This blog post will analyze the OXY Stock Price Prediction for 2023 to 2060 based on a technical and fundamental analysis of the OXY stock price history.
Let’s discuss the future price forecast of OXY Stock.
In the current scenario, Investing in the stock market requires in-depth stock analysis and consideration, especially when it comes to predicting future stock prices.
Before EV vehicle evaluation, oil and energy stocks always remained the first preference of maximum investors to invest their money.
One American oil and energy company that attracts the attention of many investors is Occidental Petroleum Corporation (OXY), also known as Occidental or Oxy, had a headquarters in Houston, Texas.
Occidental Petroleum Corporation was founded by Armand Hammer in 1920, with a ticker symbol of OXY listed on the New York Stock Exchange (NYSE).
OXY is globally involved in many active businesses like exploration, development, production, and marketing of crude oil, natural gas, and other petroleum products.
- 1 Financial Overview of OXY Stock
- 2 OXY Stock Price Prediction | OXY Stock Forecast
- 2.1 OXY Stock Price Prediction 2023 | OXY Stock Forecast 2023
- 2.2 OXY Stock Price Prediction 2024 | OXY Stock Forecast 2024
- 2.3 OXY Stock Price Prediction 2025 | OXY Stock Forecast 2025
- 2.4 OXY Stock Price Prediction 2030 | OXY Stock Forecast 2030
- 2.5 OXY Stock Price Prediction 2035 | OXY Stock Forecast 2035
- 2.6 OXY Stock Price Prediction 2040 | OXY Stock Forecast 2040
- 2.7 OXY Stock Price Prediction 2045 | OXY Stock Forecast 2045
- 2.8 OXY Stock Price Prediction 2050 | OXY Stock Forecast 2050
- 3 FAQ about OXY
- 4 Final words
Financial Overview of OXY Stock
| Parameters Name | Value/Price |
| Current Stock Price | $58.15 |
| Market Cap | 51.85B |
| Enterprise Value | 80.49B |
| Price/Sales (TTM) | 1.63 |
| Enterprise Value/Revenue | 2.27 |
| Price/Book (MRQ) | 2.54 |
| Enterprise Value/EBITDA | 3.89 |
| 52 Week Low/High | $54.30/$77.13 |
| 50/200 Day Moving Average | $60.17/ $63.79 |
| S&P500 52-Week Change | 4.19% |
| Official Website | OXY |
OXY Stock Price Prediction | OXY Stock Forecast
| OXY Stock Price Prediction Year | Minimum Price | Maximum Price |
| 2023 | $54.12 | $77.14 |
| 2024 | $61.25 | $81.99 |
| 2025 | $67.15 | $90.37 |
| 2030 | $109.87 | $123.59 |
| 2035 | $118.52 | $135.36 |
| 2040 | $198.98 | $216.10 |
| 2045 | $285.31 | $300.13 |
| 2050 | $387.66 | $446.92 |
OXY Stock Price Prediction 2023 | OXY Stock Forecast 2023
Due to American sanctions on oil-producing countries, there is a slow increase in cruise oil prices.
Becouse of continued conflicts, oil industry stocks have come to the preference of most investors.
Being the most reputed and oldest oil industry, OXY stock successfully developed a profound trust factor in investors.
As per wall street expert’s analysis, OXY stock in 2023 will hit a maximum of $77.14 price barrier from a lower price band of $54.12.
| OXY Stock Price Prediction Year | Minimum Price | Average Price | Maximum Price |
| 2023 | $54.12 | $65.63 | $77.14 |
OXY Stock Price Prediction 2024 | OXY Stock Forecast 2024
By 2024, the prices of Occidental Petroleum stocks will rise slowly, with many up and down, as predicted by most industry experts.
But their petroleum products sale is expected to definitely increase this year which balance the oil price fluctuation.
As per our technical analysis of OXY stock price for 2024, its price may be moved in the range of $61.25 to $81.99 during this year.
This price prediction may also move in the upward direction if recession problems are solved fastly by the USA and European countries.
| OXY Stock Price Prediction Year | Minimum Price | Average Price | Maximum Price |
| 2024 | $61.25 | $71.62 | $81.99 |
OXY Stock Price Prediction 2025 | OXY Stock Forecast 2025
At present, OXY company deal in a large variety of operation in oil and energy sectors like cruise oil extraction, transportation, petroleum product manufacturing, etc.
