Occidental Petroleum Corp [OXY] stock prices are down -0.39% to $46.10 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The OXY shares have gain 1.30% over the last week, with a monthly amount drifted -4.71%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Occidental Petroleum Corp [NYSE: OXY] stock has seen the most recent analyst activity on March 10, 2025, when Raymond James downgraded its rating to a Outperform and also revised its price target to $64 from $81. Previously, Goldman downgraded its rating to Sell on January 31, 2025, and dropped its price target to $45. In a note dated May 16, 2024, Truist downgraded an Hold rating on this stock and revised its target price from $84 to $69.
The stock price of Occidental Petroleum Corp [OXY] has been fluctuating between $44.70 and $71.18 over the past year. Currently, Wall Street analysts expect the stock to reach $62 within the next 12 months. Occidental Petroleum Corp [NYSE: OXY] shares were valued at $46.10 at the most recent close of the market. An investor can expect a potential return of 34.49% based on the average OXY price forecast.
Analyzing the OXY fundamentals
The Occidental Petroleum Corp [NYSE:OXY] reported sales of 27.10B for trailing twelve months, representing a drop of -5.65%. Gross Profit Margin for this corporation currently stands at 0.36% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.09 and Total Capital is 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.79.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 45.73 points at the first support level, and at 45.35 for the second support level. However, for the 1st resistance point, the stock is sitting at 46.53, and for the 2nd resistance point, it is at 46.96.
Ratios To Look Out For
It’s worth pointing out that Occidental Petroleum Corp [NYSE:OXY]’s Current Ratio is 0.95. Also, the Quick Ratio is 0.73, while the Cash Ratio stands at 0.22. Considering the valuation of this stock, the price to sales ratio is 1.60, the price to book ratio is 1.67 and price to earnings (TTM) ratio is 18.82.
Transactions by insiders
Recent insider trading involved BERKSHIRE HATHAWAY INC, 10% Owner, that happened on Feb 07 ’25 when 0.76 million shares were purchased. 10% Owner, BERKSHIRE HATHAWAY INC completed a deal on Dec 19 ’24 to buy 3.61 million shares. Meanwhile, 10% Owner BERKSHIRE HATHAWAY INC bought 2.81 million shares on Dec 18 ’24.
