Occidental Petroleum Corp.

Occidental Petroleum has three reporting segments: oil and gas, which explores for, develops and produces oil and condensate, natural gas liquids (NGL) and natural gas; chemical, which mainly manufactures and markets basic chemicals (chlorine, caustic soda, chlorinated organics, potassium chemicals, ethylene dichloride, chlorinated isocyanurates, sodium silicates and calcium chloride) and vinyls (vinyl chloride monomer, polyvinyl chloride and ethylene); and marketing and midstream, which purchases, markets, gathers, processes, transports and stores oil, condensate, NGL, natural gas, carbon dioxide and power.
  • TickerOXY
  • ISINUS6745991058
  • ExchangeNew York Stock Exchange
  • SectorOil & Gas Producers
  • CountryUnited States
OXY Occidental Petr... (Oil & Gas)

OCCIDENTAL PETROLEUM sees a downgrade to Slightly Negative on account ...

The independent financial analyst theScreener just lowered the general evaluation of OCCIDENTAL PETROLEUM (US), active in the Exploration & Production industry. As regards its fundamental valuation, the title now shows 1 out of 4 stars while market behaviour can be considered moderately risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Slightly Negative. As of the analysis date July 16, 2021, the closing price was USD 25.94 and its target price was estimated at USD 19.19.

 PRESS RELEASE
OXY Occidental Petr... (Oil & Gas)

Occidental to Announce Second Quarter Results Tuesday, August 3, 2021;...

Occidental to Announce Second Quarter Results Tuesday, August 3, 2021; Hold Conference Call Wednesday, August 4, 2021 HOUSTON, July 08, 2021 (GLOBE NEWSWIRE) -- (NYSE: OXY) will announce its second quarter 2021 financial results after close of market on Tuesday, August 3, 2021, and will hold a conference call to discuss results on Wednesday, August 4, 2021, at 1:00 p.m. Eastern/12:00 p.m. Central. The conference call may be accessed by calling 1-866-871-6512 (international callers dial 1-412-317-5417) or via webcast at . Participants may pre-register for the conference call at . Second...

OXY Occidental Petr... (Oil & Gas)

Occidental Petroleum Corporation - March 2021 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

 PRESS RELEASE
OXY Occidental Petr... (Oil & Gas)

Occidental Announces Continued Progress on Divestment Program with the...

Occidental Announces Continued Progress on Divestment Program with the Sale of Non-Strategic Permian Basin Acreage for $508 Million and Reaffirms 2021 Capital and Production Guidance HOUSTON, June 10, 2021 (GLOBE NEWSWIRE) -- (NYSE: OXY) today announced it has entered into a definitive agreement to sell non-strategic acreage in the Permian Basin to an affiliate of Colgate Energy Partners III, LLC, for $508 million, subject to closing adjustments to reflect an April 1, 2021 effective date. The transaction, which is expected to close in the third quarter of 2021, includes approximately 25,...

 PRESS RELEASE
OXY Occidental Petr... (Oil & Gas)

Occidental Announces 1st Quarter 2021 Results

Occidental Announces 1st Quarter 2021 Results HOUSTON, May 10, 2021 (GLOBE NEWSWIRE) -- (NYSE: OXY) today announced its first quarter 2021 financial results. The announcement and financial schedules can be accessed via the section of the company’s website, . The earnings release is also available on the U.S. Securities and Exchange Commission's website at . The company will hold a conference call on Tuesday, May 11, 2021, at 1 p.m. Eastern/12 p.m. Central. The conference call may be accessed by calling 1-866-871-6512 (international callers dial 1-412-317-5417) or via webcast at . Parti...

Jérôme VINERIER
  • Jérôme VINERIER
OXY Occidental Petr... (Oil & Gas)

Short term view - OCCIDENTAL PETROLEUM CORP : The movement goes on.

The trend is bearish. The movement goes on. The next target is at $66.30, then $61.29. Passing $74.92 would question the continuation of the fall.

Jérôme VINERIER
  • Jérôme VINERIER
OXY Occidental Petr... (Oil & Gas)

Analyse court terme - OCCIDENTAL PETROLEUM CORP : Le mouvement se pour...

La tendance est baissière. Le mouvement se poursuit. Le prochain objectif est à 66,30 $, puis 61,29 $. Le franchissement de 74,92 $ remettrait en cause la suite de la baisse.

Jérôme VINERIER
  • Jérôme VINERIER
OXY Occidental Petr... (Oil & Gas)

Analyse court terme - OCCIDENTAL PETROLEUM CORP : Le mouvement se pour...

