Occidental Petroleum Corporation
(OXY)
63.41 USD +0.12
Closed: 17 May, 3:55 pm
Symbol OXY
Market Cap 56.2B
Price 63.41
Open 62.98
52-wk High 71.19
50 Day Avg 65.26
Earnings Announcement 2024-07-31
Website https://www.oxy.com
Name Occidental Petroleum Corporation
Shares Outstanding 886,637,000
Change % 0.875%
Low 62.67
52-wk Low 55.12
200 Day Avg 62.16
Last Dividend 0.88
Exchange NYSE
Volume 6,578,446
Previous Close 62.86
High 63.55
EPS 3.46
PE 18.33
Avg Volume 7,554,670
CUSIP 674599105
Occidental Petroleum Corporation Outlook
Description Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States, the Middle East, Africa, and Latin America. It operates through three segments: Oil and Gas, Chemical, and Midstream and Marketing. The company's Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. Its Chemical segment manufactures and markets basic chemicals, including chlorine, caustic soda, chlorinated organics, potassium chemicals, ethylene dichloride, chlorinated isocyanurates, sodium silicates, and calcium chloride; vinyls comprising vinyl chloride monomer, polyvinyl chloride, and ethylene. The Midstream and Marketing segment gathers, processes, transports, stores, purchases, and markets oil, condensate, NGLs, natural gas, carbon dioxide, and power. This segment also trades around its assets consisting of transportation and storage capacity; and invests in entities. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas.
Currency USD
ISIN US6745991058
Industry Oil & Gas Exploration & Production
Changes 0.55
CUSIP 674599105
Range 55.12 - 71.19
Beta 1.66
CIK 0000797468

Occidental Petroleum Corporation News

15-May-2024 9:45 AM

Wall Street Thinks These 3 Buffett Stock Picks Have Up to 21% Upside

Is anyone surprised that when Warren Buffett and Berkshire Hathaway Inc. (NYSE: BRK-A) part with shares of Apple Inc.

15-May-2024 9:45 AM

Wall Street Thinks These 3 Buffett Stock Picks Have Up to 21% Upside

Is anyone surprised that when Warren Buffett and Berkshire Hathaway Inc. (NYSE: BRK-A) part with shares of Apple Inc.

15-May-2024 7:16 AM

Better Warren Buffett Oil Stock: Chevron Vs. Occidental Petroleum

Chevron and Occidental Petroleum are two of Berkshire Hathaway's largest holdings. They have strong businesses and solid growth prospects.

14-May-2024 1:24 PM

Merger Mayhem: FTC's Oil Sector Crackdown Puts These 3 Pending Deals at Risk

ExxonMobil (NYSE: XOM ) recently completed its $60 billion acquisition of Pioneer Natural Resources. The deal expands the oil and gas giant's presence in the oil-rich Permian basin.

13-May-2024 11:21 PM

Oxy Beats EPS Estimates in Q1 2024

Occidental Petroleum's EPS for Q1 2024 topped analyst expectations but was down significantly from 2023. Total average global production was 1.17 million barrels of oil equivalent per day, down 4% year over year.

12-May-2024 7:23 AM

The Smartest Oil Stocks to Buy With $1,000 Right Now

Warren Buffett's holding company, Berkshire Hathaway, owns several oil stocks. Occidental Petroleum and Chevron are two of the largest positions.

11-May-2024 4:38 AM

3 No-Brainer Warren Buffett Stocks to Buy Right Now

There's arguably no company in the world that's better at marketing and branding than Coca-Cola. Occidental Petroleum looks like most of its peers on the surface.

10-May-2024 2:00 PM

The 3 Most Undervalued Oil & Gas Stocks to Buy in May 2024

The oil market continues to look for direction. After running up above $85 a barrel to start the year, West Texas Intermediate crude oil, the American standard, is back below $80 as tensions in the Middle East ease and on growing signs that the U.S. economy is slowing.

09-May-2024 6:03 AM

Occidental Petroleum's Profits Slump (but a Recovery Appears to Be Ahead)

Lower oil and gas prices weighed on Occidental Petroleum's first-quarter results. The company sees several catalysts driving free-cash-flow growth in the future.

09-May-2024 6:00 AM

7 Blue-Chip Stocks That Can Triple in the Next 24 Months

Blue-chip stocks are generally associated with slow and steady returns. However, there can be exceptions when blue-chip stocks move like growth stocks.

08-May-2024 2:52 PM

Occidental says CrownRock deal could close by August

Occidental Petroleum Chief Executive Vicki Hollub on Wednesday said the company hopes to close the acquisition of shale oil producer CrownRock before the second-quarter earnings call, which typically happens in early August.