Occidental Petroleum Corporation (OXY)

US — Energy Sector
Peers: FANG  EQT  IMO  OKE  BKR  SU  TRGP  PSX  ET  E 

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Key Metrics & Ratings

  • symbol OXY
  • Rev/Share 27.65
  • Book/Share 36.7232
  • PB 1.126
  • Debt/Equity 0.6767
  • CurrentRatio 1.0482
  • ROIC 0.0504

 

  • MktCap 40194674666.0
  • FreeCF/Share 4.8726
  • PFCF 8.3739
  • PE 17.007
  • Debt/Assets 0.2866
  • DivYield 0.023
  • ROE 0.0679

 

  • Rating B+
  • Score 3
  • Recommendation Neutral
  • P/E Score 2
  • DCF Score 5
  • P/B Score 3
  • D/E Score 1

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Initiation OXY Wells Fargo -- Underweight -- $42 Oct. 17, 2025
Upgrade OXY Mizuho Neutral Outperform -- $60 Oct. 3, 2025
Upgrade OXY HSBC Securities Hold Buy -- $55 Oct. 3, 2025
Initiation OXY Melius -- Hold -- $64 Aug. 20, 2025
Downgrade OXY Morgan Stanley Overweight Equal Weight -- $52 Aug. 18, 2025
Downgrade OXY Scotiabank Sector Outperform Sector Perform -- $40 April 11, 2025
Downgrade OXY TD Cowen Buy Hold -- $45 April 8, 2025
Downgrade OXY Raymond James Strong Buy Outperform $81 $64 March 10, 2025
Downgrade OXY Goldman Neutral Sell $54 $45 Jan. 31, 2025
Resumed OXY BofA Securities -- Neutral -- $57 Oct. 17, 2024

News

Should You Buy Warren Buffett's Favorite Oil Stock at Its 52-Week Low?
OXY
Published: February 28, 2025 by: 24/7 Wall Street
Sentiment: Positive

Warren Buffett is often hailed as the world's greatest investor.

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image for news Should You Buy Warren Buffett's Favorite Oil Stock at Its 52-Week Low?
3 Stocks With Unusual Call Option Volume – What It Signals
BP, OXY, PDD
Published: February 28, 2025 by: MarketBeat
Sentiment: Positive

When investors try to gauge the market's sentiment for a group of stocks, they typically look at who has been buying into them lately with the hopes of understanding the reasoning behind these decisions. However, buying stock is not the only way large traders and market participants express their bullish views on a company's future.

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image for news 3 Stocks With Unusual Call Option Volume – What It Signals
3 No-Brainer Oil Stocks to Buy With $500 Right Now
CVX, EPD, OXY
Published: February 27, 2025 by: The Motley Fool
Sentiment: Positive

President Trump's push for fossil fuels has put oil stocks back on investors' radar. On his first day in office for the second term, Trump declared a national energy emergency, froze federal funding for clean energy, and avowed his intentions to boost the domestic oil and gas industry.

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image for news 3 No-Brainer Oil Stocks to Buy With $500 Right Now
Occidental Petroleum's Weakness Is Your Opportunity
OXY
Published: February 25, 2025 by: Seeking Alpha
Sentiment: Positive

Occidental Petroleum's 2024 performance showcased record U.S. oil production, reduced operating expenses, and strong free cash flow, enhancing shareholder returns and balance sheet health. The company aims to improve its balance sheet and focus on shareholder returns, with strategic divestitures and modernization projects, including the STRATOS carbon capture initiative. Despite flat production expectations for 2025, Occidental's low breakeven costs and efficient operations position it for substantial returns, assuming stable oil prices.

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image for news Occidental Petroleum's Weakness Is Your Opportunity
Occidental's Q4 Earnings Beat Estimates: Time to Buy the Stock?
OXY
Published: February 24, 2025 by: Zacks Investment Research
Sentiment: Positive

OXY's strong position in the Permian Basin and free cash generation capabilities will allow it to strengthen its balance sheet, but its exposure to commodity price fluctuation is a headwind.

