Occidental Petroleum Stock Performance
OXY Stock | USD 63.20 0.55 0.88% |
Occidental Petroleum has a performance score of 6 on a scale of 0 to 100. The company holds a Beta of 0.93, which implies possible diversification benefits within a given portfolio. Occidental Petroleum returns are very sensitive to returns on the market. As the market goes up or down, Occidental Petroleum is expected to follow. Our main philosophy towards forecasting future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. Occidental Petroleum right now holds a risk of 1.18%. Please check Occidental Petroleum maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance to decide if Occidental Petroleum will be following its historical price patterns.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Occidental Petroleum are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of fairly strong basic indicators, Occidental Petroleum is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more
Actual Historical Performance (%)
One Day Return 0.88 | Five Day Return 1.61 | Year To Date Return 5.25 | Ten Year Return (30.75) | All Time Return 248.21 |
Forward Dividend Yield 0.014 | Payout Ratio 0.206 | Last Split Factor 10000:9983 | Forward Dividend Rate 0.88 | Dividend Date 2024-04-15 |
Occidental Petroleum dividend paid on 16th of January 2024 | 01/16/2024 |
1 | Occidental Petroleum Upgraded by StockNews.com to Hold | 02/26/2024 |
2 | Acquisition by Christopher Champion of 11409 shares of Occidental Petroleum subject to Rule 16b-3 | 03/01/2024 |
3 | 3 Bargain Buffett Stocks to Buy Before They Rebound | 03/07/2024 |
4 | A Look At The Intrinsic Value Of Occidental Petroleum Corporation | 03/11/2024 |
5 | Occidental Petroleum holds steady with Argus Hold rating | 03/12/2024 |
6 | 1PointFive and ATT Announce Direct Air Capture Carbon Removal Agreement | 03/13/2024 |
7 | The Great Outdoors Fund Announces 2024 Partnership with Occidental to Enhance Recreation Opportunities in Multiple States | 03/14/2024 |
8 | This Warren Buffett stock might be primed for surge | 03/15/2024 |
9 | An Oil Supply Shortage Is Coming -- What That Means for Your Wallet at the Gas Pump | 03/18/2024 |
Begin Period Cash Flow | 1 B |
Occidental |
Occidental Petroleum Relative Risk vs. Return Landscape
If you would invest 5,995 in Occidental Petroleum on December 20, 2023 and sell it today you would earn a total of 325.00 from holding Occidental Petroleum or generate 5.42% return on investment over 90 days. Occidental Petroleum is generating 0.0948% of daily returns assuming volatility of 1.1777% on return distribution over 90 days investment horizon. In other words, 10% of stocks are less volatile than Occidental, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
Risk |
Occidental Petroleum Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Occidental Petroleum's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Occidental Petroleum, and traders can use it to determine the average amount a Occidental Petroleum's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
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.
Occidental Petroleum Fundamentals Growth
Occidental Stock prices reflect investors' perceptions of the future prospects and financial health of Occidental Petroleum, and Occidental Petroleum fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Occidental Stock performance.
Return On Equity | 0.16 | ||||
Return On Asset | 0.0509 | ||||
Current Valuation | 82.87 B | ||||
Shares Outstanding | 879.5 M | ||||
Price To Earning | 5.77 X | ||||
Price To Book | 2.51 X | ||||
Price To Sales | 1.95 X | ||||
Revenue | 28.26 B | ||||
Gross Profit | 24.57 B | ||||
EBITDA | 13.95 B | ||||
Net Income | 4.7 B | ||||
Cash And Equivalents | 984 M | ||||
Cash Per Share | 1.36 X | ||||
Debt To Equity | 0.75 % | ||||
Current Ratio | 1.10 X | ||||
Cash Flow From Operations | 12.31 B | ||||
Earnings Per Share | 3.90 X | ||||
Total Asset | 74.01 B | ||||
Retained Earnings | 19.63 B | ||||
Current Asset | 9.4 B | ||||
About Occidental Petroleum Performance
To evaluate Occidental Petroleum Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Occidental Petroleum generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Occidental Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Occidental Petroleum market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Occidental's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Last Reported | Projected for 2024 | ||
Return On Capital Employed | 0.07 | 0.08 | |
Return On Assets | 0.05 | 0.03 | |
Return On Equity | 0.12 | 0.13 |
Things to note about Occidental Petroleum performance evaluation
Checking the ongoing alerts about Occidental Petroleum for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Occidental Petroleum help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.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 gobankingrates.com: An Oil Supply Shortage Is Coming -- What That Means for Your Wallet at the Gas Pump |
- Analyzing Occidental Petroleum's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Occidental Petroleum's stock is overvalued or undervalued compared to its peers.
- Examining Occidental Petroleum's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Occidental Petroleum's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Occidental Petroleum's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Occidental Petroleum's stock. These opinions can provide insight into Occidental Petroleum's potential for growth and whether the stock is currently undervalued or overvalued.
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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
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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.