Occidental Petroleum Corp. Stock
Pros and Cons of Occidental Petroleum Corp. in the next few years
Pros
Cons
Performance of Occidental Petroleum Corp. vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Occidental Petroleum Corp. | 1.100% | 7.876% | 15.670% | -7.205% | 25.276% | -22.859% | 96.114% |
| Diamondback Energy | 1.040% | -3.765% | 9.073% | -1.634% | 11.872% | 5.244% | 150.000% |
| ConocoPhillips | 0.770% | -0.608% | 12.033% | 1.063% | 17.751% | -6.604% | 113.492% |
| EOG Resources Inc. | 0.910% | 0.019% | 13.260% | -16.896% | 15.942% | -4.209% | 77.402% |
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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.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
News
Occidental Petroleum Stock Rocketed More Than 10% in January (but the Big Move Came in February)
January was a good month for investors who owned Occidental Petroleum (NYSE: OXY), as the stock rose 10%. That's not actually so unusual, given the inherent volatility of the energy sector.
However
Stock Market Today, Feb. 20: Kosmos Energy Surges After Ghana Extends Licenses to 2040 and Details $2B Drilling Plan
Kosmos Energy (NYSE:KOS), deep-water oil and gas exploration and production, closed Friday at $2.16, up 22.03%. The stock moved higher after Ghana ratified license extensions on Kosmos Energy’s core
How This Buzzword Helped Occidental Petroleum Overcome Lower Oil Prices to Deliver Strong Fourth-Quarter Results
Oil and gas giant Occidental Petroleum (NYSE: OXY) recently reported better-than-expected fourth-quarter financial results. Its adjusted earnings of $0.31 per share blew past the analysts' consensus