Exchange: NYSE·Updated 04:19 PM EST
OXY logo

OXY Occidental Petroleum Corp.

$58.66
$0.35
(0.60%)
Today
Closed $58.75
$0.09
(0.15%)
After Hours
Reported EarningsNov 9
Mkt Cap$58.39B
Vol10.45M

About OXY

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.
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Bullish Sentiment

How do you feel about OXY?

DonOrleon17
$OXY absurdly undervalued. Not accounting for recent ER, nor the price of oil which will likely bounce back due to supply issues. OXY vs. Industry Average • P/E: 9.8x vs. 10.7x • Forward P/E: 8.4x vs. 14.2x • Price/FCF: 6.5x vs. 7.2x • Free cash flow (last 12 months): $8.6B (~$8.61/share) Implied Fair Price (estimate) • P/E method: $60.78 • Forward P/E method: $94.73 • FCF method: $62.02 • Average: ~$72.50 • Without the forward P/E outlier: ~$61.40 • Wall Street average target: $70
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TopOptionAlert
$OXY NOV20 65C · still actionable Zone: $62.30 to $63.15 Invalidation: close under $60.25 Objectives: $66.50, then $70 The math: up 6.0% to the first objective and 11.6% to the second, against 3.9% risk on the invalidation, near 3 to 1 to the second. Think of this as a swing where the stock did the quiet work first. It sat in a base near sixty dollars for weeks while oil stayed firm, and now it is pressing above that base into its November 9 earnings report, which means buyers are willing to step in before the news rather than wait and chase it. What that means for you is simple. The level that held on the pullbacks is clear underneath, and the old highs near sixty seven dollars and then seventy dollars are the room it has to travel if the earnings story holds up. P.S. Watch the November 9 earnings date. A strong report there is what could turn a move to the first objective into a run at the second.
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DonOrleon17
$OXY $OXY hope you guys are aware that based on the FWD PE method, this should be trading at roughly $94 a share . Wallstreet avg puts it at ~70 a share, not to mention the upgrades that are coming once these lazy analysts stop panicking over the AI bubble will be big. This company is printing money
5
TopOptionAlert
$OXY NOV20 65C · still actionable Zone: $62.26 to $63.14 Invalidation: close under $60 Objectives: $67.45, then $70 The math: up 7.6% to the first objective and 11.6% to the second, against 4.3% risk on the invalidation, about 2.7 to 1 to the second This is a simple swing in a name that has been climbing all month and is still holding well above its 50 day average near 59.65, which tells you the buyers have not left. Think of it like a kitchen table rule: when a stock pulls back a little to 62.70 after touching 63.23 and does not fall apart, the path back toward the old high at 67.45 is the honest next question. Earnings land on November 9, so this contract runs past that date and gives the move time to work, but it also means that report is the moment that can change the story fast. P.S. Watch 63.23 first. A close above that early high makes the run at 67.45 a lot cleaner to read.
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thesupine
$OXY $BRK.B $CBOE the majority of my port, with some $CASY and $BROS sprinkles. Has been an awesome week! Feasting while the "Bulls" weep! Weeks like these remind us of the advantages of a boring portfolio.
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thehack
$OXY i see no reason this stock doesn’t rally the rest of the week on strong earnings and improved balance sheet as long as their ceo wasn’t in bed with any foreign spies
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Frankie85
$OXY Crazy how some oil stocks are trading at discount in this environment! This company is going to print 27 Billions in revenues with a potential free cash flow of 9 Billions and debt near 12 Billion. With 1 year of free cash flow can cover almost 3/4 of all the debt of the company history. Cannot believe this is at this price , should be near 100$ for a correct evaluation.
3
lucullus2
$OXY This is the market value of sweeps (larger tha $2 mill) done in OXY on any day. top 10 days this year...Biggest is today, Mar6th was second biggest when Oil rose $12 that day
3
ForestGump1776
$OXY Odds are “they” have Trump prepped to escalate Iran situation this evening/tomorrow. They basically told everyone that is what they were going to do regardless. Guess everyone forgot. Drop in oil will be short lived.
4
EmptyBag
$OXY bought on the dip this morning for 11/20 65c at $2 + 67.5c at $1.2 will add more on the dip
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TopOptionAlert
$OXY NOV20 65C · still actionable Zone: $61.64 to $62.50 Invalidation: close under $61.28 Objectives: $63.63, then $67.45 The math: up 2.5% to the first objective and 8.7% to the second, against 1.3% risk on the invalidation, better than 6 to 1 to the second Dear friend, think of this swing setup like a good truck that climbed a long hill all month and paused today to catch its breath near the top. Occidental opened at $63.40 and slipped to $61.28 before buyers held that low, and price still sits near $62.07 after rising 8.2 percent in a month, which means the climb is dented today but not broken. Earnings on November 9 give buyers a clear date to work toward, and the November 20 calls carry this idea past that report toward $63.63 first and the yearly high at $67.45 next. If price closes under $61.28 that pause has turned into a slide and you step aside, plain and simple. P.S. Watch $63.56 today. It was the high this morning, and a close back over it would show buyers pushing again, not just defending the low.
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GypsyGirl2
$OXY Expecting this to head back up! Trump is planning another raid on Iran! 🇮🇷 His last samurai attempt!
3
thehack
$OXY their balance sheet is going to be 🔥 after these high oil prices with the opportunity to pay off their debt
3
Xingaiapp
$OXY did the two things I like to see in the same quarter. It beat big on earnings and it kept paying down debt. Q3 adjusted EPS was $1.91, well ahead of the $1.43 to $1.47 consensus range. Production averaged 1.427M boe/d, above the guidance midpoint, and the quarter produced $4.1B of operating cash flow and $2.8B of free cash flow before working capital. Principal debt is now down to $10.0B, with $10.4B retired this year alone. Revenue is the one line I am not forcing a verdict on, at $6.77B it sits right between the different consensus cuts. The EPS beat plus the balance sheet progress is the cleaner story here, and $OXY told it plainly.
2
HetroBabadook
$OXY Good thing they finally got rid of that seriously unqualified piece of human garbage ...Vickie
2
DonOrleon17
$OXY 75% of the time when a stock beats on ER it does the opposite of what it “should” do. This is how MMs gobble up billions in premiums, the other 25% pays out just to keep the other 75 chasing. Market corruption at its finest
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Rayvio_News_Filter
$OXY 📝 Occidental Petroleum Corporation signed long-term CO2 offtake agreements with two companies for two Delaware Basin projects expected to capture and transport approximately 2 million metric tons of CO2 annually, with potential expansion to 4 million metric tons per year, for enhanced oil recovery. Market-relevant event
2
Etrading
OCCIDENTAL $OXY JUST REPORTED Q3 EARNINGS - Total Revenue: $6.77B, missing expectations of $6.79B 🔴 - Adj EPS: $1.91, beating expectations of $1.46 🟢 - Free Cash Flow: $2.78B (+88% YoY)
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StockExpert_AI
$OXY last quarter: EPS came in at 2.4 against an estimate of 1.83, and revenue was above its estimate too. The EPS line cleared its bar by the wider margin, so it's the one that stood out. Our data doesn't say what drove the gap. The next report is due Nov 9, 2026, with an EPS estimate of 1.45. How will reported EPS compare with that 1.45 estimate?
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theoptionsplug
$OXY at attractive levels here for a bounce off the 200 DMA. If breached, would look even better around $54 at the trendline support 🛢️
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