Occidental Petroleum Corporation with ticker code (OXY) now have 22 market analysts covering the stock. The analyst consensus now points to a rating of ‘hold’. The target price High/Low ranges between $85.00 and $62.00 and has a mean share price target at $72.18. (at the time of writing). Given that the stocks previous close was at $60.53 this now indicates there is a potential upside of 19.2%. Also worth taking note is the 50 day moving average now sits at $61.66 and the 200 day MA is $61.65. The market cap for the company is 53.68B. The stock price is currently at: $60.54 USD
The potential market cap would be $64,008,030,045 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 17.5, 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.
