Added to YB: 2025-05-22
Pitch date: 2025-04-05
OXY [bullish]
Occidental Petroleum Corporation
+4.97%
current return
Author Info
No bio for this author
Company Info
Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States and internationally.
Market Cap
$42.1B
Pitch Price
$38.29
Price Target
100.00 (+143%)
Dividend
2.25%
EV/EBITDA
5.09
P/E
30.75
EV/Sales
2.69
Sector
Oil, Gas and Consumable Fuels
Category
turnaround
Tesla, Inc. - $TSLA
OXY: Despite 37% share decline, strong Permian Basin well performance (39% above peers). Closed CrownRock acquisition, Berkshire now owns 30%, paid down $4.5B debt YTD. Oil price drop (WTI -28%) pressuring stock. Targeting debt reduction from $25B to $15B by 2027. At midcycle prices ($75 oil), expect $8 EPS, $100 price target (12x).
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