Occidental Petroleum Corp

Most Recent

  • uploads///carl icahn occidental
    Fund Managers

    Carl Icahn’s Love for Occidental Petroleum Might Be Costly

    Last week, Carl Icahn’s hedge fund filed its 13F for the first quarter of 2020. Occidental Petroleum was one of the hedge fund’s largest buys.

    By Rabindra Samanta
  • uploads///Top oil procing company share prices
    Energy & Utilities

    Top Oil-Producing Companies’ Stock Prices Fall

    Looking at the top US-listed oil-producing companies’ stock prices, ExxonMobil, BP, and Chevron have fallen by 40.5%, 41.6%, and 31.5% in 2020.

    By Mohit Oberoi, CFA
  • uploads///Warren Buffett Oil price crash
    Fund Managers

    How Does the Oil Price Crash Impact Warren Buffett?

    For the first time, WTI crude prices fell into the negative zone during trade on Monday. Warren Buffett invested in Occidental Petroleum last year.

    By Mohit Oberoi, CFA
  • uploads///dividend
    Dividends

    These Are the Top 5 Upstream Energy Dividend Stocks

    Investors’ preference for top dividend stocks could increase in 2020. Among sector-specific ETFs, the Energy Select Sector SPDR ETF reigns supreme.

    By Rabindra Samanta
  • uploads///Tesla TSLA stock price Elon Musk
    Company & Industry Overviews

    Tesla Institutional Investors: Who All Sold Too Early?

    In 2019, Tesla (TSLA) rose 29.3%. The S&P 500 Index gained 29.2%. The top institutional investors were bullish on the electric car manufacturer in Q3 2019.

    By Rabindra Samanta
  • uploads///AdobeStock_
    Energy & Utilities

    S&P 500 Stocks: Analysts Bullish on Diamondback

    Diamondback Energy (FANG) has the second-highest percentage of “buy” ratings among the constituents of the S&P 500 Index (SPY). Here’s why.

    By Rabindra Samanta
  • uploads///AdobeStock_
    Energy & Utilities

    More Trouble for Cabot Oil & Gas in 2020?

    In 2019, Cabot Oil & Gas (COG) has fallen 22%. The company has a correlation of 34.6% and 7.6% with natural gas and crude oil prices, respectively.

    By Rabindra Samanta
  • uploads///AdobeStock_
    Energy & Utilities

    Baker Hughes: A Look Into Its Institutional Holdings

    Yesterday, Baker Hughes stock rose by 0.2%, with a year-to-date rise of 3.9%. We’ll focus on the company’s institutional investors in Q3 2019.

    By Rabindra Samanta
  • uploads///wall street _
    Fund Managers

    D.E. Shaw & Co.: Where Is David Shaw Bullish?

    At the end of Q3 2019, D.E. Shaw & Co.’s total portfolio of publicly traded securities was worth around $81.2 billion.

    By Rabindra Samanta
  • uploads///AdobeStock_
    Energy & Utilities

    Chesapeake: Gauging Institutional Investors’ Stance in Q3

    In this article, we will look at Chesapeake’s top institutional investors’ activities in Q3 2019 and its top institutional sellers and exits.

    By Rabindra Samanta
  • uploads///AdobeStock_
    Energy & Utilities

    Upstream Stocks: The Top Movers of 2019

    In 2019 so far, upstream energy companies Hess Corporation (HES) and Noble Energy (NBL) have risen 61.8% and 15.1%, respectively.

    By Rabindra Samanta
  • uploads///AdobeStock_
    Basic Materials

    Carl Icahn: Analyzing Q3’s Top Buys

    On November 14, Carl Icahn’s Icahn Capital Management filed its form 13F. In the third quarter, it included two new stocks.

    By Rabindra Samanta
  • uploads///AdobeStock__Editorial_Use_Only
    Earnings Report

    Occidental Petroleum Earnings and Icahn versus Buffett

    On November 4, Occidental Petroleum (OXY) released its Q3 earnings after markets closed. The battle between Carl Icahn and Warren Buffett is heating up.

    By Rabindra Samanta
  • uploads///AdobeStock_
    Basic Materials

    Will Carl Icahn’s Fears Come True in October?

