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.
  
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.
In addition, we conduct extensive research on individual companies such as Occidental and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards 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.

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

Execute Advice
Sell Occidental PetroleumBuy Occidental Petroleum
Strong Hold

Market Performance

ModestDetails

Volatility

Very steadyDetails

Hype Condition

Low keyDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Almost mirrors the marketDetails

Investor Sentiment

InterestedDetails

Analyst Consensus

BuyDetails

Financial Strenth (F Score)

StrongDetails

Financial Leverage

Not RatedDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Occidental Petroleum has a Risk Adjusted Performance of 0.0811, Jensen Alpha of 0.0222, Total Risk Alpha of (0.12), Sortino Ratio of 0.0114 and Treynor Ratio of 0.1557
Macroaxis provides unbiased recommendation on Occidental Petroleum that should be used to complement current analysts and expert consensus on Occidental Petroleum. 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 fundamentals, including its price to sales, cash per share, and the relationship between the number of shares shorted and ebitda . Given that Occidental Petroleum has a price to book of 2.51 X, we recommend you to check out Occidental Petroleum 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 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 Inc2023-12-31
6.5 M
Bank Of America Corp2023-12-31
6.4 M
Fairfax Financial Holdings Ltd2023-12-31
M
Smead Capital Management Inc2023-12-31
M
Pacer Advisors, Inc.2023-12-31
M
Legal & General Group Plc2023-12-31
5.2 M
Amvescap Plc.2023-12-31
4.8 M
Eagle Capital Management Llc2023-12-31
4.7 M
Charles Schwab Investment Management Inc2023-12-31
3.7 M
Berkshire Hathaway Inc2023-09-30
224.1 M
Dodge & Cox2023-12-31
81 M
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

201920202021202220232024 (projected)
Change To Inventory77M(484M)(86M)(230M)(91M)(95.6M)
Change In Cash541M(1.4B)609M(1.8B)438M459.9M
Free Cash Flow566M788M7.5B12.5B6.1B6.4B
Depreciation6.0B8.1B8.4B6.9B6.9B7.2B
Other Non Cash Items7.7B22.5B9.3B(451M)199M189.1M
Dividends Paid2.6B1.8B839M1.2B1.4B1.1B
Capital Expenditures6.6B3.1B2.8B4.4B6.2B4.0B
Net Income(522M)(14.8B)2.3B13.3B4.7B4.9B
End Period Cash Flow3.6B2.2B2.8B1.0B1.5B1.6B
Change To Netincome139M(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 Borrowings13.6B(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 Composite0.93
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
FundamentalsOccidental PetroleumPeer Average
Return On Equity0.16-0.31
Return On Asset0.0509-0.14
Profit Margin0.17 %(1.27) %
Operating Margin0.19 %(5.51) %
Current Valuation82.87 B16.62 B
Shares Outstanding879.5 M571.82 M
Shares Owned By Insiders28.55 %10.09 %
Shares Owned By Institutions52.35 %39.21 %
Number Of Shares Shorted51.71 M4.71 M
Price To Earning5.77 X28.72 X
Price To Book2.51 X9.51 X
Price To Sales1.95 X11.42 X
Revenue28.26 B9.43 B
Gross Profit24.57 B27.38 B
EBITDA13.95 B3.9 B
Net Income4.7 B570.98 M
Cash And Equivalents984 M2.7 B
Cash Per Share1.36 X5.01 X
Total Debt20.91 B5.32 B
Debt To Equity0.75 %48.70 %
Current Ratio1.10 X2.16 X
Book Value Per Share24.97 X1.93 K
Cash Flow From Operations12.31 B971.22 M
Short Ratio5.18 X4.00 X
Earnings Per Share3.90 X3.12 X
Price To Earnings To Growth2.14 X4.89 X
Target Price66.26
Number Of Employees12.57 K18.84 K
Beta1.65-0.15
Market Capitalization55.1 B19.03 B
Total Asset74.01 B29.47 B
Retained Earnings19.63 B9.33 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.

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 Total30.4B20.8B20.9B22.0B
Total Assets75.0B72.6B74.0B40.0B

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.

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Latest Gainers
Latest Gainers Theme
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.
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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 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.

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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.