Occidental Z Score

OXY
 Stock
  

USD 68.21  0.59  0.86%   

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Please check Occidental Petroleum Piotroski F Score and Occidental Petroleum Valuation analysis.
  
Occidental Petroleum Return on Invested Capital is fairly stable at the moment as compared to the past year. Occidental Petroleum reported Return on Invested Capital of 0.0108 in 2021. Invested Capital is likely to rise to about 162.6 B in 2022, whereas Capital Expenditure is likely to drop (8.2 B) in 2022. Occidental Petroleum Earning Before Interest and Taxes EBIT is fairly stable at the moment as compared to the past year. Occidental Petroleum reported Earning Before Interest and Taxes EBIT of 982.8 Million in 2021. Gross Profit is likely to rise to about 6 B in 2022, whereas Direct Expenses is likely to drop slightly above 8.1 B in 2022.

Occidental Z Score Analysis

Occidental Petroleum's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
 2019 2020 2021 2022 (projected)
Receivables6.37 B2.12 B4.21 B4.82 B
Inventories1.45 B1.9 B1.85 B1.51 B
Z Score 
 = 
Sum Of  
 
5 Factors 
More About Z Score | All Equity Analysis

Current Occidental Petroleum Z Score

    
  1.2  
Most of Occidental Petroleum's fundamental indicators, such as Z Score, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Occidental Petroleum is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
First Factor
 = 
1.2 * (
Working Capital
/
Total Assets )
Second Factor
 = 
1.4 * (
Retained Earnings
/
Total Assets )
Thrid Factor
 = 
3.3 * (
EBITAD
/
Total Assets )
Fouth Factor
 = 
0.6 * (
Market Value of Equity
/
Total Liabilities )
Fifth Factor
 = 
0.99 * (
Revenue
/
Total Assets )

Occidental Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Occidental Petroleum is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since Occidental Petroleum's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Occidental Petroleum's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Occidental Petroleum's interrelated accounts and indicators.
To calculate Z-Score one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. Z-Score can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area' with scores of less than 1, indicating the high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
Compare to competition

Based on the company's disclosures, Occidental Petroleum has a Z Score of 1.2. This is 46.19% lower than that of the Oil, Gas & Consumable Fuels sector and 58.62% lower than that of the Energy industry. The z score for all United States stocks is 86.24% higher than that of the company.

Occidental Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Occidental Petroleum's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Occidental Petroleum could also be used in its relative valuation, which is a method of valuing Occidental Petroleum by comparing valuation metrics of similar companies.
Occidental Petroleum is currently under evaluation in z score category among related companies.

Occidental Petroleum Current Valuation Drivers

We derive many important indicators used in calculating different scores of Occidental Petroleum from analyzing Occidental Petroleum's financial statements. These drivers represent accounts that assess Occidental Petroleum's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Occidental Petroleum's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee119.18 K375.55 K(46.32 K)(1.25 M)198.84 K214.53 K
Revenue Per Employee1.21 M1.72 M1.47 M1.37 M2.25 M2.14 M
Average Assets42.29 B41.98 B43.92 B80.98 B93.13 B80.88 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA4.96 B9.31 B6.86 B(6.55 B)13.13 B10.8 B
Earnings Before Interest Taxes and Depreciation Amortization USD3.32 B5.67 B9.97 B7.07 B6.37 B6.65 B
Earnings before Tax(1.24 B)1.33 B5.61 B26 M23.4 M24.02 M
Average Equity22.67 B20.84 B21.12 B28.22 B25.4 B26.45 B
Enterprise Value59.59 B64.39 B53.7 B80.27 B72.25 B66.86 B
Free Cash Flow553 M1.38 B2.75 B738 M664.2 M681.68 M
Invested Capital44.33 B42.78 B43.73 B131.01 B150.66 B162.55 B
Invested Capital Average41.69 B43.26 B44.26 B91.99 B105.79 B86.43 B
Market Capitalization54.43 B56.37 B46.34 B36.81 B33.13 B43.03 B
Tangible Asset Value43.11 B42.03 B43.85 B109.33 B125.73 B135.66 B
Working Capital2.07 B870 M2.52 B1.93 B1.74 B2.2 B

Occidental Petroleum ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Occidental Petroleum's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Occidental Petroleum's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

Occidental Petroleum Institutional Holders

Institutional Holdings refers to the ownership stake in Occidental Petroleum that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Occidental Petroleum's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Occidental Petroleum's value.
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

Occidental Fundamentals

About Occidental Petroleum Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Occidental Petroleum's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Occidental Petroleum using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Occidental Petroleum based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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, Africa, and Latin America. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas. Occidental Petroleum operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. It employs 11678 people.

Occidental Petroleum Investors Sentiment

The influence of Occidental Petroleum's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Occidental. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Occidental Petroleum's public news can be used to forecast risks associated with investment in Occidental. The trend in average sentiment can be used to explain how an investor holding Occidental can time the market purely based on public headlines and social activities around Occidental Petroleum. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Occidental Petroleum's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Occidental Petroleum's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Occidental Petroleum's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Occidental Petroleum.

Occidental Petroleum Implied Volatility

    
  45.88  
Occidental Petroleum's implied volatility exposes the market's sentiment of Occidental Petroleum 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Occidental Petroleum in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Occidental Petroleum's short interest history, or implied volatility extrapolated from Occidental Petroleum options trading.

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Please check Occidental Petroleum Piotroski F Score and Occidental Petroleum Valuation analysis. You can also try Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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When running Occidental Petroleum price analysis, check to measure Occidental Petroleum's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Occidental Petroleum is operating at the current time. Most of Occidental Petroleum's value examination focuses on studying past and present price action to predict the probability of Occidental Petroleum's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Occidental Petroleum's price. Additionally, you may evaluate how the addition of Occidental Petroleum to your portfolios can decrease your overall portfolio volatility.
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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
62 B
Quarterly Revenue Growth YOY
0.38
Return On Assets
0.11
Return On Equity
0.54
The market value of Occidental Petroleum 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.