Occidental Petroleum Corporation is an oil & gas e&p business based in the US. Occidental Petroleum Corporation shares (OXY.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $62.56 – a decrease of 2.63% over the previous day. Occidental Petroleum Corporation employs 11,973 staff and has a market cap (total outstanding shares value) of $58.5 billion.
How to buy shares in Occidental Petroleum Corporation
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Is it a good time to buy Occidental Petroleum Corporation stock?
Only you can make the decision on the time to leap. The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.
Finder might not agree with the analysis and we take no responsibility. We also give no representations or warranty on the accuracy or completeness of the information provided on this page.
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Note: The dollar amounts in the table below are in Canadian dollars.
Is Occidental Petroleum Corporation stock undervalued or overvalued?
Valuing Occidental Petroleum Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Occidental Petroleum Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Occidental Petroleum Corporation's P/E ratio
Occidental Petroleum Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 11x. In other words, Occidental Petroleum Corporation shares trade at around 11x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Occidental Petroleum Corporation's PEG ratio
Occidental Petroleum Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.2175. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Occidental Petroleum Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Occidental Petroleum Corporation's EBITDA
Occidental Petroleum Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $16.3 billion.
The EBITDA is a measure of a Occidental Petroleum Corporation's overall financial performance and is widely used to measure a its profitability.
Occidental Petroleum Corporation financials
|Revenue TTM||$31.5 billion|
|Operating margin TTM||28.89%|
|Gross profit TTM||$24.6 billion|
|Return on assets TTM||7.83%|
|Return on equity TTM||23.74%|
|Market capitalisation||$58.5 billion|
TTM: trailing 12 months
Occidental Petroleum Corporation share dividends
Dividend payout ratio: 11.51% of net profits
Recently Occidental Petroleum Corporation has paid out, on average, around 11.51% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.07% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Occidental Petroleum Corporation shareholders could enjoy a 1.07% return on their shares, in the form of dividend payments. In Occidental Petroleum Corporation's case, that would currently equate to about $0.62 per share.
While Occidental Petroleum Corporation's payout ratio might seem low, this can signify that Occidental Petroleum Corporation is investing more in its future growth.
Occidental Petroleum Corporation's most recent dividend payout was on 13 October 2023. The latest dividend was paid out to all shareholders who bought their shares by 7 September 2023 (the "ex-dividend date").
Have Occidental Petroleum Corporation's shares ever split?
Occidental Petroleum Corporation's shares were split on a 10000:9983 basis on 25 February 2016. So if you had owned 9983 shares the day before before the split, the next day you'd have owned 10000 shares. This wouldn't directly have changed the overall worth of your Occidental Petroleum Corporation shares – just the quantity. However, indirectly, the new 0.2% lower share price could have impacted the market appetite for Occidental Petroleum Corporation shares which in turn could have impacted Occidental Petroleum Corporation's share price.
Occidental Petroleum Corporation overview
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.
Frequently asked questions
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