Along with the oil industry, this company also works in different renewable energy sections, like solar power, and also actively participate in the reduction of environmental effect.
In 2025 OXY stock price might take a bullish pattern, are predicted by many wall street experts.
And as per our analysis of the OXY price forecast, its price might easily reach a maximum value of $74 from a minimum value of $55.
If the market takes movement according to our analysis, this price may be exide than the predicted value.
But due to unexpected fake news and rummers, its price also takes a downward trend pattern.
| OXY Stock Price Prediction Year | Minimum Price | Average Price | Maximum Price |
| 2025 | $67.15 | $78.76 | $90.37 |
OXY Stock Price Prediction 2030 | OXY Stock Forecast 2030
Occidental Petroleum Company (OXY) extensively involves in the business of exploration and production of oil and gas reserves with in-house refining, marketing, and distribution.
With the successful journey of this company, many acquisitions and divestitures have been performed to increase revenue and operation optimization.
After analyzing its management leadership strength, market capitalization, and future growth roadmap, this company stock might be the best investment from a long-term perspective.
Our analysis for 2030 predicts OXY stock might hit $85 for a maximum threshold with $54 for a minimum value.
| OXY Stock Price Prediction Year | Minimum Price | Average Price | Maximum Price |
| 2030 | $109.87 | $116.73 | $123.59 |
OXY Stock Price Prediction 2035 | OXY Stock Forecast 2035
The main quality of this company is its shift their operation according to the demand of their sectors.
In 2035 oil industry may face difficulties due to EV vehicles presents in the market, but petroleum product sale also increases, and this company is also working in the area of sustainable energy sectors.
Many Wall Street experts predict that the OXY stock price in 2035 is expected to move to a higher value of $160 from a lower value of $125.
| OXY Stock Price Prediction Year | Minimum Price | Average Price | Maximum Price |
| 2035 | $118.52 | $126.94 | $135.36 |
OXY Stock Price Prediction 2040 | OXY Stock Forecast 2040
With all the essential qualities, OXY stock has a huge potential to grow in the future because it remains at the top-level investment preference in the petroleum sector.
In our stock analysis of OXY company, its price may climb to a maximum value of $220 and goes down to the lowest value of $166 in 2040.
| OXY Stock Price Prediction Year | Minimum Price | Average Price | Maximum Price |
| 2040 | $198.98 | $207.54 | $216.10 |
OXY Stock Price Prediction 2045 | OXY Stock Forecast 2045
In 2045, there were some noticeable fluctuations in the market innovation, OXY stock price might fluctuate.
The lowest trading price of OXY stock throughout this time will be $230, with the maximum price reaching $260 at the end of the year.
In our opinion, always do your own in-depth study of the company in which you will invest.
| OXY Stock Price Prediction Year | Minimum Price | Average Price | Maximum Price |
| 2045 | $285.31 | $292.72 | $300.13 |
OXY Stock Price Prediction 2050 | OXY Stock Forecast 2050
In the middle of this century, the OXY company may have to face the challenges and opportunities typical of the oil and gas sector.
By balancing growth and social responsibility equally, this organization will gain colossal revenue growth in 2050, and its stock might move from $285 to $300.
| OXY Stock Price Prediction Year | Minimum Price | Average Price | Maximum Price |
| 2050 | $387.66 | $417.29 | $446.92 |
FAQ about OXY
What is OXY Stock Price Prediction 2040
In our stock analysis of OXY company, its price may climb to a maximum value of $220 and goes down to the lowest value of $166 in 2040.
What is OXY Stock Forecast 2025
Its stock price might easily reach a maximum value of $74 from a minimum value of $55 in 2025.
Final words
In this post, a detailed year-wise analysis is provided about the OXY stock price forecast with different price-affecting factors.
As per our study, since the inception of Occidental Petroleum (OXY), this company has created a new record in innovation and revolutionized energy sectors.
Based on our technical and fundamental analysis of OXY stock price predictions for various years, it can be concluded that OXY is a viable investment opportunity option for the long term.
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