Friends, today we are going to talk about Occidental Petroleum OXY Stock Forecast 2023, 2024, 2025, and 2030, in which direction the performance of this company related to the energy sector has the potential to go in the coming years. Due to the boom in the performance of the company in the last few days, most investors are seen making up their minds to invest in the coming times as well.
Today, along with analyzing the complete details of the business of Occidental Petroleum OXY, we will also look at the future opportunities of the company’s business, By which we will get a little idea, in the coming years, in which direction the performance of the company’s stock is going to be seen. Let us analyze it in detail:-
Occidental Petroleum OXY Stock Forecast 2023
Talking about the business of Occidental Petroleum OXY, the company is mainly involved in Oil and Gas, Chemical, Midstream, and Marketing businesses. In the last few years, the company has given very good profits from all these three business segments. Occidental Petroleum OXY is seeing very good growth in revenue every year due to the ever-increasing demand for Oil and Gas in the market.
If analysts are to be believed, the demand for oil and gas is expected to remain intact in the market in the coming few years as well. Due to this, it can be expected that in the coming days also there is going to be a good increase in the revenue of the company.
In a short time, with the demand in the market, Occidental Petroleum OXY Stock Forecast till 2024, The first target of $ 75 is expected to show very good returns. After this target, you can soon see another target of $ 78.
| Year | Occidental Petroleum OXY Stock Forecast 2023 |
|---|---|
| First Forecast 2023 | $ 75 |
| Second Forecast 2023 | $ 78 |
Occidental Petroleum OXY Stock Forecast 2024
Occidental Petroleum OXY is continuously working on increasing the production capacity of its energy, keeping in view the increasing demand for energy in the market in the last few years, For which gradually the company is making plans to invest a large amount in the development of new projects.
According to analysts, in the coming years, as Occidental Petroleum will be seen developing new projects to meet the growing demand for OXY Energy, the company will be able to meet the energy demand in the new market with great ease, The benefit of which is definitely going to be seen by the company in the coming time with very good growth in the business.
In the coming years, along with new project development, Occidental Petroleum OXY Stock Forecast can see you at the first target of $ 90, showing good growth in business till 2024. After that, you can consider holding another target for $95.
| Year | Occidental Petroleum OXY Stock Forecast 2024 |
|---|---|
| First Forecast 2024 | $ 90 |
| Second Forecast 2024 | $ 95 |
Occidental Petroleum OXY Stock Forecast 2025
In the energy sector, Occidental Petroleum OXY is seeing a lot of focus on expanding the reach of its business across the world. As seen now, most of the company’s business is spread in the United States, the Middle East, Africa, and Latin America, But gradually the company is working fast to establish itself as an important company in the energy sector in the entire global market.
Occidental Petroleum OXY In order to rapidly increase the reach of its business in the entire global market, the company is trying its best to spread its business rapidly on that market by acquiring small companies from different countries associated with its sector, It can be expected from this that in the coming few years, the business of Occidental Petroleum OXY will be seen growing rapidly in different countries as well.
As the company’s business will seen expanding, Occidental Petroleum OXY Stock Forecast can be seen showing very good growth till 2025, showing the first target of $ 130. And then you can look for another target to be $140.
| Year | Occidental Petroleum OXY Stock Forecast 2025 |
|---|---|
| First Forecast 2025 | $ 130 |
| Second Forecast 2025 | $ 140 |
Occidental Petroleum OXY Stock Forecast 2030
Keeping the future in mind, they are gradually increasing their dependence on new sources of Occidental Petroleum OXY Clean Energy Production. With the help of leading-edge technologies in its business, the management is working fast to transfer its business to sustainable energy.
Keeping the future in mind, Occidental Petroleum OXY is constantly seeing a lot of innovation in the business and taking many good decisions in the management business to reduce the carbon in its business and keep it under control, From this, it can be expected that the company will be able to make low carbon in its business to a great extent in the coming days, the benefit of which is going to be seen by the company with very good growth in the business.
In the long run, with Occidental Petroleum OXY Stock Forecast earning very good returns till 2030, the stock price can be seen going to the first target of $ 320. After that, you can look for another target for $350.
| Year | Occidental Petroleum OXY Stock Forecast 2030 |
|---|---|
| First Forecast 2030 | $ 320 |
| Second Forecast 2030 | $ 350 |
Expert Views on Occidental Petroleum OXY Stock
According to experts, keeping in mind the ever-increasing demand of the energy market, Occidental Petroleum OXY is seen making huge investments every year on new projects to increase its production capacity, The benefit of this is definitely going to be seen by the company in the coming time.
Management is seen working under many such strategies to grow its business rapidly, due to which most of the experts are expecting very good growth in the business of the company in the coming time, If you are a long-time investor, then most of the experts are also giving the advice to invest in Stock of this company.
Occidental Petroleum OXY Stock Forecast 2023, 2024, 2025, 2030 Table
| Year | Occidental Petroleum OXY Stock Forecast |
|---|---|
| First Forecast 2023 | $ 75 |
| Second Forecast 2023 | $ 78 |
| First Forecast 2024 | $ 90 |
| Second Forecast 2024 | $ 95 |
| First Forecast 2025 | $ 130 |
| Second Forecast 2025 | $ 140 |
| First Forecast 2030 | $ 320 |
| Second Forecast 2030 | $ 350 |
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 continuously working on new projects in order to maintain its dominance in the energy sector in the entire global market, its benefits are definitely going to be visible to the company in the future.
– Does Occidental Petroleum OXY Stock pay a good dividend every year?
Looking at the record of Occidental Petroleum OXY Stock for the last few years, it can be said that the company pays dividends every year to its shareholders.
– Who is the present CEO of Occidental Petroleum OXY Company?
Vicki Hollub is currently employed as the CEO of Occidental Petroleum OXY Company.
Conclusion
I hope that after reading our Occidental Petroleum OXY Stock Forecast 2023, 2024, 2025, and 2030 articles, you will get complete information about the company, and also you have an idea of where the company’s performance is likely to be headed. If any question is still coming to your mind related to this article, then do not forget to ask in the comment. To stay updated with such important information related to the stock market, do not forget to stay with Stock in US at all.
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