On 2016-07-15, Occidental Petroleum Corporation (NYSE:OXY) confirmed the dividend disbursement of $0.76 a share to shareholders as on record 2016-09-09. The firm will release dividend on 2016-10-14 while ex-dividend date is reported to be 2016-09-07.
The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Occidental Petroleum Corporation (NYSE:OXY) paid a total of $0.76 per share in dividends. This figure stood at $0.76 a share in the same period a year ago indicating a deviation of -51.3115%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $78.785 on the stock. This figure is the average of recommendations offered by 14 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $91 and $64, respectively.
Taking the mathematical rating formula, the price for Occidental Petroleum Corporation (NYSE:OXY) stands at 2.44. Earnings Review Occidental Petroleum Corporation (NYSE:OXY) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-26. For the period ending on 2016-09-30, experts are expecting EPS of $-0.06.
Coming to the quarter ending on 2015-12-31, Occidental Petroleum Corporation (NYSE:OXY) recorded EPS of $-0.18. The reported numbers came lower than the analysts’ estimates of $-0.2, demonstrating a miss of $0.02 as against reported figures.
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