Old Second National Bank Of Aurora buys $2,104,610 stake in Occidental Petroleum Corporation (OXY)

Occidental Petroleum Corporation (OXY) : Old Second National Bank Of Aurora scooped up 1,021 additional shares in Occidental Petroleum Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 21, 2016. The investment management firm now holds a total of 27,747 shares of Occidental Petroleum Corporation which is valued at $2,104,610.Occidental Petroleum Corporation makes up approximately 0.99% of Old Second National Bank Of Aurora’s portfolio.

Occidental Petroleum Corporation opened for trading at $76.76 and hit $78.09 on the upside on Wednesday, eventually ending the session at $77.52, with a gain of 1.36% or 1.04 points. The heightened volatility saw the trading volume jump to 36,78,644 shares. Company has a market cap of $59,213 M.

Other Hedge Funds, Including , Everence Capital Management Inc boosted its stake in OXY in the latest quarter, The investment management firm added 10,870 additional shares and now holds a total of 33,798 shares of Occidental Petroleum Corporation which is valued at $2,563,578. Occidental Petroleum Corporation makes up approx 0.78% of Everence Capital Management Inc’s portfolio. Beacon Capital Management sold out all of its stake in OXY during the most recent quarter. The investment firm sold 4 shares of OXY which is valued $303.Sit Investment Associates Inc boosted its stake in OXY in the latest quarter, The investment management firm added 39,065 additional shares and now holds a total of 688,990 shares of Occidental Petroleum Corporation which is valued at $49,710,629. Occidental Petroleum Corporation makes up approx 0.90% of Sit Investment Associates Inc’s portfolio.Oakwood Capital Managementca boosted its stake in OXY in the latest quarter, The investment management firm added 505 additional shares and now holds a total of 64,335 shares of Occidental Petroleum Corporation which is valued at $4,641,770. Occidental Petroleum Corporation makes up approx 1.22% of Oakwood Capital Managementca’s portfolio.Fruth Investment Management reduced its stake in OXY by selling 200 shares or 4.28% in the most recent quarter. The Hedge Fund company now holds 4,478 shares of OXY which is valued at $316,998. Occidental Petroleum Corporation makes up approx 0.16% of Fruth Investment Management’s portfolio.

On the company’s financial health, Occidental Petroleum Corporation reported $-0.17 EPS for the quarter, missing the analyst consensus estimate by $ -0.05 based on the information available during the earnings call on Feb 4, 2016. Analyst had a consensus of $-0.12. The company had revenue of $2806.00 million for the quarter, compared to analysts expectations of $2852.11 million. The company’s revenue was down -34.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.72 EPS.

Occidental Petroleum Corporation (Occidental) is engaged in the oil and gas exploration and production. The Company through its subsidiaries and affliates operates in the United States Middle East/North Africa and Latin America. Occidental operates through three segments. The oil and gas segment explores for develops and produces oil and condensate natural gas liquids (NGL) and natural gas. The chemical (OxyChem) segment manufactures and markets basic chemicals and vinyls. The midstream marketing and other segment (midstream and marketing) gathers processes transports stores purchases and markets oil condensate NGLs natural gas carbon dioxide (CO2) and power. It also trades around its assets including transportation and storage capacity and trades oil NGLs gas and other commodities.

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