Occidental Petroleum Corp [NYSE: OXY] gained 1.30% or 0.56 points to close at $43.56 with a heavy trading volume of 7732128 shares.
It opened the trading session at $43.15, the shares rose to $43.83 and dropped to $43.04, the range by which the price of stock traded the whole day. The daily chart for OXY points out that the company has recorded -16.18% loss over the past six months.
If we look at the average trading volume of 11.67M shares, OXY reached to a volume of 7732128 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Occidental Petroleum Corp [OXY]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for OXY shares is $50.04 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on OXY stock is a recommendation set at 2.63. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Scotiabank have made an estimate for Occidental Petroleum Corp shares, keeping their opinion on the stock as Sector Perform, with their previous recommendation back on April 11, 2025. The new note on the price target was released on April 08, 2025, representing the official price target for Occidental Petroleum Corp stock. Previously, the target price had yet another drop from $81 to $64, while Raymond James kept a Outperform rating on OXY stock. On January 31, 2025, analysts decreased their price target for OXY shares from 54 to 45.
The Price to Book ratio for the last quarter was 1.55, with the Price to Cash per share for the same quarter was set at 2.67. Price to Free Cash Flow for OXY in the course of the last twelve months was 9.66 with Quick ratio for the last quarter at 0.79.
Trading performance analysis for OXY stock
Occidental Petroleum Corp [OXY] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.04. With this latest performance, OXY shares dropped by -4.54% in over the last four-week period, additionally sinking by -16.18% over the last 6 months – not to mention a drop of -11.84% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for OXY stock in for the last two-week period is set at 49.15, with the RSI for the last a single of trading hit 1.26, and the three-weeks RSI is set at 1.30 for Occidental Petroleum Corp [OXY]. The present Moving Average for the last 50 days of trading for this stock 43.35, while it was recorded at 43.27 for the last single week of trading, and 46.81 for the last 200 days.
Occidental Petroleum Corp [OXY]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Occidental Petroleum Corp [OXY] shares currently have an operating margin of 22.82% and a Gross Margin at 36.13%. Occidental Petroleum Corp’s Net Margin is presently recorded at 8.67%.
Occidental Petroleum Corp (OXY) Capital Structure & Debt Analysis
According to recent financial data for Occidental Petroleum Corp. ( OXY), the Return on Equity (ROE) stands at 9.43%, suggesting modest shareholder returns. The Return on Assets (ROA) is 3.88%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Occidental Petroleum Corp’s Return on Invested Capital (ROIC) is 4.10%, showcasing its effectiveness in deploying capital for earnings.
Occidental Petroleum Corp (OXY) Efficiency & Liquidity Metrics
Based on Occidental Petroleum Corp’s (OXY) latest financial statements, the Debt-to-Equity Ratio is 0.75%, indicating its reliance on debt financing relative to shareholder equity.
Occidental Petroleum Corp (OXY) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Occidental Petroleum Corp. (OXY) effectively leverages its workforce, generating an average of $180890.19 per employee. The company’s liquidity position is robust, with a Current Ratio of 1.01% and a Quick Ratio of 0.79%, indicating strong ability to cover short-term liabilities.
Occidental Petroleum Corp [OXY]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for OXY. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Occidental Petroleum Corp go to 2.70%.
An analysis of Institutional ownership at Occidental Petroleum Corp [OXY]
There are presently around $49.53%, or 68.06% of OXY stock, in the hands of institutional investors. The top three institutional holders of OXY stocks are: BERKSHIRE HATHAWAY INC with ownership of 255.28 million shares, which is approximately 28.5614%. DODGE & COX, holding 78.36 million shares of the stock with an approximate value of $$4.94 billion in OXY stocks shares; and DODGE & COX, currently with $$3.54 billion in OXY stock with ownership which is approximately 6.2753%.