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: June 23, 2024 (17:34)

Sector: Energy

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

Latest session on the 21st of June for
Occidental Petroleum Corp. is negative
Trading Volume: 21295011
Open: 62.69 /  High: 62.77 /  Low: 60.72
What analysts predict: $71.72
52-week High/Low: $70.92 / $54.72

50/200 Day Moving Average: $63.78 / $61.94

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., %
Jun 25 62.12 59.66 63.72 6.81
Jun 26 63.12 62.33 64.79 3.95
Jun 27 63.69 61.51 65.30 6.15
Jun 28 63.46 61.44 65.36 6.38
Jun 29 63.54 62.01 64.68 4.30
Jun 30 67.31 64.16 69.86 8.88
Jul 01 67.76 64.54 70.93 9.89
Jul 02 66.29 63.31 68.00 7.41
Jul 03 67.41 65.87 70.28 6.69
Jul 04 66.48 65.24 68.67 5.26
Jul 05 66.83 65.31 68.48 4.85
Jul 06 67.11 65.34 68.93 5.48
Jul 07 69.25 68.38 70.08 2.49
Jul 08 73.07 70.88 74.91 5.69
Jul 09 76.49 75.39 78.24 3.77
Jul 10 76.95 73.95 79.81 7.93
Jul 11 81.06 79.21 83.59 5.53
Jul 12 83.10 80.01 86.59 8.23
Jul 13 80.36 77.56 84.17 8.52
Jul 14 78.29 75.37 81.20 7.73
Jul 15 77.82 74.60 78.75 5.57
Jul 16 76.65 74.26 79.41 6.94
Jul 17 77.25 73.91 80.86 9.41
Jul 18 80.91 79.84 83.87 5.05
Jul 19 79.16 76.31 81.54 6.85
Jul 20 83.34 82.14 85.04 3.53
Jul 21 79.64 76.10 80.69 6.03
Jul 22 81.50 77.64 83.17 7.12
Jul 23 79.89 78.88 81.71 3.59
Jul 24 79.41 77.41 80.41 3.88

Occidental Petroleum Daily Price Targets


Occidental Petroleum Stock Forecast 06-25-2024.

Forecast target price for 06-25-2024: $62.12.
Positive dynamics for Occidental Petroleum shares will prevail with possible volatility of 6.376%.
Pessimistic target level: 59.66
Optimistic target level: 63.72

Occidental Petroleum Stock Forecast 06-26-2024.

Forecast target price for 06-26-2024: $63.12.
Positive dynamics for Occidental Petroleum shares will prevail with possible volatility of 3.800%.
Pessimistic target level: 62.33
Optimistic target level: 64.79

Occidental Petroleum Stock Forecast 06-27-2024.

Forecast target price for 06-27-2024: $63.69.
Positive dynamics for Occidental Petroleum shares will prevail with possible volatility of 5.794%.
Pessimistic target level: 61.51
Optimistic target level: 65.30

Occidental Petroleum Stock Forecast 06-28-2024.

Forecast target price for 06-28-2024: $63.46.
Negative dynamics for Occidental Petroleum shares will prevail with possible volatility of 6.000%.
Pessimistic target level: 61.44
Optimistic target level: 65.36

Occidental Petroleum Stock Forecast 06-29-2024.

Forecast target price for 06-29-2024: $63.54.
Positive dynamics for Occidental Petroleum shares will prevail with possible volatility of 4.126%.
Pessimistic target level: 62.01
Optimistic target level: 64.68

Occidental Petroleum Stock Forecast 06-30-2024.

