Added to YB: 2025-08-19
Pitch date: 2025-08-17
OXY [neutral]
Occidental Petroleum Corporation
-5.57%
current return
Author Info
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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
$43.49
Price Target
52.00 (+27%)
Dividend
2.25%
EV/EBITDA
5.09
P/E
30.75
EV/Sales
2.69
Sector
Oil, Gas and Consumable Fuels
Category
growth
OXY's Q2 Review: Let the Value Capture Begin
OXY (earnings update): Decent Q2 w/ $700M FCF ($1B w/working capital) despite $64 WTI. Cut $500M in costs ($200M opex, $300M capex), saved $700-800M in cash taxes via OBBB. Stratos DAC plant on track, pre-sold carbon credits. New XRG JV for DAC in South Texas w/$500M investment. $1B FCF uplift by 2026 vs 2025 as capex rolls off. Potential $4-5B FCF in low-$60s oil = ~10% yield.
Read full article (6 min)