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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

Loading chart...

High
60.180
Open
58.900
VWAP
59.51
Vol
7.64M
Mkt Cap
59.30B
Low
58.320
Amount
454.53M
EV/EBITDA(TTM)
7.57
Total Shares
994.63M
EV
80.08B
EV/OCF(TTM)
9.05
P/S(TTM)
2.83
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)
2026-05-15
15:10:00
Occidental Petroleum Shares Rise 4.07% to $59.16
select
2026-05-08 (ET)
2026-05-08
11:30:00
Occidental Petroleum Shares Up Slightly to $53.98
select
2026-05-05 (ET)
2026-05-05
16:30:00
Occidental Reports Q1 Revenue of $5.23B
select
2026-05-05
16:30:00
Fiscal 2026 Production Estimated at 1,410 - 1,460 Mboed
select
2026-05-05
14:50:00
Notable Companies Earnings Consensus: AMD $1.29
select

News

Fool
8.5
05-16Fool
PinnedOccidental Petroleum's Future Outlook Amid Rising Oil Prices
  • Surge in Oil Prices: Brent crude prices have skyrocketed nearly 80% this year to almost $110 per barrel, significantly exceeding the $60 to $70 range anticipated by the industry, while Occidental Petroleum's stock has only risen about 30%, indicating a disconnect between market optimism about the Strait of Hormuz reopening and the actual oil market conditions.
  • Geopolitical Changes in the Middle East: The UAE's exit from OPEC is expected to boost its production capacity to 6 million barrels per day, with a new pipeline being fast-tracked to bypass the Strait of Hormuz, set to be operational next year, presenting long-term growth opportunities for Occidental Petroleum.
  • Investment Opportunities: Occidental has a longstanding partnership with the Abu Dhabi National Oil Company (ADNOC) and may increase investments to support UAE's production growth, while ADNOC is also considering investing in Occidental's U.S. carbon capture project, further enhancing business growth prospects.
  • Future Stock Price Potential: If crude prices remain above $80 per barrel over the next year, Occidental's stock could potentially rise by over 25%, leveraging its relationship with the UAE and generating surplus cash to strengthen its balance sheet and repurchase shares.
Fool
7.5
14:06 PMFool
Energy Stocks Surge Amid Record Demand and Rising Prices
  • Nuclear Resurgence Boosts Cameco: Cameco's stock has risen 27% year-to-date and 124% over the past year, driven by a surge in global nuclear energy demand, with uranium demand expected to increase by 28% by 2030, positively impacting its mining operations.
  • Oil Price Surge Propels Occidental: Occidental Petroleum has gained 35% year-to-date, primarily due to the ongoing conflict in Iran pushing Brent crude prices near $100 per barrel, with expectations of continued benefits from high oil prices and operational efficiencies.
  • Natural Gas Market Turmoil Affects Cheniere: The conflict in Iran has led to a significant reduction in global LNG supply by approximately 7 million tons per month, resulting in a 24% stock increase for Cheniere Energy, despite reporting a $2.5 billion operating loss in Q1 due to unfavorable derivative changes.
  • Optimistic Future Outlook: Both Cameco and Occidental expect to benefit from sustained energy demand growth, while Cheniere has raised its distributable cash flow guidance from $4.6 billion to $5 billion, demonstrating resilience and growth potential in its business.
Fool
8.5
05-17Fool
Occidental Petroleum's Future Outlook
  • Strong Market Performance: Occidental Petroleum recently surpassed a market value of $56 billion, with its latest quarterly results exceeding expectations, demonstrating robust performance in oil and gas production and transportation; despite high debt levels, the company has successfully repaid $7.1 billion in principal debt, reducing it to $13.3 billion and progressing towards a $10 billion milestone through the sale of its chemicals business.
  • Oil Price Surge Benefit: The ongoing Iran war has led to soaring oil prices, providing a tailwind for Occidental and other energy companies, which is expected to enhance profitability, although the potential resolution of the conflict could pose risks of falling oil prices.
  • Increased Dividend Returns: With a current dividend yield of 1.9%, Occidental has significantly raised its payouts after nearly eliminating them in 2020, reflecting a commitment to shareholder returns and confidence in future growth prospects.
  • Investor Confidence: Warren Buffett's Berkshire Hathaway holds nearly 27% of Occidental, indicating strong confidence in the company's future; combined with a reasonable forward P/E ratio of 12.6, this suggests the stock is attractive in the current market environment.
Yahoo Finance
5.0
05-17Yahoo Finance
Occidental Petroleum's Future Outlook in Three Years
  • Debt Repayment Progress: Occidental Petroleum has repaid $7.1 billion of principal debt through May 5, reducing total debt to $13.3 billion, aided by the sale of its chemicals business, which enhances financial stability and investor confidence.
  • Dividend Growth Potential: After nearly eliminating its dividend in 2020, Occidental's recent yield of 1.9% and significant hikes in recent years demonstrate the company's confidence in future cash flows and commitment to shareholder returns.
