Warren Buffett owns 17.4% (worth $9.9 billion) of Occidental (OXY). Why does he keep on buying OXY stock?

43.43% of INDmoney users answered correctly that Warren Buffett keeps on buying Occidental stock due to its cheap valuation - rally in the oil price since last year and expectations of a spike in profitability ratios should impact valuation positively.

What is Occidental Petroleum Corporation share price today?

Occidental Petroleum Corporation (OXY) share price today is {{live_price}}.

Can Indians buy Occidental Petroleum Corporation shares?

Yes, Indians can invest in the Occidental Petroleum Corporation (OXY) from India. With INDmoney, you can buy Occidental Petroleum Corporation at 0 brokerage. The step-by-step process is as follows: Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes) Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates. Once funds are transferred successfully, you can buy Occidental Petroleum Corporation at zero transaction cost.

How can I buy Occidental Petroleum Corporation shares from India?

It is very easy to buy Occidental Petroleum Corporation from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Occidental Petroleum Corporation be purchased?

Yes, you can buy fractional shares of Occidental Petroleum Corporation with INDmoney app.

What are the documents required to start investing in Occidental Petroleum Corporation stocks?

To start investing in Occidental Petroleum Corporation, You will need the following documents: Proof of Identification (PAN, Aadhaar etc) Proof of address (Aadhaar, Voter ID etc) These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.

What are today’s High and Low prices of Occidental Petroleum Corporation

Today’s highest price of Occidental Petroleum Corporation (OXY) is {{1_rba_end}}. Today’s lowest price of Occidental Petroleum Corporation (OXY) is {{1_rba_st}}.

What is today's market capitalisation of Occidental Petroleum Corporation

Today's market capitalisation of Occidental Petroleum Corporation OXY is 52.6B

What is the 52 Week High and Low Range of Occidental Petroleum Corporation

52 Week High {{rba_end}} 52 Week Low {{rba_st}}

How much percentage Occidental Petroleum Corporation is down from its 52 Week High?

Occidental Petroleum Corporation (OXY) share price is {{live_price}}. It is down by {{w52lu}}% from its 52 Week High price of {{rba_end}}.

How much percentage Occidental Petroleum Corporation is up from its 52 Week low?

Occidental Petroleum Corporation (OXY) share price is {{live_price}}. It is up by {{w52hd}}% from its 52 Week Low price of {{rba_st}}.

What are the historical returns of Occidental Petroleum Corporation?

1 Month Returns {{1mr}}% 3 Months Returns {{3mr}}% 1 Year Returns {{1yr}}% 5 Years Returns {{5yr}}%

Who is the Chief Executive Officer (CEO) of Occidental Petroleum Corporation

Ms. Vicki A. Hollub is the current Chief Executive Officer (CEO) of Occidental Petroleum Corporation.

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US Stocks

Occidental Petroleum Corporation

Occidental Petroleum Corporation (OXY)

$57.7

-0.89

(-1.52%)▲

Live

Insights on Occidental Petroleum Corporation

Decreasing Revenue
Revenue is down for the last 4 quarters, 10.67B → 7.22B (in $), with an average decrease of 12.2% per quarter
Decreasing Net Profit
Netprofit is down for the last 5 quarters, 4.87B → 1.26B (in $), with an average decrease of 28.5% per quarter
Vs COP
In the last 1 year, Occidental Petroleum Corp. has experienced a drawdown of -15.5%, however Conoco Phillips resisted the overall trend and outperformed by 5.6%

Performance

$57.67
$58.44
$57.70
0.05%
Downside
Day's Volatility :1.31%
Upside
1.27%
$53.93
$76.60
$57.70
6.53%
Downside
52 Weeks Volatility :29.6%
Upside
24.67%

Returns

Period	Occidental Petroleum Corporation	Sector (Energy)	S&P500
3 Months	0.05%	-6.8%	5.9%
6 Months	-15.69%	-14.5%	3.1%
1 Year	-15.47%	-10.6%	1.8%
3 Years	324.26%	101.1%	38.1%

Highlights

Market Capitalization	52.6B
Book Value	$22.91
Dividend Share	0.57
Dividend Yield	1.22%
Earnings Per Share (EPS)	8.75
PE Ratio	6.74
PEG Ratio	1.22
Wall Street Target Price	71.3

Profit Margin	27.29%
Operating Margin TTM	35.18%

Return On Assets TTM	10.71%
Return On Equity TTM	35.13%

Revenue TTM	35.5B
Revenue Per Share TTM	38.71
Quarterly Revenue Growth YOY	-13.5%
Gross Profit TTM	24.6B
EBITDA	19.5B
Diluted Eps TTM	8.75
Quarterly Earnings Growth YOY	-0.78

EPS Estimate Current Year	4.99
EPS Estimate Next Year	5.84
EPS Estimate Current Quarter	1.24
EPS Estimate Next Quarter	1.2

Analyst Recommendation

Hold

43%Buy

50%Hold

6%Sell

Based on 32 Wall street analysts offering stock ratings for Occidental Petroleum Corporation(by analysts ranked 0 to 5 stars)