    Carl Icahn’s fears could come true in October. According to Goldman Sachs, the market might exhibit higher volatility next month.

    By Rabindra Samanta
  • uploads///energy stocks
    Company & Industry Overviews

    Energy Stocks: Operational Metrics, Valuation, Outlook

    Production volumes, production costs, and finding and development costs are key metrics to consider when analyzing energy stocks’ upstream operations.

    By Rekha Khandelwal, CFA
  • uploads///AdobeStock_
    Consumer

    Cloudera Gives Two Board Seats to Icahn in Settlement

    Carl Icahn has agreed to limit his ownership of Cloudera stock to 20% and not nominate any directors for the 2020 annual meeting.

    By Anuradha Garg
  • uploads///AdobeStock_
    Basic Materials

    Cloudera Stock Surges on News of Icahn’s Stake

    Yesterday, Carl Icahn revealed his 12.6% stake in data analytics company Cloudera (CLDR), causing its shares to jump.

    By Anuradha Garg
  • uploads///AdobeStock_
    Energy & Utilities

    Could Inventory Data Surprise Oil Traders?

    Tomorrow, the EIA (U.S. Energy Information Administration) is set to report inventory data for last week (ended July 26).

    By Rabindra Samanta
  • uploads///oil rig _
    Energy & Utilities

    Carl Icahn Gets Initial Support in Fight against Occidental

    Carl Ichan is in the middle of an ugly boardroom battle with Occidental Petroleum (OXY).

    By Anuradha Garg
  • uploads///AdobeStock_
    Energy & Utilities

    Carl Icahn and Occidental’s Board Battle Gets Ugly

    On Monday, Occidental Petroleum sent a letter to its shareholders. The letter urged them to ignore Carl Icahn’s proposal.

    By Anuradha Garg
  • uploads///entrepreneur _
    Company & Industry Overviews

    Midstream Stocks Were the Top Gainers in Energy Sector

    Last week, midstream stock Holly Energy Partners (HEP) outperformed other companies in the energy space.

    By Rabindra Samanta
  • uploads///AdobeStock_
    Energy & Utilities

    Icahn Launches Proxy Fight Against Occidental

    Activist investor Carl Icahn formally launched a proxy fight against Occidental Petroleum (OXY) on Thursday. Icahn disclosed a stake in Occidental as the company was locked in a bidding war with Chevron over Anadarko Petroleum. Afterward, Occidental won its bid for Anadarko with help from Berkshire Hathaway’s Warren Buffett. Sues Occidental In May, Icahn sued […]

    By Anuradha Garg
  • uploads///oil rig _
    Basic Materials

    Occidental Urges Shareholders to Vote Against Icahn’s Proposal

    Investor Carl Icahn holds a $1.6 billion stake in Occidental Petroleum, and he’s not the least bit happy with OXY’s acquisition of Anadarko.

    By Anuradha Garg
  • uploads///calculator __
    Miscellaneous

    Why Morgan Stanley Has Slashed Oil’s Price Forecast

    On July 2, Morgan Stanley (MS) reduced its long-term price forecast for Brent crude oil by $5 to $60 per barrel.

    By Rabindra Samanta
  • uploads///entrepreneur _
    Miscellaneous

    OPEC Could Extend the Output Cut: Will Oil’s Rise Continue?

    At 7:12 AM ET on July 1, US crude oil active futures were trading 2.2% higher compared to last week. Energy stocks might open higher on July 1 due to oil’s gains.

    By Rabindra Samanta
  • uploads///Part
    Fund Managers

    Carl Icahn Says Occidental Is Treating Shareholders Like Peasants

    Carl Icahn is now calling for a special shareholder meeting where he hopes to win board seats. On June 24, while discussing the Eldorado Resorts (ERI) and Caesars Entertainment merger (CZR), Icahn criticized the Occidental Petroleum (OXY) and Anadarko (APC) merger.

    By Anuradha Garg
  • uploads///Part
    Fund Managers

    Carl Icahn Steps Up Attack on Occidental over Anadarko Deal

    Icahn is seeking to replace four Occidental directors. He believes that the board mismanaged its $38 billion deal to buy Anadarko Petroleum. He also said that the company’s pending deal implies a lack of “effective corporate governance” and is seeking to change the company’s charter to prevent it from doing a similar takeover again.

