October 1, 2024 Investor Beware: Port Strike Puts Key Stocks And Sectors At Risk
September 30, 2024 Market Movers: Jobs Report and Key Earnings in Focus
September 19, 2024 Federal Reserve’s Aggressive Move Hints At Bold Economic Strategy
September 11, 2024 Top Stocks For Smart Investment Choices
Microsoft Stock Is Way Too Expensive Given These Risks Piling Up
Is A. O. Smith A Good Buy Ahead Of Its Q3 Results?
Tesla: I Would Rather ‘Sell The Rumor’
Microsoft: Back To Basics
October 3, 2024 Your Path to Profits: The Best Trading Platforms for New Traders
October 3, 2024 Mastering Trading Indicators: Your Essential Toolkit For Success
April 23, 2024 Maximizing Profits: When is the Right Time to Sell Your Business?
April 12, 2024 Improve Your Financial Status: A How-To Guide
Occidental Petroleum (OXY) Stock Forecast for 2024, 2025, 2026. Sell or Buy?
Updated: October 10, 2024 (14:20)
Sector: EnergyThe share price of Occidental Petroleum Corp. (OXY) now
News Impact Analyzer
Full report|
This Week
|
Bullish | Impact: 5 | News: 2 (1/1/0) |
|
Previous Week
|
Bullish | Impact: 5 | News: 2 (2/0/0) |
|
Two Weeks Ago
|
Na | Impact: Na | News: Na |
|
Three Weeks Ago
|
Bullish | Impact: 1.13 | News: 2 (1/0/1) |
Analyzing the Most Important OXY news
Occidental Petroleum Rides Seven-Day Winning Streak Amid Middle East Tensions and DOE Funding Boost
Big Oil Favors Stability in Biden's Climate Law - Hedging Against a Trump Overhaul
Occidental's 1PointFive Secures $36M for CO2 Sequestration Expansion
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.
Comprehensive Analysis of Occidental Petroleum (OXY) Stock Market Performance
Our multifaceted analysis of Occidental Petroleum's stock market is grounded in the company's key news stories, insights from reputable analysts, as well as mathematical and technical evaluations. Taking into account assessments from each of these aspects in real-time helps us address the most crucial questions for investors in the most objective way possible:
- 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.
Occidental Petroleum Corp. News influencing stock rates
As of now, Panda has combed through 6 news items directly related to OXY from the last 30 days. Out of these, 4 clearly showcase a bullish trend, while 1 display bearish tendencies, and 1 events are neutral.
The strength of the bullish trend outpaces the bearish sentiments by 3.88 times, indicating that the news backdrop is positively influencing the company’s stock price in the current outlook.
The news analyzed fell within the period from Sep 12, 2024, to Oct 07, 2024.
Middle East Tensions Propel Oil Prices Higher, Eyes on Iran's Oil Assets
Gulf Oil Drillers Grapple with Hurricane Aftermath
Occidental's South Texas DAC Hub Secures $500M DoE Boost
Tropical Storm Francine: A Double-Edged Sword for Energy Markets
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.
Occidental Petroleum daily forecast for a month
| Date | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Oct 12 | 55.29 | 52.90 | 57.61 | 8.90 |
| Oct 13 | 56.12 | 54.33 | 58.07 | 6.88 |
| Oct 14 | 54.60 | 52.80 | 55.39 | 4.90 |
| Oct 15 | 54.47 | 53.17 | 55.71 | 4.80 |
| Oct 16 | 56.24 | 54.31 | 57.66 | 6.15 |
| Oct 17 | 56.95 | 54.62 | 58.52 | 7.13 |
| Oct 18 | 58.65 | 57.95 | 60.70 | 4.74 |
| Oct 19 | 57.60 | 56.35 | 58.67 | 4.11 |
| Oct 20 | 56.60 | 55.31 | 57.85 | 4.61 |
| Oct 21 | 57.62 | 56.41 | 59.86 | 6.13 |
| Oct 22 | 56.54 | 53.90 | 58.65 | 8.81 |
| Oct 23 | 59.09 | 56.96 | 60.51 | 6.22 |
| Oct 24 | 58.88 | 57.82 | 60.82 | 5.19 |
| Oct 25 | 57.22 | 55.57 | 59.07 | 6.30 |
| Oct 26 | 60.34 | 58.89 | 61.64 | 4.67 |
| Oct 27 | 63.78 | 62.06 | 65.39 | 5.36 |
| Oct 28 | 62.63 | 61.39 | 64.70 | 5.39 |
| Oct 29 | 61.28 | 58.45 | 62.71 | 7.30 |
| Oct 30 | 61.90 | 60.05 | 63.02 | 4.95 |
| Oct 31 | 63.46 | 62.24 | 64.53 | 3.67 |
| Nov 01 | 64.76 | 62.31 | 66.93 | 7.42 |
| Nov 02 | 66.16 | 63.46 | 68.46 | 7.88 |
| Nov 03 | 68.02 | 65.86 | 70.39 | 6.88 |
| Nov 04 | 71.12 | 67.71 | 74.41 | 9.89 |
| Nov 05 | 72.96 | 69.98 | 75.54 | 7.94 |
| Nov 06 | 77.12 | 74.80 | 78.74 | 5.26 |
| Nov 07 | 78.14 | 75.32 | 79.12 | 5.04 |
| Nov 08 | 75.28 | 71.75 | 77.71 | 8.31 |
| Nov 09 | 77.31 | 74.99 | 78.93 | 5.26 |
| Nov 10 | 77.59 | 74.75 | 80.66 | 7.91 |
Occidental Petroleum Daily Price Targets
Occidental Petroleum Stock Forecast 10-12-2024.