Based on 32 analyst

Current
1M Ago
3M Ago

Buy

Hold

Sell

Analyst Forecast

What analysts predicted

Upside of 23.57%

Current $57.70

Target $71.30

Company Financials

	FY17	Y/Y Change
Revenue	12.5B	↑ 23.96%
Net Income	1.3B	↓ 328.4%
Net Profit Margin	10.48%	↑ 16.17%

	FY18	Y/Y Change
Revenue	17.8B	↑ 42.5%
Net Income	4.1B	↑ 215.1%
Net Profit Margin	23.18%	↑ 12.7%

	FY19	Y/Y Change
Revenue	20.4B	↑ 14.41%
Net Income	-667.0M	↓ 116.15%
Net Profit Margin	-3.27%	↓ 26.45%

	FY20	Y/Y Change
Revenue	17.8B	↓ 12.67%
Net Income	-14.8B	↑ 2123.54%
Net Profit Margin	-83.28%	↓ 80.01%

	FY21	Y/Y Change
Revenue	26.0B	↑ 45.75%
Net Income	2.3B	↓ 115.66%
Net Profit Margin	8.95%	↑ 92.23%

	FY22	Y/Y Change
Revenue	36.8B	↑ 41.73%
Net Income	13.3B	↑ 472.95%
Net Profit Margin	36.16%	↑ 27.21%

	Q4 FY21	Q/Q Change
Revenue	7.9B	↑ 16.5%
Net Income	1.5B	↑ 85.63%
Net Profit Margin	19.42%	↑ 7.23%

	Q1 FY22	Q/Q Change
Revenue	8.3B	↑ 5.51%
Net Income	4.9B	↑ 217.24%
Net Profit Margin	58.4%	↑ 38.98%

	Q2 FY22	Q/Q Change
Revenue	10.7B	↑ 27.87%
Net Income	3.8B	↓ 22.99%
Net Profit Margin	35.17%	↓ 23.23%

	Q3 FY22	Q/Q Change
Revenue	9.4B	↓ 12.05%
Net Income	2.5B	↓ 32.2%
Net Profit Margin	27.11%	↓ 8.06%

	Q4 FY22	Q/Q Change
Revenue	8.3B	↓ 12.14%
Net Income	1.9B	↓ 24.31%
Net Profit Margin	23.36%	↓ 3.75%

	Q1 FY23	Q/Q Change
Revenue	7.2B	↓ 12.42%
Net Income	1.3B	↓ 34.46%
Net Profit Margin	17.48%	↓ 5.88%

	FY17	Y/Y Change
Total Assets	42.0B	↓ 2.51%
Total Liabilities	21.5B	↓ 0.73%

	FY18	Y/Y Change
Total Assets	43.9B	↑ 4.35%
Total Liabilities	22.5B	↑ 4.99%

	FY19	Y/Y Change
Total Assets	109.3B	↑ 149.3%
Total Liabilities	75.1B	↑ 233.41%

	FY20	Y/Y Change
Total Assets	80.1B	↓ 26.77%
Total Liabilities	61.5B	↓ 18.12%

	FY21	Y/Y Change
Total Assets	75.0B	↓ 6.28%
Total Liabilities	54.7B	↓ 11.03%

	FY22	Y/Y Change
Total Assets	72.6B	↓ 3.23%
Total Liabilities	42.5B	↓ 22.27%

	Q4 FY21	Q/Q Change
Total Assets	75.0B	↓ 0.95%
Total Liabilities	54.7B	↓ 3.83%

	Q1 FY22	Q/Q Change
Total Assets	74.2B	↓ 1.08%
Total Liabilities	49.3B	↓ 9.86%

	Q2 FY22	Q/Q Change
Total Assets	74.2B	↑ 0.0%
Total Liabilities	46.4B	↓ 5.93%

	Q3 FY22	Q/Q Change
Total Assets	72.1B	↓ 2.8%
Total Liabilities	43.4B	↓ 6.4%

	Q4 FY22	Q/Q Change
Total Assets	72.6B	↑ 0.64%
Total Liabilities	42.5B	↓ 2.07%

	Q1 FY23	Q/Q Change
Total Assets	71.6B	↓ 1.39%
Total Liabilities	42.0B	↓ 1.14%

	FY17	Y/Y Change
Operating Cash Flow	5.0B	↑ 47.68%
Investing Cash Flow	-3.2B	↓ 32.22%
Financing Cash Flow	-2.3B	↓ 699.23%

	FY18	Y/Y Change
Operating Cash Flow	7.7B	↑ 53.5%
Investing Cash Flow	-3.2B	↓ 0.25%
Financing Cash Flow	-3.1B	↑ 32.39%

	FY19	Y/Y Change
Operating Cash Flow	7.4B	↓ 3.83%
Investing Cash Flow	-29.0B	↑ 805.4%
Financing Cash Flow	22.2B	↓ 815.44%