    By Anuradha Garg
  • uploads///Part
    Energy & Utilities

    Carl Icahn Is Going All Out against Occidental-Anadarko Deal

    Last week, Icahn sued Occidental Petroleum to gain access to corporate records related to what he believes is a hugely overpriced deal to acquire Anadarko.

    By Anuradha Garg
  • uploads///p
    Energy & Utilities

    Occidental Petroleum Outperformed Oil-Weighted Stocks

    On May 22–29, our list of oil-weighted stocks fell 7.2%—compared to the 4.2% fall in US crude oil July futures.

    By Rabindra Samanta
  • uploads///Featured image
    Company & Industry Overviews

    Chevron Won’t Make a Counteroffer to Anadarko

    Chevron (CVX) has decided not to make a counteroffer to Anadarko Petroleum (APC) in response to Occidental Petroleum’s (OXY) revised bid.

    By Maitali Ramkumar
  • uploads///Featured image
    Company & Industry Overviews

    Anadarko Views Occidental’s Bid as Superior to Chevron’s Bid

    On May 6, Anadarko Petroleum’s board of directors determined a revised bid from Occidental Petroleum to be superior to that of Chevron.

    By Maitali Ramkumar
  • uploads///image
    Energy & Utilities

    Could Occidental’s Offer for Anadarko Pit Buffett against Icahn?

    Occidental Petroleum (OXY) has now made a more attractive offer for Anadarko Petroleum (APC).

    By Anuradha Garg
  • uploads///shield _
    Energy & Utilities

    Icahn Takes Stake in Occidental amid Bidding War for Anadarko

    Carl Icahn has built a small stake in Occidental Petroleum amid OXY’s bidding war for Anadarko Petroleum (APC).

    By Anuradha Garg
  • uploads///part
    Energy & Utilities

    Buffett Makes It Clear Occidental Wasn’t an Accidental Deal

    Last week, Berkshire Hathaway (BRK-B) announced that the company would pump $10 billion into Occidental Petroleum (OXY).

    By Mohit Oberoi, CFA
  • uploads///part
    Energy & Utilities

    Occidental Deal Could Energize Berkshire’s Performance

    Berkshire Hathaway, which has an enviable track record versus the S&P 500 (SPY), is underperforming the markets this year.

    By Mohit Oberoi, CFA
  • uploads///opec crude production
    Energy & Utilities

    OPEC’s Role in World Oil Production

    OPEC (the Organisation of the Petroleum Exporting Countries) aims to “coordinate and unify the petroleum policies of its Member Countries.”

    By Rekha Khandelwal, CFA
  • uploads///oil _
    Energy & Utilities

    Occidental Petroleum: What to Expect from Its Q1 Earnings

    Occidental Petroleum (OXY) is scheduled to announce its first-quarter results on May 6.

    By Rabindra Samanta
  • uploads///oil _
    Energy & Utilities

    Why Apache’s Earnings May Halve in Q1 2019

    Apache (APA) is set to announce its first-quarter results on May 1. Analysts expect its adjusted EPS to fall ~52% sequentially in the quarter.

    By Rabindra Samanta
  • uploads///image
    Energy & Utilities

    Futures Spread: Bullish Sentiments Fall for Oil

    On April 15, the US crude oil May 2019 futures closed ~$2 above the May 2020 futures. On April 8, the futures spread was at a premium of $3.5.

    By Rabindra Samanta
  • uploads///oil pump black white industry
    Energy & Utilities

    Oil Traders: Be Careful with Your Long Positions

    The fall in the yield spread indicates concerns about the US economy’s growth rate. Oil prices might fall from the current levels.

    By Rabindra Samanta
  • uploads///oil _
    Energy & Utilities

    UBS Raises Price Target for ConocoPhillips

    Yesterday, UBS increased its price target for ConocoPhillips (COP) by $1 to $70.

    By Rabindra Samanta
  • uploads///image
    Energy & Utilities

    Futures Spread: Oil Market Sentiments

    On March 11, the US crude oil April 2019 futures closed ~$1.7 below the April 2020 futures. On March 4, the futures spread was at a discount of $1.8.