La tendance est baissière. Le mouvement se poursuit. Le prochain objectif est à 66,30 $, puis 61,29 $. Le franchissement de 74,92 $ remettrait en cause la suite de la baisse.

Jérôme VINERIER
  • Jérôme VINERIER
OXY Occidental Petr... (Oil & Gas)

Short term view - OCCIDENTAL PETROLEUM CORP : The movement goes on.

The trend is bearish. The movement goes on. The next target is at $66.30, then $61.29. Passing $74.92 would question the continuation of the fall.

Valérie GASTALDY
  • Valérie GASTALDY
 PRESS RELEASE
OXY Occidental Petr... (Oil & Gas)

Occidental to Announce Second Quarter Results Tuesday, August 3, 2021;...

Occidental to Announce Second Quarter Results Tuesday, August 3, 2021; Hold Conference Call Wednesday, August 4, 2021 HOUSTON, July 08, 2021 (GLOBE NEWSWIRE) -- (NYSE: OXY) will announce its second quarter 2021 financial results after close of market on Tuesday, August 3, 2021, and will hold a conference call to discuss results on Wednesday, August 4, 2021, at 1:00 p.m. Eastern/12:00 p.m. Central. The conference call may be accessed by calling 1-866-871-6512 (international callers dial 1-412-317-5417) or via webcast at . Participants may pre-register for the conference call at . Second...

 PRESS RELEASE
OXY Occidental Petr... (Oil & Gas)

Occidental Announces Continued Progress on Divestment Program with the...

Occidental Announces Continued Progress on Divestment Program with the Sale of Non-Strategic Permian Basin Acreage for $508 Million and Reaffirms 2021 Capital and Production Guidance HOUSTON, June 10, 2021 (GLOBE NEWSWIRE) -- (NYSE: OXY) today announced it has entered into a definitive agreement to sell non-strategic acreage in the Permian Basin to an affiliate of Colgate Energy Partners III, LLC, for $508 million, subject to closing adjustments to reflect an April 1, 2021 effective date. The transaction, which is expected to close in the third quarter of 2021, includes approximately 25,...

 PRESS RELEASE
OXY Occidental Petr... (Oil & Gas)

Occidental Announces 1st Quarter 2021 Results

Occidental Announces 1st Quarter 2021 Results HOUSTON, May 10, 2021 (GLOBE NEWSWIRE) -- (NYSE: OXY) today announced its first quarter 2021 financial results. The announcement and financial schedules can be accessed via the section of the company’s website, . The earnings release is also available on the U.S. Securities and Exchange Commission's website at . The company will hold a conference call on Tuesday, May 11, 2021, at 1 p.m. Eastern/12 p.m. Central. The conference call may be accessed by calling 1-866-871-6512 (international callers dial 1-412-317-5417) or via webcast at . Parti...

 PRESS RELEASE
OXY Occidental Petr... (Oil & Gas)

Occidental Announces Dividend

Occidental Announces Dividend HOUSTON, May 06, 2021 (GLOBE NEWSWIRE) -- (NYSE:OXY) said today that its Board of Directors has declared a regular quarterly dividend of $0.01 per share on common stock payable on July 15, 2021, to stockholders of record as of June 10, 2021. About Occidental is an international energy company with assets in the United States, Middle East, Africa and Latin America. We are one of the largest oil producers in the U.S., including a leading producer in the Permian and DJ basins, and offshore Gulf of Mexico. Our midstream and marketing segment provides flow ass...

 PRESS RELEASE
OXY Occidental Petr... (Oil & Gas)

Occidental to Announce First Quarter Results Monday, May 10, 2021; Hol...

Occidental to Announce First Quarter Results Monday, May 10, 2021; Hold Conference Call Tuesday, May 11, 2021 HOUSTON, April 08, 2021 (GLOBE NEWSWIRE) -- (NYSE: OXY) will announce its first quarter 2021 financial results after close of market on Monday, May 10, 2021, and will hold a conference call to discuss results on Tuesday, May 11, 2021, at 1 p.m. Eastern/12 p.m. Central. The conference call may be accessed by calling 1-866-871-6512 (international callers dial 1-412-317-5417) or via webcast at . Participants may pre-register for the conference call at . First quarter 2021 financia...

Valens Research
  • Valens Research
OXY Occidental Petr... (Oil & Gas)

OXY - Embedded Expectations Analysis - 2020 09 30

Occidental Petroleum Corporation (OXY:USA) currently trades at a discount to UAFRS-based (Uniform) assets, with a 0.8x Uniform P/B. At these levels, the market has expectations for profitability to remain muted, but management is excited about the Enhanced Oil Recovery (EOR) business and confident about how they are handling M&A and debt maturities Specifically, management generated an excitement marker when saying that the Enhanced Oil Recovery (EOR business) is going to be critically important for them in the future. Also, they are confident in their ability to restart operation in the Gulf...

