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Occidental Petroleum Earnings Estimate

OXY Stock  USD 67.39  0.39  0.58%   
By analyzing Occidental Petroleum's earnings estimates, investors can diagnose different trends across Occidental Petroleum's analyst sentiment over time as well as compare current EPS estimates against different timeframes. Please be aware that the consensus of earnings estimates for Occidental Petroleum is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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Occidental Petroleum is projected to generate 0.59 in earnings per share on the 31st of March 2024. Occidental Petroleum earnings estimates module stress-tests analyst consensus about projected Occidental Petroleum EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Many public companies, such as Occidental Petroleum, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Occidental Petroleum's earnings estimates, investors can diagnose different trends across Occidental Petroleum's analyst sentiment over time as well as compare current estimates against different timeframes. At this time, Occidental Petroleum's Pretax Profit Margin is fairly stable compared to the past year. Net Profit Margin is likely to rise to 0.14 in 2024, whereas Gross Profit is likely to drop slightly above 6.9 B in 2024.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Occidental Petroleum. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy Occidental Stock please use our How to Invest in Occidental Petroleum guide.

Occidental Petroleum Earnings per Share Projection vs Actual

About Occidental Petroleum Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Occidental Petroleum earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Occidental Petroleum estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Occidental Petroleum fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for Next Year
Retained Earnings19.6 B12.1 B
Retained Earnings Total Equity14.8 B16.3 B
Earnings Yield 0.07  0.07 
Price Earnings Ratio 14.16  14.87 
Price Earnings To Growth Ratio(0.21)(0.20)

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 market does not have 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 an 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 equities 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

    
  34.23  
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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When determining whether Occidental Petroleum offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Occidental Petroleum's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Occidental Petroleum Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Occidental Petroleum Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Occidental Petroleum. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy Occidental Stock please use our How to Invest in Occidental Petroleum guide.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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When running Occidental Petroleum's 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 the 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
(0.38)
Dividend Share
0.72
Earnings Share
3.9
Revenue Per Share
31.778
Quarterly Revenue Growth
(0.13)
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 if Occidental Petroleum is a good investment 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.