Occidental Petroleum Corporatio found using ticker (OXY) now have 25 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 60 and 24 with the average target price sitting at 43.24. With the stocks previous close at 39.62 this now indicates there is a potential upside of 9.1%. There is a 50 day moving average of 32 while the 200 day moving average is 29.28. The company has a market cap of $37,359m. Find out more information at: https://www.oxy.com
The potential market cap would be $40,773m 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. The company operates through three segments: Oil and Gas, Chemical, and Marketing and Midstream. 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 company’s 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.
