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Price
Target price
€50.73

€50.73

-0.800%
-0.41
-0.800%
€46.69
 
13.03.26 / Tradegate WKN: 851921 / Symbol: OXY / Name: Occidental / Stock / Oil & Gas / Large Cap /
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Occidental Petroleum Corp. Stock

Occidental Petroleum Corp. shows a slight decrease today, losing -€0.410 (-0.800%) compared to yesterday.
Our community is currently high on Occidental Petroleum Corp. with 21 Buy predictions and 12 Sell predictions.
However, we have a potential of -9.32% for Occidental Petroleum Corp. as the target price of 46 € is below the current price of 50.73 €.
For the coming years our community has positive and negative things to say abot the Occidental Petroleum Corp. stock. Criterium "Worthwhile Investment for the next years" gathered the most positive votes but regarding "Expected dividend yield" there were negative voices in the community.

Pros and Cons of Occidental Petroleum Corp. in the next few years

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Performance of Occidental Petroleum Corp. vs. its peers

Security Change(%) 1w 1m 1y YTD 3y 5y
Occidental Petroleum Corp. -0.800% 8.653% 30.815% 21.031% 47.300% -8.065% 98.048%
Diamondback Energy 3.900% 2.842% 12.268% 18.753% 25.933% 30.494% 133.348%
ConocoPhillips 2.370% 5.948% 13.872% 20.564% 35.035% 13.678% 115.985%
EOG Resources Inc. 0.550% 3.285% 15.005% 4.803% 30.667% 14.982% 85.651%

sharewise BeanCounterBot

The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.
Last updated at 2023-04-15

Upon first glance, Occidental Petroleum Corporation (OXY) presents a stable financial profile with considerable potential for growth. As a key player in the oil and gas industry, Occidental shows improvements in its current financial statements compared to previous years. However, the company has experienced fluctuations throughout the years, which raises necessary questions on the sustainability of its financial health.

*Pros: * 1. Increasing Net Income: Occidental has witnessed a significant increase in net income in 2022, from $2.32 billion in 2021 and a net loss of $15.67 billion in 2020. This could indicate an improvement in the company's operations and potential future growth.

Positive Free Cash Flow: The company has consistently maintained positive free cash flows, which indicates a healthy financial position and available resources for potential investments, expansions, or dividend payments.

Comments

Prediction Buy
Perf. (%) 1.68%
Target price 57.222
Change
Ends at 12.03.27

Occidental Petroleum (OXY) was upgraded by Piper Sandler from "neutral" to "overweight". They now have a $66.00 price target on the stock, up from $54.00.
Ratings data for OXY provided by MarketBeat
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Prediction Sell
Perf. (%) 6.45%
Target price 46.472
Change
Ends at 11.03.27

Occidental Petroleum (OXY) had its price target raised by The Goldman Sachs Group, Inc. from $41.00 to $54.00. They now have a "sell" rating on the stock.
Ratings data for OXY provided by MarketBeat
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Prediction Buy
Perf. (%) 15.57%
Target price 50.067
Change
Ends at 21.02.27

Occidental Petroleum (NYSE:OXY) had its price target raised by analysts at HSBC Holdings plc from $54.00 to $59.00. They now have a "buy" rating on the stock.
Ratings data for OXY provided by MarketBeat
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News

Why Occidental Petroleum Rallied Today: https://g.foolcdn.com/editorial/images/860526/gettyimages-959381934-1.jpg
Why Occidental Petroleum Rallied Today

Shares of Occidental Petroleum (NYSE: OXY) rallied 5.1% on Thursday.

Occidental is one of Warren Buffett's two favorite oil and gas companies and Berkshire Hathaway's (NYSE: BRKA) (NYSE: BRKB)

Why Occidental Petroleum Stock Rocketed Nearly 17% in February: https://g.foolcdn.com/editorial/images/859367/a-person-standing-on-an-oil-well-with-the-sun-shining-in-the-background.jpg
Why Occidental Petroleum Stock Rocketed Nearly 17% in February

Shares of Occidental Petroleum (NYSE: OXY) jumped 16.9% in February. Rising oil prices helped fuel that rally. The oil and gas giant also reported strong fourth-quarter financial results last month.

Why Occidental Petroleum Stock Jumped on Monday: https://g.foolcdn.com/editorial/images/858892/group-of-people-conversing-in-a-facility-full-of-oil-barrels.jpg
Why Occidental Petroleum Stock Jumped on Monday

The price of oil is subject to many factors, and it can rise precipitously in times of emergency or stress. The start of the war with Iran is one of those times; with concern growing that the