Saturday, 3 October 2015

Daniel buys OXY 68.79: Shares of the company traded at a PE ratio of 22.20. Gulfport Energy Corp.'s shares have declined 16.47% in the last one month, 25.23% in the previous three months and 29.28% on YTD basis.

Additionally, the stock has plummeted 91.62% since the beginning of 2015. The company's shares are trading below their 50-day and 200-day moving averages by 51.48% and 87.95%, respectively. Over the last one month and the previous three months, Penn Virginia Corp.'s shares have declined 39.80% and 88.24%, respectively. The company is trading 7.57% and 14.20% below its 50-day and 200-day moving averages, respectively. Additionally, the stock has plummeted 18.67% since the start of this year. Over the last one month and the previous three months, Occidental Petroleum Corp.'s shares have lost 8.83% and 16.85%, respectively.


Elease:
The Permian Resource base has more than 20 years of inventory at $60 per barrel of oil.

Florencia:
Over the past 10 years, the company has changed its strategy to better match its portfolio and macro-environment.

Sunni:
Marathon Oil, Devon Energy, EOG Resources and Occidental Petroleum received Buy ratings from 53%, 70%, 67%, and 51.6% of analysts covering the stock.

Adrienne:
Deutsche Bank research analyst Ryan Todd stated that as commodity prices return to normal, and major companies get set to reduce their capital expenditure budget by 20%, there is increased uncertainty around the growth outlook of the lower 48 states.

Tenisha:
With these things happening, these companies are now more focused on cost of maintaining or growing production as well as on capital efficiency.

Dawne:
Deutsche Bank notified that current commodity prices are gradually settling in, and major exploration and production (E&P) companies are moving toward a more cash neutral operating expenditure environment next year.

Tyisha:
Investors are paid a small 0.6% dividend.

Joane:
It should be noted that hedge fund gurus Steve Cohen and George Soros initiated sizable new position in the company recently.

Eugenia:
Cimarex has a diversified base of high-quality production and attractive drilling opportunities, and it should be closing on a huge oil and gas asset sale soon.

Quinn:
It intends to profitably grow reserves and production through a balanced mix of exploration, exploitation and acquisitions.

Occidental Petroleum Corp. (NYSE:OXY)
//stockhand.net/us/?q=nyse%3Aoxy&id=665445

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