    By Rabindra Samanta
  • uploads///oil _
    Energy & Utilities

    Analysts’ Ratings and Outlook for Occidental Petroleum

    Of the 26 analysts tracking Occidental Petroleum (OXY), 69% recommend “buy,” 31% recommend “hold,” and none recommend “sell.”

    By Rabindra Samanta
  • uploads///oil pump jack sunset clouds
    Earnings Report

    What Might Impact Devon Energy’s Stock Prices?

    Devon Energy (DVN) is expected to report its fourth-quarter earnings on February 19 after the market closes.

    By Rabindra Samanta
  • uploads///oil _
    Earnings Report

    Will Anadarko Benefit from Its Production Mix Strategy in 2019?

    In Q4 2018, crude oil sales accounted for 58% of APC’s total sales volume. In 2019, the oil sales volume as a percentage of total sales might vary between 57.6% and 58.8%.

    By Rabindra Samanta
  • uploads///oil pump black white industry
    Energy & Utilities

    Will US Crude Oil Maintain the $54 Level on February 5?

    On February 4, US crude oil prices fell 1.3% and settled at $54.56 per barrel. US crude oil active futures made an intraday high of $55.75.

    By Rabindra Samanta
  • uploads///oil _
    Earnings Report

    ConocoPhillips Stock Rises following Its Q4 Earnings Results

    On January 31, ConocoPhillips (COP) reported adjusted EPS of $1.13 for the fourth quarter, a fall of 17% on a sequential basis.

    By Rabindra Samanta
  • uploads///oil _
    Earnings Report

    Oil Might Push Hess’s EPS into Negative Territory

    Hess Corporation (HES) is scheduled to report its fourth-quarter earnings results on January 30.

    By Rabindra Samanta
  • uploads///oil _
    Energy & Utilities

    A Small Fall in Inventories Could Be a Big Push for Oil Prices

    In the week ended January 11, US crude oil inventories were 8% higher than their five-year average—the same as the previous week.

    By Rabindra Samanta
  • uploads///P
    Company & Industry Overviews

    ConocoPhillips: Oil Prices Might Hurt the Cash Flow

    For 2019, ConocoPhillips’ total planned capital expenditure was $6.1 billion. The capital expenditure is achievable.

    By Rabindra Samanta
  • uploads///oil monahans texas sunset
    Earnings Report

    ConocoPhillips’ Earnings Might Fall ~28% in Q4 2018

    ConocoPhillips’ (COP) adjusted EPS might fall ~28% in the fourth quarter on a sequential basis based on analysts’ consensus estimate.

    By Rabindra Samanta
  • uploads///P
    Energy & Utilities

    Why Certain Oil-Weighted Stocks Outperformed Last Quarter

    In the fourth quarter, our list of oil-weighted stocks fell 44.2%—compared to the 39.7% fall in US crude oil February futures.

    By Rabindra Samanta
  • uploads///image
    Energy & Utilities

    A Large Fall in EIA Data Might Help Oil Prices to Rise

    In the week ending on December 21, US crude oil inventories were 7% higher than their five-year average—unchanged from the previous week.

    By Rabindra Samanta
  • uploads///oil pump jack sunset clouds
    Company & Industry Overviews

    Why Devon Energy Fell in November

    In November, Devon Energy (DVN) fell 16.6%—the biggest decline on our list of upstream stocks.

    By Rabindra Samanta
  • uploads///image
    Energy & Utilities

    Goldman Sachs: Trump’s Love for Cheap Oil Could Cost Oil Drillers

    Jeff Currie, Goldman Sachs’ (GS) commodities’ head, told CNBC that oil’s fall to $50 will hurt US oil producers.

    By Rabindra Samanta
  • uploads///oil _
    Company & Industry Overviews

    ConocoPhillips: Jim Ratcliffe Eyes Assets in the United Kingdom

    On November 19, ConocoPhillips (COP) confirmed to CNBC that it has been engaged in talks with Jim Ratcliffe.

    By Rabindra Samanta
  • uploads///oil sunset crude oil pic
    Energy & Utilities

    XOP Is Underperforming Other Energy ETFs

    On November 12–19, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) fell 1.6%—the largest decline among major energy ETFs.

