Occidental Petroleum Corporation
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $64.47
- Today's High:
- $66.485
- Open Price:
- $64.5
- 52W Low:
- $55.1917
- 52W High:
- $75.3004
- Prev. Close:
- $63.84
- Volume:
- 11402635
Company Statistics
- Market Cap.:
- $56.48 billion
- Book Value:
- 23.161
- Revenue TTM:
- $31.54 billion
- Operating Margin TTM:
- 28.89%
- Gross Profit TTM:
- $24.57 billion
- Profit Margin:
- 21.55%
- Return on Assets TTM:
- 7.83%
- Return on Equity TTM:
- 23.74%
Company Profile
Occidental Petroleum Corporation had its IPO on 1981-12-31 under the ticker symbol OXY.
The company operates in the Energy sector and Oil & Gas E&P industry. Occidental Petroleum Corporation has a staff strength of 11,973 employees.
Stock update
Shares of Occidental Petroleum Corporation opened at $64.5 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $64.47 - $66.49, and closed at $66.43.
This is a +4.06% increase from the previous day's closing price.
A total volume of 11,402,635 shares were traded at the close of the day’s session.
In the last one week, shares of Occidental Petroleum Corporation have increased by +3.16%.
Occidental Petroleum Corporation's Key Ratios
Occidental Petroleum Corporation has a market cap of $56.48 billion, indicating a price to book ratio of 3.053 and a price to sales ratio of 1.5802.
In the last 12-months Occidental Petroleum Corporation’s revenue was $31.54 billion with a gross profit of $24.57 billion and an EBITDA of $16.30 billion. The EBITDA ratio measures Occidental Petroleum Corporation's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Occidental Petroleum Corporation’s operating margin was 28.89% while its return on assets stood at 7.83% with a return of equity of 23.74%.
In Q2, Occidental Petroleum Corporation’s quarterly earnings growth was a negative -81.8% while revenue growth was a negative 37.2%.
Occidental Petroleum Corporation’s PE and PEG Ratio
- Forward PE
- 8.5179
- Trailing PE
- 10.7838
- PEG
- 1.2175
Its diluted EPS in the last 12-months stands at $5.92 per share while it has a forward price to earnings multiple of 8.5179 and a PEG multiple of 1.2175. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Occidental Petroleum Corporation’s profitability.
Occidental Petroleum Corporation stock is trading at a EV to sales ratio of 2.4305 and a EV to EBITDA ratio of 4.0407. Its price to sales ratio in the trailing 12-months stood at 1.5802.
Occidental Petroleum Corporation stock pays annual dividends of $0.62 per share, indicating a yield of 1.1% and a payout ratio of 11.51%.
Balance sheet and cash flow metrics
- Total Assets
- $71.20 billion
- Total Liabilities
- $7.46 billion
- Operating Cash Flow
- $-1939000000.00
- Capital Expenditure
- $1.62 billion
- Dividend Payout Ratio
- 11.51%
Occidental Petroleum Corporation ended 2024 with $71.20 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $71.20 billion while shareholder equity stood at $29.11 billion.
Occidental Petroleum Corporation ended 2024 with $14.96 billion in deferred long-term liabilities, $7.46 billion in other current liabilities, 221000000.00 in common stock, $17.76 billion in retained earnings and $0 in goodwill. Its cash balance stood at $486.00 million and cash and short-term investments were $486.00 million. The company’s total short-term debt was $442,000,000 while long-term debt stood at $19.67 billion.
Occidental Petroleum Corporation’s total current assets stands at $7.45 billion while long-term investments were $4.58 billion and short-term investments were $0. Its net receivables were $2.85 billion compared to accounts payable of $3.56 billion and inventory worth $2.02 billion.
In 2024, Occidental Petroleum Corporation's operating cash flow was $-1939000000.00 while its capital expenditure stood at $1.62 billion.
Comparatively, Occidental Petroleum Corporation paid $0.12 in dividends in 2024.
Other key metrics
- Current Trading Price
- $66.43
- 52-Week High
- $75.3004
- 52-Week Low
- $55.1917
- Analyst Target Price
- $68.38
Occidental Petroleum Corporation stock is currently trading at $66.43 per share. It touched a 52-week high of $75.3004 and a 52-week low of $75.3004. Analysts tracking the stock have a 12-month average target price of $68.38.
Its 50-day moving average was $62.23 and 200-day moving average was $61.54 The short ratio stood at 5.21 indicating a short percent outstanding of 0%.
Around 27.6% of the company’s stock are held by insiders while 7961.7% are held by institutions.
Frequently Asked Questions About Occidental Petroleum Corporation
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About
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, North Africa, and Latin America. 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 trades around its assets consisting of transportation and storage capacity; and invests in entities. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas.