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Global Oil Demand And Carbon Capture Will Underpin Resilience

Published
19 Aug 24
Updated
16 Sep 25
AnalystConsensusTarget's Fair Value
US$51.00
13.3% undervalued intrinsic discount
16 Sep
US$44.23
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1Y
-19.3%
7D
-5.9%

Author's Valuation

US$5113.3% undervalued intrinsic discount

AnalystConsensusTarget Fair Value

Shared on16 Sep 25
Fair value Increased 0.69%

Analysts modestly raised Occidental Petroleum’s price target to $51.00 as updated commodity forecasts reflect cautious optimism for gas demand amid sector-wide oil price volatility and industry leadership shifts, resulting in only a marginal upward fair value revision. Analyst Commentary Analysts are recalibrating price targets to reflect updated commodity price outlooks, particularly adjusting for a more cautious stance on oil while maintaining a positive skew for gas prices over the next year.

Shared on07 May 25
Fair value Decreased 0.82%

Shared on30 Apr 25
Fair value Decreased 0.87%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on23 Apr 25
Fair value Decreased 1.60%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on16 Apr 25
Fair value Decreased 4.66%

AnalystConsensusTarget has decreased revenue growth from 3.0% to 2.6%.

Shared on09 Apr 25
Fair value Decreased 4.97%

AnalystConsensusTarget has decreased revenue growth from 3.8% to 3.0%.

Shared on02 Apr 25
Fair value Decreased 2.05%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on26 Mar 25
Fair value Decreased 0.86%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on19 Mar 25
Fair value Decreased 1.96%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on10 Mar 25
Fair value Increased 20%

AnalystConsensusTarget has increased revenue growth from 3.3% to 4.1%.