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Telemark Asset Management Has Decreased Pioneer Nat Res Co (PXD) Stake By $20.58 Million; Occidental Petroleum (OXY) SI Increased By 12.9%

Telemark Asset Management Llc decreased Pioneer Nat Res Co (PXD) stake by 70% reported in 2017Q3 SEC filing. Telemark Asset Management Llc sold 140,000 shares as Pioneer Nat Res Co (PXD)’s stock declined 8.01%. The Telemark Asset Management Llc holds 60,000 shares with $8.85M value, down from 200,000 last quarter. Pioneer Nat Res Co now has $31.12 billion valuation. The stock decreased 0.80% or $1.48 during the last trading session, reaching $182.9. About 423,697 shares traded. Pioneer Natural Resources Company (NYSE:PXD) has risen 8.46% since January 19, 2017 and is uptrending. It has underperformed by 8.24% the S&P500.

Occidental Petroleum Corporation (NYSE:OXY) had an increase of 12.9% in short interest. OXY’s SI was 10.13 million shares in January as released by FINRA. Its up 12.9% from 8.97M shares previously. With 4.52M avg volume, 2 days are for Occidental Petroleum Corporation (NYSE:OXY)’s short sellers to cover OXY’s short positions. The SI to Occidental Petroleum Corporation’s float is 1.33%. The stock increased 0.11% or $0.085 during the last trading session, reaching $75.475. About 1.07M shares traded. Occidental Petroleum Corporation (NYSE:OXY) has declined 18.97% since January 19, 2017 and is downtrending. It has underperformed by 35.67% the S&P500.

Occidental Petroleum Corporation engages in the acquisition, exploration, and development of gas and oil properties in the United States and internationally. The company has market cap of $57.76 billion. The firm operates in three divisions: Oil and Gas, Chemical, and Midstream and Marketing. It has a 107.21 P/E ratio. The Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids , and natural gas.

Among 21 analysts covering Occidental Petroleum Corporation (NYSE:OXY), 4 have Buy rating, 2 Sell and 15 Hold. Therefore 19% are positive. Occidental Petroleum Corporation had 78 analyst reports since August 3, 2015 according to SRatingsIntel. The stock of Occidental Petroleum Corporation (NYSE:OXY) has “Sector Perform” rating given on Thursday, October 29 by RBC Capital Markets. The rating was downgraded by Bank of America on Thursday, January 4 to “Neutral”. The firm earned “Hold” rating on Monday, November 6 by BMO Capital Markets. The stock of Occidental Petroleum Corporation (NYSE:OXY) earned “Equal-Weight” rating by Morgan Stanley on Wednesday, October 18. The firm earned “Outperform” rating on Tuesday, March 14 by Credit Suisse. The rating was upgraded by Bank of America to “Buy” on Wednesday, March 15. Mizuho initiated the stock with “Buy” rating in Thursday, October 6 report. Mizuho maintained Occidental Petroleum Corporation (NYSE:OXY) rating on Tuesday, November 21. Mizuho has “Hold” rating and $71.0 target. The firm has “Underweight” rating by JP Morgan given on Monday, September 12. Barclays Capital maintained the stock with “Underweight” rating in Wednesday, October 11 report.

Investors sentiment decreased to 0.89 in Q3 2017. Its down 0.06, from 0.95 in 2017Q2. It is negative, as 59 investors sold Occidental Petroleum Corporation shares while 338 reduced holdings. 89 funds opened positions while 264 raised stakes. 602.00 million shares or 0.86% less from 607.21 million shares in 2017Q2 were reported. First Pacific Advisors Ltd Co accumulated 0.38% or 777,980 shares. Capital Ww Investors has invested 0.05% in Occidental Petroleum Corporation (NYSE:OXY). 28,900 are held by Payden & Rygel. 5,331 were reported by Checchi Capital Advisers Llc. Pennsylvania-based Peoples Services has invested 0.3% in Occidental Petroleum Corporation (NYSE:OXY). Adams Asset Advsr Ltd Co reported 55.14% stake. The Colorado-based Cambiar Investors Ltd Liability has invested 1% in Occidental Petroleum Corporation (NYSE:OXY). Texas Permanent School Fund has invested 0.17% in Occidental Petroleum Corporation (NYSE:OXY). Tiedemann Wealth Mngmt Ltd Liability Company, a New York-based fund reported 21,952 shares. Sei Invs stated it has 547,443 shares. Los Angeles Capital Mngmt & Equity Research Inc reported 0.06% of its portfolio in Occidental Petroleum Corporation (NYSE:OXY). Genesee Valley holds 0.22% of its portfolio in Occidental Petroleum Corporation (NYSE:OXY) for 8,484 shares. Carnegie Capital Asset Mngmt Limited Liability Com reported 5,208 shares or 0.04% of all its holdings. Wells Fargo Co Mn stated it has 3.62M shares. Korea Inv has invested 0.06% in Occidental Petroleum Corporation (NYSE:OXY).

