Occidental Petroleum Corporation (OXY)
| Market Cap | 43.21B |
| Revenue (ttm) | 27.55B |
| Net Income (ttm) | 2.47B |
| Shares Out | 984.13M |
| EPS (ttm) | 2.47 |
| PE Ratio | 17.79 |
| Forward PE | 17.82 |
| Dividend | $0.96 (2.19%) |
| Ex-Dividend Date | Jun 10, 2025 |
| Volume | 13,198,486 |
| Open | 44.12 |
| Previous Close | 42.16 |
| Day's Range | 43.71 - 44.93 |
| 52-Week Range | 34.78 - 64.76 |
| Beta | 0.81 |
| Analysts | Hold |
| Price Target | 52.11 (+18.68%) |
| 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 $52.11, which is an increase of 18.68% from the latest price.
News
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...
Occidental Announces Results of Offer to Exercise Warrants at a Temporarily Reduced Price
HOUSTON, April 01, 2025 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced the results of its offer to exercise Occidental's outstanding publicly traded warrants (the “Warrants”) at a tempora...
Occidental Petroleum: Beating Buffett At His Own Game
Warren Buffett's investment in Occidental Petroleum highlights his strategy of buying undervalued stocks. Industry uncertainty and potential low oil prices may lead to reduced production. Despite curr...
Occidental Petroleum: Nearly Fully Valued Here, Macro Events Imply Further Corrections
OXY is almost fully valued despite the recent pullback as the stock loses its Warren Buffett premium, triggering its mixed prospects attributed to macro/ sector uncertainties. This is worsened by the ...
Occidental Petroleum: The Fundamentals Give It A Buy Rating
I give Occidental Petroleum Corporation a Buy rating. The company has an impressive free annual cash flow and high-quality earnings. Using a DCF model, the intrinsic value of Occidental is $65.04 per ...
Occidental Petroleum: Shares Finding Their Footing, Reiterate Buy
Energy sector leads YTD S&P 500 performance; XLE up 300% over five years, showing resilience amid geopolitical risks and inflation. Occidental Petroleum (OXY) remains a buy; attractive valuation, high...
Occidental Petroleum: I'd Buy The Crash
Occidental Petroleum stock crashed 22.5% over the last 12 months, underperforming its sector. Despite the stock's lower price, Occidental continues generating healthy profits, with high margins and re...
Buy, Baby, Buy: My 12 Favorite Energy Stocks For What's Next
Energy stocks are proving their strength, outperforming the market despite oil price stagnation. Structural shifts, deglobalization, and inflation favor long-term upside. Shale growth is slowing, and ...
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.