Occidental Petroleum Corporation with ticker code (OXY) have now 22 confirmed analysts covering the stock with the consensus suggesting a rating of ‘hold’. The target price High/Low ranges between $85.00 and $63.00 calculating the average target share price we see $71.77. (at the time of writing). Given that the stocks previous close was at $57.46 this now indicates there is a potential upside of 24.9%. Also worth taking note is the 50 day moving average now sits at $60.59 and the 200 day moving average is $61.26. The company has a market cap of 52.17B. The stock price is currently at: $56.94 USD
The potential market cap would be $65,160,381,994 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 14.75, 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.
