Stock Price & Analysis

Based on the provided data and recent market developments, I'll provide a comprehensive analysis of whether to buy or sell OXY stock:

Technical Analysis

The stock is currently showing mixed technical signals:

• RSI-14 at 56.19 indicates neutral momentum
• MACD shows a slightly bullish signal with positive divergence (MACD: 0.20, Signal: -0.23)
• Stock is trading above its key moving averages (SMA20: 48.52, SMA60: 49.13)
• Currently trading at 72% of its Bollinger Band range, suggesting moderate upside potential

Recent Price Action & Fundamentals

The stock has experienced significant volatility recently:

• Current pre-market price: $50.66 (up 0.46%)
• Recent earnings showed mixed results with EPS beat but revenue miss
• Q4 revenue came in at $6.83 billion, missing estimates of $6.98 billion
• EPS of $0.80 beat expectations of $0.70

Analyst Sentiment

Recent analyst actions have been cautious:

• Goldman Sachs downgraded to Sell with $45 target, citing debt concerns
• Roth MKM lowered target to $54 from $56
• Current consensus is "Hold" based on 25 analysts
• Mean price target of $60.16 suggests 29.7% upside potential

Key Considerations

1. Debt Reduction Focus:

• Management prioritizing debt reduction following CrownRock acquisition
• Plans to reduce debt to $15 billion before increasing shareholder returns
• Current total debt stands at approximately $27.6 billion

2. Positive Developments:

• Recently increased dividend by 9%
• Berkshire Hathaway increased stake to 28.3%
• Strong earnings surprise history in past four quarters

Based on the technical indicators, fundamental factors, and analyst sentiment, the recommendation is to HOLD OXY stock at current levels. While there's potential upside based on price targets, the significant debt burden and focus on deleveraging may limit near-term appreciation. Consider waiting for clearer signs of debt reduction progress before initiating new positions.

Based on the provided data and recent market developments, here's a comprehensive price prediction analysis for OXY stock in 2025:

Technical Analysis

The technical indicators show:

• Current price: $50.66 (pre-market)
• Key resistance levels: $51.67, $53.07, $55.34
• Key support levels: $47.13, $45.73, $43.46
• RSI-14 at 56.19 indicates neutral momentum
• MACD showing positive divergence with 0.43 histogram

Fundamental Drivers

The stock's outlook for 2025 is influenced by several key factors:

1. Debt Reduction Progress:

• Successfully achieved 90% of $4.5B debt reduction target within 2 months of CrownRock acquisition
• Management committed to further debt reduction in 2025 regardless of oil prices
• Total debt stands at approximately $27.6B as of Q3 2024

2. Operational Performance:

• Q4 2024 earnings expected at $0.68 per share (-8% YoY)
• Revenue forecast at $6.98B (-4.9% YoY)
• CrownRock acquisition expected to add $1B in free cash flow within first year at $70/barrel WTI

3. Analyst Sentiment:

• Consensus rating: Hold (6 Strong Buy, 1 Moderate Buy, 16 Hold, 2 Strong Sell)
• Average price target: $60.16 (+29.7% upside potential)
• Street-high target: $81 (+74.7% upside)

2025 Price Prediction

Based on technical and fundamental analysis, here are the projected price levels for OXY in 2025:

Base case: $60-65

• Driven by successful debt reduction and CrownRock integration
• Supported by stable oil prices around $70/barrel
• Potential dividend increase as management indicated

Bullish case: $70-75

• Accelerated debt reduction
• Higher oil prices
• Continued Berkshire Hathaway accumulation

Bearish case: $45-50

• Oil price weakness
• Integration challenges with CrownRock
• Slower-than-expected debt reduction

The most likely scenario points to a base case target of $60-65, supported by management's execution on debt reduction and the successful integration of CrownRock assets.

The S1 support level for OXY Stock is $47.93 ,The R1 resistant level for OXY Stock is $51.75.

As of the end of day on 2025-02-26, the price of OXY Stock was $48.96.

The target price for OXY Stock according to analyst rating is 60.24, with the highest price target at 81.00 and the lowest at 45.00. Analysts have a Moderate Buy rating on OXY Stock overall.

The market cap of OXY is $45.9B.

Based on the provided data and current market conditions, here's a comprehensive analysis of OXY's valuation:

Financial Performance

• Revenue declined 22.9% from $36.6B (2022) to $28.3B (2023)
• Net income dropped significantly by 69.8% from $12.5B to $3.8B
• EPS decreased from $12.48 to $3.93, reflecting weaker profitability

Valuation Metrics

• P/E ratio increased from 5.08x to 15.21x, suggesting reduced earnings efficiency
• EV/EBITDA expanded from 4.17x to 5.96x
• Price-to-Sales ratio rose from 1.72x to 2.03x
• Price-to-Book ratio decreased from 2.79x to 2.39x

Technical Analysis

• RSI-14 at 56.19 indicates neutral momentum
• MACD shows positive divergence with 0.20 value
• Stock trading above 20-day SMA ($48.52) but below 200-day SMA ($54.33)
• Bollinger Bands suggest moderate volatility with price near middle band

Recent Events

• Q4 earnings showed mixed results with EPS beat but revenue miss
• Stock experienced recent pressure following earnings announcement
• Company has been focusing on debt reduction and shareholder returns through dividend increases

Conclusion: OXY appears moderately overvalued at current levels considering:

• Significant decline in financial performance
• Expanded valuation multiples despite weaker fundamentals
• Technical indicators showing neutral momentum
• Current price ($50.66) trading above near-term moving averages but below longer-term averages

The stock's current valuation seems to price in optimistic recovery scenarios while not fully accounting for the substantial deterioration in financial performance.

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. It operates through three segments: oil and gas, chemical 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 chemical segment primarily manufactures and markets basic chemicals and vinyls. The 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.

Based on the available data and market analysis, here is the price prediction for OXY stock by 2030:

OXY stock is projected to reach $85-90 per share by 2030, driven by the company's successful debt reduction strategy and strong cash flow generation from its expanded Permian Basin operations following the CrownRock acquisition. The company's growing investments in carbon capture storage and OxyChem businesses provide additional growth catalysts, while Warren Buffett's Berkshire Hathaway continues showing confidence by increasing its stake to 28.3%.

OXY has a total of 12570 employees.