Occidental Petroleum Stock Buy Hold or Sell Recommendation
OXY Stock | USD 63.20 0.55 0.88% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Occidental Petroleum 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. Key drivers impacting Osisko Gold Ro's buy or sell advice are summarized below:
Real Value 66.37 | Target Price 71.25 | Hype Value 63.37 | Market Value 63.2 | Naive Value 64.26 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Occidental Petroleum given historical horizon and risk tolerance towards Occidental Petroleum. When Macroaxis issues a 'buy' or 'sell' recommendation for Occidental Petroleum, the advice is generated through an automated system that utilizes algorithms and statistical models.
Occidental |
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. Macroaxis does not own or have any residual interests in Occidental Petroleum 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
Strong Hold
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Occidental Petroleum Trading Alerts and Improvement Suggestions
Occidental Petroleum has a strong financial position based on the latest SEC filings | |
About 29.0% of the company outstanding shares are owned by corporate insiders | |
Latest headline from finance.yahoo.com: The Great Outdoors Fund Announces 2024 Partnership with Occidental to Enhance Recreation Opportunities in Multiple States |
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 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 | 0.16 | Value At Risk | -2.27 | Potential Upside | 2.25 | Standard Deviation | 1.29 |
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 backward and forwards among themselves. Occidental Petroleum's institutional investor refers to the entity that pools money to purchase Occidental Petroleum's securities or originates 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.
Shares | Goldman Sachs Group Inc | 2023-12-31 | 6.5 M | Bank Of America Corp | 2023-12-31 | 6.4 M | Fairfax Financial Holdings Ltd | 2023-12-31 | 6 M | Smead Capital Management Inc | 2023-12-31 | 6 M | Pacer Advisors, Inc. | 2023-12-31 | 6 M | Legal & General Group Plc | 2023-12-31 | 5.2 M | Amvescap Plc. | 2023-12-31 | 4.8 M | Eagle Capital Management Llc | 2023-12-31 | 4.7 M | Charles Schwab Investment Management Inc | 2023-12-31 | 3.7 M | Berkshire Hathaway Inc | 2023-09-30 | 224.1 M | Dodge & Cox | 2023-12-31 | 81 M |
Occidental Petroleum Cash Flow Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Change To Inventory | 77M | (484M) | (86M) | (230M) | (91M) | (95.6M) | |
Change In Cash | 541M | (1.4B) | 609M | (1.8B) | 438M | 459.9M | |
Free Cash Flow | 566M | 788M | 7.5B | 12.5B | 6.1B | 6.4B | |
Depreciation | 6.0B | 8.1B | 8.4B | 6.9B | 6.9B | 7.2B | |
Other Non Cash Items | 7.7B | 22.5B | 9.3B | (451M) | 199M | 189.1M | |
Dividends Paid | 2.6B | 1.8B | 839M | 1.2B | 1.4B | 1.1B | |
Capital Expenditures | 6.6B | 3.1B | 2.8B | 4.4B | 6.2B | 4.0B | |
Net Income | (522M) | (14.8B) | 2.3B | 13.3B | 4.7B | 4.9B | |
End Period Cash Flow | 3.6B | 2.2B | 2.8B | 1.0B | 1.5B | 1.6B | |
Change To Netincome | 139M | (701M) | 979M | (1.8B) | (1.6B) | (1.5B) | |
Investments | (29.0B) | (778M) | 406M | (4.9B) | (7.0B) | (7.3B) | |
Change Receivables | (44M) | 2.1B | (2.1B) | (97M) | (87.3M) | (82.9M) | |
Net Borrowings | 13.6B | (2.0B) | (6.8B) | (9.5B) | (8.5B) | (8.1B) |
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 Oil, Gas & Consumable Fuels 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 NYSE Composite | 0.02 | |
β | Beta against NYSE Composite | 0.93 | |
σ | Overall volatility | 1.16 | |
Ir | Information ratio | 0.01 |
Occidental Petroleum Volatility Alert
Occidental Petroleum has relatively low volatility with skewness of 0.53 and kurtosis of 2.18. However, we advise all investors to independently investigate Occidental Petroleum to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns. 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 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 |
Fundamentals | Occidental Petroleum | Peer Average |
Return On Equity | 0.16 | -0.31 |
Return On Asset | 0.0509 | -0.14 |
Profit Margin | 0.17 % | (1.27) % |
Operating Margin | 0.19 % | (5.51) % |
Current Valuation | 82.87 B | 16.62 B |
Shares Outstanding | 879.5 M | 571.82 M |
Shares Owned By Insiders | 28.55 % | 10.09 % |
Shares Owned By Institutions | 52.35 % | 39.21 % |
Number Of Shares Shorted | 51.71 M | 4.71 M |
Price To Earning | 5.77 X | 28.72 X |
Price To Book | 2.51 X | 9.51 X |
Price To Sales | 1.95 X | 11.42 X |
Revenue | 28.26 B | 9.43 B |
Gross Profit | 24.57 B | 27.38 B |
EBITDA | 13.95 B | 3.9 B |
Net Income | 4.7 B | 570.98 M |
Cash And Equivalents | 984 M | 2.7 B |
Cash Per Share | 1.36 X | 5.01 X |
Total Debt | 20.91 B | 5.32 B |
Debt To Equity | 0.75 % | 48.70 % |
Current Ratio | 1.10 X | 2.16 X |
Book Value Per Share | 24.97 X | 1.93 K |
Cash Flow From Operations | 12.31 B | 971.22 M |
Short Ratio | 5.18 X | 4.00 X |
Earnings Per Share | 3.90 X | 3.12 X |
Price To Earnings To Growth | 2.14 X | 4.89 X |
Target Price | 66.26 | |
Number Of Employees | 12.57 K | 18.84 K |
Beta | 1.65 | -0.15 |
Market Capitalization | 55.1 B | 19.03 B |
Total Asset | 74.01 B | 29.47 B |
Retained Earnings | 19.63 B | 9.33 B |
Working Capital | (773 M) | 1.48 B |
Note: Acquisition by Christopher Champion of 11409 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.
Accumulation Distribution | 121067.0 | |||
Daily Balance Of Power | 0.4867 | |||
Rate Of Daily Change | 1.01 | |||
Day Median Price | 62.86 | |||
Day Typical Price | 62.98 | |||
Price Action Indicator | 0.61 | |||
Period Momentum Indicator | 0.55 |
About Occidental Petroleum Buy or Sell Advice
When is the right time to buy or sell Occidental Petroleum? 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.2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 30.4B | 20.8B | 20.9B | 22.0B | Total Assets | 75.0B | 72.6B | 74.0B | 40.0B |
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.Did You Try This Idea?
Run Latest Gainers Thematic Idea Now
Latest Gainers
Dynamically computed list of top equities currently sorted across major exchanges. The Latest Gainers theme has 144 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 Latest Gainers Theme or any other thematic opportunities.
View All Next | Launch |
Check out 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. For more information on how to buy Occidental Stock please use our How to Invest in Occidental Petroleum guide.You can also try the 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'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.
Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |
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.