Occidental Petroleum Could Offer 'Minimal Shareholder Return': Analyst
Occidental Petroleum Could Offer 'Minimal Shareholder Return': Analyst
Shares of Occidental Petroleum Corp (NYSE:OXY) have been in focus due to the delay in the CrownRock deal.
由于CrownRock交易的延迟，西方石油公司（纽约证券交易所代码：OXY）的股票一直是人们关注的焦点。
The Houston-based oil and gas company is likely to have "solid" production upside in the back half of the year, "driven by organic and external Permian activity as the company ramps activity, according to Truist Securities.
根据Truist Securities的数据，这家总部位于休斯敦的石油和天然气公司可能会在下半年实现 “稳健” 的产量增长，“这得益于公司活动增加时的有机和外部二叠纪活动。
The Occidental Petroleum Analyst: Neal Dingmann downgraded the rating for Occidental Petroleum from Buy to Hold, while slashing its price target from $84 to $69.
西方石油分析师：尼尔·丁曼将西方石油的评级从买入下调至持有，同时将其目标股价从84美元下调至69美元。
The Occidental Petroleum Thesis: While the CrownRock acquisition, which is expected to close in the current quarter, does add quality inventory and production, it is likely to be less accretion than other recent deals, Dingmann said in the downgraded note.
西方石油论点：丁曼在降级报告中表示，尽管预计将在本季度完成的对CrownRock的收购确实增加了高质量的库存和产量，但增幅可能小于最近的其他交易。
Check out other analyst stock ratings.
查看其他分析师股票评级。
"OXY has 9.5mm US acres with ~1,700 undeveloped locations soon added with the CrownRock acquisition," the analyst wrote. While Occidental Petroleum has more acres than many US operators — 20% of the total is unconventional Permian Basin acres with even some of this not in what we might classify as likely core positions — less than 20% of the total is "unconventional Permian Basin acres with even some of this not in what we might classify as likely core positions," he added.
这位分析师写道：“OXY拥有9.5万英亩的美国土地，随着对CrownRock的收购，不久又增加了约1,700个未开发的地点。”他补充说，尽管西方石油公司的英亩面积比许多美国运营商都要多——其中20％是非常规的二叠纪盆地英亩，其中一些甚至不在我们可能归类为核心位置的范围之内——但总面积中只有不到20％是 “非常规的二叠纪盆地英亩，即使其中一些也不在我们可能归类为核心位置的范围内”。
The upcoming quarters are likely to offer "minimal shareholder return," with Occidental Petroleum using most of its free cash flows and the proceeds from its divestiture program to reduce debt to below $15 billion, Dingmann further stated.
丁曼进一步表示，未来几个季度可能会提供 “最低的股东回报”，西方石油将利用其大部分自由现金流和剥离计划的收益将债务减少至150亿美元以下。
OXY Price Action: Shares of Occidental Petroleum had declined by 0.5% to $63.08 at the time of publication on Thursday.
OXY价格走势：截至周四发布时，西方石油的股价下跌了0.5％，至63.08美元。
Image: Shutterstock
图片：Shutterstock
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