Greenfire Resources (NYSE:GFR – Get Free Report) and Occidental Petroleum (NYSE:OXY – Get Free Report) are both oils/energy companies, but which is the better business? We will compare the two companies based on the strength of their analyst recommendations, institutional ownership, valuation, earnings, risk, dividends and profitability.
Analyst Ratings
This is a breakdown of recent ratings and target prices for Greenfire Resources and Occidental Petroleum, as provided by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Greenfire Resources | 0 | 0 | 1 | 0 | 3.00 |
Occidental Petroleum | 0 | 8 | 5 | 1 | 2.50 |
Greenfire Resources presently has a consensus price target of $10.50, suggesting a potential upside of 40.94%. Occidental Petroleum has a consensus price target of $70.21, suggesting a potential upside of 37.59%. Given Greenfire Resources’ stronger consensus rating and higher probable upside, analysts plainly believe Greenfire Resources is more favorable than Occidental Petroleum.
Institutional and Insider Ownership
Earnings & Valuation
This table compares Greenfire Resources and Occidental Petroleum”s gross revenue, earnings per share and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Greenfire Resources | $743.13 million | 0.69 | -$100.50 million | N/A | N/A |
Occidental Petroleum | $28.92 billion | 1.60 | $4.70 billion | $3.66 | 13.94 |
Occidental Petroleum has higher revenue and earnings than Greenfire Resources.
Volatility and Risk
Greenfire Resources has a beta of 0.27, suggesting that its share price is 73% less volatile than the S&P 500. Comparatively, Occidental Petroleum has a beta of 1.58, suggesting that its share price is 58% more volatile than the S&P 500.
Profitability
This table compares Greenfire Resources and Occidental Petroleum’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Greenfire Resources | N/A | N/A | N/A |
Occidental Petroleum | 16.62% | 17.91% | 5.42% |
Summary
Occidental Petroleum beats Greenfire Resources on 9 of the 13 factors compared between the two stocks.
About Greenfire Resources
Greenfire Resources Ltd., together with its subsidiaries, engages in the development, exploration, and operation of oil and gas properties in the Athabasca oil sands region of Alberta. The company operates the Tier-1 oil sands assets located in Western Canada. It utilizes steam-assisted gravity drainage (SAGD) extraction technology, a situ thermal oil recovery process to recover diluted and non- diluted bitumen. The company is headquartered in Calgary, Canada.
About Occidental Petroleum
Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States, the Middle East, and North Africa. It operates through three segments: Oil and Gas, Chemical, and Midstream and Marketing. The company's Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. Its Chemical segment manufactures and markets basic chemicals, including chlorine, caustic soda, chlorinated organics, potassium chemicals, ethylene dichloride, chlorinated isocyanurates, sodium silicates, and calcium chloride; and vinyls comprising vinyl chloride monomer, polyvinyl chloride, and ethylene. The Midstream and Marketing segment gathers, processes, transports, stores, purchases, and markets oil, condensate, NGLs, natural gas, carbon dioxide, and power. This segment also invests in entities. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas.
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