	FY20	Y/Y Change
Operating Cash Flow	4.0B	↓ 46.37%
Investing Cash Flow	-819.0M	↓ 97.18%
Financing Cash Flow	-4.5B	↓ 120.35%

	FY21	Y/Y Change
Operating Cash Flow	10.4B	↑ 163.82%
Investing Cash Flow	-1.3B	↑ 52.99%
Financing Cash Flow	-8.6B	↑ 89.81%

	FY22	Y/Y Change
Operating Cash Flow	16.8B	↑ 61.11%
Investing Cash Flow	-4.9B	↑ 288.83%
Financing Cash Flow	-13.7B	↑ 60.0%

	Q4 FY21	Q/Q Change
Operating Cash Flow	3.1B	↓ 0.83%
Investing Cash Flow	-51.0M	↓ 69.28%
Financing Cash Flow	-2.5B	↓ 53.32%

	Q1 FY22	Q/Q Change
Operating Cash Flow	3.2B	↑ 4.75%
Investing Cash Flow	-662.0M	↑ 1198.04%
Financing Cash Flow	-3.4B	↑ 35.43%

	Q2 FY22	Q/Q Change
Operating Cash Flow	5.3B	↑ 64.53%
Investing Cash Flow	-1.3B	↑ 95.32%
Financing Cash Flow	-4.6B	↑ 33.74%

	Q3 FY22	Q/Q Change
Operating Cash Flow	4.3B	↓ 19.93%
Investing Cash Flow	-1.0B	↓ 21.19%
Financing Cash Flow	8.1B	↓ 276.1%

	Q4 FY22	Q/Q Change
Operating Cash Flow	16.8B	↑ 293.95%
Investing Cash Flow	-4.9B	↑ 378.12%
Financing Cash Flow	-13.7B	↓ 269.82%

	Q1 FY23	Q/Q Change
Operating Cash Flow	2.9B	↓ 82.93%
Investing Cash Flow	-1.6B	↓ 67.2%
Financing Cash Flow	-1.1B	↓ 92.13%

Technicals Summary

Sell

Neutral

Buy

Occidental Petroleum Corporation is currently not in a favorable trading position ( SELL ) according to technical analysis indicators.

Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Occidental Petroleum Corporation	-4.22%	-15.69%	-15.47%	324.26%	-30.42%
Pioneer Natural Resources Co.	-4.93%	-12.58%	-25.78%	122.04%	6.84%
Canadian Natural Resources Limited	-9.06%	-8.26%	-17.4%	188.82%	58.54%
ConocoPhillips	-1.3%	-18.06%	-9.93%	133.23%	50.17%
EOG Resources, Inc.	-8.29%	-23.34%	-20.55%	110.02%	-7.64%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Occidental Petroleum Corporation	6.74	6.74	1.22	4.99	0.35	0.11	0.01	22.91
Pioneer Natural Resources Co.	7.35	7.35	1.03	21.26	0.31	0.15	0.11	93.43
Canadian Natural Resources Limited	8.84	8.84	12.75	5.4	0.25	0.11	0.05	35.16
ConocoPhillips	8.11	8.11	0.45	9.74	0.33	0.17	0.02	39.49
EOG Resources, Inc.	6.88	6.88	2.46	11.66	0.4	0.19	0.03	43.51

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Occidental Petroleum Corporation	Hold	$52.6B	-30.42%	6.74	27.29%
Pioneer Natural Resources Co.	Buy	$48.6B	6.84%	7.35	30.91%
Canadian Natural Resources Limited	Buy	$61.0B	58.54%	8.84	23.94%
ConocoPhillips	Buy	$123.2B	50.17%	8.11	20.39%
EOG Resources, Inc.	Buy	$64.4B	-7.64%	6.88	33.03%

QnA on Occidental Petroleum Corporation

QuestionAsked on: 3 Jul, 2022
Warren Buffett owns 17.4% (worth $9.9 billion) of Occidental (OXY). Why does he keep on buying OXY stock?
QnA result : 4 Jul, 202217321 people participated in the quiz
43.43% of INDmoney users answered correctly that Warren Buffett keeps on buying Occidental stock due to its cheap valuation - rally in the oil price since last year and expectations of a spike in profitability ratios should impact valuation positively.
Pulse of INDMoney Users
Buffett loves oil
11.78%
OXY pays a huge dividend
44.78%
Cheap valuation of OXY
43.43%

Institutional Holdings

Berkshire Hathaway Inc
23.74%
Dodge & Cox
10.33%
Vanguard Group Inc
6.67%
BlackRock Inc
5.64%
State Street Corporation
5.26%
FMR Inc
3.26%

Corporate Announcements

Occidental Petroleum Corporation Dividends March,2023
In the quarter ending March,2023. Occidental Petroleum Corporation has declared dividend of $0.18
Read More

Organization	Occidental Petroleum Corporation
Employees	11973
CEO	Ms. Vicki A. Hollub
Industry	Energy Minerals

Occidental Petroleum Corporation (OXY)

Insights on Occidental Petroleum Corporation

Decreasing Revenue

Decreasing Net Profit

Vs COP