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Occidental Petroleum Corporation (OXY)

NYSE: OXY · IEX Real-Time Price · USD
33.93 1.13 (3.45%)
Oct 22, 2021 4:00 PM EDT - Market closed
Market Cap30.74B
Revenue (ttm)18.12B
Net Income (ttm)-5.53B
Shares Out933.42M
EPS (ttm)-5.93
PE Ration/a
Forward PE52.63
Dividend$0.04 (0.12%)
Ex-Dividend DateSep 9, 2021
Volume15,000,933
Open32.94
Previous Close32.80
Day's Range32.77 - 33.97
52-Week Range8.51 - 34.57
Beta2.34
AnalystsHold
Price Target37.96 (+11.9%)
Est. Earnings DateNov 4, 2021

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, Africa, and Latin America. The company operates through three segments: Oil and Gas, Chemical, and Marketing and Midstream. 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, chlor...

IndustryOil, Gas & Consumable Fuels
Founded1920
CEOVicki Hollub
Employees11,800
Stock ExchangeNYSE
Ticker SymbolOXY
Full Company Profile

Financial Performance

In 2020, OXY's revenue was $16.26 billion, a decrease of -25.24% compared to the previous year's $21.75 billion. Losses were -$14.83 billion, 2,123.5% more than in 2019.

Financial Statements

Analyst Forecast

According to 26 analysts, the average rating for OXY stock is "Hold." The 12-month stock price forecast is 37.96, which is an increase of 11.88% from the latest price.

Price Target
$37.96
(11.88% upside)
Analyst Consensus: Hold

News

These 7 High-Upside Stocks Belong in Your Portfolio

High-upside stocks are always hot favorites of value investors. Currently, there are several such enterprises trading at great discounts.

20 hours ago - InvestorPlace

Bullish EIA Data Lends Additional Buoyancy to the Oil Market

A supportive macro backdrop and robust fundamentals have helped the likes of DVN, MRO, FANG, APA, OXY, COP and EOG notch up healthy year-to-date gains.

Other symbols:APACOPDVNEOGFANGMRO
2 days ago - Zacks Investment Research

Chevron's Net-Zero Goal & Occidental's Ghana Sale Dominate Oil & Gas Stock Roundup

Apart from Chevron (CVX) and Occidental Petroleum (OXY), there was news from Transocean (RIG), Cheniere Energy (LNG) and TechnipFMC (FTI) during the week.

Other symbols:CVX
3 days ago - Zacks Investment Research

Occidental (OXY) Announces Asset Sale, Meets Divestiture Goal

Occidental Petroleum (OXY) meets the $10B non-core assets divestiture goal with the agreement to sell interests in two offshore Ghana fields for $750 million.

4 days ago - Zacks Investment Research

Can Occidental (OXY) Run Higher on Rising Earnings Estimates?

Occidental (OXY) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

4 days ago - Zacks Investment Research

Why Occidental Petroleum Shares Are Rising

Occidental Petroleum Corporation (NYSE: OXY) shares are trading higher by 4.9% at $33.20 after Truist Securities upgraded the stock from Hold to Buy and announced a $50 price target. Some energy stocks ...

4 days ago - Benzinga

Occidental Petroleum Announces Ghana Asset Sale: What Investors Need To Know

Occidental Petroleum Corporation (NYSE:OXY) announced on Wednesday afternoon a major asset sale analysts say has helped improve the company's near-term financial outlook and has the stock positioned to ...

1 week ago - Benzinga

Has Occidental Petroleum (OXY) Outpaced Other Oils-Energy Stocks This Year?

Is (OXY) Outperforming Other Oils-Energy Stocks This Year?

1 week ago - Zacks Investment Research

Occidental Announces Sale of Ghana Assets for $750 Million

HOUSTON, Oct. 13, 2021 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced it has agreed to sell its interests in two Ghana offshore fields for $750 million to Kosmos Energy ($550 million) and Gh...

1 week ago - GlobeNewsWire

5 Carl Icahn Energy Stocks With High Year-to-Date Gains

In light of U.S. crude oil prices hitting a new year-to-date high, five energy holdings in Carl Icahn (Trades, Portfolio)'s equity portfolio with high returns are Occidental Petroleum Corp. ( OXY , Fina...

