- Engineers Gate Manager LP and various institutional investors recently adjusted their holdings in Occidental Petroleum Corporation, with institutional ownership reaching 88.70%.
- Occidental Petroleum reported strong second-quarter earnings with $2.40 EPS and revenue of $8.06 billion, while also announcing an increased quarterly dividend of $0.28 per share.
- The company maintains a consensus Hold rating from Wall Street analysts with an average target price of $64.96.
- UBS analyst Manav Gupta maintained a buy rating on Phillips 66 with a target price of $ 300.00.
- The company also received a buy rating from Raymond James, while BofA Securities previously maintained a hold rating on September 10.
- These rating updates reflect ongoing Wall Street coverage and evaluation of Phillips 66 within the energy sector.