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With Oil Prices Soaring, Is Occidental Petroleum Stock a Buy Right Now? | OXY Stock Analysis

Occidental Petroleum (OXY) is currently benefiting from high oil prices, but the company is focused on long-term cash flow improvement independent of commodity prices. While its forward P/E suggests a neutral valuation, a discounted cash flow model indicates significant upside potential, though this is accompanied by substantial risks related to oil price fluctuations and the company's ability to achieve its cash flow targets.

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OXYBullishMedium ConvictionSignal-backedPrimary

Occidental Petroleum stock is a buying opportunity with a 73% upside potential based on a DCF model, despite risks.

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