Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
) pushed the Energy industry higher today making it today's featured energy winner. The industry as a whole closed the day up 0.6%. By the end of trading, Occidental Petroleum Corporation rose $2.04 (2.4%) to $88.16 on average volume. Throughout the day, 3,593,964 shares of Occidental Petroleum Corporation exchanged hands as compared to its average daily volume of 4,081,900 shares. The stock ranged in a price between $86.14-$88.40 after having opened the day at $86.32 as compared to the previous trading day's close of $86.12. Other companies within the Energy industry that increased today were:
), up 10.4%,
), up 10.1%,
), up 9.3% and
), up 9.1%.
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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 $68.8 billion and is part of the basic materials sector. Shares are up 11.4% year to date as of the close of trading on Thursday. Currently there are 10 analysts that rate Occidental Petroleum Corporation a buy, no analysts rate it a sell, and 7 rate it a hold.
TheStreet Ratings rates
Occidental Petroleum Corporation
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.
- You can view the full Occidental Petroleum Corporation Ratings Report.
On the negative front,
), down 12.7%,
), down 6.5%,
), down 6.0% and
), down 5.6% , were all laggards within the energy industry with
) being today's energy industry laggard.
- Use our energy section to find industry-relevant news.
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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the energy industry could consider
) while those bearish on the energy industry could consider
- Find other investment ideas from our top rated ETFs lists.