4 Big Oil Dividends Ranked by What Matters When Crude Falls
Four oil giants all pay dividends, but when crude prices drop, their balance sheets tell very different stories about which payouts survive and which ones get cut to the bone.
Headquartered in Houston, TX Fiscal year ends December NYSE: OXY oxy.com
Occidental Petroleum Corporation is an international energy company that produces, markets, and transports oil and natural gas. The company operates through two primary segments: Oil and Gas, and Midstream and Marketing. Its Oil and Gas segment has significant operations in the Permian Basin, Rockies, and Gulf of America domestically, as well as international operations in Algeria, Al Hosn, Dolphin, and Oman. The Midstream and Marketing segment includes gas processing, transportation, marketing of oil and gas, and an equity method investment in Western Midstream Partners (WES). Occidental also leverages its global leadership in carbon management to advance lower-carbon technologies and products. The company primarily operates in the United States, the Middle East, and North Africa, with total global production of approximately 1.4 million barrels of oil equivalent per day. Updated
Four oil giants all pay dividends, but when crude prices drop, their balance sheets tell very different stories about which payouts survive and which ones get cut to the bone.
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Retail traders are flooding into Occidental Petroleum with near-unanimous bullish conviction while Wall Street analysts quietly trim their targets and a top insider unloads tens of thousands of shares. Someone has the…
Occidental Petroleum Corporation is an international energy company that produces, markets, and transports oil and natural gas. The company operates through two primary segments: Oil and Gas, and Midstream and Marketing.
24/7 Wall St.'s 12-month price target for OXY is $59.75, rated Hold. The Wall Street consensus target is $68.40. OXY price prediction →