    By Rabindra Samanta
  • uploads///p
    Energy & Utilities

    ConocoPhillips’ Free Cash Flow Has Strengthened in 2018

    ConocoPhillips (COP) has strengthened its FCF (free cash flow) in the past one year.

    By Rabindra Samanta
  • uploads///oil _
    Company & Industry Overviews

    Will ConocoPhillips Continue to Deliver amid Oil’s Turbulence?

    As of November 12, Brent crude oil active futures had fallen 18.3% from their almost four-year high of $86.29 per barrel on October 3.

    By Rabindra Samanta
  • uploads///oil _
    Energy & Utilities

    Upstream Space Might See Upside This Week

    On November 2–9, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) rose 0.6%—the least among major energy ETFs.

    By Rabindra Samanta
  • uploads///oil pump jacks energy industry rig
    Energy & Utilities

    Geopolitical Turmoil: US Crude Oil Might Stay near to $70

    On October 12–19, US crude oil December futures fell 2.7% and closed at $69.28 per barrel on October 19.

    By Rabindra Samanta
  • uploads///crude oil mine _
    Energy & Utilities

    Upstream Stocks Might Continue to Build on Last Week’s Gains

    In the week ending September 28, upstream energy stocks continued their winning streak for the third consecutive week.

    By Kurt Gallon
  • uploads///stock _
    Energy & Utilities

    Upstream Stocks Saw Strong Buying Last Week

    Upstream energy stocks saw strong buying in the week ending September 14 amid sharp gains in crude oil prices. US crude oil went above $70 per barrel.

    By Kurt Gallon
  • uploads///ANR
    Company & Industry Overviews

    Analysts’ Ratings: APC Wins the Most ‘Buy’ Recommendations

    Among the four upstream companies we’re looking at in this series, Anadarko Petroleum (APC) has received the most “buy” (82.9%) recommendations from analysts covering the stock.

    By Kurt Gallon
  • uploads///institutional buyers
    Company & Industry Overviews

    EOG Sees the Most Institutional Investment among Peers

    Capital World Investors added a major position in ConocoPhillips (COP) during the second quarter, buying 19.6 million COP shares for $1.4 billion.

    By Kurt Gallon
  • uploads///val
    Company & Industry Overviews

    What COP’s, EOG’s, OXY’s, and APC’s Current Valuation Indicates

    Anadarko Petroleum (APC) has the lowest forward price-to-CFFO multiple among the selected peers, of 4.9x, which is below its historical average of 7.6x.

    By Kurt Gallon
  • uploads///NSPC
    Company & Industry Overviews

    Why ConocoPhillips Is Outperforming Peers This Year

    US independent upstream companies have been volatile recently.

    By Kurt Gallon
  • uploads///CapEx
    Company & Industry Overviews

    A Look at the Four Biggest Upstream Companies’ Capex Plans

    This year, ConocoPhillips (COP) expects its capital expenditure to rise 30.7% YoY (year-over-year), to $6.0 billion from $4.6 billion.

    By Kurt Gallon
  • uploads///EBITDAX
    Company & Industry Overviews

    COP, EOG, OXY, APC: Which Generated the Highest Free Cash Flow?

    In the second quarter, ConocoPhillips’s adjusted EBITDAX grew 108.4% YoY (year-over-year), the most among peers.

    By Kurt Gallon
  • uploads///proved reserves
    Company & Industry Overviews

    EOG Sees the Largest Increase in Proven Reserves among Peers

    Between 2016 and 2017, ConocoPhillips’ (COP) total proven reserves, including equity affiliates, fell 21.6% to 5,038 MMBoe (million barrels of oil equivalent), of which 47.7% were oil and 39.3% were natural gas.

    By Kurt Gallon
  • uploads///crude oil mine _
    Company & Industry Overviews

    COP, EOG, OXY, APC: The Largest Independent Upstream Companies

    In this series, we’ll compare the four largest independent E&P (exploration and production) players by market capitalization.

    By Kurt Gallon
  • uploads///EOG
    Energy & Utilities

    EOG Resources Is the Second Least Volatile E&P Stock

    EOG Resources (EOG) ranks second among E&P stocks in terms of volatility.

