Friends, today we will try to know the detailed information about Occidental Petroleum OXY Stock Analysis, Technical, Financial, and Future Prospectus and try to know which direction the company’s performance has the potential to go in the coming days. If we look at the company’s performance in the last few years, it has been able to show very good growth, due to which most retail investors are making up their minds to invest more and more in the company’s stock.
Today, along with analyzing the complete details of the company’s stock, we will also look at the future opportunities in the business, so that you will get a good idea of whether it will be right to invest in this company for a long time or not. Let’s know the detail:-
Occidental Petroleum OXY Stock Analysis
Before analyzing the complete details of Occidental Petroleum OXY Stock, it is very important to know about the company’s business in detail. Occidental Petroleum OXY is an energy production company that operates its ongoing exploration and production activities in the United States, the Middle East, and North Africa.
The company mainly operates in 3 business segments namely oil and gas, chemical and midstream, and marketing. If we look at all these three business segments, then the growth of the company is seen to be very fast.
The company’s oil and gas segment explores, develops and produces oil and condensate, natural gas liquid (NGL), and natural gas. It is one of the largest oil producers in the U.S. The company’s oil and gas operations are concentrated in three geographic regions: the United States, the Middle East, and Colombia.
In the chemical business segment, the company has many products according to the market demand such as chlorine, caustic soda, chlorinated organics, potassium chemicals, ethylene dichloride, chlorinated isocyanurates, sodium silicates, calcium chloride; Vinyls comprising vinyl chloride monomer, polyvinyl chloride, ethylene and many more chemical products are produced by the company. In some products, the company is also a leading player domestically and globally, due to which the demand for the company’s products is seen all the time.
The Midstream and Marketing segment procures, markets, collects, processes, transports and stores oil (which includes condensate), NGLs, natural gas, carbon dioxide (CO2), and electricity. Its midstream and marketing segment also includes Occidental’s low carbon ventures (OLCV) businesses.
Occidental Petroleum OXY Stock Technical Analysis
If you look at the technical analysis of Occidental Petroleum OXY Stock, then there is definitely a possibility of good growth in the coming time. Looking at the different technical parameters of the stock, it can be said that you can definitely see very good returns in Occidental Petroleum OXY Stock Price in the coming time.
Looking at the moving averages and different technical indicators of the stock, we are looking forward to seeing a very good uptrend move in the coming few months. Analysts expect the stock to outperform the market in the next 12 months. If you follow the trend well and invest in Occidental Petroleum OXY Stock at the right place, then you can earn very well.
Occidental Petroleum OXY Stock Financial Analysis
If we look at the financial performance of Occidental Petroleum OXY Stock over the last few years, it has not managed to show that good growth, Although every year there is very good growth in the revenue of the company, there is no good growth in the net income at all.
According to analysts, the way Occidental Petroleum is seen investing a lot in new projects in the coming days, due to there is every hope of improving the financial performance of the company in the coming days.
Over the past 12 months, OXY had revenues of $34.09 billion and made 10.20 billion in profits.
The company has $1.36 billion in cash and $22.97 billion in debt, giving a net cash position of – $21.61 billion.
Over the past 12 months, operating cash flow was $14.78 billion, and capital expenditures — $3.30 billion, yielding a free cash flow of $11.48 billion.
Occidental Petroleum OXY Stock Future Prospectus
If we look at the Future Prospectus of Occidental Petroleum OXY, then there is a huge opportunity for growth in the company. In view of the ever-increasing demand for energy in the market, the company seems to be showing a lot of focus on the development of new projects one after the other, for which the company has been investing a lot in the last few years, The benefit of which is definitely going to be seen by the company in the coming time.
Along with this gradually Occidental Petroleum OXY is also seen increasing its dependence on many different energy sources to sustain the growth of its business in the future, Due to which it can be expected that in the coming years also very good growth can be seen in the business.
Risk of Investment Occidental Petroleum OXY Stock
If we talk about the biggest risk right now in Occidental Petroleum OXY Stock, Looking at the performance of the last few years, the net income of the company is not increasing at all. If the net income does not show growth even in the coming few years, then you may see a one-sided fall in the share price.
Talking about the second risk, the company’s business is currently dependent on non-renewable resources in the energy segment, If the company is not able to gradually shift its business to renewable resources, the business may see a major downturn.
Expert Views on Occidental Petroleum OXY Stock
According to the expert, the way Occidental Petroleum OXY is constantly seeing the increasing demand in the market of energy, the way the company is working on increasing the capacity in its business, its benefit will definitely be visible to the company in the long run.
Occidental Petroleum OXY Company’s business performance and management are seen working under a new strategy to increase the growth of its business, Due to this, most experts believe that in the coming days, the performance of the company can be seen to increase very fast. Due to this most of the experts are seen giving the advice to buy the Occidental Petroleum OXY stock for a long time.
Occidental Petroleum OXY Stock F.A.Q.
– How Occidental Petroleum OXY Stock will be from a future point of view?
The way Occidental Petroleum OXY is seen investing a lot on new projects in its business keeping in mind the future, its benefits are definitely going to be visible to the company in the long run.
– With which business is Occidental Petroleum OXY company associated?
Occidental Petroleum OXY is mainly associated with Energy Business.
– Who is the present CEO of Occidental Petroleum OXY Company?
Vicki Hollub is currently employed as the CEO of Occidental Petroleum OXY Company.
In this article, we tried to give you all the details regarding Occidental Petroleum OXY Stock Analysis, Technical, Financial, and Future Prospectus. If you have any questions regarding any point or any topic you can ask us below in the comment section. If you want to stay updated with such important information related to the stock market, then do not forget to stay with Stock in US at all.