Occidental Petroleum Corporation (OXY) : Regis Management Co scooped up 27 additional shares in Occidental Petroleum Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 2, 2016. The investment management firm now holds a total of 45,666 shares of Occidental Petroleum Corporation which is valued at $3,473,356.Occidental Petroleum Corporation makes up approximately 0.76% of Regis Management Co’s portfolio.
Occidental Petroleum Corporation closed down -0.08 points or -0.11% at $76.06 with 52,58,006 shares getting traded on Friday. Post opening the session at $75.31, the shares hit an intraday low of $75.1 and an intraday high of $76.64 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
Other Hedge Funds, Including , Agran Libbie boosted its stake in OXY in the latest quarter, The investment management firm added 31 additional shares and now holds a total of 11,713 shares of Occidental Petroleum Corporation which is valued at $890,891. Occidental Petroleum Corporation makes up approx 0.23% of Agran Libbie’s portfolio.Ashburton (jersey) Ltd reduced its stake in OXY by selling 5,860 shares or 15.87% in the most recent quarter. The Hedge Fund company now holds 31,055 shares of OXY which is valued at $2,380,366. Occidental Petroleum Corporation makes up approx 0.83% of Ashburton (jersey) Ltd’s portfolio.Wilbanks Smith Thomas Asset Management boosted its stake in OXY in the latest quarter, The investment management firm added 511 additional shares and now holds a total of 5,580 shares of Occidental Petroleum Corporation which is valued at $427,707. Occidental Petroleum Corporation makes up approx 0.05% of Wilbanks Smith Thomas Asset Management’s portfolio.Curian Capital reduced its stake in OXY by selling 144,838 shares or 65.44% in the most recent quarter. The Hedge Fund company now holds 76,490 shares of OXY which is valued at $5,862,959. Occidental Petroleum Corporation makes up approx 0.43% of Curian Capital’s portfolio.
On the company’s financial health, Occidental Petroleum Corporation reported $-0.47 EPS for the quarter, missing the analyst consensus estimate by $ -0.07 based on the information available during the earnings call on May 5, 2016. Analyst had a consensus of $-0.40. The company had revenue of $2281.00 million for the quarter, compared to analysts expectations of $2517.00 million. The company’s revenue was down -26.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.04 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.