Occidental Petroleum Corporation with ticker code (OXY) now have 21 market analysts covering the stock. The analyst consensus now points to a rating of ‘hold’. The range between the high target price and low target price is between $85.00 and $62.00 and has a mean target at $72.05. Given that the stocks previous close was at $62.12 and the analysts are correct then we can expect a percentage increase in value of 16.0%. It’s also worth noting that there is a 50 day moving average of $62.02 and the 200 moving average now moves to $61.68. The company has a market cap of 55.99B. The current share price for the company is: $63.15 USD
The potential market cap would be $64,941,416,243 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 18.25, 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.
