NYSE:OXY

Occidental Petroleum Corp (OXY)

53.57
+1.89 (3.66%)
as of Jul 8, 2026, 5:49:08 pm Market Open.
80 watching
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Investor Insights
star iconJul 7, 2026, 12:00 am

This summary was created by AI, based on 2 opinions in the last 12 months.

Occidental Petroleum Corp (OXY-N) has shown impressive performance, with a significant rise of 58% in Q1, making it one of the top performers in the S&P. This surge is primarily attributed to the high oil prices driven by geopolitical tensions in the Middle East. However, while the stock benefits from market rallies, it is also susceptible to larger declines when the market contracts, indicating a potential risk should peace be restored in the region. In addition, there are concerns regarding the stock's intrinsic value, as some experts note the lack of compelling reasons to hold the stock beyond the involvement of Berkshire Hathaway as a major shareholder. Although the company holds a strong position in the Permian Basin, there are suggestions to consider alternative investments, hinting at a premium valuation compared to Canadian peers, suggesting a nuanced outlook on its future performance.

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Consensus
Mixed
valuation icon
Valuation
Overvalued
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TOP PICK
Refining. Oil weighted senior with a pristine balance sheet and high cash flow yield. Primarily us operations. Refining margins are improving. Can see some growth in the name.
TOP PICK
One US oil that has a lot of growth globally. Large landholder in California. Proven track record of taking a mature basin and wringing every last drop out of it. The most torque name to oil available.
TOP PICK
Model price is $113.78, a 63% positive differential.
PAST TOP PICK
(A Past Top Pick Dec 21/06. Up 45.2%.) His model price is $88.36. That's a 23% positive differential and no longer qualifies for his funds.
PAST TOP PICK
(A Top Pick Dec 26/06. Up 42.1%.) Now only has an upside of 17.5%. Should be $82-$84 a year form now, a 17% implied rate of return. Sold his position.
PAST TOP PICK
(A Top Pick Dec 21/06. Up 39%.) His model price is $83.28, a 21% positive differential.
PAST TOP PICK
(A Top Pick Dec 21/06. Down 6.7%.) He is overweight oils. Way undervalued.
BUY
A pretty decent name. A little more weighting towards heavy oil.
TOP PICK
The model price is $73.75, a 48% positive differential. One of the cheapest names in the S&P 500. A year from now, with no change in valuation but earnings on the balance sheet, it implies an 18.4% rate of return plus a 2% dividend.
BUY
It's in their top ten. Positive 46% differencial.
PAST TOP PICK
(A Top Pick Oct 20/05. Up 19%.)
TOP PICK
Announced an acquisition of Vintage Oil and Gas and the stock got rocked for that, but it's at a great level.
WEAK BUY
Very good company. Tends to produce heavy oil. Thinks there's some upside to it yet. Prefers Suncor (SU-T).
BUY
His portfolio is now 22/23% oils.
BUY
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