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Shares of Occidental Petroleum Corporation NYSE: OXY traded at a new 12 month high of $38.00 today. There were around 5 million shares changed hands today, compared to an average 30 day volume of 16.4 million shares.
Occidental Petroleum Corporation has overhead space with shares priced at $37.62, or 92.5% less than the average consensus analyst price target of $498.69.
Occidental Petroleum is an independent exploration and production company with operations in the United States, Latin America and the Middle East. The company reported net proved reserves of 2.9 billion barrels of oil equivalent at the end of 2020. In 2020, net production averaged 1,306 thousand barrels of oil equivalent per day, at a ratio of 74% oil and natural gas liquids and 26% natural gas.
Over the past year, Occidental Petroleum Corporation has traded in a range of $19.46 to $38.00, and is now at $37.62, 93% above that low.
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This post contains sponsored advertising content. The content is for informational purposes and is not intended to be investing advice.