Risk factor
Strong trading liquidity
Profitability factor
Somewhat favourable analyst view
In Guru Portfolios
Manager | Fund | Portfolio Weight (%) | Change |
|---|---|---|---|
| Greg Abel | Berkshire Hathaway | 4.3% | -2.25% |
| Steven Cohen | Point72 Asset Management, L.P. | 0.3% | +0.05% |
| Kenneth Griffin | CITADEL ADVISORS LLC | 0.1% | -0.03% |
About
Occidental Petroleum Corp. engages in the exploration and production of oil and natural gas. It operates through the following segments: Oil and Gas, Chemical, and Midstream and Marketing. The Oil and Gas segment explores for, develops and produces oil and condensate, natural gas liquids, and natural gas. The Chemical segment manufactures and markets basic chemicals and vinyls. The Midstream and Marketing segment purchases, markets, gathers, processes, transports and stores oil, condensate, natural gas liquids, natural gas, carbon dioxide, and power. The company was founded in 1920 and is headquartered in Houston, TX.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. In particular, the stock is underpriced on P/E, of fair value on EV/EBIT
Target Price
The average target price of OXY is 71.2 and suggests 11.1% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendation