Stocks That Fell to Three-Year Lows in the Week of June 30

- By Shuda Xia

Occidental Petroleum Corp. (OXY), Korea Electric Power Corp. (KEP), Nielsen Holdings PLC (NLSN) and Tractor Supply Co. (TSCO) have declined to their three-year lows.

Occidental Petroleum Corp. (OXY) declined to $59.87

The prices of Occidental Petroleum Corp. (OXY) shares have declined to $59.87 on June 30, which is only 4.5% above the three-year low of $57.20.


Occidental Petroleum Corporation is an American international oil and gas exploration and production company. It has operations in the U.S., the Middle East and Latin America. In 2015, it was the 16th largest gas producer and third largest oil producer in Texas.

Occidental Petroleum Corp. has a market cap of $45.78 billion; its shares were traded around $59.87 with and P/S ratio of 4.12. The trailing 12-month dividend yield of Occidental Petroleum Corp. stocks is 5.06%. The forward dividend yield of Occidental Petroleum Corp. stocks is 5.08%.

On June 19, Occidental Petroleum Corp announced that it has agreed to a number of purchase and sale transactions in the Permian Basin. On a combined basis, these transactions require no net cash outlay and add approximately 3,500 barrels of oil equivalent per day to the company's net production. Furthermore, the company has reduced its Permian Resources position by 13,000 net acres, divesting non-strategic acreage in Andrews, Martin, and Pecos counties.

Korea Electric Power Corp. (KEP) declined to $17.97

The prices of Korea Electric Power Corp. (KEP) shares have declined to $17.97 on June 30, which is only 3.4% above the three-year low of $17.36.

Korea Electric Power Corp. is the largest electric utility company in South Korea, responsible for the generation, transmission and distribution of electricity and the development of electric power projects in fields such as nuclear power, wind power and coal power. Furthermore, the company is responsible for 93% of South Korea's electricity generation.

Korea Electric Power Corp. has a market cap of $22.84 billion; its shares were traded around $17.97 with a P/E ratio of 4.5 and P/S ratio of 0.45. Korea Electric Power Corp. had an annual average earnings growth of 11.2% over the past 10 years.

On May 8 Korea Electric Power Corp released first quarter 2017 fiscal results. The company had a net operating income of KRW 1.46 trillion and an operating revenue of KRW 15.15 trillion, down 3.4% compared to first quarter 2016. The company also recorded a power volume increase of 18.4%.