Occidental Petroleum Corporation (NYSE:OXY) traded today at a new 52-week high of $58.77. Approximately 23.3 million shares have changed hands today, as compared to an average 30-day volume of 27.7 million shares.
Occidental Petroleum is an independent exploration and production company with operations in the United States, Latin America, and the Middle East. At the end of 2020, the company reported net proved reserves of 2.9 billion barrels of oil equivalent. Net production averaged 1,306 thousand barrels of oil equivalent per day in 2020 at a ratio of 74% oil and natural gas liquids and 26% natural gas.
Based on a current price of $57.51, Occidental Petroleum Corporation is currently 2.3% above its average consensus analyst price target of $56.21.
In the past 52 weeks, shares of Occidental Petroleum Corporation have traded between a low of $21.62 and a high of $58.77 and is now at $57.51, which is 166% above that low price.
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