3. As of noon trading, Occidental Petroleum Corporation ( OXY) is up $0.53 (0.6%) to $95.73 on light volume. Thus far, 1.1 million shares of Occidental Petroleum Corporation exchanged hands as compared to its average daily volume of 3.5 million shares. The stock has ranged in price between $94.52-$95.95 after having opened the day at $95.21 as compared to the previous trading day's close of $95.20.

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 $76.7 billion and is part of the basic materials sector. The company has a P/E ratio of 16.7, below the S&P 500 P/E ratio of 17.7. Shares are up 24.3% year to date as of the close of trading on Wednesday. Currently there are 13 analysts that rate Occidental Petroleum Corporation a buy, no analysts rate it a sell, and 5 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, attractive valuation levels, 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. Get the full Occidental Petroleum Corporation Ratings Report now.

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