At the time of writing, Occidental Petroleum Corp [OXY] stock is trading at $47.96, up 0.65%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The OXY shares have gain 4.03% over the last week, with a monthly amount drifted -1.80%, 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.
For the past year, the stock price of Occidental Petroleum Corp fluctuated between $44.70 and $71.18. Currently, Wall Street analysts expect the stock to reach $62 within the next 12 months. Occidental Petroleum Corp [NYSE: OXY] shares were valued at $47.96 at the most recent close of the market. An investor can expect a potential return of 29.27% based on the average OXY price forecast.
Analyzing the OXY fundamentals
According to Occidental Petroleum Corp [NYSE:OXY], the company’s sales were 27.10B for trailing twelve months, which represents an -5.65% plunge. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.79.
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 47.52 points at the first support level, and at 47.08 for the second support level. However, for the 1st resistance point, the stock is sitting at 48.44, and for the 2nd resistance point, it is at 48.91.
Ratios To Look Out For
It is important to note that Occidental Petroleum Corp [NYSE:OXY] has a current ratio of 0.95. As well, the Quick Ratio is 0.73, while the Cash Ratio is 0.22. Considering the valuation of this stock, the price to sales ratio is 1.66, the price to book ratio is 1.74 and price to earnings (TTM) ratio is 19.58.
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.
