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Occidental Petroleum (IT:1OXY)
MILAN:1OXY
Holding IT:1OXY?
Track your performance easily
1OXY Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€44.70 - €66.50
Previous Close€46
Volume0.00
Average Volume (3M)83.00
Market Cap
€41.23B
Enterprise Value€58.85B
Total Cash (Recent Filing)$1.84B
Total Debt (Recent Filing)$20.82B
Price to Earnings (P/E)―
BetaN/A
Next Earnings
Nov 12, 2024EPS Estimate
€0.68Last Dividend Ex-Date
Sep 10, 2024Dividend Yield1.69%
Share Statistics
EPS (TTM)N/A
Shares Outstanding905,615,720
10 Day Avg. Volume367
30 Day Avg. Volume83
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)1.75
Price to Sales (P/S)1.66
Price to Cash Flow (P/CF)4.70
P/FCF Ratio19.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.85
Enterprise Value/Gross Profit9.85
Enterprise Value/Ebitda5.51
Forecast
1Y Price Target
€59.63Price Target Upside29.47% Upside
Rating ConsensusHold
Number of Analyst Covering17
Occidental Petroleum News
Bulls Say, Bears Say
Bulls Say
Debt ReductionThe company has announced ~$3.8bn of divestitures to date, well ahead of their targeted $4.5bn within the first 12 months of closing the CrownRock acquisition.
Financial PerformanceOXY delivered a 6%/9% beat on EBITDA compared to MSUSA/Street with volumes in-line and pricing pre-announced.
Production GuidanceOXY increased its F2024 production guidance to 1,290-1,340 mboe/d (vs. 1,220 - 1,280 mboe/d prior).
Bears Say
EarningsThe Q3'24 EPS has been reduced mostly due to lower commodity prices and specifically weaker gas realizations.
Equity IncomeThis would reduce the WES annual equity income contribution by ~$90MM assuming OXY's reduced interest in WES.
ProductionAnalysts estimate slightly higher GOM downtime, taking production for the region to the low end of guidance.
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1OXY FAQ
What was Occidental Petroleum’s price range in the past 12 months?
Occidental Petroleum lowest stock price was €44.70 and its highest was €66.50 in the past 12 months.
What is Occidental Petroleum’s market cap?
Currently, no data Available
When is Occidental Petroleum’s upcoming earnings report date?
Occidental Petroleum’s upcoming earnings report date is Nov 12, 2024 which is in 7 days.
How were Occidental Petroleum’s earnings last quarter?
Occidental Petroleum released its earnings results on Aug 07, 2024. The company reported €0.947 earnings per share for the quarter, beating the consensus estimate of €0.714 by €0.233.
Is Occidental Petroleum overvalued?
According to Wall Street analysts Occidental Petroleum’s price is currently Undervalued.
Does Occidental Petroleum pay dividends?
Occidental Petroleum pays a Quarterly dividend of €0.2 which represents an annual dividend yield of 1.69%. See more information on Occidental Petroleum dividends here
What is Occidental Petroleum’s EPS estimate?
Occidental Petroleum’s EPS estimate is €0.68.
How many shares outstanding does Occidental Petroleum have?
Occidental Petroleum has 905,615,700 shares outstanding.
What happened to Occidental Petroleum’s price movement after its last earnings report?
Occidental Petroleum reported an EPS of €0.947 in its last earnings report, beating expectations of €0.714. Following the earnings report the stock price went up 2.9%.
Which hedge fund is a major shareholder of Occidental Petroleum?
Among the largest hedge funds holding Occidental Petroleum’s share is Berkshire Hathaway Inc. It holds Occidental Petroleum’s shares valued at 16B.
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Occidental Petroleum Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
€59.63 (29.47% Upside)
€59.63 (29.47% Upside)
Blogger Sentiment
Bullish
IT:1OXY Sentiment 89%
Sector Average 71%
Sector Average 71%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-18.01%
12-Months-Change
Fundamentals
Return on Equity
14.44%
Trailing 12-Months
Asset Growth
7.05%
Trailing 12-Months
Company Description
Occidental Petroleum
Occidental Petroleum Corp. engages in the exploration and production of oil and natural gas. It operates through the following segments: Oil and Gas, Chemical, and Midstream and Marketing. The Oil and Gas segment explores for, develops and produces oil and condensate, natural gas liquids and natural gas. The Chemical segment manufactures and markets basic chemicals and vinyls. The Midstream and Marketing segment purchases, markets, gathers, processes, transports and stores oil, condensate, natural gas liquids, natural gas, carbon dioxide, and power. The company was founded in 1920 and is headquartered in Houston, TX.
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1OXY Company Deck
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1OXY Earnings Call
Q2 2024
0:00 / 0:00
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1OXY Stock 12 Month Forecast
Average Price Target
€59.63
▲(29.47% Upside)
Technical Analysis
Best Analysts Covering 1OXY
1 Year
1 Year Success Rate
12/19 ratings generated profit
1 Year Average Return
+25.48%
reiterated a buy rating 10 months ago
Copying John Freeman's trades and holding each position for 1 Year would result in 63.16% of your transactions generating a profit, with an average return of +25.48% per trade.
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