Company Overview - Occidental Petroleum (Oxy) is an integrated energy company with assets in upstream (oil and natural gas production), midstream (pipelines), and downstream (chemicals and refining) segments, similar to industry giants like ExxonMobil and Chevron [2] - The company's portfolio spans the United States, the Middle East, and North Africa, though its geographic diversification is less extensive compared to larger peers [3] - Oxy has a market capitalization of $50 billion, significantly smaller than Exxon's $550 billion and Chevron's $270 billion [3] Growth Strategy - Oxy is actively pursuing acquisitions to expand its scale and compete with industry giants, as seen in its outbidding of Chevron for Anadarko Petroleum and its recent acquisition of Crown Rock [4][5] - The company aims to grow into one of the top players in the energy industry by acquiring assets similar to those targeted by larger competitors [5] - Acquisitions are particularly meaningful for Oxy due to its smaller size, providing more significant growth opportunities compared to its larger peers [7] Industry Context - The energy industry is transitioning toward cleaner energy sources like solar and wind, but oil and natural gas are expected to remain critical components of the global energy mix for decades [6] - Industry consolidation favors large and efficient operators, positioning companies like Exxon and Chevron as leaders, while Oxy seeks to expand its operating scale through acquisitions [6][7] Competitive Positioning - Oxy's business model mirrors that of Exxon and Chevron, but its smaller size makes it unlikely to fully catch up to these giants, despite its acquisition-focused growth strategy [8] - The company has demonstrated financial prudence by paying down debt and focusing on smaller, more manageable acquisitions, such as Crown Rock, following past missteps like the Anadarko deal [4][7] Investment Perspective - Oxy represents a growth opportunity for investors willing to take on additional risk, as it actively competes with larger industry players through strategic acquisitions [9] - Conservative investors may prefer established giants like Exxon or Chevron, while growth-oriented investors could find value in Oxy's expansion efforts [9]

Now you can get access to the latest and highest-quality analysis of recent Wall Street buying and selling ideas with just one subscription to Beyond the Wall Investing ! There is a free trial and a special discount of 10% for you. Join us today! I initiated coverage of Occidental Petroleum Corporation (NYSE: OXY ) stock 2 years ago with a "Hold" rating, which I upgraded to "Buy" in a few months after that initiation. Unfortunately for my bullish thesis, the stock Daniel Sereda is chief investment analyst a ...

Occidental Petroleum (OXY) ended the recent trading session at $55.76, demonstrating a +1.77% swing from the preceding day's closing price. This change outpaced the S&P 500's 0.9% gain on the day. Meanwhile, the Dow experienced a rise of 0.81%, and the technology-dominated Nasdaq saw an increase of 1.22%. Shares of the oil and gas exploration and production company witnessed a gain of 1.95% over the previous month, trailing the performance of the Oils-Energy sector with its gain of 5.22% and the S&P 500's g ...

Long-established in the Oil & Gas industry, Occidental Petroleum Corp (OXY, Financial) has enjoyed a stellar reputation. It has recently witnessed a daily gain of 0.68%, juxtaposed with a three-month change of -11.28%. However, fresh insights from the GF Score hint at potential headwinds. Notably, its diminished rankings in financial strength, growth, and valuation suggest that the company might not live up to its historical performance. Join us as we dive deep into these pivotal metrics to unravel the evol ...

HOUSTON, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) will announce its third quarter 2024 financial results after close of market on Tuesday, November 12, 2024, and will hold a conference call to discuss the results on Wednesday, November 13, 2024, at 1 p.m. Eastern/12 p.m. Central. The conference call may be accessed by calling 1-866-871-6512 (international callers dial 1-412-317-5417) or via webcast at oxy.com/investors. Participants may pre-register for the conference call at https://dpregis ...

I analyze oil and gas companies like Occidental Petroleum and related companies in my service, Oil & Gas Value Research, where I look for undervalued names in the oil and gas space. I break down everything you need to know about these companies -- the balance sheet, competitive position and development prospects. This article is an example of what I do. But for Oil & Gas Value Research members, they get it first and they get analysis on some companies that is not published on the free site. Interested? Sign ...

It is no secret that Warren Buffet, who has sold a lot of shares in Bank of America and Apple, continues to hold Occidental Petroleum. With the most recent $435 million purchase in June, Berkshire Hathaway now owns about 28.8% of shares outstanding Buffett wrote, "We particularly like its vast oil and gas holdings in the United States, as well as its leadership in carbon-capture initiatives." We do not follow anyone blindly, but there are a few reasons why we are now looking at Occidental OXY. Sign up for o ...

The most recent trading session ended with Occidental Petroleum (OXY) standing at $51.54, reflecting a +1% shift from the previouse trading day's closing. This move outpaced the S&P 500's daily gain of 0.42%. At the same time, the Dow added 0.04%, and the tech-heavy Nasdaq gained 0.38%. Heading into today, shares of the oil and gas exploration and production company had lost 10.44% over the past month, lagging the Oils-Energy sector's loss of 2.47% and the S&P 500's gain of 2.06% in that time. Investors wil ...

Occidental Petroleum (NYSE: OXY ) is a well-run energy company with considerable organic and acquisitiondriven production upside. The energy firm is growing its operational footprint and using excess cash flow to repay its debt, leading to a leaner balance sheet and more Analyst's Disclosure: I/we have a beneficial long position in the shares of OXY either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation fo ...

Occidental Petroleum's (OXY) share price has dropped 15.8% in the trailing twelve months compared with its industry's decline of 7.2%. OXY exposure to fluctuating market prices of commodities remains a concern. As of Dec. 31, 2023, there were no active commodity hedges in place, so if the commodity prices drop substantially, it can adversely impact Occidental's performance. The company has issued $5 billion of senior unsecured notes to fund the cash consideration of the CrownRock acquisitions. A huge increa ...