NYSE: OXY · Real-Time Price · USD
56.07
+0.31 (0.56%)
Oct 7, 2024, 11:45 AM EDT - Market open
0.56% (1D)
| Market Cap | 52.44B |
| Revenue (ttm) | 27.12B |
| Net Income (ttm) | 3.87B |
| Shares Out | 935.18M |
| EPS (ttm) | 4.06 |
| PE Ratio | 13.81 |
| Forward PE | 15.35 |
| Dividend | $0.88 (1.57%) |
| Ex-Dividend Date | Sep 10, 2024 |
| Volume | 5,434,171 |
| Open | 55.98 |
| Previous Close | 55.76 |
| Day's Range | 55.66 - 56.49 |
| 52-Week Range | 49.75 - 71.19 |
| Beta | 1.60 |
| Analysts | Hold |
| Price Target | 67.27 (+19.97%) |
| Earnings Date | Nov 12, 2024 |
About OXY
Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States, the Middle East, and North Africa. It operates through three segments: Oil and Gas, Chemical, and Midstream and Marketing. The company’s Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. Its Chemical segment manufactures and markets basic chemicals, including chlorine, caustic soda, chlorinated organics, p... [Read more]
Industry
Sector Energy
Founded 1920
Employees 12,570
Stock Exchange NYSE
Ticker Symbol OXY
Website https://www.oxy.com
Full Company Profile
Financial Performance
In 2023, Occidental Petroleum's revenue was $28.26 billion, a decrease of -22.87% compared to the previous year's $36.63 billion. Earnings were $3.75 billion, a decrease of -69.81%.
Financial Statements
Analyst Forecast
According to 16 analysts, the average rating for OXY stock is "Hold." The 12-month stock price forecast is $67.27, which is an increase of 19.97% from the latest price.
Price Target
$67.27
(19.97% upside)
Analyst Consensus: Hold
Stock Forecasts
News
Occidental and Humana Are on the Casualty List
October 7, 2024 (Maple Hill Syndicate) –- “I can only buy on train wrecks,” famed money manager John Neffonce said.
Other symbols: HUM
22 minutes ago - GuruFocus
Is Occidental Petroleum Corp (OXY) Set to Underperform? Analyzing the Factors Limiting Growth
Long-established in the Oil & Gas industry, Occidental Petroleum Corp (OXY, Financial) has enjoyed a stellar reputation. It has recently witnessed a daily gain of 0.23%, juxtaposed with a three-month ...
43 minutes ago - GuruFocus
Occidental Petroleum: Buy The Dip For Potential Price Appreciation
In my last bullish update, I stated that OXY was still undervalued despite some clear risks tied to the recent CrownRock acquisition and turbulence on the O&G market. From what I can see today, I thin...
4 hours ago - Seeking Alpha
Big Oil Urges Trump Not to Gut Biden's Climate Law
Oil companies try to persuade the former president and his Republican allies not to slash provisions of the Inflation Reduction Act potentially worth billions.
Other symbols: PSXXOM
21 hours ago - WSJ
Is Occidental Petroleum Corp (OXY) Set to Underperform? Analyzing the Factors Limiting Growth
Long-established in the Oil & Gas industry, Occidental Petroleum Corp (OXY, Financial) has enjoyed a stellar reputation. It has recently witnessed a daily gain of 0.68%, juxtaposed with a three-month ...
3 days ago - GuruFocus
Time To Buy 2 September Berkshire DiviDogs And Watch 6 More
This Berkshire/Buffett holdings from Kiplinger first appeared on 8/16/24 on BKH's SEC-Form13F. Kiplinger, YCharts, and Dogs-of-The-Dow all track this BRK batch. Here is your update from 9/30/24 YChart...
Other symbols: ALLYBACCCOFCVXDEOJEF
4 days ago - Seeking Alpha
Time to Buy? These 3 Stocks Are Trading at 52-Week Lows
When navigating a changing business cycle, such as today's triggered by the Federal Reserve (the Fed) cutting interest rates, investors should focus on fundamentals and keeping a risk-to-reward profil...
Other symbols: BAFDX
4 days ago - Benzinga
Energy Stocks Rise as Oil Jumps on Middle East Tensions
Shares of energy giants, including ExxonMobil (XOM) and Chevron (CVX), are extending gains in premarket trading Wednesday as worries of a broader Middle East conflict lift oil prices.
Other symbols: COPCVXXOM
5 days ago - Investopedia
Bargain Dividends: 3 Of The Most Attractive Picks On The Market
Despite high market valuations, opportunities still exist for dividend investors. Sectors left behind offer value and income potential for long-term growth. Energy stocks stand out with attractive val...
