<div id="readability-page-1"><p>Lighthouse Investment Partners LLC lifted its position in shares of  Occidental Petroleum Co. (NYSE:OXY - Free Report) by 18.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 36,967 shares of the oil and gas producer's stock after purchasing an additional 5,717 shares during the period. Lighthouse Investment Partners LLC's holdings in Occidental Petroleum were worth $1,827,000 at the end of the most recent reporting period.</p><div><p><span></span><span>Get <strong>Occidental Petroleum</strong> alerts:</span></p></div><ul><li>OXY Stock Rebound Begins Following Solid Earnings Beat</li></ul><p>Several other institutional investors have also modified their holdings of OXY. Ethic Inc. lifted its position in  Occidental Petroleum by 229.2% in the fourth quarter. Ethic Inc. now owns 11,663 shares of the oil and gas producer's stock valued at $576,000 after acquiring an additional 8,120 shares during the last quarter.  Fairholme Capital Management LLC acquired a new position in shares of  Occidental Petroleum during the fourth quarter worth about $445,000.  EP Wealth Advisors LLC increased its stake in shares of  Occidental Petroleum by 80.7% during the fourth quarter. EP Wealth Advisors LLC now owns 22,868 shares of the oil and gas producer's stock worth $1,130,000 after acquiring an additional 10,213 shares during the period.  Collar Capital Management LLC acquired a new position in  Occidental Petroleum during the fourth quarter worth about $776,000.  Finally, Crestline Management LP acquired a new position in  Occidental Petroleum during the fourth quarter worth about $733,000. 88.70% of the stock is owned by hedge funds and other institutional investors. </p><h2>Wall Street Analyst Weigh In</h2><p>Several brokerages have weighed in on OXY. Barclays upped their target price on shares of Occidental Petroleum from $46.00 to $48.00 and gave the stock an &#34;equal weight&#34; rating in a research report on Thursday, May 8th. The Goldman Sachs Group downgraded shares of Occidental Petroleum from a &#34;neutral&#34; rating to a &#34;sell&#34; rating and reduced their price objective for the company from $54.00 to $45.00 in a research note on Friday, January 31st. Wells Fargo &amp; Company reduced their price objective on shares of Occidental Petroleum from $49.00 to $42.00 and set an &#34;equal weight&#34; rating on the stock in a research note on Monday, April 21st. Hsbc Global Res raised shares of Occidental Petroleum to a &#34;hold&#34; rating in a research note on Wednesday, April 16th. Finally, Morgan Stanley  set a $58.00 price target on shares of Occidental Petroleum and gave the stock an &#34;overweight&#34; rating in a research note on Wednesday, March 26th. Three research analysts have rated the stock with a sell rating, fourteen have given a hold rating and five have issued  a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of &#34;Hold&#34; and an average target price of $53.48.</p><ul><li>Occidental’s Hidden Gem: How OxyChem Could Boost Profits</li></ul><p><b>Get Our Latest Analysis on Occidental Petroleum</b></p><h2>Occidental Petroleum Trading Up 1.2%</h2><p>NYSE OXY opened at $44.40 on Wednesday. Occidental Petroleum Co. has a 12 month low of $34.79 and a 12 month high of $64.76. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.95 and a quick ratio of 0.76. The company has a market capitalization of $43.70 billion, a price-to-earnings ratio of 18.20 and a beta of 0.81. The company's fifty day moving average price is $42.90 and its two-hundred day moving average price is $47.12. </p><ul><li>Occidental Petroleum: Unpacking Its Onshore Oil &amp; Gas Strength</li></ul><p>Occidental Petroleum (NYSE:OXY - Get Free Report) last posted its quarterly earnings results on Wednesday, May 7th. The oil and gas producer reported $0.87 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.74 by $0.13. Occidental Petroleum had a net margin of 11.37% and a return on equity of 16.33%. The company had revenue of $6.80 billion for the quarter, compared to the consensus estimate of $6.97 billion. During the same period last year, the firm posted $0.63 EPS. The company's revenue for the quarter was up 13.9% on a year-over-year basis.  As a group, research analysts predict that  Occidental Petroleum Co. will post 3.58 earnings per share for the current fiscal year. </p><h2>Occidental Petroleum Announces Dividend</h2><p>The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Tuesday, June 10th will be given a $0.24 dividend. The ex-dividend date is Tuesday, June 10th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.16%. Occidental Petroleum's payout ratio is currently 39.02%. </p><h2>Occidental Petroleum Profile</h2> (Free Report)<p>Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States, the Middle East, and North Africa. It operates through three segments: Oil and Gas, Chemical, and Midstream and Marketing. The company's Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Occidental Petroleum</li><li>How to Invest in Tech Stocks and Top Tech Stocks to Consider</li><li>NVIDIA Stock Surges on Bullish News: How High Could It Climb?</li><li>Dividend Screener: How to Evaluate Dividend Stocks Before Buying</li><li>Why Boeing May Be Ready to Take Off After Latest Developments</li><li>Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index</li><li>eBay Nears Big Breakout: Time to Buy the Under-the-Radar Winner?</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU9YWQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU9YWQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Occidental Petroleum Right Now?</h2><p>Before you consider Occidental Petroleum, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Occidental Petroleum wasn't on the list.</p><p>While Occidental Petroleum currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Lighthouse Investment Partners LLC increased its stake in Occidental Petroleum Co. (NYSE:OXY) by 18.3% in Q4, owning 36,967 shares valued at $1.83 million. Other institutional investors also raised their positions. Analysts have mixed ratings on OXY, with Barclays raising the target price to $48, while Goldman Sachs downgraded it to $45. The stock opened at $44.40, with a 12-month range of $34.79 to $64.76. Occidental reported Q1 EPS of $0.87, exceeding estimates, and declared a quarterly dividend of $0.24, payable on July 15.</p>

Occidental Petroleum Co. (NYSE:OXY) Shares Acquired by Lighthouse Investment Partners LLC