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Occidental Petroleum (OXY)
NYSE:OXY
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OXY Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$48.42 - $71.19
Previous Close$51.54
Volume7.43M
Average Volume (3M)12.20M
Market Cap
$48.36B
Enterprise Value$74.51B
Total Cash (Recent Filing)$1.76B
Total Debt (Recent Filing)$27.65B
Price to Earnings (P/E)13.4
Beta0.50
Next Earnings
Feb 12, 2025EPS Estimate
$0.75Next Dividend Ex-Date
Dec 10, 2024Dividend Yield1.65%
Share Statistics
EPS (TTM)3.84
Shares Outstanding938,343,042
10 Day Avg. Volume12,822,469
30 Day Avg. Volume12,201,959
Standard Deviation0.19
R-Squared0.20
Alpha0.00617
Financial Highlights & Ratios
Price to Book (P/B)1.81
Price to Sales (P/S)1.75
Price to Cash Flow (P/CF)3.20
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.75
Enterprise Value/Gross Profit12.47
Enterprise Value/Ebitda5.23
Forecast
1Y Price Target
$62.00Price Target Upside19.39% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering19
Occidental Petroleum News
Bulls Say, Bears Say
Bulls Say
Debt ReductionRobust cash flow generation helps achieve debt reduction targets ahead of schedule.
Earnings PerformanceThe 3Q24 results surpassed expectations with a significant earnings and cash flow per share beat driven by higher volumes and lower cash costs.
Production GrowthOccidental Petroleum Corp. raised its Q4 total and Permian production guidance, partly due to outperformance from both legacy OXY and CrownRock assets.
Bears Say
EarningsThe Q3'24 EPS has been reduced mostly due to lower commodity prices and specifically weaker gas realizations.
Financial PerformanceWith the CrownRock acquisition, gearing will increase from current 0.9x to well above 1x.
ValuationUncertainty remains around the commerciality of Occidental Petroleum Corp.'s DAC-1 venture, Stratos, which affects its valuation potential.
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Risk Analysis
Main Risk Category
Macro & PoliticalRisks related to catastrophic events or geopolitical conditions that may disrupt the company’s business
OXY FAQ
What was Occidental Petroleum’s price range in the past 12 months?
Occidental Petroleum lowest stock price was $48.42 and its highest was $71.19 in the past 12 months.
What is Occidental Petroleum’s market cap?
Currently, no data Available
When is Occidental Petroleum’s upcoming earnings report date?
Occidental Petroleum’s upcoming earnings report date is Feb 12, 2025 which is in 81 days.
How were Occidental Petroleum’s earnings last quarter?
Occidental Petroleum released its earnings results on Nov 12, 2024. The company reported $1 earnings per share for the quarter, beating the consensus estimate of $0.742 by $0.258.
Is Occidental Petroleum overvalued?
According to Wall Street analysts Occidental Petroleum’s price is currently Undervalued.
Does Occidental Petroleum pay dividends?
Occidental Petroleum pays a Quarterly dividend of $0.22 which represents an annual dividend yield of 1.65%. See more information on Occidental Petroleum dividends here
What is Occidental Petroleum’s EPS estimate?
Occidental Petroleum’s EPS estimate is $0.75.
How many shares outstanding does Occidental Petroleum have?
Occidental Petroleum has 938,343,000 shares outstanding.
What happened to Occidental Petroleum’s price movement after its last earnings report?
Occidental Petroleum reported an EPS of $1 in its last earnings report, beating expectations of $0.742. Following the earnings report the stock price went up 1.65%.
Which hedge fund is a major shareholder of Occidental Petroleum?
Among the largest hedge funds holding Occidental Petroleum’s share is Berkshire Hathaway Inc. It holds Occidental Petroleum’s shares valued at 13B.
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Occidental Petroleum Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$62.00 (19.39% Upside)
$62.00 (19.39% Upside)
Blogger Sentiment
Bullish
OXY Sentiment 90%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 8.3M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▼ 0.6%
Last 30 Days ▲ 2.3%
Last 30 Days ▲ 2.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-13.90%
12-Months-Change
Fundamentals
Return on Equity
13.06%
Trailing 12-Months
Asset Growth
19.46%
Trailing 12-Months
Company Description
Occidental Petroleum
Occidental Petroleum Corp. engages in the exploration and production of oil and natural gas. It operates through the following 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 and natural gas. The Chemical segment manufactures and markets basic chemicals and vinyls. The Midstream and Marketing segment purchases, markets, gathers, processes, transports and stores oil, condensate, natural gas liquids, natural gas, carbon dioxide, and power. The company was founded in 1920 and is headquartered in Houston, TX.
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OXY Company Deck
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OXY Earnings Call
Q3 2024
0:00 / 0:00
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OXY Stock 12 Month Forecast
Average Price Target
$62.00
▲(19.39% Upside)
Technical Analysis
Best Analysts Covering OXY
1 Year
1 Year Success Rate
12/19 ratings generated profit
1 Year Average Return
+25.73%
reiterated a buy rating 2 days ago
Copying John Freeman's trades and holding each position for 1 Year would result in 63.16% of your transactions generating a profit, with an average return of +25.73% per trade.
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