Other symbols: EBAYMPLX
5 days ago - Seeking Alpha
Occidental to Announce Third Quarter Results Tuesday, November 12, 2024; Hold Conference Call Wednesday, November 13, 2024
HOUSTON, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) will announce its third quarter 2024 financial results after close of market on Tuesday, November 12, 2024, and will hold a conference...
5 days ago - GlobeNewsWire
Occidental Petroleum: $500 Million For Lower Carbon Venture
Occidental Petroleum's South Texas Direct Air Capture Hub aims to capture carbon dioxide. Secondary recovery could enhance oil and gas production for decades to come while storing carbon dioxide perma...
5 days ago - Seeking Alpha
Occidental Petroleum: Strong Growth Value
Occidental Petroleum is a well-managed energy firm with significant production upside, strong free cash flow, and a recent acquisition boosting its Permian Basin output. The company is using excess ca...
10 days ago - Seeking Alpha
A Rare High-Yield Buying Opportunity
The high-yield sector has soared recently. However, one sector has lagged behind significantly despite having very strong underlying fundamentals. This creates a rare high-yield buying opportunity.
Other symbols: AMLPDIVEPDETGELMPLXSCHD
12 days ago - Seeking Alpha
Occidental: With Buffett Or Not, Buy The Dip
Occidental Petroleum's recent stock dip makes it a compelling "Buy", especially given robust earnings and strong operational performance despite market turbulence. The CrownRock acquisition is expecte...
13 days ago - Seeking Alpha
Why Energy Stocks Are The Ultimate Undervalued Dividend Play Right Now
U.S. oil production has surged since 2008, making the country a top energy producer. Political shifts could affect future output, but growth is likely to slow. Producers now prioritize profitability o...
Other symbols: CNQCVXDVNFANGLBTPLVNOM
19 days ago - Seeking Alpha
Big oil companies defeat US consumer lawsuit over production, prices
Several oil companies including Exxon Mobil and Chevron on Monday defeated an appeal by consumers who accused them of colluding with former President Donald Trump's administration, Russia and Saudi Ar...
Other symbols: CVXDVNETPSXXOM
20 days ago - Reuters
Occidental Petroleum: Stay Calm And Continue Buying
Occidental Petroleum stock has weakened considerably as it lost the $55 support zone. The lack of recent purchases from Warren Buffett didn't help matters, as OXY's bullish thesis was threatened. Occi...
22 days ago - Seeking Alpha
KKM Financial CEO on Chubb, Occidental, Ulta Beauty, Apple, and Berkshire Hathaway
Jeff Kilburg, KKM Financial founder and CEO, joins CNBC's ‘The Exchange' to discuss his moves on these stocks: Chubb, Occidental, Ulta Beauty, Apple and Berkshire Hathaway.
Other symbols: AAPLCBULTA
23 days ago - CNBC Television
Has OXY Finally Hit The Bottom?
OXY trades at ~$51, with a target of $60, reflecting an 18% upside, anchored by Fibonacci resistance levels. An RSI of 27.46 signals oversold conditions, potentially undervaluing OXY; no immediate rev...
24 days ago - Seeking Alpha
Occidental Petroleum: I'd Be A Buyer Here
Occidental Petroleum recently declined to multi-year lows when oil prices fell below $70. Current oil prices are the lowest seen since 2021. Most signs (output, demand and others) indicate that if a r...
24 days ago - Seeking Alpha
Occidental Petroleum: Shares Beaten Down, Offer A Compelling Value
Despite weak momentum and bearish technicals, I maintain a buy rating on Occidental Petroleum due to strong fundamentals, high cash flow, and favorable earnings outlook. OXY's Q2 results beat expectat...
24 days ago - Seeking Alpha
Occidental's 1PointFive secures funding of up to $500 mln from US DOE
Occidental Petroleum's carbon capture and sequestration unit 1PointFive said on Thursday that the U.S. Department of Energy's Office of Clean Energy Demonstrations has committed up to $500 million to ...
24 days ago - Reuters
1PointFive's South Texas Direct Air Capture Hub Awarded U.S. Department of Energy Funding
HOUSTON, Sept. 12, 2024 (GLOBE NEWSWIRE) -- 1PointFive, a wholly owned subsidiary of Occidental, announced today that the U.S. Department of Energy's Office of Clean Energy Demonstrations (OCED) will ...
24 days ago - GlobeNewsWire
Occidental (OXY): Warren Buffett's top oil stock gets oversold
Occidental Petroleum (NYSE: OXY) stock price is falling apart. It has crashed in the last four consecutive weeks, moving to its lowest level since April 2022.
4 weeks ago - Invezz
Will Buffett's 'put' on oil firm Occidental halt share drop?
Shares in U.S. oil producer Occidental Petroleum fell to $56.17 on Tuesday, below a level that has routinely triggered purchases by its biggest holder, billionaire investor Warren Buffett's Berkshire ...
6 weeks ago - Reuters
