Overall Fundamental outlook

Business Operations:

Sector: Energy
Industry: Oil & Gas E&P

Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States and internationally. It operates through Oil and Gas and Midstream and Marketing. The Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. This segment also optimizes its transportation and storage capacity and invests in entities. The Midstream and Marketing segment purchases, markets, gathers, processes, transports and stores oil, condensate, NGLs, natural gas, carbon dioxide, and power. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas.

Revenue projections:

Revenue projections for OXY
Revenue projections for OXY

OXY's revenue is forecasted to dip below last year's figures, raising concerns for investors who are typically wary of declining financial performance. Such drops can directly affect the company's bottom line, potentially leading to a decrease in overall profitability, making investors more cautious in their decisions.

Financial Ratios:

currentRatio 0.936000
forwardPE 16.388546
debtToEquity 63.804000
earningsGrowth 0.000000
revenueGrowth 1.489000
grossMargins 0.698190
operatingMargins 0.103090
trailingEps 1.350000
forwardEps 3.582380

OXY's Forward PE is in a strong range, indicating that its stock price compares well with its earnings. The stock is not considered overpriced, leaving ample room for growth and making it a promising option for investors looking for value and future returns.
OXY's forward EPS exceeding its trailing EPS means that the company is expected to increase profitability in the current financial year. This reflects improved earnings potential, signaling that OXY is likely to outperform its previous year's financial performance.

Price projections:

Price projections for OXY
Price projections for OXY

OXY's price has consistently hovered around the lower end of analysts' projections. This pattern may reflect concerns regarding the company's ability to achieve its anticipated growth.

Insider Transactions:

Insider Transactions for OXY
Insider Transactions for OXY


OXY had 1 buy transactions, with market price of 38.91999816894531.During the review period, no buy transactions were executed.The higher volume of sells at OXY's current price levels could indicate a potential decline. If this selling trend persists, the stock might continue to fall as investor confidence wanes, leading to more downward pressure.

Recommendation changes over time:

Recommendations trend for OXY
Recommendations trend for OXY


Analysts have maintained a buy bias for Occidental Petroleum Corporation, which could prompt investors to consider the stock as a viable investment. With this positive outlook, Occidental Petroleum Corporation is positioned as an attractive option for those looking to park their money in a stable and potentially lucrative company.