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Occidental Petroleum (OXY)
NYSE:OXY
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OXY Stock Chart & Stats
Day’s Range― - ―
52-Week Range$45.17 - $71.19
Previous CloseN/A
Volume3.29M
Average Volume (3M)12.01M
Market Cap
$49.08B
Enterprise Value$84.71B
Total Cash (Recent Filing)$2.23B
Total Debt (Recent Filing)$9.82B
Price to Earnings (P/E)13.7
Beta0.40
Next Earnings
Feb 18, 2025EPS Estimate
0.7Last Dividend Ex-Date
Dec 10, 2024Dividend Yield1.67%
Share Statistics
EPS (TTM)3.84
Shares Outstanding938,343,000
10 Day Avg. Volume9,593,484
30 Day Avg. Volume12,008,773
Standard Deviation0.19
R-Squared0.20
Alpha0.00633
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.81
Price to Cash Flow (P/CF)3.30
P/FCF Ratio0.00
Enterprise Value/Market Cap1.73
Enterprise Value/Revenue3.12
Enterprise Value/Gross Profit14.18
Enterprise Value/Ebitda5.95
Forecast
1Y Price Target
$60.95Price Target Upside17.28% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering20
Occidental Petroleum News
Bulls Say, Bears Say
Bulls Say
Cash Flow Generation3Q24 free cash flow was significantly above expectations, indicating strong cash generation capability.
Debt ReductionOccidental Petroleum succeeded in repaying more debt than anticipated, reaching nearly 90% of its near-term deleveraging target.
Production PerformanceOccidental Petroleum Corp. raised its Q4 total and Permian production guidance, partly due to outperformance from both legacy OXY and CrownRock assets.
Bears Say
Financial PerformanceOXY remains over-leveraged compared to its peers.
Production ForecastThe guidance for 4Q24 included a lower oil production forecast due to reduced output in the Gulf of Mexico and higher than expected overhead expenses.
ValuationUncertainty remains around the commerciality of Occidental Petroleum Corp.'s DAC-1 venture, Stratos, which affects its valuation potential.
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Ownership Overview
28.47% Insiders
17.11% Mutual Funds
0.56% Other Institutional Investors
39.35% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Macro & PoliticalRisks related to catastrophic events or geopolitical conditions that may disrupt the company’s business
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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OXY FAQ
What was Occidental Petroleum’s price range in the past 12 months?
Occidental Petroleum lowest stock price was $45.17 and its highest was $71.19 in the past 12 months.
What is Occidental Petroleum’s market cap?
Occidental Petroleum’s market cap is $49.08B.
When is Occidental Petroleum’s upcoming earnings report date?
Occidental Petroleum’s upcoming earnings report date is Feb 18, 2025 which is in 30 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 $0.876 which represents an annual dividend yield of 1.67%. See more information on Occidental Petroleum dividends here
What is Occidental Petroleum’s EPS estimate?
Occidental Petroleum’s EPS estimate is 0.7.
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 1.658%.
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:
$60.95 (17.28% Upside)
$60.95 (17.28% Upside)
Blogger Sentiment
Bullish
OXY Sentiment 88%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Increased
By 8.3M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $409.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.9%
Last 30 Days ▲ 1.6%
Last 30 Days ▲ 1.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-6.06%
12-Months-Change
Fundamentals
Return on Equity
12.63%
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
Earnings Call Sentiment|Positive
The earnings call reflected strong operational performance and strategic progress, particularly in production achievements, successful asset integration, and significant debt reduction. However, challenges related to weather impacts, commodity price volatility, and changes in oil mix were noted as concerns.Read More>---
OXY Stock 12 Month Forecast
Average Price Target
$60.95
▲(17.28% Upside)
Technical Analysis
Best Analysts Covering OXY
1 Year
1 Year Success Rate
13/20 ratings generated profit
1 Year Average Return
+24.48%
reiterated a buy rating 2 months ago
Copying John Freeman's trades and holding each position for 1 Year would result in 65.00% of your transactions generating a profit, with an average return of +24.48% per trade.
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