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OXY logo

OXY Overview

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$
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

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High
65.570
Open
64.080
VWAP
63.12
Vol
16.32M
Mkt Cap
64.46B
Low
61.680
Amount
1.03B
EV/EBITDA(TTM)
8.33
Total Shares
991.70M
EV
93.74B
EV/OCF(TTM)
9.76
P/S(TTM)
3.00
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)
2026-03-26
16:30:00
Major Averages Decline Amid Rising Oil Prices
select
2026-03-26
15:00:00
Occidental Stock Rises 4% After CEO Exit Report
select
2026-03-26
14:50:00
Occidental CEO Vicki Hollub Set to Retire
select
link
2026-03-24 (ET)
2026-03-24
11:40:00
Occidental Petroleum Shares Up 1.64%, Mixed Options Sentiment
select

News

Fool
7.5
20:06 PMFool
Energy Stocks Surge Amid Market Decline
  • Energy Sector Outperformance: In March, the energy sector of the S&P 500 index rose approximately 11.9%, contrasting sharply with declines in all other sectors, highlighting the resilience of the energy industry amid market turmoil.
  • Oil Price Surge Impact: The price of Brent crude oil has surged 55% since late February due to the Middle East war and the closure of the Strait of Hormuz, directly driving stock prices higher for energy companies, with Occidental Petroleum up 26% and Marathon Petroleum up 24.8%.
  • Rising Gasoline Prices: The average price of regular gasoline in the U.S. has climbed over $1 to about $4, significantly boosting profits for energy companies and further solidifying their market position.
  • Optimistic Future Outlook: While the market anticipates a potential decline in oil prices in the coming months, energy companies are expected to benefit from elevated prices through 2026, especially as much infrastructure and strategic reserves have been damaged, keeping energy stocks attractive.
NASDAQ.COM
7.5
20:03 PMNASDAQ.COM
Energy Stocks Thrive Amid Oil Price Surge
  • Strong Energy Sector Performance: In March, energy stocks collectively rose by approximately 11.9%, making it the only sector of the S&P 500 to gain, indicating robust industry performance amid rising oil prices, with expectations for continued benefits into 2026.
  • Context of Rising Oil Prices: The price of Brent crude has surged by 55% since late February due to the Middle East war and the closure of the Strait of Hormuz, which has directly contributed to a more than $1 increase in U.S. gasoline prices, reaching an average of about $4 nationwide.
  • Performance of Major Companies: Companies like Occidental Petroleum (OXY) saw a 26% increase in March, Marathon Petroleum (MPC) rose by 24.8%, and ExxonMobil (XOM) increased by 13.3%, highlighting the significant profitability of energy firms in the current market environment.
  • Future Outlook: While the market anticipates a potential decline in oil prices over the coming months, energy companies are expected to achieve better-than-expected earnings in 2026, as damage to infrastructure and reduced strategic reserves will likely keep oil prices elevated for an extended period.
NASDAQ.COM
4.5
17:05 PMNASDAQ.COM
US Stocks Rise on Optimism Over Middle East Conflict Resolution
  • Market Rally: The S&P 500 Index rose by 0.97%, the Dow Jones Industrial Average by 0.86%, and the Nasdaq 100 by 1.45%, reflecting growing investor confidence amid optimism that the Middle East conflict may soon conclude, which could stabilize global markets.
  • Strong Economic Data: The US ADP employment change for March increased by 62,000, surpassing expectations of 40,000, while February retail sales rose by 0.6% month-over-month, indicating robust economic recovery that may influence Federal Reserve policy decisions.
  • Interest Rate Outlook: Despite a mere 1% chance of a 25 basis point rate hike at the upcoming FOMC meeting, hawkish comments from St. Louis Fed President raised concerns about inflation and employment risks, potentially affecting investor sentiment and market dynamics.
  • Divergent Stock Performances: Target Hospitality surged by over 37% after securing a multi-year contract worth over $550 million, while Nike fell by more than 13% due to revenue forecasts indicating a decline, highlighting varied market reactions to company-specific news.
CNBC
2.0
17:03 PMCNBC
Eli Lilly Gains FDA Approval, Shares Rise
  • FDA Drug Approval: Eli Lilly's once-daily GLP-1 pill Foundayo received FDA approval, leading to a 4% rise in shares, which will enhance the company's competitive edge in the obesity treatment market and drive future sales growth.
  • Cybersecurity Incident Impact: Hasbro's shares fell over 4% due to a cybersecurity incident involving unauthorized network access, with the company investigating the full impact and implementing protective measures, potentially increasing operational costs in the short term.
  • Tobacco Product Delay: Philip Morris International's shares dropped more than 5% after the FDA delayed authorization for nicotine pouch sales, which may hinder the company's future market expansion plans, particularly among new user demographics.
  • Semiconductor Buyback Plan: Intel announced a $14.2 billion buyback of a 49% stake in its Ireland Fab 34 joint venture, resulting in a 9% increase in shares, with funding sourced from cash on hand and approximately $6.5 billion in new debt, expected to strengthen its position in the global semiconductor market.
