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OXY Overview

-
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
57.050
Open
57.050
VWAP
56.57
Vol
14.40M
Mkt Cap
56.33B
Low
56.025
Amount
814.65M
EV/EBITDA(TTM)
7.35
Total Shares
994.63M
EV
77.79B
EV/OCF(TTM)
8.79
P/S(TTM)
2.72
Occidental Petroleum Corporation is an international energy company with assets primarily in the United States, the Middle East and North Africa. The Company is an oil and gas producer in the United States, including a producer in the Permian and DJ basins, and the offshore Gulf of Mexico. Its segments include oil and gas, and midstream and marketing. The oil and gas segment explores for, develops, and produces oil (which includes condensate), natural gas liquids (NGL) and natural gas. The Company's midstream and marketing segment purchases, markets, gathers, processes, transports, and stores oil (which includes condensate), NGL, natural gas, carbon dioxide (CO2) and power. The midstream and marketing segment provides flow assurance and maximizes the value of its oil and gas. It also optimizes its transportation and storage capacity and invests in entities that conduct similar activities. This segment also includes low-carbon venture businesses.
Show More

Events Timeline

(ET)
2026-05-26
16:30:00
Major Averages Mixed as Eli Lilly and Others Engage in $4B Deals
select
2026-05-26
13:50:00
Occidental Petroleum Acquires 10% Stake in Exxon Mobil's Deepwater Block
select
link

