Occidental Petroleum Corp.

Occidental Petroleum Corp.

OXY

Market Cap$40.13B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Occidental Petroleum Corp.Occidental Petroleum Corp.12.42.21%8%1.40.6

Earnings Call Q1 2025

May 8, 2025 - AI Summary

Strong First Quarter Performance: Occidental Petroleum generated $3 billion in operating cash flow, producing over 1.39 million barrels of oil equivalent (BOE) per day, meeting production guidance. Operating costs in the domestic oil and gas segment were significantly lower than expected at $9.05 per BOE.
Strategic Cost and Capital Optimization: The company has successfully reduced capital expenditures (CapEx) guidance by $200 million for the year, leveraging operational efficiencies in the Permian Basin and Gulf of America projects. Additionally, operating expenses (OpEx) are now guided down to $8.65 per BOE, reflecting ongoing efforts to manage costs effectively.
Oman Contract Extension and Discoveries: Occidental is in advanced negotiations to extend its Block 53 contract in Oman until 2050, potentially unlocking over 800 million gross barrels of additional resources. Furthermore, a recent gas and condensate discovery in North Oman shows promise for future production enhancements.

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$53.00

Target Price by Analysts

27.9% upsideOccidental Petroleum Target Price DetailsTarget Price
$101.90

Current Fair Value

145.9% upside

Undervalued by 145.9% based on the discounted cash flow analysis.

Share Statistics

Market cap$40.13 Billion
Enterprise Value$59.61 Billion
Dividend Yield$0.9 (2.20696419813634%)
Earnings per Share$2.56
Beta0.81
Outstanding Shares941,300,000

Return

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

Valuation & Multiples

P/E Ratio12.37
PEG228.78
Price to Sales1.43
Price to Book Ratio1.12
Enterprise Value to Revenue2.16
Enterprise Value to EBIT13.91
Enterprise Value to Net Income20
Total Debt to Enterprise0.37
Debt to Equity0.64

Revenue Sources

No data

Insider Trades

ESG Score

No data

About Occidental Petroleum Corp.

11,800 employees
CEO: Vicki Hollub