Occidental Stock Today

Occidental Petroleum is trading at 26.75 as of the 28th of September 2021; that is 2.02 percent increase since the beginning of the trading day. The stock's open price was 26.22. Equity ratings for Occidental Petroleum Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of July 2021 and ending today, the 28th of September 2021. Click here to learn more.

Occidental Petroleum Stock Profile

The next fiscal quarter end is expected on the 30th of September 2021. The stock experiences above-average trading activities. 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 11800 people. more on Occidental Petroleum
Occidental Petroleum is not yet fully synchronised with the market data
Occidental Petroleum has high likelihood to experience some financial distress in the next 2 years
The company reported the last year's revenue of 16.49 B. Reported Net Loss for the year was (12.05 B) with profit before taxes, overhead, and interest of 9.34 B.
About 67.0% of the company shares are owned by institutional investors
Latest headline from EPS ESTIMATE: EPS Estimate
Legal NameOccidental Petroleum Corp
CEOVicki Hollub  (View All)
Thematic Classifications
Active investing themes Occidental currently participates. (view all). An investing theme is an unweighted collection of funds, stocks, ETFs or cryptocurrencies
Average Analyst Recommendation
Analysts covering Occidental Petroleum report their recommendations after researching Occidental Petroleum's financial statements, talking to executives and customers, or listening in on Occidental Petroleum's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Occidental Petroleum Corp. The Occidental consensus assessment is calculated by taking the average forecast from all of the analysts covering Occidental Petroleum.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Occidental Petroleum Corp based on its profitability, leverage, liquidity, source of funds, and operating efficiency. it is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Occidental Petroleum Corp financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
 5 - HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares820.5 M918.7 M
Moderately Down
Increasing
Stable
Weighted Average Shares Diluted820.7 M918.7 M
Moderately Down
Increasing
Stable
Net Cash Flow from Operations4.1 BB
Fairly Up
Decreasing
Slightly volatile
Total Assets67.6 B80.1 B
Fairly Down
Increasing
Stable
Total Liabilities66.3 B61.5 B
Significantly Up
Increasing
Slightly volatile
Current Assets11.1 B8.8 B
Significantly Up
Decreasing
Very volatile
Current Liabilities7.8 B8.2 B
Notably Down
Increasing
Stable
Total Debt49.7 B46 B
Significantly Up
Increasing
Slightly volatile
Return on Average Assets(16.07)(15.6615)
Fairly Down
Decreasing
Slightly volatile
Gross Margin61.2247.9245
Significantly Up
Decreasing
Slightly volatile
Asset Turnover0.170.1712
Slightly Down
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Occidental Petroleum's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedFairly Valued
Financial Strength
Occidental Petroleum's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Occidental Petroleum's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Occidental Petroleum's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Occidental Petroleum's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
A ( Average Bond Rating ) Strong
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Occidental Petroleum's financial leverage. It provides some insight into what part of Occidental Petroleum's total assets is financed by creditors.
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By using current balance sheet information, investors can analyze the liability, assets, and equity on Occidental Petroleum's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Occidental Petroleum deploys its capital and how much of that capital is borrowed.
Liquidity
Occidental Petroleum cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 38.33 B in debt with debt to equity (D/E) ratio of 2.09, meaning that the company heavily relies on borrowing funds for operations. Occidental Petroleum Corp has a current ratio of 1.15, demonstrating that it may not be capable to disburse its financial commitments when the payables are due.

Operating Cash Flow

4.06 BillionShare
Occidental Petroleum Corp (OXY) is traded on New York Stock Exchange in USA and employs 11,800 people. The company currently falls under 'Large-Cap' category with total capitalization of 24.97 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Occidental Petroleum's market, we take the total number of its shares issued and multiply it by Occidental Petroleum's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Occidental Petroleum Corp runs under Energy sector within Oil & Gas E&P industry. The entity has 933.42 M outstanding shares of which 23.11 M shares are now shorted by investors with about 1.18 days to cover shorted positions. Occidental Petroleum Corp has about 2.27 B in cash with 3.53 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.43.
Check Occidental Petroleum Probability Of Bankruptcy

Occidental Stock Price Odds Analysis

What are Occidental Petroleum's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Occidental Petroleum jumping above the current price in 90 days from now is about 53.75%. The Occidental Petroleum Corp probability density function shows the probability of Occidental Petroleum stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Occidental Petroleum Corp has a beta of -0.0226. This indicates as returns on benchmark increase, returns on holding Occidental Petroleum are expected to decrease at a much lower rate. During the bear market, however, Occidental Petroleum Corp is likely to outperform the market. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Occidental Petroleum Corp is significantly underperforming DOW.
 Odds Down 26.75HorizonTargetOdds Up 26.75 
46.10%90 days
 26.75 
53.75%
Based on a normal probability distribution, the odds of Occidental Petroleum to move above the current price in 90 days from now is about 53.75 (This Occidental Petroleum Corp probability density function shows the probability of Occidental Stock to fall within a particular range of prices over 90 days) .

Occidental Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Occidental Petroleum that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Occidental Petroleum's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Occidental Petroleum's value.
InstituionSecurity TypeTotal SharesValue
Dodge CoxCommon Shares115.4 M3.6 B
Vanguard Group IncCommon Shares95.6 MB
Susquehanna International Group LlpCall Options10.7 M336 M
Icahn Carl CWarrants19.3 M268.5 M
View Occidental Petroleum Diagnostics

Occidental Petroleum Historical Income Statement

Occidental Petroleum Corp Income Statement is one of the three primary financial statements used for reporting Occidental's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Occidental Petroleum Corp revenue and expense. Occidental Petroleum Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Occidental Petroleum Earning Before Interest and Taxes EBIT is fairly stable at the moment as compared to the past year. Occidental Petroleum reported Earning Before Interest and Taxes EBIT of 982.8 Million in 2020. Gross Profit is likely to rise to about 6 B in 2021, whereas Direct Expenses is likely to drop slightly above 7.3 B in 2021. View More Fundamentals

Occidental Stock Against Markets

Picking the right benchmark for Occidental Petroleum stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Occidental Petroleum stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Occidental Petroleum is critical whether you are bullish or bearish towards Occidental Petroleum Corp at a given time.

View Currently Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Occidental Petroleum stock to make a market-neutral strategy. Peer analysis of Occidental Petroleum could also be used in its relative valuation, which is a method of valuing Occidental Petroleum by comparing valuation metrics with similar companies.

Occidental Petroleum Corporate Directors

Occidental Petroleum corporate directors refer to members of an Occidental Petroleum board of directors. The board of directors generally takes responsibility for the Occidental Petroleum's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Occidental Petroleum's board members must vote for the resolution. The Occidental Petroleum board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
William Klesse - Independent DirectorProfile
Avedick Poladian - Independent DirectorProfile
Carlos Gutierrez - Independent DirectorProfile
Andrew Gould - Independent DirectorProfile
Please check Your Equity Center. Note that the Occidental Petroleum Corp information on this page should be used as a complementary analysis to other Occidental Petroleum's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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When running Occidental Petroleum Corp 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 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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The market value of Occidental Petroleum Corp 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 Corp underlying business (such as 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 Occidental Petroleum value 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.