Occidental Petroleum Corporation with ticker code (OXY) now have 23 analysts in total covering the stock. The consensus rating is pointing to ‘hold’. The range between the high target price and low target price is between $85.00 and $62.00 calculating the mean target price we have $71.04. Now with the previous closing price of $53.74 this would imply there is now a potential upside of 32.2%. It’s also worth noting that there is a 50 day moving average of $59.09 and the 200 day moving average is $60.84. The market cap for the company is 47.67B. Currently the stock stands at: $52.03 USD
The potential market cap would be $63,015,582,854 based on the market consensus.
The company has a dividend yield of 0.89%. Other points of data to note are a P/E ratio of 13.48, revenue per share of $30.61 and a 4.54% 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.
