Occidental Petroleum Corporation (OXY)
Market Cap | 37.08B |
Revenue (ttm) | 26.73B |
Net Income (ttm) | 2.41B |
Shares Out | 981.07M |
EPS (ttm) | 2.44 |
PE Ratio | 15.46 |
Forward PE | 11.80 |
Dividend | $0.96 (2.54%) |
Ex-Dividend Date | Mar 10, 2025 |
Volume | 9,345,275 |
Open | 37.70 |
Previous Close | 37.90 |
Day's Range | 37.68 - 38.62 |
52-Week Range | 34.78 - 68.43 |
Beta | 1.03 |
Analysts | Hold |
Price Target | 54.50 (+44.18%) |
Earnings Date | May 7, 2025 |
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 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, ethyl... [Read more]
Financial Performance
In 2024, Occidental Petroleum's revenue was $26.73 billion, a decrease of -5.42% compared to the previous year's $28.26 billion. Earnings were $2.41 billion, a decrease of -35.79%.
Financial StatementsAnalyst Forecast
According to 19 analysts, the average rating for OXY stock is "Hold." The 12-month stock price forecast is $54.5, which is an increase of 44.18% from the latest price.
News

ConocoPhillips Vs. Occidental: Both Ride The Oil Wave, Only One Is Shaping The Tide
JPMorgan's Arun Jayaram isn't sitting on the fence regarding oil giants jockeying for investor attention. He's got a clear favorite, and it's not Occidental Petroleum Corp OXY.

Occidental Petroleum says it realized higher prices for oil in Q1
U.S. shale firm Occidental Petroleum said on Wednesday the prices it received for oil produced during the first quarter were higher than in the preceding three months.

Occidental and 1PointFive Secure Class VI Permits for STRATOS Direct Air Capture Facility
HOUSTON, April 07, 2025 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) and its subsidiary 1PointFive today announced that the U.S Environmental Protection Agency approved its Class VI permits to sequester...

Occidental to Announce First Quarter Results Wednesday, May 7, 2025; Hold Conference Call Thursday, May 8, 2025
HOUSTON, April 02, 2025 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) will announce its first quarter 2025 financial results after close of market on Wednesday, May 7, 2025, and will hold a conference ca...

Occidental Announces Results of Offer to Exercise Warrants at a Temporarily Reduced Price
HOUSTON, April 01, 2025 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced the results of its offer to exercise Occidental's outstanding publicly traded warrants (the “Warrants”) at a tempora...

Occidental Petroleum: Beating Buffett At His Own Game
Warren Buffett's investment in Occidental Petroleum highlights his strategy of buying undervalued stocks. Industry uncertainty and potential low oil prices may lead to reduced production. Despite curr...

Occidental Petroleum: Nearly Fully Valued Here, Macro Events Imply Further Corrections
OXY is almost fully valued despite the recent pullback as the stock loses its Warren Buffett premium, triggering its mixed prospects attributed to macro/ sector uncertainties. This is worsened by the ...

Occidental Petroleum: The Fundamentals Give It A Buy Rating
I give Occidental Petroleum Corporation a Buy rating. The company has an impressive free annual cash flow and high-quality earnings. Using a DCF model, the intrinsic value of Occidental is $65.04 per ...

Occidental Petroleum: Shares Finding Their Footing, Reiterate Buy
Energy sector leads YTD S&P 500 performance; XLE up 300% over five years, showing resilience amid geopolitical risks and inflation. Occidental Petroleum (OXY) remains a buy; attractive valuation, high...

Occidental Petroleum: I'd Buy The Crash
Occidental Petroleum stock crashed 22.5% over the last 12 months, underperforming its sector. Despite the stock's lower price, Occidental continues generating healthy profits, with high margins and re...

Buy, Baby, Buy: My 12 Favorite Energy Stocks For What's Next
Energy stocks are proving their strength, outperforming the market despite oil price stagnation. Structural shifts, deglobalization, and inflation favor long-term upside. Shale growth is slowing, and ...

