Occidental Petroleum Corporation (OXY) has had a tumultuous year with a 14% decline followed by recent gains.
Investors are paying attention, as evidenced by purchase of large volumes of call options and increased institutional ownership. The company finalized a
$9.7 billion divestiture of its Chemical Business (OxyChem) to
Berkshire Hathaway, which drawn some criticism over its timing and pricing. This sale altered the investment landscape for OXY, positioning it as a recovery by 2027 pending market cooperation. However, Wall Street appeared divided over predictions for the company's future, with firms such as
BofA trimming OXY's target to $44 and
JPMorgan and Piper Sandler raising their price targets. Despite an uptick in share price, OXY's debt levels have raised concerns. Investors who invested five years ago in OXY would have seen a
144% gain. Finally,
OXY's Q3 2025 report highlighted strong Permian production and exceeded EPS forecasts.
Occidental Petroleum Corporation OXY News Analytics from Tue, 29 Apr 2025 07:00:00 GMT to Sat, 03 Jan 2026 12:20:37 GMT -
Rating 2
- Innovation -3
- Information 8
- Rumor -4
