Occidental Petroleum Corporation (OXY)

NYSE: OXY · Real-Time Price · USD
37.80
-0.10 (-0.26%)
At close: Apr 15, 2025, 4:00 PM
37.67
-0.13 (-0.34%)
After-hours: Apr 15, 2025, 6:51 PM EDT
-0.26%
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]

Sector Energy
Founded 1920
Country United States
Stock Exchange NYSE
Ticker Symbol OXY
Full Company Profile

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 Statements

Analyst 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.

Price Target
$54.5
(44.18% upside)
Analyst Consensus: Hold
Stock Forecasts

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.

Other symbols: COP
1 day ago - Benzinga

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.

6 days ago - Reuters

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...

8 days ago - GlobeNewsWire

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...

13 days ago - GlobeNewsWire

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...

14 days ago - GlobeNewsWire

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...

14 days ago - Seeking Alpha

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 ...

15 days ago - Seeking Alpha

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 ...

16 days ago - Seeking Alpha

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...

16 days ago - Seeking Alpha

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...

16 days ago - Seeking Alpha

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 ...

Other symbols: CNQCVXDVNEOGEXEFANGKRP
17 days ago - Seeking Alpha

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...

Other symbols: DJCOEWJMKLSCHYVYMI
22 days ago - Seeking Alpha

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.

25 days ago - Reuters

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 ...

25 days ago - Business Wire

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.

5 weeks ago - Reuters

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...

5 weeks ago - GlobeNewsWire

Very Bad News For Energy Stocks

Energy stocks are tumbling—find out why the sell-off may not be over yet. What's next for oil prices? These high-yield energy stocks could be massive buying opportunities right now.

5 weeks ago - Seeking Alpha

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...

5 weeks ago - GlobeNewsWire

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...

6 weeks ago - GlobeNewsWire

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...

6 weeks ago - Seeking Alpha

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...

7 weeks ago - Seeking Alpha

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...

Other symbols: ALLYBACCCBCVXDEODPZ
7 weeks ago - Seeking Alpha

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...

7 weeks ago - Seeking Alpha

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...

7 weeks ago - Seeking Alpha

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...

7 weeks ago - Yahoo Finance