Forecast target price for 06-30-2024: $67.31.
Positive dynamics for Occidental Petroleum shares will prevail with possible volatility of 8.152%.
Pessimistic target level: 64.16
Optimistic target level: 69.86

OXY (OXY) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Jul. 71.28 64.85 77.21 16.01
Aug. 81.09 72.13 87.85 17.89
Sep. 82.19 75.21 85.27 11.80
Oct. 75.21 72.01 77.76 7.40
Nov. 70.09 61.04 74.50 18.07
Dec. 80.22 74.08 86.63 14.48

Occidental Petroleum forecast for this year


Occidental Petroleum Stock Prediction for Jul 2024

An uptrend is forecast for this month with an optimal target price of $71.2764. Pessimistic: $64.85. Optimistic: $77.21


Occidental Petroleum Stock Prediction for Aug 2024

An uptrend is forecast for this month with an optimal target price of $81.0912. Pessimistic: $72.13. Optimistic: $87.85


Occidental Petroleum Stock Prediction for Sep 2024

An uptrend is forecast for this month with an optimal target price of $82.194. Pessimistic: $75.21. Optimistic: $85.27


Occidental Petroleum Stock Prediction for Oct 2024

An downtrend is forecast for this month with an optimal target price of $75.2075. Pessimistic: $72.01. Optimistic: $77.76


Occidental Petroleum Stock Prediction for Nov 2024

An downtrend is forecast for this month with an optimal target price of $70.0934. Pessimistic: $61.04. Optimistic: $74.50


Occidental Petroleum Stock Prediction for Dec 2024

An uptrend is forecast for this month with an optimal target price of $80.2219. Pessimistic: $74.08. Optimistic: $86.63



Occidental Petroleum (OXY) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 79.40 74.81 82.51 9.33
Feb 79.00 74.97 87.46 14.28
Mar 79.67 74.79 89.29 16.23
Apr 83.33 78.79 87.44 9.88
May 80.78 76.52 89.84 14.83
Jun 69.38 61.71 76.10 18.91
Jul 75.75 70.21 83.22 15.63
Aug 88.37 80.41 92.88 13.43
Sep 82.36 76.06 86.42 11.99
Oct 84.04 80.90 89.61 9.73
Nov 87.90 77.44 92.53 16.31
Dec 84.16 74.86 92.89 19.41

Occidental Petroleum (OXY) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 91.74 80.20 97.83 18.02
Feb 91.90 86.74 99.87 13.14
Mar 87.84 84.40 95.16 11.30
Apr 82.46 76.01 89.47 15.04
May 86.53 82.56 94.32 12.48
Jun 90.06 82.25 100.93 18.51
Jul 102.92 98.72 110.62 10.76
Aug 105.89 101.57 114.53 11.32
Sep 111.83 101.19 116.21 12.92
Oct 111.83 106.32 120.20 11.55
Nov 121.15 112.91 133.51 15.43
Dec 111.26 105.59 123.56 14.54

Occidental Petroleum (OXY) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 113.72 109.47 125.90 13.05
Feb 115.46 101.72 124.88 18.55
Mar 113.11 100.61 124.45 19.16
Apr 103.88 97.70 116.77 16.33
May 95.05 86.65 102.32 15.32
Jun 93.11 89.47 96.75 7.53
Jul 88.68 82.35 96.52 14.68
Aug 86.26 80.99 93.30 13.20
Sep 90.37 85.61 99.59 14.04
Oct 92.21 81.55 98.49 17.19
Nov 80.14 73.47 90.23 18.57
Dec 82.46 73.21 90.17 18.81

Occidental Petroleum (OXY) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 75.59 69.81 84.20 17.09
Feb 76.62 69.32 82.61 16.08
Mar 88.86 85.39 96.87 11.85
Apr 101.10 89.76 113.99 21.26
May 98.86 95.00 111.47 14.78
Jun 113.32 97.91 118.71 17.53
Jul 107.15 97.14 118.45 17.99
Aug 119.18 110.47 129.92 14.97
Sep 117.15 109.98 126.51 13.07
Oct 123.13 116.85 133.80 12.67
Nov 126.27 114.89 143.01 19.66
Dec 133.56 118.12 144.46 18.23

Occidental Petroleum information and performance

Occidental Petroleum Address

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

Market Capitalization: 55 361 614 000 $

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: 18.05

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: 0.0141

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: 18.05

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.