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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