News

Fool
8.5
05-30Fool
Abel's Key Investments at Berkshire Hathaway Post-Appointment
  • Successful Oxychem Acquisition: Berkshire Hathaway's acquisition of Oxychem for $9.7 billion came at a strategic low point in the chemical industry, with an estimated 8x EBITDA for 2025, enhancing the company's competitive edge while retaining preferred shares in Occidental, yielding an 8% dividend.
  • Strategic Investment in Tokio Marine: Abel's $1.8 billion investment for a 2.5% stake in Tokio Marine, with the option to increase to 9.9%, strengthens Berkshire's insurance business through a risk-sharing agreement, despite paying nearly double the book value, which could yield significant returns.
  • Precise Timing for Alphabet Increase: Abel's decision to triple Berkshire's investment in Alphabet to $11 billion in Q1 positioned it as the fifth-largest equity holding, benefiting from a market recovery and strong earnings, with the stock price rising approximately 35% since last quarter.
  • AI-Driven Revenue Growth: Alphabet's cloud revenue surged 63%, with operating margins expanding from 17.8% to 32.9%, as AI integration enhances search and advertising revenues, indicating strong growth potential moving forward.
NASDAQ.COM
8.5
05-30NASDAQ.COM
Abel's First Quarter Investments Yield Positive Results
  • Successful OxyChem Acquisition: Berkshire Hathaway's $9.7 billion acquisition of OxyChem was timed perfectly at the chemical industry's low point, with an estimated 8 times EBITDA for 2025, and future modernization efforts are expected to enhance cash flow and profitability.
  • Strategic Investment in Tokio Marine: Abel's $1.8 billion investment for a 2.5% stake in Tokio Marine, with the option to increase to 9.9%, not only strengthens Berkshire's insurance business but also introduces a risk-sharing agreement that could yield further upside, positively received by the market.
  • Increased Stake in Alphabet: Abel tripled Berkshire's investment in Alphabet to approximately $22.5 billion, spending around $11 billion in the first quarter, benefiting from market recovery and strong AI performance, with the stock price rising about 35% since last quarter.
  • AI Driving Revenue Growth: Alphabet's cloud revenue grew 63% in Q1, with operating margins expanding from 17.8% to 32.9%, and the integration of AI technologies is expected to further enhance profitability in search and advertising, positioning the company for sustained growth.
CNBC
2.0
05-29CNBC
Energy Stocks Decline as Nextpower Acquires Battery Firm
  • Energy Sector Decline: Energy stocks fell for the fourth consecutive day after President Trump indicated a potential deal to end the U.S.-Iran conflict, with OneOK leading the S&P 500 energy sector down over 3%, reflecting market concerns about the industry's outlook.
  • Nextpower Acquisition: Nextpower's stock surged 13% following its announcement of acquiring battery storage company Prevalon Energy for approximately $365 million, while also raising its full-year revenue guidance, indicating its strategic expansion in the renewable energy sector.
  • Dell Technologies Surge: Dell Technologies' shares jumped 29% after raising its full-year guidance, projecting adjusted earnings of $17.90 per share and revenue between $165 billion and $169 billion, significantly exceeding analyst expectations, showcasing strong market demand recovery.
  • American Eagle's Poor Performance: American Eagle Outfitters' shares dropped 13% as comparable sales at its American Eagle banner fell 2% in Q1, with second-quarter guidance disappointing analysts, highlighting the sales pressure and intensified competition it faces.
Fool
8.5
05-29Fool
Occidental Petroleum Acquires Stake in Trinidad Deepwater Block
  • Stake Acquisition: Occidental Petroleum is acquiring a 10% interest in ExxonMobil's Ultra Deep 1 block offshore Trinidad and Tobago, gaining access to a high-potential deepwater exploration area that enhances its global business diversification.
  • Resource Potential: The block is adjacent to Exxon's Stabroek block, which has made 30 discoveries totaling 11 billion barrels of recoverable oil and gas, currently producing 900,000 barrels per day and aiming for 1.7 million barrels by 2030, indicating significant upside potential.
  • Investment Plans: ExxonMobil plans to invest $42 million for seismic surveys and potentially drill two exploration wells six months post-survey completion, which could provide Occidental with a long-term growth catalyst if successful.
  • Strategic Implications: This acquisition allows Occidental to replenish resources to counter production declines while further diversifying its investment portfolio globally, thereby enhancing its competitive position in the oil and gas sector.
CNBC
4.5
05-29CNBC
US-Iran Conflict Escalates, Oil Prices Surge Amid Economic Uncertainty
  • Escalation of US-Iran Conflict: Following weeks of paused action, the US and Iran have resumed airstrikes, complicating hopes for a permanent resolution to the conflict, which is impacting global oil supplies and market sentiment.
  • Strong Stock Market Performance: Despite rising geopolitical tensions, both the S&P 500 and Nasdaq Composite closed at record highs, primarily driven by a surge in AI-related stocks, indicating strong market confidence in the technology sector.
  • Oil Price Warning: ExxonMobil has warned that oil inventories are on track to reach dangerously low levels in the coming weeks, forcing prices to spike and curbing demand, reflecting market concerns over energy supply.
  • Wealthy Investors Pulling Out: According to the UBS Global Family Office Report, 60% of family offices plan to adjust their investment allocations in the next year, with many reducing US holdings and increasing exposure to emerging markets, highlighting a growing trend of 'de-dollarization'.
CNBC
4.5
05-28CNBC
U.S.-Iran Negotiation Fluctuations Impact Markets
  • Oil Price Plunge: Oil prices dropped over 5% on Wednesday after Secretary of State Marco Rubio indicated that Washington was giving Iran talks 'every chance to succeed,' reflecting market sensitivity to diplomatic efforts and potentially impacting energy sector profitability.
  • Escalation of Military Actions: New U.S. airstrikes in Iran targeted a military site deemed a threat to U.S. forces and commercial maritime traffic, adding uncertainty to the ongoing diplomatic negotiations and prompting investors to reassess risk levels in the market.
  • Strong Tech Stock Performance: Shares of cloud-based AI and data platform company Snowflake surged 36% following a strong earnings report and a $6 billion investment plan in Amazon Web Services, showcasing investment enthusiasm and market confidence in the tech sector amid rising AI demand.
  • Inflation Data Focus: Investors are closely watching the upcoming April inflation reading, which is expected to influence the Fed's future rate decisions, as Minneapolis Fed President Neel Kashkari emphasized that lowering inflation remains a top priority, indicating market sensitivity to economic policy.
Wall Street analysts forecast OXY stock price to rise
16 Analyst Rating
Wall Street analysts forecast OXY stock price to rise
4 Buy
9 Hold
3 Sell
Hold
Current: 0.000
sliders
Low
38.00
Averages
47.27
High
64.00
Current: 0.000
sliders
Low
38.00
Averages
47.27
High
64.00
Mizuho
Outperform
maintain
$72 -> $75
AI Analysis
2026-05-27
New
Reason
Mizuho
Price Target
$72 -> $75
AI Analysis
2026-05-27
New
maintain
Outperform
Reason
Mizuho raised the firm's price target on Occidental to $75 from $72 and keeps an Outperform rating on the shares. The firm expects the impact of Iran crisis on global oil prices and refining cracks to be prolonged. Mizuho increased its 2026 and 2027 oil price outlook by 25% and 6%, respectively, while raising its forecast for U.S. refining cracks by 61% and 51%. A pullback in stock valuations despite elevated commodity prices creates opportunity for investors to seek "alpha" in U.S. oil and gas, the analyst tells investors in a research note. Mizuho adjusted ratings and price targets in the group.
Barclays
Betty Jiang
Equal Weight
to
Overweight
upgrade
$72
2026-05-26
New
Reason
Barclays
Betty Jiang
Price Target
$72
2026-05-26
New
upgrade
Equal Weight
to
Overweight
Reason
Barclays analyst Betty Jiang upgraded Occidental to Overweight from Equal Weight with a $72 price target.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for OXY
Unlock Now

