# Occidental Petroleum Corporation – Consensus ‘hold’ rating and 13.7% Upside Potential

- Link: https://www.directorstalkinterviews.com/occidental-petroleum-corporation-consensus-hold-rating-and-13.7-upside-potential/4121165637
- Published: 2024-07-22T13:09:32+01:00
- Author: Charlotte Edwards

**Occidental Petroleum Corporation** which can be found using ticker (OXY) now have
22 market analysts covering the stock. The analyst consensus now points to a rating
of ‘hold’. The range between the high target price and low target price is between
$85.00 and $62.00 calculating the mean target price we have $72.46. Given that the
stocks previous close was at $63.73 this indicates there is a potential upside of
13.7%. Also worth taking note is the 50 day moving average now sits at $61.84 while
the 200 day moving average is $61.61. The market capitalization for the company 
is 55.97B. The stock price is currently at: $63.13 USD

 The potential market cap would be $63,640,860,068 based on the market consensus.

The company has a dividend yield of 0.89%. Other points of data to note are a P/
E ratio of 18.25, revenue per share of $30.52 and a 4.44% return on assets.

Occidental Petroleum Corporation is an international energy company with assets 
primarily in the United States, the Middle East and North Africa. The Company operates
through three 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 primarily manufactures
and markets basic chemicals and vinyl’s. The midstream and marketing segment purchases,
markets, gathers, processes, transports, and stores oil, NGL, natural gas, carbon
dioxide (CO2) and power. Midstream and marketing segment also includes Occidental’s
low-carbon venture businesses (OLCV). OLCV develops carbon capture, utilization 
and storage (CCUS) projects, including the commercialization of DAC technology, 
and invests in other low-carbon technologies intended to reduce GHG emissions from
its operations and partners with other industries to help reduce their emissions.

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