Jefferies (NYSE:JEF) analyst Giacomo Romeo maintained a Hold rating on Occidental Petroleum on Monday, setting a price target of $28, which is approximately 15.56% above the present share price of $24.23.
Romeo expects Occidental Petroleum to post earnings per share (EPS) of -$1.41 for the second quarter of 2021.
The current consensus among 12 TipRanks analysts is for a Hold rating of shares in Occidental Petroleum, with an average price target of $30.11.
The analysts price targets range from a high of $40 to a low of $20.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $4.16 billion and a net profit of -$417 million. The company's market cap is $22.62 billion.
According to TipRanks.com, Jefferies analyst Giacomo Romeo is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -20.0% and a 23.81% success rate.
Occidental Petroleum Corp (NYSE:OXY). engages in the exploration and production of oil and natural gas. It operates through the following segments: Oil and Gas, Chemical, and Midstream and Marketing. The Oil and Gas segment explores for, develops and produces oil and condensate, natural gas liquids and natural gas. The Chemical segment manufactures and markets basic chemicals and vinyls. The Midstream and Marketing segment purchases, markets, gathers, processes, transports and stores oil, condensate, natural gas liquids, natural gas, carbon dioxide, and power. The company was founded in 1920 and is headquartered in Houston, TX.