Debt Cuts, Carbon Capture, and $64 Upside
NYSE:OXY Stock Performance and Market Context
Occidental Petroleum (NYSE:OXY) closed the last session at $45.67, down 0.76% on the day, with a trading range between $45.65 and $46.55. The stock has moved between $34.78 and $56.49 over the past 52 weeks, giving it a market capitalization of $44.96 billion. Despite the decline, OXY’s five-year total return remains striking at +372%, far outpacing the S&P 500’s +97% over the same horizon. Year-to-date, however, OXY has gained only 6.08%, trailing the S&P 500’s 11.95% performance, a reflection of weaker oil prices and macro headwinds weighing on sentiment.
Valuation, Profitability, and Cash Flow Strength in NYSE:OXY
OXY trades at a 26.9x trailing P/E and a forward multiple of 17.0x,…
