Occidental Petroleum Corporation (OXY) traded within a range of $72.22 to $73.26 after opening the day at $73.21. The company has seen its stock increase in value by 11.69% so far this year. The stock was down close to -1.32% on light volume in last trading session and closed at $72.47 per share. After the recent fall, the stock is currently holding -5.96% below its 52 week high of $78.48 and 29.66% above its 12-month low of $58.24. The shares are up by over 3.92% in the last three months, and the RSI indicator value of 57.82 is neither bullish nor bearish, tempting investors to stay on the sidelines.
Occidental Petroleum Corporation engages in the acquisition, exploration, and development of oil and gas properties in the United States and internationally. The company operates in three segments: Oil and Gas, Chemical, and Midstream and Marketing. The Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. The Chemical segment manufactures and markets basic chemicals, including chlorine, caustic soda, chlorinated organics, potassium chemicals, ethylene dichloride, chlorinated isocyanurates, sodium silicates, and calcium chloride; vinyls comprising vinyl chloride monomer and polyvinyl chloride; and other chemicals, such as resorcinol. The Midstream and Marketing segment gathers, processes, transports, stores, purchases, and markets oil, condensate, NGLs, natural gas, carbon dioxide, and power. This segment also trades around its assets consisting of transportation and storage capacity, as well as oil, NGLs, gas, and other commodities. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas.
Time Warner Inc. (TWX) managed to rebound with the stock climbing 0.3% or $0.28 to close the day at $95.08 on light trading volume of 3.45M shares, compared to its three month average trading volume of 6.77M. The New York New York 10019 based company has been outperforming the entertainment – diversified group over the past 52 weeks, with the stock gaining 52.88%, compared to the industry which has advanced 14.34% over the same period. With RSI of 68.42, the stock should still continue to rise and get closer to its one year target estimate of $102.34, making it a hold for now.
Time Warner Inc. operates as a media and entertainment company in the United States and internationally. It operates through three segments: Turner, Home Box Office, and Warner Bros. The Turner segment owns and operates a portfolio of cable television networks and related properties that offer entertainment, sports, kids, and news programming on television and digital platforms for consumers. It operates approximately 180 channels in 200 countries. The Turner segment’s networks and related properties include TNT, TBS, Adult Swim, truTV, Turner Classic Movies, Turner Sports, Cartoon Network, Boomerang, CNN, and HLN; and digital media properties comprise bleacherreport.com, NBA.com, NBA Mobile, NCAA.com, PGA.com, tntdrama.com, TBS.com, adultswim.com, and cartoonnetwork.com. It also licenses original programming to subscription-video-on-demand (SVOD) services and other over-the-top services, and its brands and characters for consumer products other business ventures. This segment serves cable system operators, satellite service distributors, telephone companies, and other distributors. The Home Box Office segment provides premium pay and basic tier television services comprising HBO and Cinemax; sells its original programming through physical and digital formats; and licenses home entertainment and content to international television networks and SVOD services. As of December 31, 2015, this segment had 49 million domestic subscribers. The Warner Bros. segment produces, distributes, and licenses television programming and feature films; distributes digital and physical home entertainment products; and produces and distributes videogames, as well as licenses consumer products and brands. The company was formerly known as AOL Time Warner, Inc. and changed its name to Time Warner Inc. in 2003. Time Warner Inc. was founded in 1985 and is headquartered in New York, New York.
The Home Depot, Inc. (HD) gained $0.33 to close the day at a new closing price of $135.44, a 0.24% increase in value from its previous closing price that moved the stock 26.18% above its 52 week low of $109.62. A total of 3.45M shares exchanged hands during the day compared with its three month average trading volume of 5.47M. The stock, which fluctuated between $134.79 and $136.5 during the day, currently situated -1.54% below its 52 week high. The stock is up by 5.61% in the past one month and up by 7.36% over the past three months. With a one year target estimate of $146.8 and RSI of 65.91, the stock still has upside potential, making it a hold for now.
The Home Depot, Inc. operates as a home improvement retailer. It operates The Home Depot stores that sell various building materials, home improvement products, and lawn and garden products, as well as provide installation, home maintenance, and professional service programs to do-it-yourself, do-it-for-me (DIFM), and professional customers. The company offers installation programs that include flooring, cabinets, countertops, water heaters, and sheds; and professional installation in various categories sold through its in-home sales programs, such as roofing, siding, windows, cabinet refacing, furnaces, and central air systems, as well as acts as a contractor to provide installation services to its DIFM customers through third-party installers. It primarily serves home owners; and renovators/remodelers, general contractors, repairmen, installers, small business owners, and tradesmen. The company also sells its products through online. As of December 31, 2015, it had 2,274 stores, including 1,977 in the United States, 182 in Canada, and 115 in Mexico. The Home Depot, Inc. was founded in 1978 and is based in Atlanta, Georgia.