Occidental Petroleum Corporation (OXY)

NYSE
Currency in USD
39.02
-0.69(-1.74%)
Closed·
Pre Market
39.62+0.60(+1.53%)
·
OXY Scorecard
Full Analysis
Has raised its dividend for 3 consecutive years
Earnings results expected in 15 days
Fair Value
Day's Range
38.3639.10
52 wk Range
34.7868.43
Key Statistics
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Prev. Close
39.02
Open
39.1
Day's Range
38.36-39.1
52 wk Range
34.78-68.43
Volume
8.49M
Average Volume (3m)
13.36M
1-Year Change
-41.44%
Book Value / Share
27.57
Fair Value
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Fair Value Upside
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OXY Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
50.37
Upside
+29.10%
Members' Sentiments
Bearish
Bullish
ProTips
10 analysts have revised their earnings upwards for the upcoming period
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Occidental Petroleum Corporation Company Profile

Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States and internationally. It operates through 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; and vinyls comprising vinyl chloride monomer, polyvinyl chloride, and ethylene. The Midstream and Marketing segment purchases, markets, gathers, processes, transports and stores oil, condensate, NGLs, natural gas, carbon dioxide, and power. This segment invests in entities. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas.

Industry
Oil & Gas
Sector
Energy
Employees
13323

Occidental Petroleum Corporation SWOT Analysis


Permian Powerplay
Occidental's $12 billion CrownRock acquisition bolsters its Permian Basin presence, promising operational synergies but raising leverage concerns
Debt Dilemma
Explore OXY's ambitious asset sale program targeting $4.5-6 billion, aimed at reducing debt below $15 billion amid increased financial leverage
Market Resilience
Learn how OXY's stock has weathered oil price volatility, with analysts setting price targets ranging from $55 to $73 despite industry challenges
Financial Forecast
Delve into OXY's projected FCF yields of 6-10% for 2024-2026 and EPS estimates of $3.50-$3.90, reflecting its evolving market position and growth potential
Read full SWOT analysis

Occidental Petroleum Corporation Earnings Call Summary for Q1/2024

  • Record production in Oman North; cost reductions in DJ and Powder River Basins; Midstream and OxyChem segments exceed expectations
  • Plans to improve cash flow by $1B+, independent of commodity cycles; CrownRock acquisition to close in Q3; $4.5-6B divestiture program
  • Share repurchases to resume post-debt target; maintaining Permian Basin drilling; confident in oil market and free cash flow generation
  • Q2 operating expenses impacted by Gulf of Mexico production and planned shutdown; pipeline outage in Central Gulf affects costs
  • Ongoing discussions for non-core asset sales; spacing and completion tests in Delaware Basin; strategy to optimize Permian D&C plans
Last Updated: 10/05/2024, 01:36 am
Read Full Transcript

Compare OXY to Peers and Sector

Metrics to compare
OXY
Peers
Sector
Relationship
P/E Ratio
17.2x6.9x4.8x
PEG Ratio
−0.46−0.160.00
Price/Book
1.5x0.9x1.1x
Price / LTM Sales
1.4x1.1x1.0x
Upside (Analyst Target)
34.4%39.9%46.9%
Fair Value Upside
Unlock28.6%13.8%Unlock

Analyst Ratings

8 Buy
18 Hold
2 Sell
Ratings:
28 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 50.37
(+29.10% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 2.44%
Dividend Yield
2.46%
Industry Median 4.07%
Annualised payout
0.96
Paid quarterly
5-Years Growth
-22.46%
Growth Streak

Earnings

Latest Release
Feb 18, 2025
EPS / Forecast
0.80 / 0.73
Revenue / Forecast
6.84B / 6.98B
EPS Revisions
Last 90 days

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FAQ

What Is the Occidental (OXY) Stock Price Today?

The Occidental stock price today is 39.02

What Stock Exchange Does Occidental Trade On?

Occidental is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Occidental?

The stock symbol for Occidental is "OXY."

Does Occidental Pay Dividends? What’s The Current Dividend Yield?

The Occidental dividend yield is 2.46%.

What Is the Occidental Market Cap?

As of today, Occidental market cap is 38.28B.

What is Occidental Earnings Per Share?

The Occidental EPS is 2.44.

What Is the Next Occidental Earnings Date?

Occidental will release its next earnings report on 06 May 2025.

From a Technical Analysis Perspective, Is OXY a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.
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