Read More
image for news Occidental's Q4 Earnings Beat Estimates: Time to Buy the Stock?
Occidental Petroleum Corporation (OXY) Is a Trending Stock: Facts to Know Before Betting on It
OXY
Published: February 24, 2025 by: Zacks Investment Research
Sentiment: Positive

Occidental (OXY) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

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image for news Occidental Petroleum Corporation (OXY) Is a Trending Stock: Facts to Know Before Betting on It
Here's Why Occidental Petroleum (OXY) is a Strong Momentum Stock
OXY
Published: February 21, 2025 by: Zacks Investment Research
Sentiment: Positive

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

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image for news Here's Why Occidental Petroleum (OXY) is a Strong Momentum Stock
Why Does Warren Buffett Keep Piling Into 2 Beaten-Down Stocks That Have Plunged More Than 30%?
OXY, SIRI
Published: February 20, 2025 by: The Motley Fool
Sentiment: Negative

We now know what Warren Buffett was up to during the fourth quarter of 2024. Berkshire Hathaway (BRK.A 0.12%) (BRK.B 0.20%) submitted its 13F filing to the U.S. Securities and Exchange Commission (SEC) last week.

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image for news Why Does Warren Buffett Keep Piling Into 2 Beaten-Down Stocks That Have Plunged More Than 30%?
Occidental Petroleum: Building Momentum Into 2025 (Rating Upgrade)
OXY
Published: February 19, 2025 by: Seeking Alpha
Sentiment: Positive

Oxy's Q4 delivered a solid 11% beat on EPS and record US production, continuing strong recent momentum. Unit LOE continues to improve with Q4 LOE/boe, down 6% q/q and almost 30% vs its Q4 23 peak, yet Oxy remains one of the highest-cost E&Ps and more work. While debt and low distributions remain a headwind, we believe shares now look more attractive at ~11% fwd FCF yield and ~5x 2025 EBITDA.

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image for news Occidental Petroleum: Building Momentum Into 2025 (Rating Upgrade)
Occidental Petroleum Corporation (OXY) Q4 2024 Earnings Conference Call Transcript
OXY
Published: February 19, 2025 by: Seeking Alpha
Sentiment: Neutral

Occidental Petroleum Corporation (NYSE:OXY ) Q4 2024 Earnings Conference Call February 19, 2025 1:00 PM ET Company Participants Jordan Tanner - VP, IR Vicki Hollub - President & CEO Sunil Mathew - SVP & CFO Ken Dillon - SVP & President, International Oil and Gas Operations Richard Jackson - President, Operations, U.S. Onshore Resources and Carbon Management Conference Call Participants Arun Jayaram - JP Morgan Betty Jiang - Barclays Neal Dingmann - Truist Securities Paul Cheng - Scotiabank Roger Read - Wells Fargo Neil Mehta - Goldman Sachs John Abbott - Wolfe Research Leo Mariani - Roth Capital Partners Operator …

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image for news Occidental Petroleum Corporation (OXY) Q4 2024 Earnings Conference Call Transcript
Occidental Petroleum Posts Q4 Earnings Beat, Here's A 'Glaring Negative'
OXY
Published: February 19, 2025 by: Benzinga
Sentiment: Neutral

Shares of Occidental Petroleum Corp OXY climbed in trading on Wednesday, despite a revenue miss in the fourth quarter.

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image for news Occidental Petroleum Posts Q4 Earnings Beat, Here's A 'Glaring Negative'
Compared to Estimates, Occidental (OXY) Q4 Earnings: A Look at Key Metrics
OXY
Published: February 18, 2025 by: Zacks Investment Research
Sentiment: Positive

Although the revenue and EPS for Occidental (OXY) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

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image for news Compared to Estimates, Occidental (OXY) Q4 Earnings: A Look at Key Metrics
Occidental Petroleum: Making Cost Progress
OXY
Published: February 18, 2025 by: Seeking Alpha
Sentiment: Positive

Warren Buffett's continued investment in Occidental Petroleum highlights its bargain status. Despite declining oil prices, Occidental's cash flow remained stable. Rising natural gas prices and increasing export capacity present a bright outlook for Occidental's future profitability.