How To Invest $100,000 In A Buffett-Inspired Dividend Portfolio
Berkshire Hathaway has increased its stakes in five major Japanese trading houses, nearing the 10% ownership threshold. Warren Buffett's annual letter revealed that these trading houses have agreed to...

Occidental Petroleum sells DJ Basin mineral position to Elk Range Royalties
Occidental Petroleum on Friday closed the sale of its mineral and royalty rights, spanning nearly 250,000 acres in the Denver-Julesburg (DJ) Basin in Colorado, to Elk Range Royalties for $905 million.

Elk Range Royalties Closes Landmark DJ Basin Acquisition and Launches Elk Range Royalties III
DALLAS--(BUSINESS WIRE)--Elk Range Royalties ("Elk Range") is excited to announce a landmark acquisition of a significant mineral and royalty position spanning approximately 250,000 net royalty acres ...

CERAWEEK Occidental Petroleum sees oil U.S. oil output peaking in next five years
U.S. oil production will peak between 2027 and 2030, Occidental Petroleum Corp chief executive officer Vicki Hollub said on Tuesday at the CERAWeek conference in Houston, Texas.

Trends & Strategies Shaping the $6.83 Billion Sodium Silicate Industry, 2029 - Featuring PG Corp., Qemetica, Nippon Chemical Industrial Co., Occidental Petroleum Corp., Tokuyama Corp. & More
Dublin, March 11, 2025 (GLOBE NEWSWIRE) -- The "Sodium Silicate Market by Form (Liquid, Solid), Application (Detergent & Cleaning Agents, Precipitated Silica, Pulp & Paper, Water Treatment, Other Appl...

Liverpool FC and 1PointFive Announce Product Collaboration for Merchandise Using Direct Air Capture Technology
HOUSTON, March 06, 2025 (GLOBE NEWSWIRE) -- Liverpool Football Club (LFC) and 1PointFive, a U.S.-based carbon capture, utilization and sequestration company, today announced a new pioneering collabora...

Occidental Announces Offer to Exercise Warrants at a Temporarily Reduced Price
HOUSTON, March 03, 2025 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced an offer to exercise its outstanding publicly traded warrants (the “Warrants”) at a temporarily reduced price (the “O...

Occidental Petroleum's Weakness Is Your Opportunity
Occidental Petroleum's 2024 performance showcased record U.S. oil production, reduced operating expenses, and strong free cash flow, enhancing shareholder returns and balance sheet health. The company...

Occidental Petroleum: Carbon Capture Is Where It's At
Warren Buffett's significant investment in Occidental Petroleum highlights its strong market position and potential for growth, especially in domestic energy production. OXY's diverse operations, incl...

Warren Buffett's 38 Dog Berkshire February Report
This Berkshire/Buffett holdings-list from Kiplinger first appeared 12/31/24 on BKH's SEC Form13F. Kiplinger, YCharts, and Dogs-of-The-Dow all track this BRK batch. Here is your update from 2/19/25 YCh...

Occidental Petroleum: Building Momentum Into 2025 (Rating Upgrade)
Oxy's Q4 delivered a solid 11% beat on EPS and record US production, continuing strong recent momentum. Unit LOE continues to improve with Q4 LOE/boe, down 6% q/q and almost 30% vs its Q4 23 peak, yet...

Occidental Petroleum Corporation (OXY) Q4 2024 Earnings Conference Call Transcript
Occidental Petroleum Corporation (NYSE:OXY) Q4 2024 Earnings Conference Call February 19, 2025 1:00 PM ET Company Participants Jordan Tanner - VP, IR Vicki Hollub - President & CEO Sunil Mathew - SVP...
Trump's new 25% tariffs, Occidental Petroleum earnings: Morning Brief
Brad Smith and Madison Mills sit down with top economic and market experts to dive deeper into the top stories impacting investors on today's Morning Brief. Lopez Research founder Maribel Lopez discus...