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Occidental Petro (NYSE:OXY) target price raised to $83.00, issued a report today by Mizuho Securities

Only yesterday Occidental Petro (NYSE:OXY) traded -0.15% lower at $72.54. OXY’s 50-day average is $74.49 and its two hundred day moving average is $74.42. The last stock price is down -2.52% relative to the two hundred day average, compared to the S&P 500 which has decreased -0.01% over the date range. Volume of trade was up over the average, with 4,196,919 shares of OXY changing hands over the typical 3,951,470

Occidental Petro (NYSE:OXY) had its target price raised to $83.00 by Mizuho Securities in a report released 10/6/2016. The new target price indicates a possible upside of 0.14% based on the company's last stock close price.

Performance Chart

Occidental Petro (NYSE:OXY)

With a total market value of $0, Occidental Petro has with a one year low of $58.24 and a one year high of $78.48 .

A total of 23 equity analysts have released a ratings update on OXY. Six equity analysts rating the company a strong buy, six equity analysts rating the company a buy, twelve equity analysts rating the company a hold, two equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $78.52.

Brief Synopsis About Occidental Petro (NYSE:OXY)

Occidental Petroleum Corporation is an oil and gas exploration and production company. The Company operates through three segments: oil and gas, chemical (OxyChem), and midstream and marketing. The oil and gas segment explores for, develops and produces oil and condensate, natural gas liquids (NGLs) and natural gas. The OxyChem segment manufactures and markets basic chemicals and vinyls. OxyChem owns and operates manufacturing plants at approximately 20 domestic sites in Alabama, Georgia, Illinois, Kansas, Louisiana, Michigan, New Jersey, New York, Ohio, Pennsylvania, Tennessee and Texas, and at two international sites in Canada and Chile. The midstream and marketing segment gathers, processes, transports, stores, purchases and markets oil, condensate, NGLs, natural gas, carbon dioxide (CO2) and power. It also trades around its assets, including transportation and storage capacity. Additionally, the midstream and marketing segment invests in entities that conduct similar activities.

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