Occidental Petroleum Corporation (OXY): Today's Featured Energy Winner

Occidental Petroleum Corporation (OXY) pushed the Energy industry higher today making it today's featured energy winner. The industry as a whole closed the day up 1.8%. By the end of trading, Occidental Petroleum Corporation rose $1.76 (2.1%) to $85.24 on average volume. Throughout the day, five million shares of Occidental Petroleum Corporation exchanged hands as compared to its average daily volume of 4.7 million shares. The stock ranged in a price between $83.51-$85.25 after having opened the day at $84.33 as compared to the previous trading day's close of $83.48. Other companies within the Energy industry that increased today were: ATP Oil & Gas (ATPG), up 29.8%, GeoMet (GMET), up 20%, Tri-Valley Corporation (TIV), up 19.8%, and GeoGlobal Resources (GGR), up 17.9%.

Occidental Petroleum Corporation engages in the exploration and production of oil and gas properties in the United States and internationally. The company operates in three segments: Oil and Gas; Chemical; and Midstream, Marketing, and Other. Occidental Petroleum Corporation has a market cap of $67.54 billion and is part of the basic materials sector. The company has a P/E ratio of 10, equal to the average energy industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 13.4% year to date as of the close of trading on Thursday. Currently there are 12 analysts that rate Occidental Petroleum Corporation a buy, no analysts rate it a sell, and four rate it a hold.

TheStreet Ratings rates Occidental Petroleum Corporation as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

• You can view the full Occidental Ratings Report.

On the negative front, Geokinetics (GOK), down 13.6%, Andatee China Marine Fuel Services Corporat (AMCF), down 8%, SandRidge Mississippian Trust I (SDT), down 6.9%, and GeoPetro Resources Company (GPR), down 5.8%, were all losers within the energy industry with Enterprise Products Partners (EPD) being today's energy industry loser.

• Use our energy section to find industry-relevant news.
• Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the energy industry could consider Energy Select Sector SPDR (XLE) while those bearish on the energy industry could consider Proshares Short Oil & Gas (DDG).

• Find other investment ideas from our top rated ETFs lists.

For more information on Occidental Petroleum Corporation click any of the following:

• Occidental Petroleum Corporation Stock Price

• Occidental Petroleum Corporation Analyst Ratings

• Occidental Petroleum Corporation Key Stats & Profile

• Occidental Petroleum Corporation Earnings

• Occidental Petroleum Corporation Ratio Comparison

• Occidental Petroleum Corporation Growth Rates

• Occidental Petroleum Corporation Balance Sheet

• Occidental Petroleum Corporation Cash Flow

• Occidental Petroleum Corporation Income Statement