Occidental Petroleum Corporatio with ticker code (OXY) have now 23 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 90 and 43 with the average target price sitting at 73.57. With the stocks previous close at 68.9 this is indicating there is a potential upside of 6.8%. The 50 day moving average now sits at 61.96 and the 200 day moving average is 42.13. The company has a market capitalisation of $61,086m. Find out more information at: https://www.oxy.com
The potential market cap would be $65,226m based on the market concensus.
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.
