Occidental Petroleum Corporation (OXY)
3 Reasons Occidental Petroleum Will Gush Higher in 2025
Occidental's NYSE: OXY stock price struggles are over. The market corrected to long-term lows, aligning with Warren Buffet's initial entries into the stock and is set up for a strong rebound.
Why Does Warren Buffett Keep Piling Into 2 Beaten-Down Stocks That Have Plunged More Than 30%?
We now know what Warren Buffett was up to during the fourth quarter of 2024. Berkshire Hathaway (BRK.A 0.12%) (BRK.B 0.20%) submitted its 13F filing to the U.S. Securities and Exchange Commission (SEC) last week.
Occidental Petroleum: Building Momentum Into 2025 (Rating Upgrade)
Oxy's Q4 delivered a solid 11% beat on EPS and record US production, continuing strong recent momentum. Unit LOE continues to improve with Q4 LOE/boe, down 6% q/q and almost 30% vs its Q4 23 peak, yet Oxy remains one of the highest-cost E&Ps and more work. While debt and low distributions remain a headwind, we believe shares now look more attractive at ~11% fwd FCF yield and ~5x 2025 EBITDA.
Occidental Petroleum Corporation (OXY) Q4 2024 Earnings Conference Call Transcript
Occidental Petroleum Corporation (NYSE:OXY ) Q4 2024 Earnings Conference Call February 19, 2025 1:00 PM ET Company Participants Jordan Tanner - VP, IR Vicki Hollub - President & CEO Sunil Mathew - SVP & CFO Ken Dillon - SVP & President, International Oil and Gas Operations Richard Jackson - President, Operations, U.S. Onshore Resources and Carbon Management Conference Call Participants Arun Jayaram - JP Morgan Betty Jiang - Barclays Neal Dingmann - Truist Securities Paul Cheng - Scotiabank Roger Read - Wells Fargo Neil Mehta - Goldman Sachs John Abbott - Wolfe Research Leo Mariani - Roth Capital Partners Operator Good afternoon, everyone, and welcome to Occidental's Fourth Quarter 2024 Earnings Conference Call. All participants will be in a listen-only mode.
Trump's new 25% tariffs, Occidental Petroleum earnings: Morning Brief
Brad Smith and Madison Mills sit down with top economic and market experts to dive deeper into the top stories impacting investors on today's Morning Brief. Lopez Research founder Maribel Lopez discusses US President Donald Trump's latest 25% tariff threats and her expectations for the actual tariff policies.
Occidental reports mixed Q4 results, analyst says 'pretty good'
While crude oil prices (CL=F, BZ=F) get buoyed slightly higher Wednesday morning, energy giant Occidental Petroleum (OXY) reported mixed fourth quarter earnings results: beating adjusted earnings estimates with $0.80 per share while revenue of $6.84 billion fell short of expectations. "All you have to do is look at OPEC+ and see what they've been doing over the last several months, which is continually pushing back the start of the unwinding of the 2.2 million barrels a day of voluntary production cuts," CFRA Research Energy Equity Analyst and Deputy Research Director Stewart Glickman cites as one major challenge for the oil and gas (RB=F) driller.
Occidental Petroleum Posts Q4 Earnings Beat, Here's A 'Glaring Negative'
Shares of Occidental Petroleum Corp OXY climbed in trading on Wednesday, despite a revenue miss in the fourth quarter.
Compared to Estimates, Occidental (OXY) Q4 Earnings: A Look at Key Metrics
Although the revenue and EPS for Occidental (OXY) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Occidental Petroleum: Making Cost Progress
Warren Buffett's continued investment in Occidental Petroleum highlights its bargain status. Despite declining oil prices, Occidental's cash flow remained stable. Rising natural gas prices and increasing export capacity present a bright outlook for Occidental's future profitability.
Occidental Posts Mixed Q4 Results
Occidental Petroleum (OXY 1.62%), an integrated oil and gas company, announced its fourth-quarter 2024 earnings on Feb. 18, 2025. The company reported adjusted EPS of $0.80, exceeding the market expectation of $0.68 by 17.6%.
Occidental Petroleum (OXY) Tops Q4 Earnings Estimates
Occidental Petroleum (OXY) came out with quarterly earnings of $0.80 per share, beating the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.74 per share a year ago.
Why Occidental and Devon stock are 'attractive' energy stocks: Portfolio Manager
Tortoise Senior Portfolio Manager & Managing Director Rob Thummel joins Asking for a Trend to analyze the oil and gas sector, as Occidental (OXY) stock declines while Diamondback Energy (FANG) gains following their respective fourth quarter reports. "Big picture in the oil and gas space right now it's all about capital discipline, it's about returning cash to shareholders," he tells Yahoo Finance.
