Occidental Stock Today

OXY
 Stock
  

USD 58.88  0.22  0.37%   

Market Performance
2 of 100
Odds Of Distress
Less than 28
Occidental Petroleum is trading at 58.88 as of the 1st of July 2022; that is -0.37 percent decrease since the beginning of the trading day. The stock's open price was 59.1. Occidental Petroleum has about a 28 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Occidental Petroleum Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 11th of July 2020 and ending today, the 1st of July 2022. Click here to learn more.
CUSIP
674599105
Fiscal Year End
December
Business Domain
Energy
IPO Date
31st of December 1981
Category
Energy
Classification
Energy
ISIN
US6745991058
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. The company has 933.98 M outstanding shares of which 50.09 M shares are now shorted by investors with about 1.97 days to cover. More on Occidental Petroleum Corp

Moving together with Occidental Petroleum

0.66SWNSouthwestern Energy Downward RallyPairCorr

Occidental Petroleum Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Occidental Petroleum's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Occidental Petroleum or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Occidental Petroleum has very high historical volatility over the last 90 days
Over 82.0% of the company shares are owned by institutional investors
Latest headline from www.business2community.com: Oil Companies to Invest In - This eToro Portfolio is Up 86 percent - Business 2 Community
ESG SustainabilitySome 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, Occidental Petroleum's sustainability indicators can be used to identify a proper investment strutegies using environmental, social, and governance scores that are crucial to Occidental Petroleum's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEOVicki Hollub
Thematic Ideas
(view all).
Average Analyst Recommendation
Analysts covering Occidental Petroleum report their recommendations after researching Occidental Petroleum's financial statements, talking to executives and customers, or listening in on Occidental Petroleum's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Occidental Petroleum Corp. The Occidental consensus assessment is calculated by taking the average forecast from all of the analysts covering Occidental Petroleum.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Occidental Petroleum Corp based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Occidental Petroleum Corp financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
 6 - HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares833.8 M935 M
Fairly Down
Increasing
Slightly volatile
Weighted Average Shares Diluted847.4 M958.8 M
Fairly Down
Increasing
Slightly volatile
Net Cash Flow from Operations10.2 B10.4 B
Fairly Down
Decreasing
Slightly volatile
Total Assets65.4 B75 B
Fairly Down
Increasing
Slightly volatile
Total Liabilities59 B54.7 B
Significantly Up
Increasing
Slightly volatile
Current Assets11.8 B10.2 B
Fairly Up
Decreasing
Very volatile
Current Liabilities7.9 B8.3 B
Notably Down
Increasing
Stable
Total Debt49.7 B46 B
Significantly Up
Increasing
Slightly volatile
Return on Average Assets2.582.9942
Fairly Down
Decreasing
Slightly volatile
Gross Margin69.3663.2933
Significantly Up
Decreasing
Slightly volatile
Asset Turnover0.370.3393
Significantly Up
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Occidental Petroleum's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyOvervalued
Financial Strength
Occidental Petroleum's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Occidental Petroleum's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Occidental Petroleum's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Occidental Petroleum's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
N/A ( Average Bond Rating ) Not Rated
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Occidental Petroleum's financial leverage. It provides some insight into what part of Occidental Petroleum's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Occidental Petroleum's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Occidental Petroleum deploys its capital and how much of that capital is borrowed.
Liquidity
Occidental Petroleum cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 31.14 B in debt with debt to equity (D/E) ratio of 1.53, which is OK given its current industry classification. Occidental Petroleum Corp has a current ratio of 1.21, demonstrating that it may not be capable to disburse its financial commitments when the payables are due. Debt can assist Occidental Petroleum until it has trouble settling it off, either with new capital or with free cash flow. So, Occidental Petroleum's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Occidental Petroleum Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Occidental to invest in growth at high rates of return. When we think about Occidental Petroleum's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

10.22 BillionShare
Occidental Petroleum Corp (OXY) is traded on New York Stock Exchange in USA and employs 11,678 people. The company currently falls under 'Large-Cap' category with total capitalization of 53.72 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Occidental Petroleum's market, we take the total number of its shares issued and multiply it by Occidental Petroleum's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Occidental Petroleum Corp runs under Energy sector within Oil & Gas E&P industry. The entity has 933.98 M outstanding shares of which 50.09 M shares are now shorted by investors with about 1.97 days to cover. Occidental Petroleum Corp has about 2.76 B in cash with 10.43 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.96.
Check Occidental Petroleum Probability Of Bankruptcy
Ownership
Occidental Petroleum Corp has a total of 933.98 Million outstanding shares. The majority of Occidental Petroleum Corp outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Occidental Petroleum Corp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Occidental Petroleum. Please pay attention to any change in the institutional holdings of Occidental Petroleum Corp as this could imply that something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check Occidental Ownership Details

Occidental Stock Price Odds Analysis

What are Occidental Petroleum's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Occidental Petroleum jumping above the current price in 90 days from now is about 67.9%. The Occidental Petroleum Corp probability density function shows the probability of Occidental Petroleum stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.3447. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Occidental Petroleum will likely underperform. Additionally, the company has an alpha of 0.3729, implying that it can generate a 0.37 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 58.88HorizonTargetOdds Above 58.88
31.95%90 days
 58.88 
67.90%
Based on a normal probability distribution, the odds of Occidental Petroleum to move above the current price in 90 days from now is about 67.9 (This Occidental Petroleum Corp probability density function shows the probability of Occidental Stock to fall within a particular range of prices over 90 days) .

Occidental Petroleum Historical Income Statement

Occidental Petroleum Corp Income Statement is one of the three primary financial statements used for reporting Occidental's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Occidental Petroleum Corp revenue and expense. Occidental Petroleum Income Statement primarily focuses on the company's revenues and expenses during a particular period.
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. View More Fundamentals

Occidental Stock Against Markets

Picking the right benchmark for Occidental Petroleum stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Occidental Petroleum stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Occidental Petroleum is critical whether you are bullish or bearish towards Occidental Petroleum Corp at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Occidental Petroleum without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Probability Of Bankruptcy Now

   

Probability Of Bankruptcy

Get analysis of equity chance of financial distress in the next 2 years
All  Next Launch Module

Occidental Petroleum Corporate Directors

Occidental Petroleum corporate directors refer to members of an Occidental Petroleum board of directors. The board of directors generally takes responsibility for the Occidental Petroleum's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Occidental Petroleum's board members must vote for the resolution. The Occidental Petroleum board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
William Klesse - Independent DirectorProfile
Avedick Poladian - Independent DirectorProfile
Carlos Gutierrez - Independent DirectorProfile
Andrew Gould - Independent DirectorProfile

Investing Occidental Petroleum Corp

You need to understand the risk of investing before taking a position in Occidental Petroleum. The danger of trading Occidental Petroleum Corp is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Occidental Petroleum is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Occidental Petroleum. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Occidental Petroleum Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please check Your Equity Center. Note that the Occidental Petroleum Corp information on this page should be used as a complementary analysis to other Occidental Petroleum's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

Complementary Tools for Occidental Stock analysis

When running Occidental Petroleum Corp 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.
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Go
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Go
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Go
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Go
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Go
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Go
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Go
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Go
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Go
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Go
Fundamental Analysis
View fundamental data based on most recent published financial statements
Go
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Go
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.
Market Capitalization
55.2 B
Quarterly Revenue Growth YOY
0.58
Return On Assets
0.0596
Return On Equity
0.34
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.