Occidental Petroleum Corp
NYSE:OXY

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Occidental Petroleum Corp
NYSE:OXY
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Price: 47.705 USD 5.17% Market Closed
Market Cap: 44.8B USD
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Occidental Petroleum Corp
Research & Development

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Occidental Petroleum Corp
Research & Development Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Research & Development CAGR 3Y CAGR 5Y CAGR 10Y
Occidental Petroleum Corp
NYSE:OXY
Research & Development
-$318m
CAGR 3-Years
-21%
CAGR 5-Years
-12%
CAGR 10-Years
-25%
Exxon Mobil Corp
NYSE:XOM
Research & Development
-$779m
CAGR 3-Years
12%
CAGR 5-Years
12%
CAGR 10-Years
8%
Chevron Corp
NYSE:CVX
Research & Development
-$800m
CAGR 3-Years
-3%
CAGR 5-Years
-1%
CAGR 10-Years
10%
U
Unit Corp
OTC:UNTC
Research & Development
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

Occidental Petroleum Corp
Glance View

Market Cap
44.8B USD
Industry
Energy
Economic Moat
None

Occidental Petroleum Corporation, often referred to as Oxy, is a crucial player in the global energy sector, with its roots tracing back to 1920. This company, headquartered in Houston, Texas, operates primarily in the exploration and production of oil and natural gas. Oxy has carved a niche for itself through strategic ventures, focusing heavily on upstream operations, which include locating and extracting crude oil and natural gas from underground reserves. The company’s significant assets in the thriving oil fields of the Permian Basin and operations across the Middle East and North Africa exemplify its expansive reach and formidable presence in energy production. This strategic positioning is integral to its operations as these regions are rich in resources, allowing the company to maximize its output efficiently. Beyond merely extracting fossil fuels, Occidental is also engaged in a comprehensive value chain in the chemical sector through its subsidiary, OxyChem. This division transforms hydrocarbons, one of Occidental's extracted resources, into vital chemicals used in everyday products, from plastics to pharmaceuticals. By vertically integrating its operations and steering investments into low-carbon technologies, Occidental seeks to mitigate its environmental impact, with initiatives in carbon capture and storage aligning with broader industry shifts toward sustainability. Through its diversified operations, Occidental not only impacts global energy supplies but also innovates within industries closely tied to our modern way of life, making it a pivotal entity in both energy and industrial markets.

OXY Intrinsic Value
63.61 USD
Undervaluation 25%
Intrinsic Value
Price

See Also

What is Occidental Petroleum Corp's Research & Development?
Research & Development
-318m USD

Based on the financial report for Sep 30, 2024, Occidental Petroleum Corp's Research & Development amounts to -318m USD.

What is Occidental Petroleum Corp's Research & Development growth rate?
Research & Development CAGR 10Y
-25%

Over the last year, the Research & Development growth was 29%. The average annual Research & Development growth rates for Occidental Petroleum Corp have been -21% over the past three years , -12% over the past five years , and -25% over the past ten years .

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