Stock Market News for June 08, 2016
Zacks Equity Research - Zacks Investment Research - Wed Jun 08, 9:10AM CDT
Benchmarks closed mostly in the green on Tuesday following gains in energy stocks
BIIB: 245.59 (-0.54), VRTX: 90.86 (-0.63), PXD: 162.70 (+3.15), ALXN: 134.19 (-1.42), HAL: 44.54 (+0.16), EOG: 82.52 (+0.96), AMGN: 153.86 (-0.92), ILMN: 139.98 (-1.64), XOM: 90.85 (+0.87), COP: 44.58 (+0.07), JUNO: 41.05 (-1.93), CVX: 102.41 (+0.43), OXY: 75.45 (unch), REGN: 368.31 (-3.72)
Occidental Petroleum (OXY) Breaks Through Resistance at $75.99
Comtex SmarTrend(R) - Tue Jun 07, 8:40AM CDT
Occidental Petroleum (NYSE:OXY) has opened bullishly above the pivot of $75.60 today and has reached the first level of resistance at $75.99. Investors may be interested in a cross of the next upside pivot targets of $76.56 and $77.52.
OXY: 75.45 (unch)
After Yesterday's Rally of 1.00% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Mon Jun 06, 1:35PM CDT
Occidental Petroleum (NYSE:OXY) traded in a range yesterday that spanned from a low of $75.35 to a high of $76.18. Yesterday, the shares gained 1.0%, which took the trading range above the 3-day high of $75.72 on volume of 1.6 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
OXY: 75.45 (unch)
SmarTrend Watching for Potential Pullback in Shares of Occidental Petroleum After 1.00% Gain
Comtex SmarTrend(R) - Mon Jun 06, 1:34PM CDT
Occidental Petroleum (NYSE:OXY) traded in a range yesterday that spanned from a low of $75.35 to a high of $76.18. Yesterday, the shares gained 1.0%, which took the trading range above the 3-day high of $75.72 on volume of 1.6 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
OXY: 75.45 (unch)
Occidental Petroleum (OXY) Breaks Through Resistance at $76.68
Comtex SmarTrend(R) - Wed May 25, 8:47AM CDT
Occidental Petroleum (NYSE:OXY) has opened bullishly above the pivot of $75.83 today and has reached the first level of resistance at $76.68. Analysts will be watching for a cross of the next upside pivot targets of $77.24 and $78.65.
OXY: 75.45 (unch)
Apache May Get Acquired by Occidental Petroleum for $25B
Zacks Equity Research - Zacks Investment Research - Thu May 19, 8:06AM CDT
Apache Corp. (APA) might get acquired by Occidental Petroleum Corporation (OXY) as per energy industry job site Oilandgaspeople.com.
MDR: 4.78 (+0.04), APA: 53.82 (+0.30), OXY: 75.45 (unch), PTR: 69.05 (-1.88)
Teal Natural Resources Secures $125 Million Initial Commitment from Pearl Energy Investments and Natural Gas Partners
BusinessWire - Tue May 17, 8:00AM CDT
Teal Natural Resources, LLC ("Teal"
OXY: 75.45 (unch)
Occidental Petroleum (OXY) Approaches New Upside Target of $76.84
Comtex SmarTrend(R) - Mon May 16, 8:41AM CDT
Occidental Petroleum (NYSE:OXY) has opened bullishly above the pivot of $75.63 today and has reached the first level of resistance at $76.09. Investors may be interested in a cross of the next upside pivot targets of $76.84 and $78.05.
OXY: 75.45 (unch)
Stock Market News for May 11, 2016
Zacks Equity Research - Zacks Investment Research - Wed May 11, 9:10AM CDT
Benchmarks closed in the green on Tuesday following rebound in oil prices and gains in shares of Amazon
IFF: 127.64 (-1.12), MON: 108.08 (-1.12), FB: 113.44 (-3.18), NUE: 50.51 (+0.01), FCX: 10.50 (+0.14), NEM: 36.00 (+0.21), XOM: 90.85 (+0.87), SLB: 78.12 (-0.41), NFLX: 95.96 (+2.21), EOG: 82.52 (+0.96), APA: 53.82 (+0.30), OXY: 75.45 (unch), CVX: 102.41 (+0.43), SWN: 13.13 (-0.02), DOW: 53.03 (-0.35)
Downgrade Alert for Occidental Petroleum (OXY)
Comtex SmarTrend(R) - Tue May 10, 3:22AM CDT
Occidental Petroleum (NYSE:OXY) was downgraded from Overweight to Neutral at JP Morgan today. The stock closed yesterday at $75.54 on volume of 3.9 million shares, above average daily volume of 3.8 million. In the past 52 weeks, shares of Occidental Petroleum have traded between a low of $58.24 and a high of $82.02 and closed yesterday at $75.54, which is 30% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.6%.
OXY: 75.45 (unch)
Occidental Petroleum (OXY) Slips into Q1 Loss, Revenues Beat
Zacks Equity Research - Zacks Investment Research - Thu May 05, 2:55PM CDT
Occidental Petroleum Corporation (OXY) reported a first-quarter 2016 loss of 56 cents per share, wider than the Zacks Consensus Estimate of a loss of 41 cents.
HES: 57.95 (+0.25), COP: 44.58 (+0.07), MRO: 13.35 (-0.07), OXY: 75.45 (unch)
Occidental Petroleum (OXY) Q1 Loss Wider Than Expected
Zacks Equity Research - Zacks Investment Research - Thu May 05, 7:49AM CDT
Occidental Petroleum (OXY) reported first quarter2016 loss wider than expected. Our consensus called for first-quarter loss of 41 cents, and the company reported loss of 56 cents.
OXY: 75.45 (unch)
Occidental misses 1Q profit forecasts
Automated Insights - Thu May 05, 6:31AM CDT
HOUSTON (AP) _ Occidental Petroleum Corp. (OXY) on Thursday reported first-quarter net income of $78 million, after reporting a loss in the same period a year earlier.
OXY: 75.45 (unch)
Occidental Petroleum Announces 1st Quarter 2016 Results
BusinessWire - Thu May 05, 6:00AM CDT
Occidental Petroleum Corporation (NYSE:OXY) today announced its first quarter 2016 financial results on its website, www.oxy.com. The announcement and financial schedules can be accessed via the investor relations section of the website. The earnings release is also available on the Securities and Exchange Commission's website at www.sec.gov. The company will hold a conference call at 11 a.m. Eastern today. The conference call may be accessed by calling 1-866-871-6512 (international callers dial 1-412-317-5417) or via webcast at oxy.com/investors.
OXY: 75.45 (unch)