Since September 11, 2017, it had 0 buys, and 5 insider sales for $941,910 activity. Shares for $114,835 were sold by Fairbrook Teresa A. BERG MARK STEPHEN had sold 2,000 shares worth $315,700 on Thursday, December 14. On Tuesday, December 12 DOVE TIMOTHY L sold $159,505 worth of Pioneer Natural Resources Company (NYSE:PXD) or 1,000 shares. Another trade for 200 shares valued at $31,870 was sold by Grillot Larry R.. 2,000 shares were sold by Hopkins Frank E, worth $320,000.

Investors sentiment decreased to 1.03 in Q3 2017. Its down 0.07, from 1.1 in 2017Q2. It dropped, as 78 investors sold PXD shares while 197 reduced holdings. 73 funds opened positions while 209 raised stakes. 151.85 million shares or 0.71% less from 152.94 million shares in 2017Q2 were reported. Luminus Mgmt Ltd Liability Corp accumulated 41,300 shares. California Employees Retirement Systems invested in 348,898 shares. Advisory Ntwk Ltd Llc has invested 0% in Pioneer Natural Resources Company (NYSE:PXD). Prelude Ltd Limited Liability Company reported 0.05% in Pioneer Natural Resources Company (NYSE:PXD). American Intll Grp Inc invested in 0.03% or 59,104 shares. Advantage Inc holds 0.01% or 52 shares in its portfolio. Petrus Tru Lta holds 0.06% of its portfolio in Pioneer Natural Resources Company (NYSE:PXD) for 1,755 shares. Texan Capital accumulated 18,933 shares. Factory Mutual Comm owns 224,600 shares or 0.36% of their US portfolio. South State owns 1,400 shares. Texas-based Engy Opportunities Mgmt Ltd has invested 2.3% in Pioneer Natural Resources Company (NYSE:PXD). 235,097 are owned by Raymond James & Associates. Folger Nolan Fleming Douglas Capital Mngmt Inc holds 0.03% in Pioneer Natural Resources Company (NYSE:PXD) or 1,600 shares. Tower Rech (Trc) invested 0.01% of its portfolio in Pioneer Natural Resources Company (NYSE:PXD). Bluemountain Capital Llc has invested 0% in Pioneer Natural Resources Company (NYSE:PXD).

Analysts await Pioneer Natural Resources Company (NYSE:PXD) to report earnings on February, 6 after the close. They expect $0.66 earnings per share, up 34.69% or $0.17 from last year’s $0.49 per share. PXD’s profit will be $112.31M for 69.28 P/E if the $0.66 EPS becomes a reality. After $0.48 actual earnings per share reported by Pioneer Natural Resources Company for the previous quarter, Wall Street now forecasts 37.50% EPS growth.

Among 37 analysts covering Pioneer Natural Resources (NYSE:PXD), 33 have Buy rating, 1 Sell and 3 Hold. Therefore 89% are positive. Pioneer Natural Resources had 133 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Outperform” rating on Wednesday, January 6 by RBC Capital Markets. Credit Suisse maintained the stock with “Buy” rating in Thursday, August 3 report. The rating was downgraded by Wells Fargo to “Market Perform” on Wednesday, August 2. As per Tuesday, October 10, the company rating was maintained by BMO Capital Markets. Piper Jaffray maintained Pioneer Natural Resources Company (NYSE:PXD) rating on Sunday, August 13. Piper Jaffray has “Buy” rating and $22900 target. As per Friday, May 5, the company rating was maintained by Williams Capital Group. The firm has “Outperform” rating by RBC Capital Markets given on Friday, January 27. The firm has “Buy” rating given on Tuesday, October 13 by Topeka Capital Markets. The stock of Pioneer Natural Resources Company (NYSE:PXD) earned “Buy” rating by Topeka Capital Markets on Thursday, February 11. The firm has “Overweight” rating by Barclays Capital given on Thursday, September 1.

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