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

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.

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 0.8%. By the end of trading, Occidental Petroleum Corporation rose $1.01 (1.1%) to $95.41 on light volume. Throughout the day, 2,530,263 shares of Occidental Petroleum Corporation exchanged hands as compared to its average daily volume of 3,519,400 shares. The stock ranged in a price between $94.14-$95.63 after having opened the day at $94.43 as compared to the previous trading day's close of $94.40. Other companies within the Energy industry that increased today were: Clayton Williams Energy ( CWEI), up 9.3%, Penn Virginia Corporation ( PVA), up 8.8%, Halcon Resources ( HK), up 8.3% and TransGlobe Energy Corporation ( TGA), up 8.1%.

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 $74.8 billion and is part of the basic materials sector. Shares are up 21.1% year to date as of the close of trading on Thursday. Currently there are 9 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 as a buy. 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, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the negative front, GeoPetro Resources Company ( GPR), down 25.8%, Andatee China Marine Fuel Services Corporat ( AMCF), down 16.7%, Forest Oil ( FST), down 9.6% and HyperDynamics Corporation ( HDY), down 7.4% , were all laggards within the energy industry with Williams Companies ( WMB) being today's energy industry laggard.

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).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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