Occidental Petroleum Corporation which can be found using ticker (OXY) have now 21 market analysts covering the stock. The analyst consensus now points to a rating of ‘hold’. The target price High/Low ranges between $90.00 and $63.00 suggesting an average Analsyt target price of $72.38. Given that the stocks previous close was at $63.06 this would imply there is now a potential upside of 14.8%. The 50 day MA is $65.23 and the 200 day MA is $62.16. The market cap for the company is 56.20B. The stock price is currently at: $63.38 USD
The potential market cap would be $64,500,441,310 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 18.32, revenue per share of $30.52 and a 4.44% return on assets.
Occidental Petroleum Corporation is an international energy company with assets primarily in the United States, the Middle East and North Africa. The Company operates through three segments: oil and gas, chemical 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 chemical segment primarily manufactures and markets basic chemicals and vinyl’s. The midstream and marketing segment purchases, markets, gathers, processes, transports, and stores oil, NGL, natural gas, carbon dioxide (CO2) and power. Midstream and marketing segment also includes Occidental’s low-carbon venture businesses (OLCV). OLCV develops carbon capture, utilization and storage (CCUS) projects, including the commercialization of DAC technology, and invests in other low-carbon technologies intended to reduce GHG emissions from its operations and partners with other industries to help reduce their emissions.