Valens Research
  • Valens Research
OXY Occidental Petr... (Oil & Gas)

OXY - Embedded Expectations Analysis - 2020 07 08

Occidental Petroleum Corporation (OXY:USA) currently trades at a discount to UAFRS-based (Uniform) assets, with a 0.9x Uniform P/B. At these levels, the market has expectations for profitability to remain muted, and management may be concerned about their debt position, asset divestitures, and cost reduction efforts Specifically, management may lack confidence in their ability to modify their production processes, mitigate pricing pressures, and divest assets in Algeria and Ghana. In addition, they may be concerned about their debt position, declines in their Enhanced Oil Recovery business, a...

Valens Research
  • Valens Research
OXY Occidental Petr... (Oil & Gas)

OXY - Embedded Expectations Analysis - 2020 02 06

 Occidental Petroleum Corporation (OXY:USA) currently trades below historical averages relative to UAFRS-based (Uniform) Assets, with a 1.1x Uniform P/B. At these levels, the market has muted expectations for the firm, and management may be concerned about their Anadarko acquisition, drilling operations, and low-carbon initiatives  Specifically, management may be exaggerating their ability to address industry headwinds and better execute CO2 enhanced oil recovery through their Anadarko acquisition, and they may be concerned about the value of their investments in new technologies. Moreov...

Dave Meats
  • Dave Meats
OXY Occidental Petr... (Oil & Gas)

Morningstar | Most E&Ps Undervalued After Oil Price Slump; Our Top Pic...

West Texas Intermediate crude oil has fallen from over $65 a barrel in late April to about $54/bbl today, a hair below our midcycle forecast of $55/bbl. The slump has dragged most exploration and production stocks down with it, with 22 of the 23 names we cover now trading below our fair value estimates. The median and mean discounts are 12% and 16%, respectively. We see more upside than that for industry cost leaders like Diamondback Energy and Pioneer Natural Resources, which are better positioned to tolerate weaker prices. And while much-misunderstood Laredo Petroleum does not belong in the ...

Dave Meats
  • Dave Meats
OXY Occidental Petr... (Oil & Gas)

Most E&Ps Undervalued After Oil Price Slump; Our Top Picks Are Diamond...

West Texas Intermediate crude oil has fallen from over $65 a barrel in late April to about $54/bbl today, a hair below our midcycle forecast of $55/bbl. The slump has dragged most exploration and production stocks down with it, with 22 of the 23 names we cover now trading below our fair value estimates. The median and mean discounts are 12% and 16%, respectively. We see more upside than that for industry cost leaders like Diamondback Energy and Pioneer Natural Resources, which are better positio...

OXY Occidental Petr... (Oil & Gas)

Occidental Petroleum Corporation - March 2021 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

OXY Occidental Petr... (Oil & Gas)

Occidental Petroleum Corporation - December 2020 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

OXY Occidental Petr... (Oil & Gas)

Moody's rates Occidental Petroleum's notes issue Ba2

Rating Action: Moody's rates Occidental Petroleum's notes issue Ba2. Global Credit Research- 08 Dec 2020. New York, December 08, 2020-- Moody's Investors Service assigned a Ba2 rating to Occidental Petroleum Corporation's proposed issuance of senior unsecured notes.

OXY Occidental Petr... (Oil & Gas)

Occidental Petroleum Corporation: Update to credit analysis - leverage...

Our credit view of OXY in light of their debt burden and a tumultuous oil and gas industry environment.

OXY Occidental Petr... (Oil & Gas)

Occidental Petroleum Corporation - September 2020 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

OXY Occidental Petr... (Oil & Gas)

OCCIDENTAL PETROLEUM sees a downgrade to Slightly Negative on account ...

The independent financial analyst theScreener just lowered the general evaluation of OCCIDENTAL PETROLEUM (US), active in the Exploration & Production industry. As regards its fundamental valuation, the title now shows 1 out of 4 stars while market behaviour can be considered moderately risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Slightly Negative. As of the analysis date July 16, 2021, the closing price was USD 25.94 and its target price was estimated at USD 19.19.

OXY Occidental Petr... (Oil & Gas)

Ford Equity US Rating and Forecast Report

Ford Equity Research covers more than 4,000 stocks using a proprietary quantitative model that evaluates a company’s earnings strength, its relative valuation and recent price movement. Ford’s five recommendation ratings include strong buy, buy, hold, sell, strong sell. For all stocks in our coverage universe, ratings are generated each week and reflect the fundamental and price data as of the last trading day of the week.

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