Occidental Petroleum Corporation (OXY)

NYSE: OXY · IEX Real-Time Price · USD
65.69
+2.83 (4.50%)
At close: Aug 11, 2022 4:00 PM
65.30
-0.39 (-0.59%)
Pre-market: Aug 12, 2022 7:26 AM EDT
4.50%
Market Cap 61.19B
Revenue (ttm) 34.09B
Net Income (ttm) 10.20B
Shares Out 931.49M
EPS (ttm) 10.17
PE Ratio 6.46
Forward PE 6.18
Dividend $0.28 (0.43%)
Ex-Dividend Date Sep 9, 2022
Volume 21,470,930
Open 64.20
Previous Close 62.86
Day's Range 64.16 - 66.16
52-Week Range 21.62 - 74.04
Beta 1.91
Analysts Buy
Price Target 76.71 (+16.8%)
Earnings Date Aug 2, 2022

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. 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 or... [Read more...]

Industry Oil, Gas & Consumable Fuels
Founded 1920
CEO Vicki Hollub
Employees 11,678
Stock Exchange NYSE
Ticker Symbol OXY
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 30 analysts, the average rating for OXY stock is "Buy." The 12-month stock price forecast is 76.71, which is an increase of 16.78% from the latest price.

Price Target
$76.71
(16.78% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Was Warren Buffett Buying or Selling Last Quarter?

Berkshire Hathaway's Q2 earnings report seemed unremarkable, but it may have also revealed what Buffett thinks about the stock market.

Three Stock Lunch: Expedia, Occidental and Nucor

Quint Tatro, Joule Financial founder, joins 'Power Lunch' to discuss Tatro's investing take on three stocks: Expedia, Occidental and Nucor.

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Buffett Sits on His Hands in 2nd Quarter

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Other symbols: ATVICVXY

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The search for multibagger high-growth stocks is still on, despite what has been a rough year for this grouping in 2022. Indeed, investors have gravitated toward value, rotating out of higher-growth equ...

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Occidental Petroleum stock surges after Warren Buffett's Berkshire Hathaway boosts stake by $390 million

Shares of Occidental Petroleum Corp. OXY, +3.41% rallied 3.6% in afternoon trading Tuesday, enough to pace the S&P 500's SPX, -0.53% energy sector gainers, after the oil and natural gas company disclose...

OXY Stock: Is Warren Buffett's Energy Play A Buy Or A Sell Right Now?

Warren Buffett owns nearly 20% of Occidental Petroleum after a July buying spree. But is it a good investment?

Warren Buffett's Berkshire Hathaway now commands a 20% stake in Occidental Petroleum, after plowing another $390 mill...

The ownership milestone gives Berkshire the option to count some of Occidental's profits as its own, boosting its bottom line.

Buffett's Berkshire buys another fraction of Occidental now owning over 20% of the firm

Another SEC filing released on August 8 showed that Warren Buffett's Berkshire Hathaway (NYSE: BRK.

Berkshire Hathaway boosts Occidental Petroleum stake above 20%

Warren Buffett's Berkshire Hathaway Inc bought more shares of Occidental Petroleum Corp, surpassing the 20% stake where it could record some of the oil company's earnings with its own and potentially ad...

Is Trending Stock Occidental Petroleum Corporation (OXY) a Buy Now?

Zacks.com users have recently been watching Occidental (OXY) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

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Energy companies are printing mountains of money. It makes the recent selloff in oil stocks seem like a no-brainer buying opportunity.

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Are these high-flying Buffett stocks still smart picks to buy now?

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4 Stocks Warren Buffett Can't Stop Buying

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3 Low Price-Sales Ratio Stocks

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Occidental keeps oil production guidance despite Permian reductions

Occidental Petroleum Corp is keeping its total 2022 production guidance at around 1.55 million barrels of oil equivalent per day (boed) despite target reductions in the U.S. Permian basin, Chief Executi...

Warren Buffett Loves Occidental. Should You?

The oil and gas independent has delivered a bonanza to Berkshire Hathaway, but other investors might find better value elsewhere.

Occidental (OXY) Q2 Earnings and Revenues Beat Estimates

Occidental's (OXY) second-quarter earnings gain from solid production volumes and strong commodity prices.

Occidental Petroleum Tops Profit Estimates, Pays Down Debt

The energy company's performance probably pleased its biggest owner, Warren Buffett's Berkshire Hathaway.

Occidental Petroleum (OXY) Q2 Earnings and Revenues Surpass Estimates

Occidental (OXY) delivered earnings and revenue surprises of 7.85% and 10.22%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Occidental Petroleum posts higher quarterly profit

Occidental Petroleum Corp posted a sequential rise in second-quarter profit, as the U.S. shale producer benefited from higher crude prices.

Occidental Announces 2nd Quarter 2022 Results

HOUSTON, Aug. 02, 2022 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced its second quarter 2022 financial results. The announcement and financial schedules can be accessed via the Investor Rel...

Shale Oil Stocks Drop Ahead Of Quarterly Earnings

Shale oil producers will be reporting quarterly results this week, coming on the heels of energy giants Exxon Mobil, Chevron and Shell all posting record profits.

Why Occidental Petroleum (OXY) Might Surprise This Earnings Season

Occidental Petroleum (OXY) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

7 Oil Stocks to Buy on the Dip

Although soaring gasoline prices represented one of the signature pain points of the year so far, the crippling inflation rate has finally seeped into the hydrocarbon energy sector's demand profile, thu...

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