Occidental Petroleum (NYSE:OXY) & Greenfire Resources (NYSE:GFR) Financial Analysis

Greenfire Resources (NYSE:GFR) and Occidental Petroleum (NYSE:OXY) are both oils/energy companies, but which is the superior investment? We will contrast the two companies based on the strength of their analyst recommendations, profitability, risk, institutional ownership, dividends, valuation and earnings.

Analyst Recommendations

This is a breakdown of current ratings and price targets 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 target price of $10.50, suggesting a potential upside of 40.94%. Occidental Petroleum has a consensus target price of $70.21, suggesting a potential upside of 37.59%. Given Greenfire Resources’ stronger consensus rating and higher probable upside, equities analysts clearly believe Greenfire Resources is more favorable than Occidental Petroleum.

Risk & Volatility

Greenfire Resources has a beta of 0.27, indicating that its share price is 73% less volatile than the S&P 500. Comparatively, Occidental Petroleum has a beta of 1.58, indicating 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%

Valuation and Earnings

This table compares Greenfire Resources and Occidental Petroleum”s top-line revenue, earnings per share (EPS) 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.

Insider & Institutional Ownership

88.9% of Greenfire Resources shares are owned by institutional investors. Comparatively, 88.7% of Occidental Petroleum shares are owned by institutional investors. 20.0% of Greenfire Resources shares are owned by insiders. Comparatively, 0.3% of Occidental Petroleum shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

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.