Read More
image for news Occidental Petroleum: Making Cost Progress
Occidental Posts Mixed Q4 Results
OXY
Published: February 18, 2025 by: The Motley Fool
Sentiment: Neutral

Occidental Petroleum (OXY 1.62%), an integrated oil and gas company, announced its fourth-quarter 2024 earnings on Feb. 18, 2025. The company reported adjusted EPS of $0.80, exceeding the market expectation of $0.68 by 17.6%.

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image for news Occidental Posts Mixed Q4 Results
Bill Ackman's HHH bid, Occidental vs. Diamondback: Asking for a Trend
FANG, OXY
Published: February 18, 2025 by: Yahoo Finance
Sentiment: Positive

Julie Hyman takes a closer look at the top stories on Wall Street after the closing bell on Asking for a Trend. Howard Hughes Holdings (HHH) stock is in focus after Bill Ackman announced a proposal to buy 10 million shares at $90 each in an effort to build a modern-day Berkshire Hathaway (BRK-B, BRK-A).

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image for news Bill Ackman's HHH bid, Occidental vs. Diamondback: Asking for a Trend
Occidental Petroleum (OXY) Tops Q4 Earnings Estimates
OXY
Published: February 18, 2025 by: Zacks Investment Research
Sentiment: Positive

Occidental Petroleum (OXY) came out with quarterly earnings of $0.80 per share, beating the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.74 per share a year ago.

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image for news Occidental Petroleum (OXY) Tops Q4 Earnings Estimates
Berkshire Keeps Buying Occidental Petroleum, But I Prefer Enterprise Products Partners
EPD, OXY
Published: February 18, 2025 by: Seeking Alpha
Sentiment: Positive

I'm bullish on energy stocks overall due to my view of compressed oil prices and the potential of policy tailwinds. For OXY and EPD, their latest insider activities provide another support for a bullish thesis. For OXY, Warren Buffett's Berkshire Hathaway keeps buying shares aggressively.

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image for news Berkshire Keeps Buying Occidental Petroleum, But I Prefer Enterprise Products Partners
Top Wall Street Forecasters Revamp Occidental Petroleum Price Expectations Ahead Of Q4 Earnings
OXY
Published: February 18, 2025 by: Benzinga
Sentiment: Neutral

Occidental Petroleum Corporation OXY will release its fourth-quarter financial results, after the closing bell, on Tuesday, Feb. 18, 2025.

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image for news Top Wall Street Forecasters Revamp Occidental Petroleum Price Expectations Ahead Of Q4 Earnings
Buffett buys more Occidental, investor cash levels fall: Catalysts
OXY
Published: February 18, 2025 by: Yahoo Finance
Sentiment: Positive

When a stock or cryptocurrency opens at a significantly different price than its previous close, investors face what's known as a "gap" in the market (^DJI, ^IXIC, ^GSPC). These price discontinuities can have meaningful implications for investment portfolios.

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image for news Buffett buys more Occidental, investor cash levels fall: Catalysts
How To Earn $500 A Month From Occidental Petroleum Stock Ahead Of Q4 Earnings
OXY
Published: February 18, 2025 by: Benzinga
Sentiment: Positive

Occidental Petroleum Corporation OXY will release its fourth-quarter financial results, after the closing bell, on Tuesday, Feb. 18.

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image for news How To Earn $500 A Month From Occidental Petroleum Stock Ahead Of Q4 Earnings
Warren Buffett Bought 6 Stocks in Q4. Here's the Best of the Bunch.
OXY
Published: February 18, 2025 by: The Motley Fool
Sentiment: Positive

Going into the fourth quarter of 2024, Warren Buffett had been a net seller of stocks for eight consecutive quarters. The streak has now increased to nine after Berkshire Hathaway disclosed its Q4 holdings.

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image for news Warren Buffett Bought 6 Stocks in Q4. Here's the Best of the Bunch.
Occidental Petroleum Set to Report Earnings Drop. What's Dragging on the Buffett Favorite.
OXY
Published: February 18, 2025 by: Barrons
Sentiment: Negative

OXY has lost 21% over the past year. Weak crude prices are to blame.

