stock.name

Occidental Petroleum Corp.

OXY

Market Cap$53.02B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Occidental Petroleum Corp.Occidental Petroleum Corp.15.21.33%11%2.10.6

Earnings Call Q4 2023

February 15, 2024 - AI Summary

Occidental Petroleum reported strong financial performance in 2023, with $5.5 billion in free cash flow and significant returns to shareholders through dividends, share repurchases, and debt redemption.
The company exceeded its production guidance for the year, driven by record new well productivity rates in domestic assets and record production from Block 9 in Oman.
OxyChem performed exceptionally well, achieving $1.5 billion in pre-tax income for the third time in its history, despite softening product markets.

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$72.25

Target Price by Analysts

15.7% upsideOccidental Petroleum Target Price DetailsTarget Price
$80.43

Current Fair Value

28.8% upside

Undervalued by 28.8% based on the discounted cash flow analysis.

Share Statistics

Market cap$53.02 Billion
Enterprise Value$71.50 Billion
Dividend Yield$0.796 (1.33%)
Earnings per Share$3.65
Beta0.0
Outstanding Shares886,636,750
Avg 30 Day Volume6,163,909

Return

Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio15.21
PEG-56.49
Price to Sales2.08
Price to Book Ratio1.84
Enterprise Value to Revenue2.65
Enterprise Value to EBIT9.58
Enterprise Value to Net Income20
Total Debt to Enterprise0.28
Debt to Equity0.64

Revenue Sources

No data

Insider Trades

ESG Score

No data

About Occidental Petroleum Corp.

11,800 employees
CEO: Vicki Hollub