Key Takeaways OXY has gained 18.8% in two months, beating the industry's rally of 12.2%. Strategic CrownRock acquisition and Permian focus are boosting output and cutting operating costs. Despite strong gains, OXY faces pressure from falling earnings estimates and a lack of commodity hedging.Occidental Petroleum Corporation’s (OXY) shares have gained 18.8% in the last two months compared with the Zacks Oil and Gas-Integrated-United States industry’s rally of 12.2%.The company operates in a very competitiv ...

Key Takeaways Occidental plans to drill up to 565 Permian wells in 2025, with the region supplying 55% of total output. OXY projects a 15% cut in drilling time and 11% lower well costs thanks to technology upgrades. OXY controls 2.9 million acres in the Permian, which includes conventional and unconventional zones.Occidental Petroleum Corporation (OXY) is among the largest operators in the Permian Basin, a major hub for U.S. oil and gas production. The company has strengthened its footprint in the region ...

A month has gone by since the last earnings report for Occidental Petroleum (OXY) . Shares have added about 0.9% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Occidental due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts.How Have Estimates Been Moving Since Then?I ...

A lot has changed about Occidental Petroleum (OXY -1.18%) since around 2020. Some of the changes were good and some weren't, though how you view the company may depend a little bit on your approach to investing.Occidental Petroleum has some very well-known supporters, but does that make it a buy while the shares trade below $45?What does Occidental Petroleum do?Occidental Petroleum, which is usually just shortened to Oxy, is a large business, with a market cap of around $40 billion. However, large is a rela ...

Occidental Petroleum Corporation (NYSE: OXY ) is the largest operator in the Permian Basin , a key area for shale oil production in the US. The company has an international presence and significant operationsHi, I'm Martin, I focus on maintaining a delta neutral portfolio. I want to be long/short at the same time and benefit from market volatility. I specialize in using options through which I enter and exit trades. I look for market opportunities primarily in small companies, and my search takes me into th ...

I last analyzed Occidental Petroleum Corporation (NYSE: OXY ) stock a bit over a month ago on 4.18.2025. That article titled “Occidental Petroleum: $65 Oil Price Won't Last” and focused on the impacts of As you can tell, our core style is to provide actionable and unambiguous ideas from our independent research. If your share this investment style, check out Envision Early Retirement. It provides at least 1x in-depth articles per week on such ideas.We have helped our members not only to beat S&P 500 but als ...

Occidental Petroleum Corporation’s (OXY) shares are currently trading at a premium compared to the Zacks Oil and Gas - Integrated - United States industry. OXY’s current trailing 12-month Enterprise Value/Earnings before Interest, Tax, Depreciation and Amortization (EV/EBITDA) is 4.99X compared with the industry average of 4.76X. It indicates that the company is presently marginally overvalued compared to its industry.Occidental, being a low-cost operator and possessing high-quality assets in different loca ...

XRG to consider investing up to $500 million for the development of 1PointFive’s 500,000 tonne-capacity DAC facilityHOUSTON, May 16, 2025 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) and its subsidiary 1PointFive today announced an agreement with XRG, ADNOC’s investment company, to evaluate a potential joint venture to develop a Direct Air Capture (DAC) facility in South Texas. As part of the joint venture, XRG will consider investing up to $500 million for the development of a DAC facility designed to captur ...

Many investors and analysts look to Occidental Petroleum (NYSE: OXY ) as a bellwether for monitoring broader oil and gas market trends, particularly in the Permian Basin. As one of the most visible and widely followed producers, its capital allocation decisions andAre you an investor looking for quality research within the oil and gas industry? Energy Investing Authority is the source. While commodity prices are up and so too are shareholder dividends, it can be easy to chase yield and buy the wrong firms. ...

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