Occidental Petroleum benefits from strong international operations, driving growth and resilience

From Zacks Investment Research: 2025-06-27 13:32:00

Occidental Petroleum (OXY) benefits from international assets, with Middle East projects and new Algeria deals supporting production and cash flow. OXY’s global footprint drives growth and resilience, with operations in key regions like Qatar, Oman, and the UAE. The company’s focus on decarbonization and direct air capture technology sets it apart in the industry. Occidental’s international initiatives are expected to contribute significantly to production by 2025. Additionally, international operations help reduce domestic market risk and enhance free cash flow. Other U.S. oil and gas companies like ExxonMobil and Chevron also benefit from international diversification.

Occidental’s earnings per share estimate for 2025 and 2026 has decreased recently. The company’s return on equity is slightly lower than the industry average. Despite this, Occidental’s stock has seen a 3.2% increase in the past month, slightly underperforming the industry. With a Zacks Rank #3 (Hold), Occidental remains a key player in the oil and gas sector, offering potential for growth and stability in the long term.



Read more at Zacks Investment Research: OXY’s International Operations Are Powering Multi-Dimensional Growth – June 27, 2025