Occidental Stock Buy Hold or Sell Recommendation

OXY
 Stock
  

USD 70.28  0.84  1.18%   

Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Occidental Petroleum Corp is 'Strong Hold'. Macroaxis provides Occidental Petroleum buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding OXY positions. The advice algorithm takes into account all of Occidental Petroleum's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from Occidental Petroleum's buy-and-hold perspective. Please check Occidental Petroleum Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual companies such as Occidental and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards Occidental Petroleum Corp.

Execute Occidental Petroleum Buy or Sell Advice

The Occidental recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Occidental Petroleum Corp. Macroaxis does not own or have any residual interests in Occidental Petroleum Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Occidental Petroleum's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Occidental PetroleumBuy Occidental Petroleum
Strong Hold

Volatility

Details

Hype Condition

Details

Current Valuation

Details

Odds of Distress

Details

Economic Sensitivity

Details

Analyst Consensus

Details

Financial Strenth (F Score)

Details

Financial Leverage

Details

Reporting Quality (M-Score)

Details
For the selected time horizon Occidental Petroleum Corp has a Risk Adjusted Performance of (0.022899), Jensen Alpha of (0.13), Total Risk Alpha of (0.19) and Treynor Ratio of (0.06)
Macroaxis provides unbiased recommendation on Occidental Petroleum Corp that should be used to complement current analysts and expert consensus on Occidental Petroleum Corp. Our trade recommendations engine determines the firm's potential to grow exclusively from the perspective of an investors' current risk tolerance and investing horizon. To make sure Occidental Petroleum is not overpriced, please check all Occidental Petroleum Corp fundamentals, including its shares outstanding, price to sales, cash per share, as well as the relationship between the number of shares shorted and ebitda . Given that Occidental Petroleum Corp has a price to earning of 7.20 X, we recommend you to check out Occidental Petroleum Corp market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your recent risk tolerance and investing horizon.

Occidental Petroleum Trading Alerts and Improvement Suggestions

Occidental Petroleum generated a negative expected return over the last 90 days
Over 83.0% of the company shares are owned by institutional investors
On 17th of October 2022 Occidental Petroleum paid $ 0.13 per share dividend to its current shareholders

Occidental Petroleum current analysts advice

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Occidental analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Occidental analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Mean Price75.45
Target Median Price74.00
Target High Price110.00
Recommendation Mean2.60
Number Of Analyst Opinions25
Target Low Price59.00
Average Consensus Hold
The consensus estimates and target price estimation comprises individual analyst assessments, and may or may not mutch the Macroaxis buy or sell advice. It is determined by taking an average of all analyst recommendations and classifying them as Strong Buy, Buy, Hold, or Sell.

Occidental Petroleum Returns Distribution Density

The distribution of Occidental Petroleum's historical returns is an attempt to chart the uncertainty of Occidental Petroleum's future price movements. The chart of the probability distribution of Occidental Petroleum stock daily returns describes the distribution of returns around its average expected value. We use Occidental Petroleum Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Occidental Petroleum returns is essential to provide solid investment advice for Occidental Petroleum.
Mean Return-0.05Value At Risk-4.31
Potential Upside4.44Standard Deviation2.79
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Occidental Petroleum historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Occidental Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Occidental Petroleum is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Occidental Petroleum Corp backward and forwards among themselves. Occidental Petroleum's institutional investor refers to the entity that pools money to purchase Occidental Petroleum's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Zwj Investment Counsel IncCommon Shares4.1 K274 K
Zwj Investment Counsel IncCommon Shares4.7 K290 K
Zwj Investment Counsel IncCommon Shares4.6 K381 K
Zwj Investment Counsel IncCommon Shares3.9 K329 K
Zwj Investment Counsel IncCommon Shares4.1 K269 K
Zwj Investment Counsel IncCommon Shares2.8 K204 K
Zwj Investment Counsel IncCommon Shares3.5 K223 K
Note, although Occidental Petroleum's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Occidental Petroleum Cash Flow Accounts

201720182019202020212022 (projected)
Capital Expenditure(2.83 B)(3.48 B)(4.92 B)(6.64 B)(7.63 B)(8.24 B)
Depreciation Amortization and Accretion4.27 B4 B3.98 B5.98 B6.88 B5.95 B
Net Cash Flow or Change in Cash and Cash Equivalents(2.16 B)(561 M)1.36 B541 M486.9 M525.34 M
Net Cash Flow Business Acquisitions and Disposals(2.04 B)(1.06 B)(928 M)(28.09 B)(25.28 B)(25.94 B)
Issuance Purchase of Equity Shares14 M3 M(1.22 B)9.79 B11.26 B12.15 B
Issuance Repayment of Debt Securities1.48 B1.49 B478 M15.06 B17.32 B18.68 B
Payment of Dividends and Other Cash Distributions(2.31 B)(2.35 B)(2.37 B)(2.62 B)(2.36 B)(2.55 B)
Net Cash Flow from Financing(2.34 B)(3.1 B)22.19 B(4.52 B)(8.57 B)(8.8 B)
Net Cash Flow from Investing(3.21 B)(3.21 B)(29.03 B)(819 M)(1.25 B)(1.35 B)
Net Cash Flow Investment Acquisitions and Disposals302 M1.46 B2.64 B5.85 B6.73 B7.26 B
Net Cash Flow from Operations5 B7.67 B7.38 B3.96 B10.43 B10.22 B

