Occidental Petroleum
About: Occidental Petroleum is an independent exploration and production company with operations in the United States, Latin America, and the Middle East. At the end of 2023, the company reported net proved reserves of nearly 4 billion barrels of oil equivalent. Net production averaged 1,234 thousand barrels of oil equivalent per day in 2023 at a ratio of roughly 50% oil and natural gas liquids and 50% natural gas.
Employees: 12,570
0
Funds holding %
of 6,790 funds
0
Analysts bullish %
of 17 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
18% more repeat investments, than reductions
Existing positions increased: 464 | Existing positions reduced: 392
9% more funds holding in top 10
Funds holding in top 10: 23 [Q2] → 25 (+2) [Q3]
2% less funds holding
Funds holding: 1,195 [Q2] → 1,173 (-22) [Q3]
4.73% less ownership
Funds ownership: 81.81% [Q2] → 77.07% (-4.73%) [Q3]
14% less first-time investments, than exits
New positions opened: 133 | Existing positions closed: 155
19% less capital invested
Capital invested by funds: $45.7B [Q2] → $37.2B (-$8.55B) [Q3]
35% less call options, than puts
Call options by funds: $1.52B | Put options by funds: $2.34B
Research analyst outlook
17 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$55
13%
upside
Avg. target
$63
29%
upside
High target
$78
61%
upside
17 analyst ratings
5 positive
29%
11 neutral
65%
1 negative
6%
Citigroup Scott Gruber 36% 1-year accuracy 9 / 25 met price target | 16%upside $56 | Neutral Maintained | 26 Nov 2024 |
Raymond James John Freeman 41% 1-year accuracy 12 / 29 met price target | 61%upside $78 | Strong Buy Maintained | 21 Nov 2024 |
UBS Josh Silverstein 71% 1-year accuracy 22 / 31 met price target | 20%upside $58 | Neutral Maintained | 18 Nov 2024 |
Susquehanna Biju Perincheril 32% 1-year accuracy 19 / 59 met price target | 34%upside $65 | Positive Maintained | 14 Nov 2024 |
Stephens & Co. Mike Scialla 75% 1-year accuracy 21 / 28 met price target | 46%upside $71 | Overweight Maintained | 13 Nov 2024 |
Financial journalist opinion
Based on 39 articles about OXY published over the past 30 days
Negative
Finbold
15 hours ago
This Warren Buffett stock just traded ‘below the danger zone'
Occidental Petroleum (NYSE: OXY), part of Warren Buffett's Berkshire Hathaway (NYSE: BRK.A) portfolio, has extended losses to levels not seen in over two years.
Positive
24/7 Wall Street
1 day ago
“Drill, Baby, Drill!” Stocks to Watch
When asked about what he plans to do when he takes office, President Trump's two priorities were to close the border with Mexico and “Drill, Baby, Drill!
Positive
The Motley Fool
1 day ago
5 Top Stocks to Buy in December
The end of the year can spur myriad feelings when deciding which stocks are the best buys.
Neutral
Seeking Alpha
2 days ago
Buffett's November DiviDog Pile Had No 'Safer' Buys
Berkshire Hathaway's portfolio includes diverse blue chips and lesser-known growth stocks, with 25 dividend-paying stocks analyzed for yield-based investment opportunities. Top Berkshire dividend stocks like Kraft Heinz and Sirius XM meet the dogcatcher ideal, offering dividends from $1K investments exceeding their share prices. Analysts project net gains of 4.31% to 25.75% for top Berkshire stocks by November 2025, with an average estimated gain of 13.83%.
Positive
The Motley Fool
3 days ago
3 No-Brainer Warren Buffett Dividend Stocks to Buy in December
It's no secret that Warren Buffett-led Berkshire Hathaway (BRK.A 0.07%) (BRK.B -0.01%) has been a net seller of stocks in 2024 -- trimming positions in top holdings like Apple and Bank of America. The sales have added to Berkshire's cash position, which now sits at a record $325 billion.
Positive
The Motley Fool
3 days ago
3 Unstoppable Stocks Billionaire Warren Buffett Wants to Own for 2025
It's been a banner year for Wall Street, and an even better year for billionaire Warren Buffett. Through Nov. 27, shares of Berkshire Hathaway (BRK.A 0.07%) (BRK.B -0.01%) have catapulted higher by 33.4%, which would represent its best annual return since 1998.
Positive
Zacks Investment Research
6 days ago
Here is What to Know Beyond Why Occidental Petroleum Corporation (OXY) is a Trending Stock
Zacks.com users have recently been watching Occidental (OXY) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Positive
The Motley Fool
1 week ago
Billionaire Warren Buffett Has Invested $91 Billion (at Cost) in These 2 Unstoppable Stocks
Few if any billionaire money managers are more revered on Wall Street than Berkshire Hathaway's (BRK.A 0.30%) (BRK.B 0.24%) CEO Warren Buffett. Since ascending to the role of CEO in the mid-1960s, the Oracle of Omaha has overseen a cumulative return that surpasses 5,771,000%, as of the closing bell on Nov. 22.
Positive
The Motley Fool
1 week ago
Should You Buy Warren Buffett Dividend Stocks Chevron and Occidental Petroleum While Oil Is Under $70 a Barrel?
For decades, investors have turned to Warren-Buffett-led Berkshire Hathaway for ideas, his sentiment on the market, and top stocks to buy.
Positive
Zacks Investment Research
1 week ago
Occidental Drops 15.5% in Six Months: How to Play the Stock?
OXY's strong presence in the Permian Basin and contribution from international assets are boosting its performance amid the adverse impact of fluctuating commodity prices.
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