Occidental Petroleum (OXY) Stock Forecast for 2024–2028. Sell or Buy Prediction







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Occidental Petroleum (OXY) Stock Forecast for 2024–2028. Sell or Buy?

Updated: July 26, 2024 (20:16)

Sector: Energy

The share price of Occidental Petroleum Corp. (OXY) now

Latest session on the 25th of July for
Occidental Petroleum Corp. is positive
Trading Volume: 5711697
Open: 59.84 /  High: 61.05 /  Low: 59.78
What analysts predict: $72.18
52-week High/Low: $70.92 / $54.72

50/200 Day Moving Average: $61.76 / $61.68

This figure corresponds to the Average Price over the previous 50/200 days. For Occidental Petroleum stocks, the 50-day moving average is the resistance level today.

For Occidental Petroleum stocks, the 200-day moving average is the resistance level today.

Are you interested in Occidental Petroleum Corp. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Occidental Petroleum stock price in 2024, 2025, 2026, 2027, 2028. How much will one Occidental Petroleum share be worth in 2024 - 2028?

When should I take profit in Occidental Petroleum stock? When should I record a loss on Occidental Petroleum stock? What are analysts' forecasts for Occidental Petroleum stock? What is the future of Occidental Petroleum stock? We forecast Occidental Petroleum stock performance using neural networks based on historical data on Occidental Petroleum stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

Occidental Petroleum stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2024, 2025, 2026, 2027 and 2028) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for Occidental Petroleum shares. This happens once a day.


Historical and forecast chart of Occidental Petroleum stock

The chart below shows the historical price of Occidental Petroleum stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Occidental Petroleum stock price can be found in the table below.

Long-term forecasts by years.

Occidental Petroleum Corporation is an American oil company. Works in the USA, Latin America and the Middle East. The headquarters is in Los Angeles.

Occidental Petroleum Corporation is the third largest oil supplier in Texas. In 2015, the corporation entered Forbes 2000 – a list of the most stable companies in the world, based on a comparison of income, assets, profit and company value. In the same year, Fortune magazine included Occidental Petroleum in the Fortune 500, the rating of the largest US corporations.

The company was founded in 1920. In 1956, Armand Hammer was brought in to the company. At the time, Occidental Petroleum was run by Dave Harris, Roy Roberts and John Sullivan. In 1957, Harmer was promoted to CEO of the company – over the next ten years, Occidental Petroleum grew to international. Under Harmer’s leadership, the company began working with Libya, Peru, Venezuela, Bolivia and the United Kingdom.

Official site of the company

Occidental Petroleum daily forecast for a month

Date Target Pes. Opt. Vol., %
Jul 28 62.70 61.53 65.03 5.69
Jul 29 62.96 61.23 64.66 5.61
Jul 30 59.19 57.84 60.11 3.93
Jul 31 58.76 57.67 61.55 6.73
Aug 01 58.23 56.00 59.59 6.43
Aug 02 58.58 55.80 61.32 9.89
Aug 03 60.06 59.05 60.99 3.30
Aug 04 59.66 58.12 61.45 5.73
Aug 05 57.05 55.92 59.61 6.61
Aug 06 54.48 52.29 57.06 9.13
Aug 07 52.03 50.47 54.12 7.24
Aug 08 53.46 51.25 55.65 8.57
Aug 09 54.88 54.12 56.62 4.62
Aug 10 55.57 53.40 57.27 7.24
Aug 11 57.80 57.00 59.85 4.99
Aug 12 58.84 57.43 60.85 5.96
Aug 13 57.54 55.15 59.19 7.32
Aug 14 60.99 58.35 63.62 9.03
Aug 15 62.49 59.75 63.76 6.71
Aug 16 61.21 58.31 63.93 9.64
Aug 17 59.78 57.41 61.22 6.62
Aug 18 57.27 54.73 59.50 8.73
Aug 19 60.50 58.94 62.53 6.10
Aug 20 60.50 58.87 61.37 4.25
Aug 21 61.48 59.05 63.32 7.25
Aug 22 61.74 59.07 62.48 5.77
Aug 23 62.96 61.11 65.95 7.91
Aug 24 60.66 59.31 63.28 6.69
Aug 25 58.15 55.60 59.30 6.65
Aug 26 57.73 56.45 58.63 3.87

Occidental Petroleum Daily Price Targets


Occidental Petroleum Stock Forecast 07-28-2024.

Forecast target price for 07-28-2024: $62.70.
Positive dynamics for Occidental Petroleum shares will prevail with possible volatility of 5.380%.
Pessimistic target level: 61.53
Optimistic target level: 65.03

Occidental Petroleum Stock Forecast 07-29-2024.

Forecast target price for 07-29-2024: $62.96.
Positive dynamics for Occidental Petroleum shares will prevail with possible volatility of 5.316%.
Pessimistic target level: 61.23
Optimistic target level: 64.66

Occidental Petroleum Stock Forecast 07-30-2024.

Forecast target price for 07-30-2024: $59.19.
Negative dynamics for Occidental Petroleum shares will prevail with possible volatility of 3.781%.
Pessimistic target level: 57.84
Optimistic target level: 60.11

Occidental Petroleum Stock Forecast 07-31-2024.

Forecast target price for 07-31-2024: $58.76.
Negative dynamics for Occidental Petroleum shares will prevail with possible volatility of 6.301%.
Pessimistic target level: 57.67
Optimistic target level: 61.55

Occidental Petroleum Stock Forecast 08-01-2024.