  • Market Performance Volatility: The company has averaged a 20.2% annual gain over the past five years, but has seen negligible growth over the past three and ten years, although it is up over 37% year-to-date as of May 13, indicating uncertainty in market expectations for its future.
  • Future Price Prediction: Should Occidental's stock price keep pace with the S&P 500's average annual gain of around 10%, it could rise from a recent $56.80 to $75.60, reflecting market confidence in its long-term growth potential.
Fool
8.5
05-16Fool
Oil Price Surge Warning: Gulf Situation Impact
  • Oil Shortage Warning: At the Milken Global Conference, Chevron CEO Mike Wirth highlighted that the closure of the Strait of Hormuz could lead to tight global crude oil inventories, reminiscent of the 1970s oil crisis, presenting potential investment opportunities, particularly benefiting U.S. downstream and midstream energy companies.
  • ConocoPhillips' Advantage: ConocoPhillips operates far from the Middle East conflict, with production concentrated in oil-rich regions like Alaska and Texas, positioning it to benefit significantly from soaring oil prices due to supply shocks, which may lead to increased quarterly dividends and share repurchase plans.
  • Energy Transfer's Distribution Growth: As a master limited partnership, Energy Transfer boasts a forward dividend yield of 6.75%, and in light of the Strait of Hormuz crisis, it is expected to exceed its previous annual distribution growth target of 3%-5% due to rising demand for U.S. oil exports.
  • Occidental Petroleum's Potential Gains: Occidental Petroleum's stock has surged 38% year-to-date, and if supply shocks persist, its earnings could exceed analyst forecasts of $5.42 per share, with potential for stock prices to reach high double-digit levels if oil prices continue to rise.
Fool
9.5
05-16Fool
Occidental and Ardmore Lead Strong Energy Stock Performance
  • Occidental's Debt Reduction: Occidental Petroleum has significantly reduced its debt from over $20 billion to $13.3 billion by selling its OxyChem division to Berkshire Hathaway for $9.7 billion, which is expected to enhance shareholder returns and accelerate capital allocation towards dividends and buybacks.
  • Production Efficiency Boost: The company is achieving record production levels in the Permian Basin, averaging 1.43 million barrels of oil equivalent per day, demonstrating its industry-leading position in North America's most cost-effective oil field, thereby enhancing its market competitiveness.
  • Ardmore's Earnings Growth: Ardmore Shipping reported a first-quarter EPS of $0.58, up 314% year-over-year, with revenues of $87.9 million, primarily driven by soaring Time Charter Equivalent rates, indicating strong demand in the midsize tanker market for clean petroleum products and chemicals.
  • Dividend Policy Shift: Ardmore has increased its dividend payout ratio to two-thirds of adjusted earnings, declaring a first-quarter dividend of $0.39 per share, reflecting management's confidence in sustained cash flow and commitment to returning capital to shareholders.
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
Truist
Hold
downgrade
$65 -> $57
AI Analysis
2026-05-08
Reason
Truist
Price Target
$65 -> $57
AI Analysis
2026-05-08
downgrade
Hold
Reason
Truist lowered the firm's price target on Occidental to $57 from $65 and keeps a Hold rating on the shares as part of a broader research note on E&P names in Energy. The firm is updating its models after Q1 results, with key themes centered around acceleration of activity or lack thereof, as companies are more than happy to keep levels as is and benefit from higher prices and efficiency gains.
UBS
Neutral
maintain
$67 -> $65
2026-05-07
Reason
UBS
Price Target
$67 -> $65
2026-05-07
maintain
Neutral
Reason
UBS lowered the firm's price target on Occidental to $65 from $67 and keeps a Neutral rating on the shares. Occidental's long-term philosophy is driving free cash flow growth, the analyst tells investors in a research note.
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 10.78, compared to its 5-year average forward P/E of 15.44. 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
15.44
Current PE
10.78
Overvalued PE
24.93
Undervalued PE
5.95

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
4.85
Overvalued EV/EBITDA
5.98
Undervalued EV/EBITDA
4.59

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
1.71
Current PS
2.27
Overvalued PS
2.09
Undervalued PS
1.33

Financials

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Whales Holding OXY

I
IMC Trading B.V.
Holding
OXY
+16.92%
3M Return
P
Perigon Wealth Management, LLC
Holding
OXY
+16.12%
3M Return
S
South Dakota Investment Council
Holding
OXY
+14.21%
3M Return
H
Himalaya Management
Holding
OXY
+13.60%
3M Return
H
H&H International Investment, LLC
Holding
OXY
+9.64%
3M Return
T
Turtle Creek Management, LLC
Holding
OXY
+7.46%
3M Return

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Frequently Asked Questions

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

The current price of OXY is 60.02 USD — it has increased 0.67

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 18 2026.

What is Occidental Petroleum Corp (OXY) market cap?

Today OXY has the market capitalization of 59.30B USD.