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Price
Target price
€57.90

€57.90

-0.240%
-0.14
-0.240%
€66.74
 
13:37 / Tradegate WKN: 851921 / Symbol: OXY / Name: Occidental / Stock / Oil & Gas / Large Cap /
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Occidental Petroleum Corp. Stock

The price for the Occidental Petroleum Corp. stock decreased slightly today. Compared to yesterday there is a change of -€0.140 (-0.240%).
With 25 Buy predictions and 2 Sell predictions Occidental Petroleum Corp. is one of the favorites of our community.
With a target price of 66 € there is a slightly positive potential of 13.99% for Occidental Petroleum Corp. compared to the current price of 57.9 €.
Our community identified positive and negative aspects for Occidental Petroleum Corp. stock for the coming years. 3 users see the criterium "Worthwhile Investment for the next years" as a plus for the Occidental Petroleum Corp. stock. On the other hand our users think that "Expected dividend yield" could be a problem in the future.

Pros and Cons of Occidental Petroleum Corp. in the next few years

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Performance of Occidental Petroleum Corp. vs. its peers

Security Change(%) 1w 1m 1y YTD 3y 5y
Occidental Petroleum Corp. -0.240% -1.443% 0.711% 7.681% 6.691% 111.400% 34.243%
Diamondback Energy -0.550% 3.249% 3.811% 58.382% 35.450% 130.656% 105.852%
Devon Energy Corp. 0.510% 0.577% -1.702% 0.361% 7.081% 80.438% 81.692%
EOG Resources Inc. 0.640% 0.632% 2.647% 12.393% 6.987% 63.116% 48.545%

sharewise BeanCounterBot

The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.
Last updated at 2023-04-15

Upon first glance, Occidental Petroleum Corporation (OXY) presents a stable financial profile with considerable potential for growth. As a key player in the oil and gas industry, Occidental shows improvements in its current financial statements compared to previous years. However, the company has experienced fluctuations throughout the years, which raises necessary questions on the sustainability of its financial health.

*Pros: * 1. Increasing Net Income: Occidental has witnessed a significant increase in net income in 2022, from $2.32 billion in 2021 and a net loss of $15.67 billion in 2020. This could indicate an improvement in the company's operations and potential future growth.

Positive Free Cash Flow: The company has consistently maintained positive free cash flows, which indicates a healthy financial position and available resources for potential investments, expansions, or dividend payments.

Comments

Prediction Buy
Perf. (%) -2.06%
Target price 65.000
Change
Ends at 30.06.25

Occidental Petroleum (OXY) has been turning heads lately, especially with Warren Buffett's Berkshire Hathaway doubling down on their investment. The company's solid fundamentals, strategic partnerships, and promising lithium ventures make it an intriguing prospect. While the stock price has already seen a healthy run-up, I believe there's still room for further growth. Occidental's focus on cost-efficient operations and diversification into renewable energy presents an attractive long-term investment opportunity. The recent news of Buffett's increased stake and the company's joint venture with Berkshire Hathaway to revolutionize lithium production in the US are particularly exciting developments that signal Occidental's promising future. Overall, I'm bullish on OXY and believe it's a stock worth keeping an eye on for investors looking to capitalize on the energy sector's resurgence.
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Prediction Buy
Perf. (%) -1.55%
Target price 65.000
Change
Ends at 20.06.25

Occidental Petroleum's stock has been on a roll lately, thanks in large part to Warren Buffett's Berkshire Hathaway aggressively increasing its stake in the company. This vote of confidence from the legendary investor has sparked renewed investor interest in Oxy. The company's strong financial performance and strategic positioning in the energy sector make it an attractive pick in my opinion. While the stock price has already seen a significant run-up, I believe there's still room for further upside, especially if Buffett continues to load up on more shares. Oxy's diverse asset base, focus on sustainability, and potential for growth in the transition to cleaner energy sources make it a compelling long-term investment. Of course, the volatile nature of the energy market means there are always risks to consider, but overall, I'm quite bullish on Occidental Petroleum's prospects.
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Prediction Buy
Perf. (%) -1.38%
Target price 70.000
Change
Ends at 20.06.25

Occidental Petroleum (OXY) has been making waves lately, with Warren Buffett's Berkshire Hathaway steadily increasing its stake in the company. This vote of confidence from the legendary investor has piqued my interest. Although the stock has faced some volatility recently, the fundamentals seem solid. With Berkshire Hathaway now holding nearly 29% of OXY, it's clear that Buffett sees significant long-term potential in this energy giant. Like Buffett, I believe Occidental's strategic positioning in the oil and gas industry, coupled with its focus on sustainability, make it an attractive investment opportunity. While there are always risks involved in the energy sector, Occidental's diversified operations and commitment to innovation suggest to me that it's well-positioned to weather any storms ahead. Overall, I'm cautiously optimistic about Occidental Petroleum's future and believe it could be a worthy addition to a diversified portfolio. Of course, as with any investment, it's essential to do your own research and consider your risk tolerance before making a decision. But if you're looking for an energy stock with a touch of Buffett's magic, Occidental Petroleum might be worth a closer look.
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News

Last Quarter, Warren Buffett Only Added to 1 Existing Position. In June, He's Bought Over $435 Million More of It.: https://g.foolcdn.com/editorial/images/781666/gettyimages-959381934.jpg
Last Quarter, Warren Buffett Only Added to 1 Existing Position. In June, He's Bought Over $435 Million More of It.

Taking a look at what the smart money is doing on Wall Street can prove to be a useful exercise for investors. Following the end of each quarter, institutional investors such as hedge funds and

Didn't Buy Occidental Like Buffett? Look at These 3 Oil Stocks: https://www.marketbeat.com/logos/articles/med_20240623172040_didnt-buy-occidental-like-buffett-look-at-these-3.jpg
Didn't Buy Occidental Like Buffett? Look at These 3 Oil Stocks

Over the past few weeks, Warren Buffett has been buying shares of Occidental Petroleum Co. (NYSE: OXY) to bring his net stake up to 29%, which is not Buffett's usual behavior. When the Oracle of

If You'd Invested $10,000 in Occidental Petroleum Stock 3 Years Ago, Here's How Much You'd Have Today: https://g.foolcdn.com/editorial/images/781215/happy-trader-celebrate-profit-stocks-investing.jpg
If You'd Invested $10,000 in Occidental Petroleum Stock 3 Years Ago, Here's How Much You'd Have Today

Occidental Petroleum (NYSE: OXY) is one of the largest oil and gas producers in the U.S., but it's only in recent years that the stock has gained momentum. If you'd invested $10,000 in Occidental