Occidental Petroleum Corporation (OXY)
| Market Cap | 45.84B |
| Revenue (ttm) | 26.73B |
| Net Income (ttm) | 2.41B |
| Shares Out | 939.18M |
| EPS (ttm) | 2.44 |
| PE Ratio | 19.97 |
| Forward PE | 14.20 |
| Dividend | $0.96 (1.97%) |
| Ex-Dividend Date | Mar 10, 2025 |
| Volume | 5,697,743 |
| Open | 48.36 |
| Previous Close | 47.92 |
| Day's Range | 48.30 - 49.29 |
| 52-Week Range | 44.70 - 71.19 |
| Beta | 1.54 |
| Analysts | Hold |
| Price Target | 58.82 (+20.52%) |
| Earnings Date | May 6, 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 18 analysts, the average rating for OXY stock is "Hold." The 12-month stock price forecast is $58.82, which is an increase of 20.52% from the latest price.
News
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...
Occidental reports mixed Q4 results, analyst says 'pretty good'
While crude oil prices (CL=F, BZ=F) get buoyed slightly higher Wednesday morning, energy giant Occidental Petroleum (OXY) reported mixed fourth quarter earnings results: beating adjusted earnings esti...
Occidental Petroleum Posts Q4 Earnings Beat, Here's A 'Glaring Negative'
Shares of Occidental Petroleum Corp OXY climbed in trading on Wednesday, despite a revenue miss in the fourth quarter.
The More It Drops, The More Buffett And I Buy
Buffett and I are both doubling down on a sector that has lagged the market recently. This sector is filled with stocks that trade at deep discounts with strong balance sheets and rising dividends. He...
Occidental Petroleum: Making Cost Progress
Warren Buffett's continued investment in Occidental Petroleum highlights its bargain status. Despite declining oil prices, Occidental's cash flow remained stable. Rising natural gas prices and increas...
Bill Ackman's HHH bid, Occidental vs. Diamondback: Asking for a Trend
Julie Hyman takes a closer look at the top stories on Wall Street after the closing bell on Asking for a Trend. Howard Hughes Holdings (HHH) stock is in focus after Bill Ackman announced a proposal to...
Why Occidental and Devon stock are 'attractive' energy stocks: Portfolio Manager
Tortoise Senior Portfolio Manager & Managing Director Rob Thummel joins Asking for a Trend to analyze the oil and gas sector, as Occidental (OXY) stock declines while Diamondback Energy (FANG) gains f...
Berkshire Keeps Buying Occidental Petroleum, But I Prefer Enterprise Products Partners
I'm bullish on energy stocks overall due to my view of compressed oil prices and the potential of policy tailwinds. For OXY and EPD, their latest insider activities provide another support for a bulli...
Occidental Petroleum reports fourth-quarter loss
Occidental Petroleum reported a fourth-quarter loss on Tuesday, as the oil and gas firm was hurt by lower prices.
Occidental Announces Further Progress on Debt Reduction
HOUSTON, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced it achieved its near-term debt repayment target of $4.5 billion in the fourth quarter of 2024 and signed two agreement...
Occidental Announces Fourth Quarter 2024 Results
HOUSTON , Feb. 18, 2025 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced its fourth quarter 2024 financial results. The earnings release and accompanying financial schedules can be accessed ...
Top Wall Street Forecasters Revamp Occidental Petroleum Price Expectations Ahead Of Q4 Earnings
Occidental Petroleum Corporation OXY will release its fourth-quarter financial results, after the closing bell, on Tuesday, Feb. 18, 2025.