Occidental Petroleum Corp
NYSE:OXY
Intrinsic Value
Occidental Petroleum Corp. engages in the exploration and production of oil and natural gas. [ Read More ]
The intrinsic value of one OXY stock under the Base Case scenario is 66.832 USD. Compared to the current market price of 64.565 USD, Occidental Petroleum Corp is Undervalued by 3%.
Valuation Backtest
Occidental Petroleum Corp
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Fundamental Analysis
Occidental Reports Strong 2023 Results
2023-Q4 Earnings Call
In 2023, Occidental celebrated a banner year driven by expert teams who leveraged advanced technologies across their portfolio, generating $5.5 billion in free cash flow. This financial strength funded $600 million in dividends, $1.8 billion in share repurchases, and $1.5 billion in preferred share redemptions. Production surpassed guidance by 43,000 BOE per day, thanks to record well productivity. Their global proved reserves grew from 3.8 to 4.0 billion BOE, indicating robust resource replenishment. OxyChem outperformed with $1.5 billion in pretax income and continued progress on the STRATOS air capture facility. Strategic movements, such as acquiring CrownRock, enhanced their oil and gas portfolio. Occidental aims to repay $4.5 billion in debt, prioritizing debt reduction to strengthen financial standing.
Balance Sheet Decomposition
Occidental Petroleum Corp
Current Assets | 8.4B |
Cash & Short-Term Investments | 1.4B |
Receivables | 3.2B |
Other Current Assets | 3.8B |
Non-Current Assets | 65.6B |
Long-Term Investments | 3.2B |
PP&E | 59.7B |
Other Non-Current Assets | 2.8B |
Current Liabilities | 9.1B |
Accounts Payable | 3.6B |
Accrued Liabilities | 4.3B |
Other Current Liabilities | 1.2B |
Non-Current Liabilities | 34.6B |
Long-Term Debt | 18.5B |
Other Non-Current Liabilities | 16.1B |
Earnings Waterfall
Occidental Petroleum Corp
Revenue
|
28.3B
USD
|
Cost of Revenue
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-11.3B
USD
|
Gross Profit
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17B
USD
|
Operating Expenses
|
-10.6B
USD
|
Operating Income
|
6.4B
USD
|
Other Expenses
|
-2.6B
USD
|
Net Income
|
3.8B
USD
|
Free Cash Flow Analysis
Occidental Petroleum Corp
What is Free Cash Flow?
OXY Profitability Score
Profitability Due Diligence
Occidental Petroleum Corp's profitability score is 59/100. The higher the profitability score, the more profitable the company is.
Score
Occidental Petroleum Corp's profitability score is 59/100. The higher the profitability score, the more profitable the company is.
OXY Solvency Score
Solvency Due Diligence
Occidental Petroleum Corp's solvency score is 39/100. The higher the solvency score, the more solvent the company is.
Score
Occidental Petroleum Corp's solvency score is 39/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
OXY Price Targets Summary
Occidental Petroleum Corp
According to Wall Street analysts, the average 1-year price target for OXY is 67.588 USD with a low forecast of 58.58 USD and a high forecast of 84 USD.
Ownership
OXY Insider Trading
Buy and sell transactions by insiders
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Shareholder Return
OXY Price
Occidental Petroleum Corp
Average Annual Return | 21.57% |
Standard Deviation of Annual Returns | 78.08% |
Max Drawdown | -86% |
Market Capitalization | 56.8B USD |
Shares Outstanding | 879 499 008 |
Percentage of Shares Shorted | 10.62% |
OXY News
Last Important Events
Occidental Petroleum Corp
Significant happenings or occurrences that are of interest to investors. These could be company-specific developments or market-wide shifts.
Sentiment Analysis
Occidental Petroleum Corp
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
Occidental Petroleum Corp. engages in the exploration and production of oil and natural gas. The company is headquartered in Houston, Texas and currently employs 11,678 full-time employees. The firm primarily conducts its ongoing exploration and production activities in the United States, the Middle East and North Africa. Within the United States, it has operations in Texas, New Mexico and Colorado, as well as offshore in the Gulf of Mexico. The firm operates through three reporting segments: oil and gas, chemical and midstream and marketing. The oil and gas segment explores for, develops and produces oil (which includes condensate), natural gas liquids (NGL) and natural gas. The chemical segment (OxyChem) primarily manufactures and markets basic chemicals and vinyls. The midstream and marketing segment purchases, markets, gathers, processes, transports and stores oil (which includes condensate), NGL, natural gas, carbon dioxide (CO2) and power. Its midstream and marketing segment also includes Occidental’s low carbon ventures (OLCV) businesses.
Contact
IPO
Employees
Officers
The intrinsic value of one OXY stock under the Base Case scenario is 66.832 USD.
Compared to the current market price of 64.565 USD, Occidental Petroleum Corp is Undervalued by 3%.