Commodity Price VulnerabilityCommodity (oil) prices appear vulnerable in 2025, raising concerns about further debt reduction and asset sales.
Leverage ConcernsDespite expected inorganic growth, share price upside potential is limited as OXY remains over-leveraged compared to its peers.
Macroeconomic RisksOXY is exposed to significant macroeconomic risks, as earnings are closely tied to price volatility of oil, NGLs, natural gas, and other chemical products.