Occidental Petroleum Corporation (OXY)
| Market Cap | 55.29B |
| Revenue (ttm) | 27.67B |
| Net Income (ttm) | 3.51B |
| Shares Out | 886.64M |
| EPS (ttm) | 3.65 |
| PE Ratio | 17.08 |
| Forward PE | 15.18 |
| Dividend | $0.88 (1.41%) |
| Ex-Dividend Date | Jun 10, 2024 |
| Volume | 6,502,952 |
| Open | 63.44 |
| Previous Close | 62.88 |
| Day's Range | 61.82 - 63.52 |
| 52-Week Range | 55.12 - 71.19 |
| Beta | 1.61 |
| Analysts | Buy |
| Price Target | 72.83 (+16.79%) |
| Earnings Date | Jul 31, 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]
Financial Performance
In 2023, OXY's revenue was $28.92 billion, a decrease of -22.04% compared to the previous year's $37.10 billion. Earnings were $3.77 billion, a decrease of -69.83%.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for OXY stock is "Buy." The 12-month stock price forecast is $72.83, which is an increase of 16.79% from the latest price.
News
Occidental to Announce Second Quarter Results Wednesday, August 7, 2024; Hold Conference Call Thursday, August 8, 2024
HOUSTON, July 02, 2024 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) will announce its second quarter 2024 financial results after close of market on Wednesday, August 7, 2024, and will hold a conference...
3 Stocks To Buy As Oil Prices Collapse, OPEC Panics
The numbers are in, and they do all the talking.
Occidental Shares Have Been Flat In 2024 But Warren Buffett Just Keeps Buying
If you had bought shares in Occidental Petroleum in June last year, the company's share price was lurking just south of the $60 mark at around $57. Twelve months down the road, the price is currently ...
Warren Buffett's Berkshire Hathaway Boosts Occidental Petroleum Stake to Almost 29%
Shares of Occidental Petroleum (OXY) edged higher Tuesday as Warren Buffett's Berkshire Hathaway (BRK.A, BRK.B) bought up even more of the stock, boosting its stake in the energy firm to almost 29%.
Occidental Petroleum stock: Why is it declining despite Berkshire's continuous buying?
Warren Buffett's Berkshire Hathaway has been on a buying spree, accumulating shares of Occidental Petroleum (NYSE: OXY). Over the past month alone, Berkshire has invested a staggering $434.82 million ...
Berkshire Hathaway boosts stake in Occidental Petroleum
Berkshire Hathaway (BRK-B, BRK-A) has boosted its stake in Occidental Petroleum (OXY) again. The conglomerate now has a 29% stake in the oil giant.
Warren Buffett buys Occidental shares for 9 straight days, pushes his stake to nearly 29%
The Omaha, Nebraska-based conglomerate purchased Occidental shares every trading day from June 5 to Monday.
Berkshire Hathaway boosts stake in Occidental Petroleum to nearly 29%
Billionaire Warren Buffett's Berkshire Hathaway Inc acquired another 2.95 million shares in Occidental Petroleum , a regulatory filing showed, bringing his stake in the U.S. oil producer's common stoc...
Berkshire Buys More Occidental Stock; Holds 29% Stake Worth Over $15 Billion
Berkshire Hathaway CEO Warren Buffett appears to be taking advantage of the weakness in energy stocks to boost his holding.
Occidental Low Carbon Ventures and TAE Technologies Explore Fusion Energy for Direct Air Capture Facilities
HOUSTON, June 11, 2024 (GLOBE NEWSWIRE) -- Oxy Low Carbon Ventures (OLCV), a subsidiary of Occidental (NYSE: OXY), and TAE Technologies, a global leader in fusion energy development, today announced t...
Occidental Petroleum Stock in Focus After Berkshire Boosts Stake in Energy Company
Shares in Occidental Petroleum (OXY) are in focus Monday after a regulatory filing released late Friday revealed that Warren Buffett's Berkshire Hathaway (BRK.B) has added to its sizable stake in the ...
Berkshire Just Upped Its Stake in Occidental Petroleum
Warren Buffett's firm is the largest shareholder in the energy company.
Berkshire buys additional 2.57 mln shares in Occidental Petroleum, filing shows
Warren Buffett's Berkshire Hathaway bought around 2.57 million shares of common stock in Occidental Petroleum over June 5-7, according to a U.S. securities filing.
Berkshire Hathaway Could Buy More Occidental Stock After a Recent Slump
With Occidental Petroleum shares below $60 again, Warren Buffett's firm could add to its stake, although Buffett has said he isn't interested in buying the company.
Occidental Petroleum, Berkshire Hathaway form JV to extract lithium
Occidental Petroleum said on Tuesday it had entered into a joint venture with Berkshire Hathaway's energy unit to extract lithium.
PERMIAN WATER RECYCLING FACILITY EXCEEDS 50 MILLION BARRELS TREATED AND REUSED
HOUSTON , May 20, 2024 /PRNewswire/ -- Select Water Solutions, Inc. (NYSE: WTTR) ("Select" or the "Company"), a leading provider of sustainable water and chemical solutions to the energy industry, tod...
Occidental says CrownRock deal could close by August
Occidental Petroleum Chief Executive Vicki Hollub on Wednesday said the company hopes to close the acquisition of shale oil producer CrownRock before the second-quarter earnings call, which typically ...
Occidental Petroleum beats quarterly profit estimates on higher oil prices
Occidental Petroleum beat estimates for first-quarter profit on Tuesday as the oil-and-gas firm benefited from higher oil prices.
Occidental Announces First Quarter 2024 Results
HOUSTON, May 07, 2024 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced its first quarter 2024 financial results. The earnings release and accompanying financial schedules can be accessed via...
Disney, Uber, Occidental, Palantir, Airbnb, and More to Watch
Earnings season continues with results from BioNTech, Palantir, Ferrari, NRG Energy, Occidental, Walt Disney, and more.
Occidental Announces Dividend
HOUSTON, May 01, 2024 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) announced today that its Board of Directors declared a regular quarterly dividend of $0.22 per share on common stock, payable on July 1...
XOM, CVX, OXY: Where Are Energy Stocks Headed?
Truist has a buy rating on Exxon Mobil (XOM) and Occidental Petroleum (OXY). Neal Dingmann discusses energy stocks.
Occidental to Announce First Quarter Results Tuesday, May 7, 2024; Hold Conference Call Wednesday, May 8, 2024
HOUSTON, April 02, 2024 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) will announce its first quarter 2024 financial results after close of market on Tuesday, May 7, 2024, and will hold a conference call...
Energy stocks rise after crude oil prices touch five-month highs
Francisco Blanch, BofA Securities head of global commodity and derivatives research, joins 'The Exchange' to discuss what's driving energy prices, geopolitical impacts on energy supply and demand, and...