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image for news Occidental Petroleum Set to Report Earnings Drop. What's Dragging on the Buffett Favorite.
Occidental Petroleum: We Might Have Seen A Bottom Before Q4 Print
OXY
Published: February 17, 2025 by: Seeking Alpha
Sentiment: Positive

I maintain my "Buy" rating on Occidental Petroleum due to its strong production growth and severe undervaluation. I think OXY can easily beat the Q4 consensus on February 18. Despite market pressures, OXY's current situation is much stronger than in 2018-2019, with higher production levels and no significant macro threats. OXY's Q4 2024 guidance indicates robust production and improved margins, particularly from Permian assets and OxyChem, suggesting potential for earnings beats.

Read More
image for news Occidental Petroleum: We Might Have Seen A Bottom Before Q4 Print
Occidental Petroleum: 3 Reasons We Prefer The 7% YTM Bonds For Berkshire's Bet
BRK-A, BRK-B, OXY
Published: February 17, 2025 by: Seeking Alpha
Sentiment: Neutral

Occidental Petroleum has disappointed shareholders with acquisitions reducing shareholder returns. The bonds with about 7% YTM do look attractive. We elucidate our rationale.

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image for news Occidental Petroleum: 3 Reasons We Prefer The 7% YTM Bonds For Berkshire's Bet
Warren Buffett's Berkshire Hathaway Grows Stake in Occidental Petroleum
OXY
Published: February 12, 2025 by: Investopedia
Sentiment: Neutral

Warren Buffett's Berkshire Hathaway (BRK.A, BRK.B) purchased 763,017 shares of Occidental Petroleum (OXY) on Friday for $35.7 million, according to a regulatory filing Tuesday.

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image for news Warren Buffett's Berkshire Hathaway Grows Stake in Occidental Petroleum
Warren Buffett just invested $35 million in this stock
OXY
Published: February 12, 2025 by: Finbold
Sentiment: Positive

Taking a page from an expert's book is often a wise decision — and if anyone can be called an expert when it comes to investing, it's Warren Buffett.

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image for news Warren Buffett just invested $35 million in this stock
Occidental Petroleum (OXY) Outperforms Broader Market: What You Need to Know
OXY
Published: February 11, 2025 by: Zacks Investment Research
Sentiment: Positive

In the latest trading session, Occidental Petroleum (OXY) closed at $48.61, marking a +0.48% move from the previous day.

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image for news Occidental Petroleum (OXY) Outperforms Broader Market: What You Need to Know
Earnings Preview: Occidental Petroleum (OXY) Q4 Earnings Expected to Decline
OXY
Published: February 11, 2025 by: Zacks Investment Research
Sentiment: Negative

Occidental (OXY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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image for news Earnings Preview: Occidental Petroleum (OXY) Q4 Earnings Expected to Decline
Billionaire Warren Buffett's Trading Activity Will Be Revealed This Week: Here Are 4 Stocks We Already Know He's Buying or Selling
BAC, BRK-A, BRK-B, OXY, SIRI, VRSN
Published: February 10, 2025 by: The Motley Fool
Sentiment: Positive

You might not realize it, but this could arguably be described as the most important week of data on Wall Street for the first quarter -- and this has nothing to do with the steady stream of operating results being announced by the stock market's most-influential businesses.

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image for news Billionaire Warren Buffett's Trading Activity Will Be Revealed This Week: Here Are 4 Stocks We Already Know He's Buying or Selling

About Occidental Petroleum Corporation (OXY)

  • IPO Date 1981-12-31
  • Website https://www.oxy.com
  • Industry Oil & Gas Exploration & Production
  • CEO Vicki A. Hollub
  • Employees 13323

Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States, the Middle East, Africa, and Latin America. It operates through three segments: Oil and Gas, Chemical, and Midstream and Marketing. The company's Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. Its Chemical segment manufactures and markets basic chemicals, including chlorine, caustic soda, chlorinated organics, potassium chemicals, ethylene dichloride, chlorinated isocyanurates, sodium silicates, and calcium chloride; vinyls comprising vinyl chloride monomer, polyvinyl chloride, and ethylene. The Midstream and Marketing segment gathers, processes, transports, stores, purchases, and markets oil, condensate, NGLs, natural gas, carbon dioxide, and power. This segment also trades around its assets consisting of transportation and storage capacity; and invests in entities. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas.