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Is OXY Stock a Buy, ing to Analysts? On TipRanks, OXY comes in as a Moderate Buy based on six Buys, seven Holds, and one Sell rating assigned by analysts in the past three months. The average Occidental Petroleum price target is $71.43, implying 16% upside potential.
What Is Occidental Petroleum's Debt? The image below, which you can click on for greater detail, shows that Occidental Petroleum had debt of US$19.1b at the end of June 2023, a reduction from US$22.0b over a year. However, it does have US$486.0m in cash offsetting this, leading to net debt of about US$18.6b.
Top 10 Owners of Occidental Petroleum Corp StockholderStakeShares ownedBerkshire Hathaway, Inc. (Investm...25.78%228,051,027Dodge & Cox10.32%91,303,640The Vanguard Group, Inc.6.46%57,167,328SSgA Funds Management, Inc.5.02%44,375,2266 more rows
Occidental's $57 Billion Acquisition of Anadarko, Contingent $8.8 Billion Sale of Anadarko African Assets to Total and $10 Billion Investment from Berkshire Hathaway.
Occidental Petroleum's mission statement is "Develop energy resources safely, profitably and responsibly to maximize value."
The Audit Committee of the Board of Directors of Occidental has selected KPMG LLP as independent auditor to audit the consolidated financial statements of Occidental and its subsidiaries for the year ending December 31, 2021.
The oil and gas company reported a $1.18 a share profit compared to average Wall Street analyst forecasts for an 84 cent a share profit, ing to LSEG. Adjusted earnings fell by more than half to $1.13 billion compared to the same quarter last year.