St Germain D J Co Inc Lowers stake in Occidental Petroleum Corporation (OXY)

Occidental Petroleum Corporation (OXY) : St Germain D J Co Inc reduced its stake in Occidental Petroleum Corporation by 1.8% during the most recent quarter end. The investment management company now holds a total of 27,871 shares of Occidental Petroleum Corporation which is valued at $2,114,015 after selling 510 shares in Occidental Petroleum Corporation , the firm said in a disclosure report filed with the SEC on Apr 21, 2016.Occidental Petroleum Corporation makes up approximately 0.30% of St Germain D J Co Inc’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 , Headinvest boosted its stake in OXY in the latest quarter, The investment management firm added 240 additional shares and now holds a total of 36,089 shares of Occidental Petroleum Corporation which is valued at $2,737,351. Occidental Petroleum Corporation makes up approx 1.06% of Headinvest’s portfolio.Raymond James Trust N.a. boosted its stake in OXY in the latest quarter, The investment management firm added 14,469 additional shares and now holds a total of 86,321 shares of Occidental Petroleum Corporation which is valued at $6,547,448. Occidental Petroleum Corporation makes up approx 0.58% of Raymond James Trust N.a.’s portfolio.Patriot Wealth Management boosted its stake in OXY in the latest quarter, The investment management firm added 1,382 additional shares and now holds a total of 50,099 shares of Occidental Petroleum Corporation which is valued at $3,800,009. Occidental Petroleum Corporation makes up approx 0.75% of Patriot Wealth Management’s portfolio.Gateway Investment Advisers boosted its stake in OXY in the latest quarter, The investment management firm added 1,400 additional shares and now holds a total of 729,451 shares of Occidental Petroleum Corporation which is valued at $55,328,858. Occidental Petroleum Corporation makes up approx 0.47% of Gateway Investment Advisers’s portfolio.Exxonmobil Investment Management Inc Tx boosted its stake in OXY in the latest quarter, The investment management firm added 14,793 additional shares and now holds a total of 185,978 shares of Occidental Petroleum Corporation which is valued at $13,418,313. Occidental Petroleum Corporation makes up approx 0.30% of Exxonmobil Investment Management Inc Tx’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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