    By Kurt Gallon
  • uploads///crude oil mine _
    Energy & Utilities

    Here Are the Five Least Volatile Exploration & Production Stocks

    The SPDR S&P Oil & Gas Exploration & Production ETF (XOP) had a 200-day volatility of 27.6% as of August 29.

    By Kurt Gallon
  • uploads///OXY
    Company & Industry Overviews

    Institutional Investors’ Views on Occidental Petroleum

    Fidelity Management & Research and Two Sigma Investments were Occidental Petroleum’s (OXY) biggest buyers during the second quarter, buying 4.2 million and 3.9 million shares, respectively.

    By Kurt Gallon
  • uploads///image
    Energy & Utilities

    Where US Crude Oil Prices Could Close Next Week

    On August 9, US crude oil’s implied volatility was 23.1%, which was ~1.3% below its 15-day average.

    By Rabindra Samanta
  • uploads///CNX Q Pre F
    Earnings Report

    Are Institutional Investors Buying CNX Resources Stock?

    In Q1 2018, 140 funds bought CNX Resources (CNX).

    By Nicholas Chapman
  • uploads///EOG Q Pre Production
    Earnings Report

    Understanding EOG Resources’ Q2 2018 Production Guidance

    For the second quarter, EOG Resources expects total production in the range of 670.3–706.2 Mboepd (thousand barrels of oil equivalent per day).

    By Nicholas Chapman
  • uploads///EOG Q Pre Revenues
    Earnings Report

    Analyzing EOG Resources’ Q2 2018 Revenue Expectations

    For the second quarter, Wall Street analysts expect EOG Resources (EOG) to report revenue of ~$3.91 billion.

    By Nicholas Chapman
  • uploads///targets
    Energy & Utilities

    Wall Street’s Recommendations for Oasis Petroleum Stock

    Approximately 69% of the analysts surveying Oasis Petroleum (OAS) have rated it as a “buy,” and the remaining 31% have rated it as a “hold.”

    By Keisha Bandz
  • uploads///MRO Q Pre F
    Earnings Report

    Are Institutional Investors Selling Marathon Oil Stock?

    In Q1 2018, 265 funds were “buyers” of Marathon Oil (MRO) stock, either creating new positions or adding to existing positions.

    By Nicholas Chapman
  • uploads///MRO Q Pre Dividend
    Earnings Report

    Analyzing Marathon Oil’s Dividend and Dividend Yield

    MRO paid its last dividend on June 11. The dividend, which was its dividend payment for Q2 2018, was $0.05 per share on its common stock.

    By Nicholas Chapman
  • uploads///Image
    Earnings Report

    Can Marathon Oil Report Higher Profits in Q2 2018?

    Marathon Oil (MRO) is set to report its Q2 earnings on August 1. Excluding one-time items, the net income estimate is ~$161 million.

    By Nicholas Chapman
  • uploads///TARGETS
    Energy & Utilities

    What Analysts Expect for Oasis Stock in the Next 12 Months

    Approximately 69% of the analysts covering Oasis Petroleum (OAS) have rated it as a “buy,” and the remaining 31% have rated it as a “hold.”

    By Keisha Bandz
  • uploads///DVN Q Pre Production
    Earnings Report

    Will Devon Energy’s Production Increase in Q2 2018?

    For Q2 2018, Devon Energy (DVN) expects total production in a range of 524–549 Mboepd (thousand barrels of oil equivalent per day).

    By Nicholas Chapman
  • uploads///DVN Q Pre Revenues
    Earnings Report

    Devon Energy’s Revenue Expectations for Q2 2018

    For Q2 2018, Wall Street analysts expect Devon Energy (DVN) to report revenues of ~$3.90 billion. On a year-over-year basis, DVN’s Q2 2018 revenues expectations are ~24% higher compared with its Q2 2017 revenues of ~$3.15 billion.

    By Nicholas Chapman
  • uploads///Image
    Earnings Report

    Will Devon Energy Report Higher Profits in Q2 2018?

    Devon Energy (DVN) is expected to report its Q2 2018 earnings on July 31 after the market closes. Here’s what you need to know.

