Occidental Financial Statements From 2010 to 2024
| OXYP34 Stock | BRL 48.08 0.40 0.83% |
Check Occidental Petroleum financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Occidental Petroleum's main balance sheet or income statement drivers, such as , as well as many indicators such as . Occidental financial statements analysis is a perfect complement when working with Occidental Petroleum Valuation or Volatility modules.
Occidental |
Occidental Petroleum Company Return On Equity Analysis
Occidental Petroleum's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Occidental Petroleum Return On Equity | 0.54 |
Most of Occidental Petroleum's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Occidental Petroleum is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, Occidental Petroleum has a Return On Equity of 0.5437. This is 127.46% lower than that of the Energy sector and 69.46% lower than that of the Oil & Gas E&P industry. The return on equity for all Brazil stocks is notably lower than that of the firm.
Occidental Petroleum Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Occidental Petroleum's current stock value. Our valuation model uses many indicators to compare Occidental Petroleum value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Occidental Petroleum competition to find correlations between indicators driving Occidental Petroleum's intrinsic value. More Info.Occidental Petroleum is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.21 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Occidental Petroleum is roughly 4.76 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Occidental Petroleum by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Occidental Petroleum's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Occidental Petroleum Financial Statements
Occidental Petroleum stakeholders use historical fundamental indicators, such as Occidental Petroleum's revenue or net income, to determine how well the company is positioned to perform in the future. Although Occidental Petroleum investors may analyze each financial statement separately, they are all interrelated. For example, changes in Occidental Petroleum's assets and liabilities are reflected in the revenues and expenses on Occidental Petroleum's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Occidental Petroleum. Please read more on our technical analysis and fundamental analysis pages.
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. OCCIDENT PTRDRN operates under Oil Gas EP classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 11800 people.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in Occidental Stock
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 the analysis of Occidental Petroleum Correlation against competitors. For information on how to trade Occidental Stock refer to our How to Trade Occidental Stock guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.