Forecast target price for 10-12-2024: $55.29.
Positive dynamics for Occidental Petroleum shares will prevail with possible volatility of 8.177%.
Pessimistic target level: 52.90
Optimistic target level: 57.61
Occidental Petroleum Stock Forecast 10-13-2024.
Forecast target price for 10-13-2024: $56.12.
Positive dynamics for Occidental Petroleum shares will prevail with possible volatility of 6.436%.
Pessimistic target level: 54.33
Optimistic target level: 58.07
Occidental Petroleum Stock Forecast 10-14-2024.
Forecast target price for 10-14-2024: $54.60.
Negative dynamics for Occidental Petroleum shares will prevail with possible volatility of 4.673%.
Pessimistic target level: 52.80
Optimistic target level: 55.39
Occidental Petroleum Stock Forecast 10-15-2024.
Forecast target price for 10-15-2024: $54.47.
Negative dynamics for Occidental Petroleum shares will prevail with possible volatility of 4.576%.
Pessimistic target level: 53.17
Optimistic target level: 55.71
Occidental Petroleum Stock Forecast 10-16-2024.
Forecast target price for 10-16-2024: $56.24.
Positive dynamics for Occidental Petroleum shares will prevail with possible volatility of 5.794%.
Pessimistic target level: 54.31
Optimistic target level: 57.66
Occidental Petroleum Stock Forecast 10-17-2024.
Forecast target price for 10-17-2024: $56.95.
Positive dynamics for Occidental Petroleum shares will prevail with possible volatility of 6.656%.
Pessimistic target level: 54.62
Optimistic target level: 58.52
OXY (OXY) Monthly Stock Prediction for 2024
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Nov. | 51.37 | 46.31 | 53.47 | 13.39 |
| Dec. | 52.95 | 49.44 | 59.52 | 16.94 |
Occidental Petroleum forecast for this year
Occidental Petroleum Stock Prediction for Nov 2024
An downtrend is forecast for this month with an optimal target price of $51.3744. Pessimistic: $46.31. Optimistic: $53.47
Occidental Petroleum Stock Prediction for Dec 2024
An uptrend is forecast for this month with an optimal target price of $52.9465. Pessimistic: $49.44. Optimistic: $59.52
Occidental Petroleum (OXY) Monthly Stock Prediction for 2025
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 56.82 | 49.57 | 59.23 | 16.31 |
| Feb | 50.25 | 43.59 | 52.90 | 17.60 |
| Mar | 41.79 | 40.02 | 44.07 | 9.19 |
| Apr | 47.69 | 44.28 | 53.93 | 17.89 |
| May | 55.31 | 53.43 | 59.92 | 10.83 |
| Jun | 55.87 | 51.31 | 59.77 | 14.14 |
| Jul | 53.88 | 46.64 | 57.45 | 18.81 |
| Aug | 50.03 | 48.16 | 52.50 | 8.26 |
| Sep | 44.84 | 39.74 | 48.50 | 18.08 |
| Oct | 39.43 | 35.61 | 43.12 | 17.41 |
| Nov | 38.83 | 37.38 | 40.74 | 8.26 |
| Dec | 38.17 | 35.96 | 39.92 | 9.91 |
Occidental Petroleum (OXY) Monthly Stock Prediction for 2026
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 38.75 | 33.94 | 41.78 | 18.76 |
| Feb | 38.42 | 36.92 | 42.01 | 12.13 |
| Mar | 43.65 | 39.27 | 48.47 | 18.98 |
| Apr | 42.24 | 39.15 | 44.46 | 11.95 |
| May | 45.11 | 40.13 | 46.95 | 14.54 |
| Jun | 38.28 | 36.14 | 43.30 | 16.54 |
| Jul | 36.98 | 35.47 | 38.93 | 8.88 |
| Aug | 38.05 | 33.27 | 39.86 | 16.55 |
| Sep | 37.99 | 36.31 | 40.25 | 9.79 |
| Oct | 40.51 | 38.03 | 45.46 | 16.36 |
| Nov | 46.91 | 44.12 | 50.58 | 12.77 |
| Dec | 43.88 | 39.78 | 46.79 | 14.99 |
Occidental Petroleum information and performance
5 GREENWAY PLAZA, SUITE 110, HOUSTON, TX, US
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 of Occidental Petroleum is earnings before interest, income tax and depreciation of assets.
P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit
Price/earnings to growth
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.
Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.
EPS shows how much of the net profit is accounted for by the common share.
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 P/E uses projections of future earnings instead of final numbers.
Enterprise Value (EV) /Revenue
The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).
Number of issued ordinary shares
Number of freely tradable shares
Shares Short Prior Month - the number of shares in short positions in the last month.
Occidental Petroleum (OXY) stock dividend
Occidental Petroleum last paid dividends on 09/10/2024. The next scheduled payment will be on 10/15/2024. The amount of dividends is $0.8 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 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.