    By Nicholas Chapman
  • uploads///COP Q Pre Dividend
    Company & Industry Overviews

    Analyzing ConocoPhillips’s Dividend and Dividend Yield

    On July 11, ConocoPhillips (COP) announced a dividend of $0.285 per share on its common stock.

    By Nicholas Chapman
  • uploads///zbynek burival  unsplash
    Earnings Report

    Could ConocoPhillips Report Higher Profits in Q2 2018?

    ConocoPhillips (COP) plans to report its Q2 2018 earnings on July 26. Its consensus net income estimate is ~$1.18 billion.

    By Nicholas Chapman
  • uploads///oil prod forecast
    Company & Industry Overviews

    Anadarko Petroleum’s Production Forecast for 2018

    For 2018, Anadarko Petroleum (APC) provided a production forecast of 658 Mboed–685 Mboed or 671.5 at the mid-point. APC’s production volumes in 2017 were 672 Mboed.

    By Keisha Bandz
  • uploads///OXY WU_ Analysts
    Energy & Utilities

    What’s Analysts’ Median Target Price for Occidental Petroleum?

    On June 22, Reuters reported that 25 analysts had given recommendations on Occidental Petroleum (OXY) stock.

    By Nicholas Chapman
  • uploads///OXY WU_ F
    Company & Industry Overviews

    Are Hedge Funds Buying Occidental Petroleum?

    In this article, we’ll take a look at how hedge funds are positioning themselves in Occidental Petroleum (OXY) stock.

    By Nicholas Chapman
  • uploads///SWN WU_ Correlation
    Energy & Utilities

    Understanding Occidental’s Correlation with Crude Oil Prices

    In this article, we’ll try to quantify any correlation between OXY and crude oil prices.

    By Nicholas Chapman
  • uploads///COP WU_ Correlation
    Energy & Utilities

    Did Crude Oil Move ConocoPhillips’s Stock Last Week?

    As we saw in the previous part of this series, ConocoPhillips’s (COP) stock price was up by 3.70% for the week ended June 22.

    By Nicholas Chapman
  • uploads///oil inventory
    Consumer

    API Reports a Decline in US Crude Inventories

    The API reported that US crude oil inventories fell by 3 MMbbls (million barrels) on June 8–15.

    By Gordon Kristopher
  • uploads///COP WU_ Correlation
    Energy & Utilities

    ConocoPhillips’s Stock Underperformed Crude Oil Prices Last Week

    As we saw in the previous part of this series, ConocoPhillips’s (COP) stock price was down ~6%. Crude oil (SCO) fell more than 1%. So, it’s clear that COP’s stock price underperformed crude oil prices.

    By Nicholas Chapman
  • uploads///monthly rig count
    Energy & Utilities

    Permian Is Most Actively Drilled followed by Anadarko, Eagle Ford

    The Permian Basin has developed into one of the most active drilling regions in the United States.

    By Keisha Bandz
  • uploads///p
    Energy & Utilities

    Why US Crude Oil Prices Are Steady

    On June 14, Russia and Saudi Arabia announced a bilateral framework to increase cooperation and manage the oil market.

    By Rabindra Samanta
  • uploads///P
    Energy & Utilities

    Are Oil-Weighted Stocks Outperforming WTI Crude Oil Prices?

    On May 30–June 6, our list of oil-weighted stocks fell 3.8%. US crude oil July futures fell 5.1% during this period.

    By Rabindra Samanta
  • uploads///rev stock
    Miscellaneous

    Comparing Stocks: COP, OXY, DVN, EOG, and APC

    ConocoPhillips (COP) was the outlier among its peers. ConocoPhillips has risen ~50.6% YoY, while Occidental Petroleum has risen ~42% YoY.

    By Keisha Bandz
  • uploads///industry __
    Energy & Utilities

    Are You Looking at the Right Oil-Weighted Stocks?

    On May 16, US crude oil June futures rose 0.3% and closed at $71.49 per barrel, a more-than-three-year high.

    By Rabindra Samanta
    • CONNECT with Market Realist
    • Link to Facebook
    • Link to Twitter
    • Link to Instagram
    • Link to Email Subscribe
    Market Realist Logo
    Do Not Sell My Personal Information

    © Copyright 2021 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.