Other symbols:CVIDKLNGSD
1 week ago - GuruFocus

Occidental to Announce Third Quarter Results Thursday, November 4, 2021; Hold Conference Call Friday, November 5, 2021

HOUSTON, Oct. 07, 2021 (GLOBE NEWSWIRE) -- Occidental (NYSE:OXY) will announce its third quarter 2021 financial results after close of market on Thursday, November 4, 2021, and will hold a conference ca...

2 weeks ago - GlobeNewsWire

Making Sense of EIA's Latest Weekly Crude Inventory Report

Despite some temporary hiccups, oil prices are supported by improving fundamentals. This has helped the likes of DVN, MRO, FANG, OXY, COP and EOG notch up healthy year-to-date gains.

Other symbols:COPDVNEOGFANGMRO
2 weeks ago - Zacks Investment Research

Carl Icahn: The Tech Investor That Missed Out

Carl Icahn (Trades, Portfolio) was one of the most successful investors of the last century. Unlike many other Wall Street elites, Icahn, who grew up in Queens, could not tap wealthy family members and ...

Other symbols:AAPLCVIIEPLNGNFLXPYPL
2 weeks ago - GuruFocus

Here's How Much You Would Have Made Owning Occidental Petroleum Stock In The Last 20 Years

Occidental Petroleum (NYSE:OXY) has outperformed the market over the past 90 days by 8.24%, generating a 6.55% return for its investors over the time period. Now, given this information, it may seem lik...

2 weeks ago - Benzinga

Energy Prices Are Soaring: Why a Reprieve Isn't Coming Anytime Soon

We should get used to high prices for natural gas and gasoline over the next few years.

Other symbols:DVNFANGMROXOM
2 weeks ago - The Motley Fool

Oil Rally Takes a Breather Amid Rising Supplies on All Fronts

Despite some temporary hiccups, oil prices are supported by improving fundamentals. This has helped the likes of DVN, MRO, FANG, OXY, COP and EOG notch up healthy year-to-date gains.

Other symbols:COPDVNEOGFANGMRO
3 weeks ago - Zacks Investment Research

The options play in oil and gold

"Halftime Report" trader Pete Najarian spots unusual activity in the options market

Other symbols:GDX
3 weeks ago - CNBC Television

5 US Integrated Oil Stocks to Gain as Fuel Demand Explodes

The surge in oil and natural gas prices reflects the gradual recovery of the energy business from the coronavirus pandemic-induced slump. OXY, HES, MRO, DTM & PHX are well positioned to make the most of...

Other symbols:DTMHESMROPHX
3 weeks ago - Zacks Investment Research

Go Big Or Go Home: Katie Stockton's Best Ideas for Q4

Fairlead Strategies founder and managing partner Katie Stockton discusses some of her best investment ideas right now, including some consumer stocks that are advancing from oversold territory.

Other symbols:CAGDISHMA
3 weeks ago - CNBC Television

The Pandemic Crushed These 2 Stocks. They're Bouncing Back Monday

The market was mixed to start the new week.

Other symbols:CCL
3 weeks ago - The Motley Fool

Here's Why Oil Jumped 2.5% and Drove Energy Stocks Higher

A bullish EIA report had oil stocks APA Corporation (APA), Devon Energy (DVN), Diamondback Energy (FANG), Marathon Oil (MRO), Hess Corporation (HES), Occidental Petroleum (OXY) and ConocoPhillips (COP) ...

Other symbols:APACOPDVNFANGHESMRO
1 month ago - Zacks Investment Research

Oil Names Surge on EIA Inventory Report, Demand Optimism

A bullish EIA report had oil stocks EOG Resources (EOG), Diamondback Energy (FANG), Marathon Oil (MRO), Devon Energy (DVN), APA Corporation (APA) and Occidental Petroleum (OXY) all trading significantly...

Other symbols:APADVNEOGFANGMRO
1 month ago - Zacks Investment Research

Earnings Estimates Moving Higher for Occidental (OXY): Time to Buy?

Occidental (OXY) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

1 month ago - Zacks Investment Research

Has Occidental Petroleum (OXY) Outpaced Other Oils-Energy Stocks This Year?

Is (OXY) Outperforming Other Oils-Energy Stocks This Year?

1 month ago - Zacks Investment Research

These 4 Stocks Are Netting Warren Buffett a Combined $3.1 Billion in Annual Dividend Income

More than half of Berkshire Hathaway's dividend payouts are generated from four holdings.

Other symbols:AAPLBACKO
1 month ago - The Motley Fool