Roth MKM Remains a Hold on Occidental Petroleum (OXY)
In a report released today, Leo Mariani from Roth MKM maintained a Hold rating on Occidental Petroleum, with a price target of $45.00.
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According to TipRanks, Mariani is a top 25 analyst with an average return of 35.9% and a 72.84% success rate. Mariani covers the Energy sector, focusing on stocks such as Magnolia Oil & Gas, Sable Offshore, and Murphy Oil.
In addition to Roth MKM, Occidental Petroleum also received a Hold from TipRanks – Anthropic’s Anthropic Oil and Gas Exploration and Production in a report issued today. However, on the same day, Wells Fargo maintained a Buy rating on Occidental Petroleum (NYSE: OXY).
Based on Occidental Petroleum’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $5.01 billion and a net profit of $102 million. In comparison, last year the company earned a revenue of $6.92 billion and had a GAAP net loss of $125 million
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