Occidental Petroleum Future Growth

Future criteria checks 0/6

Occidental Petroleum is forecast to grow earnings and revenue by 6.3% and 3.4% per annum respectively. EPS is expected to grow by 4.4% per annum. Return on equity is forecast to be 12.6% in 3 years.

Key information

6.3%

Earnings growth rate

4.4%

EPS growth rate

Oil and Gas earnings growth	13.5%
Revenue growth rate	3.4%
Future return on equity	12.6%
Analyst coverage	Good
Last updated	19 Dec 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

BVL:OXY - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	29,129	3,935	5,800	12,946	7
12/31/2025	28,444	3,102	4,814	12,159	9
12/31/2024	27,155	3,344	4,092	11,303	9
9/30/2024	27,137	3,530	4,304	11,322	N/A
6/30/2024	27,122	3,706	4,005	10,769	N/A
3/31/2024	27,007	3,305	4,853	11,445	N/A
12/31/2023	28,257	3,750	6,038	12,308	N/A
9/30/2023	29,304	4,447	6,798	13,044	N/A
6/30/2023	31,536	5,827	8,268	14,182	N/A
3/31/2023	35,510	8,753	11,341	16,441	N/A
12/31/2022	36,634	12,421	12,313	16,810	N/A
9/30/2022	36,328	12,053	12,013	15,927	N/A
6/30/2022	33,730	10,149	11,355	14,778	N/A
3/31/2022	29,012	6,526	9,614	12,763	N/A
12/31/2021	25,956	1,980	7,564	10,434	N/A
9/30/2021	22,203	-721	6,199	8,746	N/A
6/30/2021	19,519	-5,204	4,343	6,480	N/A
3/31/2021	16,489	-12,046	1,712	3,526	N/A
12/31/2020	17,809	-14,377	1,420	3,955	N/A
9/30/2020	20,277	-14,366	459	4,560	N/A
6/30/2020	22,028	-11,405	541	6,113	N/A
3/31/2020	23,520	-3,830	1,358	7,766	N/A
12/31/2019	20,911	-970	1,008	7,375	N/A
9/30/2019	19,045	1,073	2,342	7,866	N/A
6/30/2019	18,402	3,831	2,981	7,865	N/A
3/31/2019	18,065	4,037	2,583	7,608	N/A
12/31/2018	17,824	4,114	2,694	7,669	N/A
9/30/2018	16,554	3,904	1,788	6,590	N/A
6/30/2018	14,337	2,231	N/A	5,272	N/A
3/31/2018	13,314	1,893	N/A	5,365	N/A
12/31/2017	12,508	1,305	N/A	4,861	N/A
9/30/2017	11,804	542	N/A	4,355	N/A
6/30/2017	11,453	116	N/A	3,919	N/A
3/31/2017	10,924	-525	N/A	3,199	N/A
12/31/2016	10,090	-1,002	N/A	3,384	N/A
9/30/2016	10,108	-6,239	N/A	3,433	N/A
6/30/2016	10,576	-8,607	N/A	3,803	N/A
3/31/2016	11,514	-8,291	N/A	3,479	N/A
12/31/2015	12,480	-8,146	N/A	3,351	N/A
9/30/2015	13,981	-6,065	N/A	5,252	N/A
6/30/2015	15,769	-2,468	N/A	6,870	N/A
3/31/2015	17,433	-1,492	N/A	8,932	N/A
12/31/2014	19,312	-144	N/A	11,068	N/A
9/30/2014	16,892	3,934	N/A	11,194	N/A
6/30/2014	18,437	4,527	N/A	12,117	N/A
3/31/2014	19,266	4,695	N/A	12,763	N/A
12/31/2013	20,170	4,919	N/A	12,778	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: OXY's forecast earnings growth (6.3% per year) is below the savings rate (8.7%).

Earnings vs Market: OXY's earnings (6.3% per year) are forecast to grow slower than the PE market (10% per year).

High Growth Earnings: OXY's earnings are forecast to grow, but not significantly.

Revenue vs Market: OXY's revenue (3.4% per year) is forecast to grow slower than the PE market (4% per year).

High Growth Revenue: OXY's revenue (3.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: OXY's Return on Equity is forecast to be low in 3 years time (12.6%).

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/26 02:13
End of Day Share Price	2024/12/24 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Industry and Sector Metrics

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Analyst Sources

Occidental Petroleum Corporation is covered by 61 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
William Selesky	Argus Research Company
Finbarr MacCarthy	Atlantic Equities LLP
Thomas Driscoll	Barclays