Occidental Petroleum Stock Price History

OXY Stock  USD 63.20  0.55  0.88%   
Below is the normalized historical share price chart for Occidental Petroleum extending back to March 17, 1980. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Occidental Petroleum stands at 63.20, as last reported on the 19th of March, with the highest price reaching 63.43 and the lowest price hitting 62.30 during the day.
IPO Date
31st of December 1981
200 Day MA
60.7945
50 Day MA
58.9408
Beta
1.653
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Occidental Stock, it is important to understand the factors that can impact its stock price. We consider Occidental Petroleum very steady. Occidental Petroleum maintains Sharpe Ratio (i.e., Efficiency) of 0.0805, which implies the firm had 0.0805% return per unit of risk over the last 3 months. Our standpoint towards forecasting the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Occidental Petroleum, which you can use to evaluate the future volatility of the company. Please check Occidental Petroleum's Risk Adjusted Performance of 0.1106, semi deviation of 0.92, and Coefficient Of Variation of 598.48 to confirm if the risk estimate we provide is consistent with the expected return of 0.0948%.
  
At this time, Occidental Petroleum's Preferred Stock Total Equity is fairly stable compared to the past year. Capital Stock is likely to rise to about 8.9 B in 2024, whereas Total Stockholder Equity is likely to drop slightly above 17.6 B in 2024. . At this time, Occidental Petroleum's Price Earnings Ratio is fairly stable compared to the past year. Price To Free Cash Flows Ratio is likely to rise to 10.56 in 2024, whereas Price To Sales Ratio is likely to drop 1.39 in 2024. Occidental Stock stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0805

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Estimated Market Risk

 1.18
  actual daily
10
90% of assets are more volatile

Expected Return

 0.09
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.08
  actual daily
6
94% of assets perform better
Based on monthly moving average Occidental Petroleum is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Occidental Petroleum by adding it to a well-diversified portfolio.
Price Book
2.5088
Enterprise Value Ebitda
5.8201
Price Sales
1.95
Shares Float
876.1 M
Dividend Share
0.72

Occidental Petroleum Stock Price History Chart

There are several ways to analyze Occidental Stock price data. The simplest method is using a basic Occidental candlestick price chart, which shows Occidental Petroleum price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceMarch 18, 202463.2
Lowest PriceJanuary 17, 202456.02

Occidental Petroleum March 19, 2024 Stock Price Synopsis

Various analyses of Occidental Petroleum stock's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Occidental Stock. It can be used to describe the percentage change in the price of Occidental Petroleum from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Occidental Stock.
Occidental Petroleum Accumulation Distribution 121,067 
Occidental Petroleum Price Action Indicator 0.61 
Occidental Petroleum Price Rate Of Daily Change 1.01 
Occidental Petroleum Price Daily Balance Of Power 0.49 

Occidental Petroleum March 19, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Occidental Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Occidental Petroleum intraday prices and daily technical indicators to check the level of noise trading in Occidental Stock and then apply it to test your longer-term investment strategies against Occidental.