Occidental Petroleum Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Occidental Petroleum or Energy sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Occidental Petroleum's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Occidental stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
-0.13
β
Beta against DOW1.03
σ
Overall volatility
2.81
Ir
Information ratio -0.05

Occidental Petroleum Volatility Alert

Occidental Petroleum Corp exhibits very low volatility with skewness of -0.39 and kurtosis of 0.76. However, we advise investors to further study Occidental Petroleum Corp technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Occidental Petroleum's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Occidental Petroleum's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Occidental Petroleum Implied Volatility

Occidental Petroleum's implied volatility exposes the market's sentiment of Occidental Petroleum Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Occidental Petroleum's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Occidental Petroleum stock will not fluctuate a lot when Occidental Petroleum's options are near their expiration.

Occidental Petroleum Fundamentals Vs Peers

Comparing Occidental Petroleum's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Occidental Petroleum's direct or indirect competition across all of the common fundamentals between Occidental Petroleum and the related equities. This way, we can detect undervalued stocks with similar characteristics as Occidental Petroleum or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Occidental Petroleum's fundamental indicators could also be used in its relative valuation, which is a method of valuing Occidental Petroleum by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Occidental Petroleum to competition
FundamentalsOccidental PetroleumPeer Average
Return On Equity47.85 %(0.31) %
Return On Asset9.31 %(0.14) %
Profit Margin32.60 %(1.27) %
Operating Margin55.98 %(5.51) %
Current Valuation98.6 B16.62 B
Shares Outstanding933.98 M571.82 M
Shares Owned by Insiders0.18 %10.09 %
Shares Owned by Institutions82.98 %39.21 %
Number of Shares Shorted52.19 M4.71 M
Price to Earning7.20 X28.72 X
Price to Book7.52 X9.51 X
Price to Sales1.97 X11.42 X
Revenue33.73 B9.43 B
Gross Profit16.3 B27.38 B
EBITDA18.88 B3.9 B
Net Income10.15 B570.98 M
Cash and Equivalents1.36 B2.7 B
Cash per Share1.47 X5.01 X
Total Debt23.44 B5.32 B
Debt to Equity0.84 %48.70 %
Current Ratio1.07 X2.16 X
Book Value Per Share9.46 X1.93 K
Cash Flow from Operations14.78 B971.22 M
Short Ratio2.08 X4.00 X
Earnings Per Share(17.06) X3.12 X
Price to Earnings To Growth0.19 X4.89 X
Number of Employees11.68 K18.84 K
Beta1.84-0.15
Market Capitalization66.42 B19.03 B
Total Asset43.41 B29.47 B
Retained Earnings22.96 B9.33 B
Working Capital2.56 B1.48 B
Current Asset9.4 B9.34 B
   Acquisition by Kerrigan Sylvia J of 40587 shares of Occidental Petroleum subject to Rule 16b-3 [view details]

Occidental Petroleum Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Occidental . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Occidental Petroleum Buy or Sell Advice

When is the right time to buy or sell Occidental Petroleum Corp? Buying financial instruments such as Occidental Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2019 2020 2021 2022 (projected)
Receivables6.37 B2.12 B4.21 B4.82 B
Inventories1.45 B1.9 B1.85 B1.51 B

Use Investing Ideas to Build Portfolios

In addition to having Occidental Petroleum in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Military Industrial
Military Industrial Theme
A collection of large United States defense contractors including companies involved in production or distribution of aircraft, ships, vehicles, weaponry, and electronic systems in cooperation with the government. The Military Industrial theme has 46 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Military Industrial Theme or any other thematic opportunities.
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Please check Occidental Petroleum Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.

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Is Occidental Petroleum's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Occidental Petroleum. If investors know Occidental will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Occidental Petroleum listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
2.89
Market Capitalization
63.9 B
Quarterly Revenue Growth YOY
0.38
Return On Assets
0.11
Return On Equity
0.54
The market value of Occidental Petroleum Corp is measured differently than its book value, which is the value of Occidental that is recorded on the company's balance sheet. Investors also form their own opinion of Occidental Petroleum's value that differs from its market value or its book value, called intrinsic value, which is Occidental Petroleum's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Occidental Petroleum's market value can be influenced by many factors that don't directly affect Occidental Petroleum's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Occidental Petroleum's value and its price as these two are different measures arrived at by different means. Investors typically determine Occidental Petroleum value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Occidental Petroleum's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.