Valuation Metrics

The current forward P/E ratio for Occidental Petroleum Corp (OXY.N) is 11.56, compared to its 5-year average forward P/E of 15.13. For a more detailed relative valuation and DCF analysis to assess Occidental Petroleum Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
15.13
Current PE
11.56
Overvalued PE
24.02
Undervalued PE
6.24

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
5.28
Current EV/EBITDA
4.87
Overvalued EV/EBITDA
5.97
Undervalued EV/EBITDA
4.58

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
1.72
Current PS
2.30
Overvalued PS
2.10
Undervalued PS
1.35

Financials

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Whales Holding OXY

I
IMC Trading B.V.
Holding
OXY
+22.78%
3M Return
H
Hosking Partners LLP
Holding
OXY
+14.78%
3M Return
P
Perigon Wealth Management, LLC
Holding
OXY
+14.40%
3M Return
S
South Dakota Investment Council
Holding
OXY
+14.33%
3M Return
T
Turtle Creek Management, LLC
Holding
OXY
+12.60%
3M Return
H
Himalaya Management
Holding
OXY
+10.96%
3M Return

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Frequently Asked Questions

What is Occidental Petroleum Corp (OXY) stock price today?

The current price of OXY is 56.63 USD — it has decreased -1.2

What is Occidental Petroleum Corp (OXY)'s business?

Occidental Petroleum Corporation is an international energy company with assets primarily in the United States, the Middle East and North Africa. The Company is an oil and gas producer in the United States, including a producer in the Permian and DJ basins, and the offshore Gulf of Mexico. Its segments include oil and gas, and midstream and marketing. The oil and gas segment explores for, develops, and produces oil (which includes condensate), natural gas liquids (NGL) and natural gas. The Company's midstream and marketing segment purchases, markets, gathers, processes, transports, and stores oil (which includes condensate), NGL, natural gas, carbon dioxide (CO2) and power. The midstream and marketing segment provides flow assurance and maximizes the value of its oil and gas. It also optimizes its transportation and storage capacity and invests in entities that conduct similar activities. This segment also includes low-carbon venture businesses.

What is the price predicton of OXY Stock?

Wall Street analysts forecast OXY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for OXY is47.27 USD with a low forecast of 38.00 USD and a high forecast of 64.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Occidental Petroleum Corp (OXY)'s revenue for the last quarter?

Occidental Petroleum Corp revenue for the last quarter amounts to 5.23B USD, decreased -8.31

What is Occidental Petroleum Corp (OXY)'s earnings per share (EPS) for the last quarter?

Occidental Petroleum Corp. EPS for the last quarter amounts to 3.13 USD, increased 306.49

How many employees does Occidental Petroleum Corp (OXY). have?

Occidental Petroleum Corp (OXY) has 10412 emplpoyees as of May 31 2026.

What is Occidental Petroleum Corp (OXY) market cap?

Today OXY has the market capitalization of 56.33B USD.