Shares of Occidental Petroleum Corporation (NYSE:OXY) opened at $67.76, and ended -0.15% lower at $67.45. Nearly 4117648 shares were traded by the close, higher than its average daily volume of 3528920 shares.

Occidental Petroleum Corporation (OXY) Analyst Opinion

Occidental Petroleum Corporation is currently rated as outperform by 26 stock analysts, with the company still having around 1.41% shares outstanding that can be sold short legally. The value of their shares went up by 1% last month. Over the course of a year, the stock has grown by 9.89%. Financial analysts are becoming more bullish than ever, with the 16 analysts who cover the activities of OXY advising investors to buy. Experts on Wall Street have set a price target of $77.92 for the stock. The decision was arrived after looking at their 15.52% gain from current levels. At the moment, Occidental Petroleum Corporation (OXY) trading price is around -23.06% below its 52-week high.

Occidental Petroleum Corporation Earnings Surprise

Occidental Petroleum Corporation (OXY) was successful in overcoming the expected $1.14 as the stock recorded an earnings of $1.22 a piece during their last financial report presentation. Revenue, meanwhile, had a distance of -27.35% from the previous quarter, with the company recording $4.49 billion in revenue.

Occidental Petroleum Corporation (NYSE:OXY) Intraday View

The shares of Occidental Petroleum Corporation (NYSE:OXY) have struggled and recovered 18.69% ever since it recorded its 52 week low. During the course of 5 days, the stock price volatility has remained at 1.87%, increasing the time frame to a month, the volatility recorded was 2.1%. The price of their shares has been successful in staying above its 20 days moving average, staying at a distance of 1.37% and while its 50 moving average is around 3.84%. A look at previous five trading session OXY stock had returned 1.84% and sank -10.07% when compared to its 200-day moving average that is $70.96. Occidental Petroleum Corporation (OXY) will look to keep its 2.77% increase that it witnessed in the past one year.

As the normal trading session ended, the stock of Caterpillar Inc. (NYSE:CAT), fetched in a $0.88 spike to $138.35. The session began with the stock price at $138.8, hitting a high of $139.7704 before down again. For the week, analysts seem to be okay with their neutral with the consensus call staying at 2.3. Caterpillar Inc. gets 9 buy analyst recommendations while 10 recommend a hold and 1 rated it as a sell. The shares of the company tumbled -14.39% from its high $161.6, with their overall market value now roughly $80.93 billion.

Caterpillar Inc. (CAT) Consensus Price Target

The mean recommendation of CAT on Reuter’s scale upped from 2.07 to 2.21 within 30 days. This figure implies that the majority of analysts rate it as a hold. The price target for Caterpillar Inc. (NYSE:CAT) is now around $143.19 a share, implying the stock has what it takes to grow by 3.5%. The recent trading session also indicated the stock needs to add 36.61% more meet analysts’ high consensus price target.

Caterpillar Inc. (NYSE:CAT) Intraday Trading

The current trading volume of the company was 3723449 shares during the last session. That compares with the recent average volume of 4482240 shares. By the end of the regular trading session, the price volatility over a 1-week span was 1.96 % while over a month it stood at 1.82%. The stock price of CAT dropped to $137.095 during the day and at a certain time in 12 months it traded as low as $112.06. It has made a 23.46% recovery since its 52-week low point and has returned 8.88% year-to-date.