Forecast target price for 08-01-2024: $58.23.
Negative dynamics for Occidental Petroleum shares will prevail with possible volatility of 6.039%.
Pessimistic target level: 56.00
Optimistic target level: 59.59

Occidental Petroleum Stock Forecast 08-02-2024.

Forecast target price for 08-02-2024: $58.58.
Positive dynamics for Occidental Petroleum shares will prevail with possible volatility of 8.999%.
Pessimistic target level: 55.80
Optimistic target level: 61.32

OXY (OXY) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Aug. 55.38 48.79 57.46 15.08
Sep. 61.98 59.66 68.61 13.05
Oct. 67.03 61.22 70.34 12.96
Nov. 60.54 57.35 65.27 12.14
Dec. 61.57 57.59 68.47 15.90

Occidental Petroleum forecast for this year


Occidental Petroleum Stock Prediction for Aug 2024

An downtrend is forecast for this month with an optimal target price of $55.3849. Pessimistic: $48.79. Optimistic: $57.46


Occidental Petroleum Stock Prediction for Sep 2024

An uptrend is forecast for this month with an optimal target price of $61.9758. Pessimistic: $59.66. Optimistic: $68.61


Occidental Petroleum Stock Prediction for Oct 2024

An uptrend is forecast for this month with an optimal target price of $67.033. Pessimistic: $61.22. Optimistic: $70.34


Occidental Petroleum Stock Prediction for Nov 2024

An downtrend is forecast for this month with an optimal target price of $60.5375. Pessimistic: $57.35. Optimistic: $65.27


Occidental Petroleum Stock Prediction for Dec 2024

An uptrend is forecast for this month with an optimal target price of $61.5666. Pessimistic: $57.59. Optimistic: $68.47



Occidental Petroleum (OXY) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 71.51 63.49 78.07 18.68
Feb 67.50 59.70 72.78 17.97
Mar 65.66 60.53 70.91 14.64
Apr 66.56 58.64 74.81 21.63
May 72.33 64.83 78.35 17.26
Jun 64.70 61.29 72.18 15.09
Jul 69.21 62.03 77.80 20.27
Aug 78.27 68.69 85.32 19.49
Sep 73.35 66.12 83.07 20.41
Oct 85.82 81.73 95.59 14.50
Nov 98.22 86.36 109.41 21.06
Dec 111.74 103.01 120.29 14.37

Occidental Petroleum (OXY) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 102.44 95.82 111.84 14.32
Feb 115.67 101.71 125.50 18.96
Mar 112.33 103.16 122.07 15.49
Apr 102.40 91.60 106.23 13.77
May 103.79 94.26 107.67 12.45
Jun 104.32 99.00 111.95 11.56
Jul 106.27 100.85 114.40 11.84
Aug 106.63 101.37 110.98 8.66
Sep 106.09 100.14 112.40 10.91
Oct 120.52 116.42 133.01 12.48
Nov 103.31 99.44 114.02 12.78
Dec 105.41 91.44 113.84 19.68

Occidental Petroleum (OXY) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 96.09 90.21 100.18 9.95
Feb 88.74 81.05 94.33 14.07
Mar 103.23 90.59 116.56 22.28
Apr 100.95 95.28 107.47 11.34
May 95.45 82.47 99.51 17.12
Jun 111.68 106.18 115.67 8.21
Jul 129.91 123.50 147.57 16.31
Aug 136.97 128.36 141.86 9.52
Sep 144.66 132.36 161.13 17.86
Oct 167.77 155.51 185.17 16.02
Nov 151.80 144.58 167.54 13.71
Dec 139.42 127.33 146.76 13.24

Occidental Petroleum (OXY) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 148.42 131.52 159.02 17.30
Feb 150.69 135.83 166.58 18.45
Mar 153.51 138.90 167.34 17.00
Apr 160.03 152.15 171.19 11.12
May 184.52 163.19 196.13 16.79
Jun 169.15 151.03 179.50 15.86
Jul 192.73 180.28 216.65 16.79
Aug 216.97 208.86 243.16 14.11
Sep 203.33 190.19 227.87 16.53
Oct 226.49 196.07 254.21 22.87
Nov 234.96 217.38 264.51 17.82
Dec 222.97 208.57 232.07 10.13

Occidental Petroleum information and performance

Occidental Petroleum Address

5 GREENWAY PLAZA, SUITE 110, HOUSTON, TX, US

Market Capitalization: 53 260 284 000 $

Market capitalization of the Occidental Petroleum Corp. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of OXY shares in the company outstanding by the market price of one share.

EBITDA: 12 198 000 000 $

EBITDA of Occidental Petroleum is earnings before interest, income tax and depreciation of assets.

PE Ratio: 17.36

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 2.63

Price/earnings to growth

DPS: 0.76

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: 0.0146

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: 3.46

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: -0.248
Quarterly Revenue Growth YOY: -0.173
Trailing PE: 17.36

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 19.16

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 3.148

Enterprise Value (EV) /Revenue

EV To EBITDA: 6.25

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 886637000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A

Occidental Petroleum (OXY) stock dividend

Occidental Petroleum last paid dividends on 06/10/2024. The next scheduled payment will be on 07/15/2024. The amount of dividends is $0.76 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.

Last Split Factor:

Last Split Date: 01/01/1970

Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.

For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.




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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.