Spencer Abraham - Occidental Petroleum Independent Vice Chairman of the Board

OXY Stock  USD 65.98  0.84  1.26%   

Chairman

Mr. Spencer E. Abraham is Independent Director of the Company since 2015.
Age 65
Tenure 9 years
Address 5 Greenway Plaza, Houston, TX, United States, 77046-0521
Phone713 215 7000
Webhttps://www.oxy.com
Abraham is Chairman and Chief Executive Officer of The Abraham Group LLC, an international strategic consulting firm based in Washington, D.C. He represented Michigan in the United States Senate for six years, where he authored 22 pieces of legislation, including several pieces of groundbreaking technology legislation. President George W. Bush selected him as the tenth Secretary of Energy in 2001 and during his tenure at the Energy Department from 2001 through January 2005, he developed policies and regulations to ensure the nation’s energy security, was responsible for the U.S. Strategic Petroleum Reserve, oversaw domestic oil and gas development policy and developed relationships with international governments

Spencer Abraham Latest Insider Activity

Tracking and analyzing the buying and selling activities of Spencer Abraham against Occidental Petroleum stock is an integral part of due diligence when investing in Occidental Petroleum. Spencer Abraham insider activity provides valuable insight into whether Occidental Petroleum is net buyers or sellers over its current business cycle. Note, Occidental Petroleum insiders must abide by specific rules, including filing SEC forms every time they buy or sell Occidental Petroleum'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Occidental Petroleum Management Efficiency

The company has Return on Asset of 0.0509 % which means that on every $100 spent on assets, it made $0.0509 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1554 %, implying that it generated $0.1554 on every 100 dollars invested. Occidental Petroleum's management efficiency ratios could be used to measure how well Occidental Petroleum manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Occidental Petroleum's Return On Capital Employed is fairly stable compared to the past year. Return On Equity is likely to rise to 0.13 in 2024, whereas Return On Tangible Assets are likely to drop 0.03 in 2024. At this time, Occidental Petroleum's Non Currrent Assets Other are fairly stable compared to the past year. Other Current Assets is likely to rise to about 1.8 B in 2024, whereas Total Assets are likely to drop slightly above 40 B in 2024.
The company has 20.91 B in debt with debt to equity (D/E) ratio of 0.75, which is OK given its current industry classification. Occidental Petroleum has a current ratio of 1.08, 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 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.
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 (OXY) is traded on New York Stock Exchange in USA. It is located in 5 Greenway Plaza, Houston, TX, United States, 77046-0521 and employs 12,570 people. Occidental Petroleum is listed under Oil, Gas & Consumable Fuels category by Fama And French industry classification.

Management Performance

Occidental Petroleum Leadership Team

Elected by the shareholders, the Occidental Petroleum's board of directors comprises two types of representatives: Occidental Petroleum inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Occidental. The board's role is to monitor Occidental Petroleum's management team and ensure that shareholders' interests are well served. Occidental Petroleum's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Occidental Petroleum's outside directors are responsible for providing unbiased perspectives on the board's policies.
William Klesse, Independent Director
Jeff Alvarez, IR Contact Officer
Nicole Clark, Deputy VP
Stephen Chazen, Non-Executive Independent Chairman of the Board
Christopher Stavros, CFO and Sr. VP
Jack Monti, IR Contact Officer
Avedick Poladian, Independent Director
Jennifer Kirk, Principal Accounting Officer, VP and Controller
Carlos Gutierrez, Independent Director
Melissa Schoeb, VP Affairs
Vicki Hollub, President, Chief Executive Officer, Director
Christopher Champion, Chief Accounting Officer, Vice President Controller
Spencer Abraham, Independent Vice Chairman of the Board
Andrew Gould, Independent Director
Richard Bennett, Senior Vice President
Jordan Tanner, Vice Relations
Oscar Brown, Senior Vice President - Strategy, Business Development and Supply Chain
Andrew Langham, Independent Director
Eugene Batchelder, Independent Chairman of the Board
Peter Bennett, Vice President
Cedric Burgher, Chief Financial Officer, Senior Vice President
Neil Backhouse, Vice Relations
Glenn Vangolen, Senior Vice President - Business Support
Margarita Hernandez, Independent Director
Jeff Simmons, Senior CPTO
Sylvia Kerrigan, Senior Officer
Vicky Bailey, Independent Director
Cynthia Walker, Sr. VP of Strategy and Devel.
Kenneth Dillon, Senior Vice President
Margaret Foran, Independent Director
Richard Jackson, Senior Vice President
Robert Palmer, Senior Vice President
Ioannis Charalambous, Chief VP
Nicholas Graziano, Independent Director
Darin Moss, Vice Resources
Howard Atkins, Independent Director
Robert Peterson, Chief Financial Officer, Senior Vice President
John Feick, Independent Director
Marcia Backus, Senior Vice President, Chief Compliance Officer, General Counsel
Margarita PalauHernandez, Independent Director
Gary Hu, Independent Director
Elisse Walter, Independent Director
Christopher Degner, Senior Director, Investor Relations
Jack Moore, Independent Vice Chairman of the Board
Robert Shearer, Independent Director
Sunil Mathew, Senior CFO
Edward Lowe, Executive Vice President, Group Chairman - Middle East, President - Oxy Oil and Gas International
Joseph Elliott, Senior Vice President

Occidental Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Occidental Petroleum a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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

    
  65.88  
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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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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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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.