Occidental Petroleum Corporation (OXY) Rises 2.13% for July 02

Equities Staff  |

Among the biggest risers on the S&P 500 on Thursday July 02 was Occidental Petroleum Corporation ($OXY), popping some 2.13% to a price of $17.78 a share with some 28.03 million shares trading hands.

Starting the day trading at $17.92, Occidental Petroleum Corporation reached an intraday high of $18.63 and hit intraday lows of $17.61. Shares gained $0.37 apiece by day’s end. Over the last 90 days, the stock’s average daily volume has been n/a of its 916.78 million share total float. Today’s action puts the stock’s 50-day SMA at $n/a and 200-day SMA at $n/a with a 52-week range of $9.00 to $54.05.

Occidental Petroleum is an independent exploration and production company with operations in the United States, Latin America, and the Middle East. At the end of 2019, the company reported net proven reserves of 3.8 billion barrels of oil equivalent. Net production averaged 996 thousand barrels of oil equivalent per day in 2019 at a ratio of 76% oil and natural gas liquids and 24% natural gas.

Occidental Petroleum Corporation has its corporate headquarters located in Houston, TX and employs 14,400 people. Its market cap has now risen to $16.3 billion after today’s trading, its P/E ratio is now n/a, its P/S n/a, P/B 0.76, and P/FCF n/a.

You can find a complete fundamental analysis of this stock at our For a complete fundamental analysis analysis of Occidental Petroleum Corporation, check out Stock Valuation Analysis tool for OXY.

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The Dow Jones Industrial Average (DJIA) is the most visible stock index in the United States, but that doesn’t make it the best. In fact, the industry standard for market watchers and institutional investors in gauging portfolio performance is the S&P 500.

The DJIA relies on just 30 stocks as a sample of large- and mega-cap firms, dwarfed by the 500 contained in the S&P 500, and it also weights its returns using an outdated and flawed price-weighting method. The S&P 500’s weighting is based on market cap, making it a much better representation of actual market performance for large- and mega-cap stocks.

To get more information on Occidental Petroleum Corporation and to follow the company’s latest updates, you can visit the company’s profile page here: OXY’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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