Occidental Stock Price History Data

The price series of Occidental Petroleum for the period between Wed, Dec 20, 2023 and Tue, Mar 19, 2024 has a statistical range of 7.85 with a coefficient of variation of 3.19. The daily prices for the period are spread out with arithmetic mean of 58.96. The median price for the last 90 days is 58.91. The company underwent 10000:9983 stock split on 25th of February 2016. Occidental Petroleum issued dividends to stockholders on 2024-03-07.
OpenHighLowCloseVolume
03/18/2024 62.91  63.43  62.30  63.20  6,795,848 
03/15/2024 62.36  63.01  62.21  62.65  9,780,498 
03/14/2024 62.20  62.82  62.12  62.58  7,425,701 
03/13/2024 61.64  62.45  61.54  62.06  8,672,366 
03/12/2024 61.43  61.48  60.85  61.14  7,124,948 
03/11/2024 60.69  61.56  60.28  61.52  6,760,641 
03/08/2024 60.92  61.25  60.65  60.80  5,288,313 
03/07/2024 60.71  61.39  60.66  61.05  7,395,270 
03/06/2024 61.30  61.67  60.75  60.87  7,919,105 
03/05/2024 60.43  61.14  60.01  60.36  6,543,015 
03/04/2024 61.55  61.64  60.46  60.46  6,359,330 
03/01/2024 60.98  61.60  60.82  61.14  7,662,004 
02/29/2024 60.44  60.88  60.06  60.39  7,574,390 
02/28/2024 60.50  61.29  60.04  60.04  7,838,173 
02/27/2024 60.93  60.99  60.17  60.38  7,051,794 
02/26/2024 59.70  60.76  59.57  60.25  8,510,033 
02/23/2024 60.00  60.23  59.45  59.80  7,789,933 
02/22/2024 60.19  60.87  59.82  60.31  9,369,267 
02/21/2024 59.57  60.53  59.33  60.25  10,314,300 
02/20/2024 60.53  60.53  59.15  59.35  16,896,770 
02/16/2024 60.38  60.88  60.08  60.30  13,471,990 
02/15/2024 57.45  60.14  57.38  59.89  21,966,020 
02/14/2024 57.80  58.33  57.06  57.09  12,516,620 
02/13/2024 57.97  58.16  57.03  57.40  10,324,720 
02/12/2024 57.53  58.50  57.50  57.82  8,878,229 
02/09/2024 58.21  58.35  57.24  57.26  8,114,632 
02/08/2024 57.77  58.30  57.56  57.84  7,706,500 
02/07/2024 57.61  58.02  57.07  57.41  8,044,992 
02/06/2024 57.39  58.41  57.15  57.36  9,089,078 
02/05/2024 56.82  57.34  56.07  56.77  10,196,940 
02/02/2024 57.26  57.55  56.73  56.83  8,412,426 
02/01/2024 57.91  58.11  56.92  57.11  11,277,680 
01/31/2024 58.79  58.86  57.36  57.36  8,941,945 
01/30/2024 57.75  58.99  57.75  58.69  8,337,535 
01/29/2024 58.35  58.42  57.61  58.01  7,175,765 
01/26/2024 58.23  58.43  57.54  58.19  7,102,831 
01/25/2024 57.75  58.06  56.95  57.80  9,611,691 
01/24/2024 57.09  57.44  56.79  57.10  7,615,364 
01/23/2024 56.51  57.16  56.51  56.53  6,337,459 
01/22/2024 56.42  56.97  55.94  56.54  8,047,506 
01/19/2024 56.23  56.42  55.82  56.22  9,597,273 
01/18/2024 56.19  56.65  55.53  56.27  12,283,520 
01/17/2024 56.04  56.67  55.97  56.02  9,651,221 
01/16/2024 57.85  57.98  56.42  56.42  13,323,520 
01/12/2024 58.25  58.64  57.50  57.85  11,245,970 
01/11/2024 57.33  57.68  56.92  56.92  9,455,311 
01/10/2024 57.41  57.44  56.60  56.60  10,864,200 
01/09/2024 58.25  58.28  57.25  57.25  8,531,439 
01/08/2024 57.97  58.28  57.32  58.06  10,343,480 
01/05/2024 59.50  59.57  58.59  58.73  8,016,804 
01/04/2024 60.84  61.05  58.91  58.91  9,423,316 
01/03/2024 59.63  60.79  59.44  60.39  7,269,303 
01/02/2024 60.18  60.94  59.83  59.83  7,456,179 
12/29/2023 60.00  60.30  59.50  59.50  5,926,178 
12/28/2023 60.81  60.98  59.75  59.75  7,957,802 
12/27/2023 61.51  61.67  60.82  60.82  5,456,390 
12/26/2023 61.30  61.80  61.22  61.22  7,126,507 
12/22/2023 61.34  61.94  60.59  60.59  10,994,160 
12/21/2023 60.00  60.54  60.00  60.22  9,862,957 
12/20/2023 60.51  61.06  59.95  59.95  11,445,010 
12/19/2023 59.12  60.33  58.84  60.08  11,375,140 

About Occidental Petroleum Stock history

Occidental Petroleum investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Occidental is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Occidental Petroleum will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Occidental Petroleum stock prices may prove useful in developing a viable investing in Occidental Petroleum
Last ReportedProjected for 2024
Common Stock Shares Outstanding960.9 M792.9 M
Net Income Applicable To Common Shares11.3 B11.8 B

Occidental Petroleum Stock Technical Analysis

Occidental Petroleum technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Occidental Petroleum technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Occidental Petroleum trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Occidental Petroleum Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Occidental stock's direction in advance. Along with the technical and fundamental analysis of Occidental Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Occidental to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen stock market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
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.
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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.