Occidental Petroleum Insights: Return On Capital Employed
Occidental Petroleum (NYSE:OXY) posted a 108.93% decrease in earnings from Q4. Sales, however, increased by 63.65% over the previous quarter to $5.48 billion.
Morgan Stanley Upgrades Marathon Oil & Occidental Petroleum, Calls ConocoPhillips ‘Quality Stock On Sale’
Crude oil prices hit multi-year highs this week above $70 pre barrel on optimism surrounding summer reopening and travel demand.
On Friday, one Wall Street analyst adjusted his oil stock coverage ahead of what could be a big summer for oil stocks.
The Analyst: Morgan Stanley analyst Devin McDermott issued the following oil stock rating changes:
10 Biggest Price Target Changes For Friday
Piper Sandler raised Adobe Inc. (NASDAQ: ADBE) price target from $570 to $600. Adobe shares rose 3.3% to $569.50 in pre-market trading.
Morgan Stanley Upgrades Occidental Petroleum to Overweight, Raises Price Target to $40
Morgan Stanley analyst Devin McDermott upgrades Occidental Petroleum (NYSE:OXY) from Equal-Weight to Overweight and raises the price target from $32 to $40.
Occidental Petroleum Shares See New Highs; Hearing David Tepper Says Co Could Be A $45-$50 Stock
-Reuters Citing Robinhood Conference
Tesla And Biogen Lead The SPY Lower Tuesday
U.S. indices were trading lower Tuesday as investors await an outcome from this week's Fed meeting.
Barclays Upgrades Occidental Petroleum to Overweight, Raises Price Target to $33
Barclays analyst Jeanine Wai upgrades Occidental Petroleum (NYSE:OXY) from Equal-Weight to Overweight and raises the price target from $28 to $33.
Benzinga’s Bulls And Bears Of The Week: AMC, Apple, Coinbase, CVS, Ford And More
Benzinga has examined the prospects for many investor favorite stocks over the last week.
The week's bullish calls included a Detroit automaker and gold and oil stocks.
The iPhone maker, EV leader and a stock popular with retail traders were among the bearish calls.