CNBC
2.0
12:01 PMCNBC
Nike Shares Drop 10% Despite Beating Earnings Expectations
  • Nike's Revenue Decline: Nike's North American revenue of $5.03 billion fell short of the $5.04 billion expected by analysts, leading to a 10% drop in stock price; however, the company reported fiscal third-quarter earnings of 35 cents per share and $11.28 billion in revenue, exceeding expectations of 28 cents and $11.24 billion, showcasing resilience amid challenges.
  • Dave & Buster's Positive Outlook: Dave & Buster's shares rose 7% as management anticipates increases in same-store sales, revenue, and adjusted EBITDA in 2026, despite posting a fourth-quarter adjusted loss of 35 cents per share and revenue of $529.6 million, below the expected profit of 39 cents and revenue of $555.9 million, indicating future growth potential.
  • PVH Strong Performance: PVH's stock increased by 1% after reporting fourth-quarter adjusted earnings of $3.82 per share and revenue of $2.51 billion, both surpassing analyst expectations of $3.31 per share and $2.43 billion, reflecting successful brand management.
  • NCino Stock Surge: NCino shares surged 22% after providing first-quarter revenue guidance of $154.5 million to $156.4 million, exceeding the $152.7 million consensus, with fourth-quarter revenue also surpassing expectations at $149.7 million, indicating strong performance in the cloud software market.
Fool
4.0
08:06 AMFool
Strait of Hormuz Blockage Triggers Oil Price Surge
  • Oil Price Surge: The effective blockade of the Strait of Hormuz by Iran has caused crude prices to soar above $100 per barrel, with expectations of severe oil supply shortages if the blockade persists, significantly impacting the global economy.
  • Chokepoint Overview: The Strait of Hormuz, only about 29 miles wide, previously handled 20% of global oil and LNG supplies, making it a prime target for Iranian attacks, which exacerbates market uncertainty.
  • Bab el-Mandeb's Rising Importance: Connecting the Red Sea to the Gulf of Aden, Bab el-Mandeb saw 4.2 million barrels of oil flow through last year, and its significance has surged following the closure of the Strait of Hormuz, with Saudi Arabia ramping up oil volumes on the East-West Pipeline to 7 million barrels per day, 330% above pre-war levels.
  • Market Risk Potential: Analysts warn that if both the Strait of Hormuz and Bab el-Mandeb are closed, oil prices could surge to $150-$200 per barrel, which would severely damage the global economy while benefiting oil companies like ConocoPhillips and Occidental Petroleum that operate outside these chokepoints.
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
Citi
Neutral
maintain
$45 -> $67
AI Analysis
2026-03-29
New
Reason
Citi
Price Target
$45 -> $67
AI Analysis
2026-03-29
New
maintain
Neutral
Reason
Citi raised the firm's price target on Occidental to $67 from $45 and keeps a Neutral rating on the shares. Citi updated models in the oil exploration and production group to reflect its higher oil price forecasts.
Morgan Stanley
Equal Weight
maintain
$53 -> $73
2026-03-27
New
Reason
Morgan Stanley
Price Target
$53 -> $73
2026-03-27
New
maintain
Equal Weight
Reason
Morgan Stanley raised the firm's price target on Occidental to $73 from $53 and keeps an Equal Weight rating on the shares. Oil, LNG and refining margins have hit their highest levels since 2022 and even with de-escalation in Iran, it is becoming less likely that these markets can revert to their prior regime anytime soon, the analyst tells investors. The firm updated its price deck, increasing its 2026 WTI benchmark by 44%, NGLs by 40%, and cracks by 35%, while noting that its EBITDA estimates across its North America energy coverage are rising by about 40% for 2026 and 23% in 2027 on average.
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 16.18, compared to its 5-year average forward P/E of 16.20. 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
16.20
Current PE
16.18
Overvalued PE
27.16
Undervalued PE
5.25

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
6.07
Overvalued EV/EBITDA
5.96
Undervalued EV/EBITDA
4.60

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
1.68
Current PS
2.67
Overvalued PS
2.06
Undervalued PS
1.30

Financials

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Whales Holding OXY

P
Pacer Advisors, Inc.
Holding
OXY
+9.00%
3M Return
S
Smead Capital Management, Inc.
Holding
OXY
+8.41%
3M Return
H
Hamblin Watsa Investment Counsel Ltd.
Holding
OXY
+7.32%
3M Return
T
Turtle Creek Management, LLC
Holding
OXY
+4.41%
3M Return
L
Lighthouse Investment Partners, LLC
Holding
OXY
+4.12%
3M Return
E
Entropy Technologies, LP
Holding
OXY
+1.86%
3M Return

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Frequently Asked Questions

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

The current price of OXY is 62.12 USD — it has decreased -4.43

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 1.75B USD, decreased -14.70

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 -0.07 USD, decreased -77.42

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

Occidental Petroleum Corp (OXY) has 10412 emplpoyees as of April 01 2026.

What is Occidental Petroleum Corp (OXY) market cap?

Today OXY has the market capitalization of 64.46B USD.