That’s why I Feel Comfortable With Occidental Petroleum Corp’s (OXY) Future

Currently, Occidental Petroleum Corp [OXY] is trading at $44.84, up 2.12%. 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 6.99% over the last week, with a monthly amount glided 2.23%, and 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 April 11, 2025, when Scotiabank downgraded its rating to a Sector Perform but kept the price target unchanged to $40 for it. Previously, TD Cowen downgraded its rating to Hold on April 08, 2025, and kept the price target unchanged to $45. On March 10, 2025, downgrade downgraded it’s rating to Outperform and revised its price target to $64 on the stock. Goldman downgraded its rating to a Sell and decreased its price target to $45 on January 31, 2025.

This stock has fluctuated between a low of $34.78 and a high of $64.75 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $53.33 within the next 12 months. Occidental Petroleum Corp [NYSE: OXY] shares were valued at $44.84 at the most recent close of the market. An investor can expect a potential return of 18.93% based on the average OXY price forecast.

Analyzing the OXY fundamentals

Trailing Twelve Months sales for Occidental Petroleum Corp [NYSE:OXY] were 27.80B which represents 11.22% growth. Gross Profit Margin for this corporation currently stands at 0.37% with Operating Profit Margin at 0.2%, 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 0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.75.

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 44.13 points at the first support level, and at 43.42 for the second support level. However, for the 1st resistance point, the stock is sitting at 45.26, and for the 2nd resistance point, it is at 45.67.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Occidental Petroleum Corp [NYSE:OXY] is 1.01. Also, the Quick Ratio is 0.79, while the Cash Ratio stands at 0.27. Considering the valuation of this stock, the price to sales ratio is 1.59, the price to book ratio is 1.60 and price to earnings (TTM) ratio is 18.15.

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.

Related Posts

MZP News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.