Occidental Petroleum Corporation (NYSE:OXY) initiated the shares trading at $75.67 and showed negative change of -0.46% while the stock’s final trade was registered at $ 75.38. However, its previous closing price was seen at $75.73. The stock negotiated total number of 2.41 million shares as compared to 3 months average volume of 3.83 million shares.
The stock price demonstrated downbeat change from its 50 day moving average of 75.81 and had been up from its 200 Day Moving Average of 71.59.
Occidental Petroleum Corporation (OXY) reported that Oscar K. Brown will join the firmas Senior Vice President, Worldwide Business Development, effective August 9, 2016. Mr. Brown will oversee the company’s global business development functions across its business sections. He brings over 25 years of energy banking experience to this new role.
“Our strong balance sheet provides us with the flexibility to invest in opportunities to further strengthen our core areas in the Permian Basin, Middle East and Colombia, as well as our chemical and midstream sections. I welcome Oscar to our leadership team and look forward to working with him on this planned effort,” stated Vicki Hollub, President and Chief Executive Officer.
The average true range of Occidental Petroleum Corporation’s (OXY) is recorded at 1.09 and the relative strength index of the stock stands 45.49. The stock price is going above to its 52 week low with 32.11% and lagging behind from its 52 week high with -3.74%. Analyst recommendation for this stock stands at 2.40. A look on the firm performance, its monthly performance is -2.23% and a quarterly performance of 0.36%. The stock price is trading upbeat from its 200 days moving average with 6.76% and down from 50 days moving average with -0.16%.
According to ZACKS data, different Brokerage Firms rated the stock about their BUY, SELL or HOLD recommendations. Currently shares have been suggested as “BUY” from “8” brokerage firms and recommended as “Strong Buy” by “1” brokerage firms. 1” brokerage firms have issued “Sell” rating for the company and “Strong Sell” rating was issued by “2.17” brokerage firms. “0” brokerage firms have rated the company as a “Hold”. The Corporation has average brokerage recommendation (ABR) of 0 based on consensus of the brokerage firms issuing ratings.
Shares of Rice Energy Inc. (NYSE:RICE) climbed +0.88% and ended at $21.74 greater than previous closing price of $21.55. The total 1.89 million shares were bought and sold throughout the most recent trading session less than average volume of 3.45 million shares.
Rice Energy Inc.’s (RICE) has price to sale ratio of 6.39. The company gross profit margin is 90.30%. A look on the firm performance, its monthly performance is -3.93% and a quarterly performance of 28.49%. The stock price is moving down from its 20 days moving average with -1.81% and isolated positively from 50 days moving average with 3.51%.
The stock has received ratings from many brokerage firms according to ZACKS. Currently shares have been rated as “Buy” from “3” brokerage firms and “1” brokerage firms say as “Strong Buy”. “0” brokerage firms have suggested “Sell” for the company. “0” brokerage firms have recommended as a “Hold”. Strong Sell rating was given by “1.44” brokerage firms. The Company has average brokerage recommendation (ABR) of “0” based on consensus of the ZACKS brokerage firms.