# Occidental Petroleum Corporation  Share Price Target ‘$71.17’, now 28.5% Upside Potential

- Link: https://www.directorstalkinterviews.com/occidental-petroleum-corporation-share-price-target-71.17-now-28.5-upside-potential/4121170193
- Published: 2024-09-04T14:20:40+01:00
- Author: Charlotte Edwards

**Occidental Petroleum Corporation** with ticker code (OXY) now have 23 analysts
in total covering the stock. The consensus rating is pointing to ‘hold’. The range
between the high target price and low target price is between $85.00 and $62.00 
with the average share target price sitting at $71.17. (at the time of writing).
Now with the previous closing price of $55.40 this would imply there is now a potential
upside of 28.5%. The day 50 moving average is $59.66 while the 200 day moving average
is $60.95. The company has a market cap of 50.81B. Currently the stock stands at:
$55.46 USD

 The potential market cap would be $65,276,359,537 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 14.37, revenue per share of $30.61 and a 4.54% 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.

Share on: