Occidental Petroleum Corporation (OXY)
| Market Cap | 41.17B |
| Revenue (ttm) | 27.55B |
| Net Income (ttm) | 2.46B |
| Shares Out | 984.13M |
| EPS (ttm) | 2.47 |
| PE Ratio | 16.98 |
| Forward PE | 16.84 |
| Dividend | $0.96 (2.29%) |
| Ex-Dividend Date | Jun 10, 2025 |
| Volume | 5,118,837 |
| Open | 42.28 |
| Previous Close | 41.91 |
| Day's Range | 41.70 - 42.32 |
| 52-Week Range | 34.79 - 64.76 |
| Beta | 0.85 |
| Analysts | Hold |
| Price Target | 51.06 (+22.07%) |
| 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 $51.06, which is an increase of 22.07% from the latest price.
News
Occidental Vs. Chevron: Buffett Bought Both, But Which Is Better For You?
Occidental and Chevron are two excellent but very different oil companies. Chevron is an excellent dividend/total return stock, while OXY should provide capital gains as well. OXY is somewhat misdescr...
Buffett's May DiviDogs Tag Ally As A "Safer" Buy
Berkshire Hathaway's latest moves include doubling down on Constellation Brands and increasing stakes in Domino's Pizza, Pool, and Sirius XM, while dropping Citigroup, DaVita, and Nu Holdings. Top Ber...
Occidental Petroleum: Why This Could Be A Treasury Alternative
Occidental Petroleum stands out with its Permian Basin dominance, global diversification, and leadership in low-carbon technology, making it a compelling energy investment. OXY's operational efficienc...
Historic Buying Opportunity: 5-7% Yields With Big Buybacks And Deep Discounts To NAV
Being able to buy high-yield, high-buyback stocks with solid balance sheets at deep discounts to NAV is extremely rare. However, there are several opportunities like this in today's market. I share tw...
Forget About Dividend Yield, Do This Instead
Focus on dividend sustainability and business quality, not just high yield, to build reliable passive income. Avoid overexposure to cyclical sectors; prioritize companies with resilient dividends thro...
Occidental Petroleum: Why Warren Buffett Kept Buying
Warren Buffett's Berkshire Hathaway continues to accumulate Occidental Petroleum (OXY) shares, now holding over 28% of its outstanding shares. This signals Buffett's strong confidence in the company's...
Occidental and ADNOC's XRG Agree to Evaluate Joint Venture to Develop South Texas Direct Air Capture Hub
HOUSTON, May 16, 2025 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) and its subsidiary 1PointFive today announced an agreement with XRG, ADNOC's investment company, to evaluate a potential joint venture ...
Occidental: Cash Inflection Coming, But Is It Enough
Occidental's 2025 plan shows rig reductions are driven by efficiency, not production cuts, with volumes maintained and well costs declining. Despite improved free cash flow prospects from non-oil proj...
This Warren Buffett Stock to Own Forever Is a Buy Today
Buffett expects to own some stocks indefinitely—and one of those stocks looks cheap today.
Occidental Petroleum: What Buffett May Know That Surprised The Market
Occidental Petroleum reported strong Q1 results. Acquisitions are made to improve results. However, benefits may take time to materialize. Effective management sets and often exceeds goals.
10% Yields Every Retiree Should Own
These 10% yielders combine safety, growth, and big upside potential—perfect for living off dividends in retirement. Both are fully covering their dividends with cash flow and trade at attractive valua...
Occidental Petroleum Corporation, Inc. (OXY) Q1 2025 Earnings Call Transcript
Occidental Petroleum Corporation, Inc. (NYSE:OXY) Q1 2025 Earnings Conference Call May 8, 2025 1:00 PM ET Company Participants Jordan Tanner - VP, IR Vicki Hollub - President, CEO & Director Sunil Ma...
Warren Buffett's successor is 'slightly bullish' for Occidental
Oil drillers Occidental Petroleum and ConocoPhillips both beat first quarter estimates, but only one may be better positioned for what's coming next. Hedgeye Risk Management energy analyst Fernando Va...
Occidental Petroleum's Q1 Proves It's A Cash Flow King
Occidental Petroleum's Q1 results show strong cash flow and earnings, with EPS beating expectations and a stable dividend, despite weaker commodity prices. OXY's production increased significantly, dr...
Occidental Announces First Quarter 2025 Results
HOUSTON, May 07, 2025 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced its first quarter 2025 financial results. The earnings release and accompanying financial schedules can be accessed via...
Occidental Announces Dividend
HOUSTON, May 01, 2025 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) announced today that its Board of Directors declared a regular quarterly dividend of $0.24 per share on common stock, payable on July 1...
Warren Buffett's April DiviDogs Tag One Buy In 15 'Safer'
Berkshire Hathaway's Q4 additions include Constellation Brands, while increasing stakes in Occidental Petroleum, Domino's Pizza, and Pool, reflecting Buffett's strategic growth and value investments. ...
Occidental Petroleum: The LCV Headwinds Give An Attractive Entry
I maintain a "Buy" rating on Occidental Petroleum (OXY) due to its operational efficiency, successful CrownRock integration, and strong FCF generation despite recent stock price declines. OXY's FY2024...
Occidental Petroleum: $65 Oil Price Won't Last
The selloff on OXY since my last writing was overdone for several reasons. The sharp drop in oil prices (currently around $65 only) is unlikely to sustain, creating a large bias for OXY's earning pros...
DOGE Comes for Clean Energy, Putting Exxon and Occidental Projects at Risk
Thousands of Energy Department jobs are expected to be eliminated as Trump goes after a favorite target.
Algeria's Sonatrach, Occidental Petroleum sign MOUs on hydrocarbon cooperation
Algerian energy firm Sonatrach signed two memorandums of understanding (MOU) with U.S. shale company Occidental Petroleum to expand cooperation in hydrocarbon exploration and production in Algeria, So...
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...