Occidental Petroleum Corporation (OXY)
| Market Cap | 48.89B |
| Revenue (ttm) | 26.73B |
| Net Income (ttm) | 2.41B |
| Shares Out | 938.50M |
| EPS (ttm) | 2.44 |
| PE Ratio | 23.09 |
| Forward PE | 14.29 |
| Dividend | $0.96 (1.84%) |
| Ex-Dividend Date | Mar 10, 2025 |
| Volume | 12,549,529 |
| Open | 50.99 |
| Previous Close | 50.99 |
| Day's Range | 50.50 - 52.58 |
| 52-Week Range | 45.17 - 71.19 |
| Beta | 1.58 |
| Analysts | Hold |
| Price Target | 60.81 (+16.74%) |
| Earnings Date | Feb 18, 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, 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 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 17 analysts, the average rating for OXY stock is "Hold." The 12-month stock price forecast is $60.81, which is an increase of 16.74% from the latest price.
News
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.
Buffett buys more Occidental, investor cash levels fall: Catalysts
When a stock or cryptocurrency opens at a significantly different price than its previous close, investors face what's known as a "gap" in the market (^DJI, ^IXIC, ^GSPC). These price discontinuities ...
Warren Buffett Keeps Buying Occidental: Will Q4 Earnings Prove Him Right?
Occidental Petroleum Corp OXY will be reporting its fourth-quarter earnings on Tuesday. Wall Street expects 70 cents in EPS and $7.05 billion in revenues as the company reports after market hours.
How To Earn $500 A Month From Occidental Petroleum Stock Ahead Of Q4 Earnings
Occidental Petroleum Corporation OXY will release its fourth-quarter financial results, after the closing bell, on Tuesday, Feb. 18.
Occidental Petroleum Set to Report Earnings Drop. What's Dragging on the Buffett Favorite.
OXY has lost 21% over the past year. Weak crude prices are to blame.
Occidental Petroleum: We Might Have Seen A Bottom Before Q4 Print
I maintain my "Buy" rating on Occidental Petroleum due to its strong production growth and severe undervaluation. I think OXY can easily beat the Q4 consensus on February 18. Despite market pressures,...
Occidental Petroleum: 3 Reasons We Prefer The 7% YTM Bonds For Berkshire's Bet
Occidental Petroleum has disappointed shareholders with acquisitions reducing shareholder returns. The bonds with about 7% YTM do look attractive. We elucidate our rationale.
Walmart, Occidental, Alibaba, and More Stocks to Watch
U.S. stock and bond markets will be closed on Monday for Presidents Day. Then, earnings from Occidental Petroleum, Analog Devices, Alibaba, Booking, Newmont, and Walmart.
The Silent Wealth Killer: My Go-To Dividend Stocks To Beat Inflation
Inflation erodes purchasing power, making it crucial to invest in equities, which historically outperform cash over the long term despite volatility. My thesis is that inflation will stay "higher for ...
Warren Buffett's Berkshire Hathaway Grows Stake in Occidental Petroleum
Warren Buffett's Berkshire Hathaway (BRK.A, BRK.B) purchased 763,017 shares of Occidental Petroleum (OXY) on Friday for $35.7 million, according to a regulatory filing Tuesday.
Warren Buffett's Berkshire buys more Occidental after 30% sell-off from record high
The Omaha, Nebraska-based conglomerate scooped up 763,000 shares of the Houston-based oil and gas producer on Friday for $35.7 million, according to a filing.
We Like Occidental Petroleum -- Goldman Is Just Impatient
Occidental Petroleum Corporation's share price underperformed due to Goldman Sachs' downgrade, citing the company's focus on debt reduction over immediate capital returns to shareholders. Despite weak...