Occidental Petroleum Corporation’s Stock Price Soars to $40.63, Witnessing a Positive Leap of 4.39%

Occidental Petroleum Corporation (OXY)

40.63 USD +1.71 (+4.39%) Volume: 13.84M

Occidental Petroleum Corporation’s stock price stands at 40.63 USD, experiencing a positive surge of +4.39% this trading session, with a trading volume of 13.84M. Despite the recent uptick, the stock has seen a decline of -21.23% YTD, reflecting its volatile performance in the market.

Latest developments on Occidental Petroleum Corporation

Occidental Petroleum (OXY) stock has been under scrutiny recently, with analysts questioning its ability to outperform the market. Despite a low price before shareholder returns start, there is optimism surrounding the company’s valuation after recent share price weakness. BofA has trimmed Occidental Petroleum‘s target to $44, while BMO Capital adjusted its price target to $50. Amid geopolitical tensions, Occidental Petroleum shares have found support, indicating potential resilience in the face of market volatility. With new investments and shares being sold, investors are closely watching this energy company for promising developments in the near future.

Occidental Petroleum Corporation on Smartkarma

Analyst coverage of Occidental Petroleum on Smartkarma is diverse, with differing opinions on the company’s future prospects. Baptista Research, in a bullish sentiment, highlights Occidental’s strong operational execution, portfolio reshaping, and balance sheet repair. The sale of OxyChem is seen as a significant step towards concentrating the portfolio on oil and gas, despite potential risks in long-dated growth projects. Suhas Reddy, on the other hand, takes a bearish stance, warning that Occidental’s rush to reduce debt by divesting OxyChem may erode its long-term resilience by sacrificing a steady earnings buffer.

Furthermore, Baptista Research also presents a bullish outlook on Occidental’s potential $10 billion OxyChem deal, which could reshape the company’s future. While discussions are ongoing, no buyer has been named yet. Another report by Baptista Research focuses on Occidental’s financial and operational results in the second quarter of 2025, highlighting the company’s ability to generate cash flow and make progress in debt reduction efforts despite challenges from lower oil prices. Overall, the analyst coverage on Smartkarma provides a comprehensive view of Occidental Petroleum‘s current situation and potential future developments.

A look at Occidental Petroleum Corporation Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Occidental Petroleum Corporation, a company that explores for, develops, produces, and markets crude oil and natural gas, has a mixed outlook according to the Smartkarma Smart Scores. While the company scores moderately in terms of value, resilience, and momentum, its scores for dividend and growth are lower. This suggests that Occidental Petroleum may face challenges in terms of dividend payouts and growth opportunities in the long term.

Despite the mixed scores, Occidental Petroleum remains a key player in the energy sector, with a diverse range of operations including the manufacturing and marketing of basic chemicals, vinyls, and performance chemicals. The company also plays a significant role in gathering, treating, processing, and transporting various energy products. Overall, Occidental Petroleum‘s Smartkarma Smart Scores indicate a cautious outlook for the company’s long-term performance.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
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