Occidental Petroleum Corporation is an American energy company engaged in the hydrocarbon exploration and petrochemical manufacturing. Company’s market capitalization is $52.27 billion. Occidental Petroleum Corporation’s stock trades at price-to-earnings (P/E) ratio of 8.34 for trailing twelve months (ttm). Over the past 12 months, it has generated revenue of $29.01 billion, Return on Assets (ttm) of 5.96% and Return on Equity (ttm) 34.1%. Warren Buffett's Berkshire Hathaway Inc bought another 9.6 million shares of Occidental Petroleum by spending about $529 million, Berkshire said in a regulatory filing on Wednesday. Berkshire now owns 16.3% of Occidental shares worth about $8.52 billion based on Occidental stock's Wednesday close. Stock price closed up 0.57% over day after the news.
| Indicator | VALUE | Signal |
|---|
| RSI | | Sell |
| MACD | | Sell |
| Donchian Channel | | Sell |
| MA(200) | | Buy |
| Fractals | | Sell |
| Parabolic SAR | | Sell |
Summary of technical analysis
| Order | Sell |
| Buy stop | Below 54.30 |
| Stop loss | Above 68.76 |