Is Occidental Petroleum Stock a Good Investment?
Occidental Petroleum Investment Advice | OXY |
- Examine Occidental Petroleum's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Occidental Petroleum's leadership team and their track record. Good management can help Occidental Petroleum navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Oil, Gas & Consumable Fuels space and any emerging trends that could impact Occidental Petroleum's business and its evolving consumer preferences.
- Compare Occidental Petroleum's performance and market position to its competitors. Analyze how Occidental Petroleum is positioned in terms of product offerings, innovation, and market share.
- Check if Occidental Petroleum pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Occidental Petroleum's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Occidental Petroleum stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Occidental Petroleum is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Occidental Petroleum Stock
Researching Occidental Petroleum's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 27.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.79. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Occidental Petroleum has Price/Earnings To Growth (PEG) ratio of 2.75. The entity last dividend was issued on the 10th of December 2024. The firm had 10000:9983 split on the 25th of February 2016.
To determine if Occidental Petroleum is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Occidental Petroleum's research are outlined below:
| Occidental Petroleum generated a negative expected return over the last 90 days | |
| Occidental Petroleum has a strong financial position based on the latest SEC filings | |
| About 27.0% of the company outstanding shares are owned by corporate insiders | |
| On 15th of October 2024 Occidental Petroleum paid $ 0.22 per share dividend to its current shareholders |
Occidental Petroleum uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Occidental Petroleum. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Occidental Petroleum's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 14th of February 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 14th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Occidental Petroleum's market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 46.78 B.Occidental Petroleum's profitablity analysis
The company has Net Profit Margin of 0.16 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.25 %, which entails that for every 100 dollars of revenue, it generated $0.25 of operating income.Determining Occidental Petroleum's profitability involves analyzing its financial statements and using various financial metrics to determine if Occidental Petroleum is a good buy. For example, gross profit margin measures Occidental Petroleum's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Occidental Petroleum's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Occidental Petroleum's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Occidental Petroleum. Check Occidental Petroleum's Beneish M Score to see the likelihood of Occidental Petroleum's management manipulating its earnings.
Basic technical analysis of Occidental Stock
As of the 28th of November, Occidental Petroleum holds the Coefficient Of Variation of (848.79), risk adjusted performance of (0.09), and Variance of 2.31. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Occidental Petroleum, as well as the relationship between them.Occidental Petroleum's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Occidental Petroleum insiders, such as employees or executives, is commonly permitted as long as it does not rely on Occidental Petroleum's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Occidental Petroleum insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Christopher Champion over six months ago Acquisition by Christopher Champion of 11409 shares of Occidental Petroleum subject to Rule 16b-3 | ||
Glenn Vangolen over a year ago Payment of 2113 shares by Glenn Vangolen of Occidental Petroleum subject to Rule 16b-3 |
Occidental Petroleum's Outstanding Corporate Bonds
Occidental Petroleum issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Occidental Petroleum uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Occidental bonds can be classified according to their maturity, which is the date when Occidental Petroleum has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| OCCIDENTAL PETE P Corp BondUS674599BM69 | View | |
| OCCIDENTAL PETE P Corp BondUS674599CF00 | View | |
| OCCIDENTAL PETE P Corp BondUS674599CJ22 | View | |
| OCCIDENTAL PETE P Corp BondUS674599CG82 | View | |
| OCCIDENTAL PETE P Corp BondUS674599CH65 | View | |
| OCCIDENTAL PETE P Corp BondUS674599DZ54 | View | |
| OXY 75 01 NOV 96 Corp BondUS674599DX07 | View | |
| OXY 7125 15 OCT 27 Corp BondUS674599DQ55 | View |
Understand Occidental Petroleum's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Occidental Petroleum's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.09) | |||
| Market Risk Adjusted Performance | (0.40) | |||
| Mean Deviation | 1.22 | |||
| Coefficient Of Variation | (848.79) | |||
| Standard Deviation | 1.52 | |||
| Variance | 2.31 | |||
| Information Ratio | (0.20) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | (0.41) | |||
| Maximum Drawdown | 7.68 | |||
| Value At Risk | (2.84) | |||
| Potential Upside | 2.0 | |||
| Skewness | (0.29) | |||
| Kurtosis | 0.0733 |
| Risk Adjusted Performance | (0.09) | |||
| Market Risk Adjusted Performance | (0.40) | |||
| Mean Deviation | 1.22 | |||
| Coefficient Of Variation | (848.79) | |||
| Standard Deviation | 1.52 | |||
| Variance | 2.31 | |||
| Information Ratio | (0.20) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | (0.41) | |||
| Maximum Drawdown | 7.68 | |||
| Value At Risk | (2.84) | |||
| Potential Upside | 2.0 | |||
| Skewness | (0.29) | |||
| Kurtosis | 0.0733 |
Consider Occidental Petroleum's intraday indicators
Occidental Petroleum intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Occidental Petroleum stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Occidental Petroleum time-series forecasting models is one of many Occidental Petroleum's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Occidental Petroleum's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Occidental Stock media impact
Far too much social signal, news, headlines, and media speculation about Occidental Petroleum that are available to investors today. That information is available publicly through Occidental media outlets and privately through word of mouth or via Occidental internal channels. However, regardless of the origin, that massive amount of Occidental data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Occidental Petroleum news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Occidental Petroleum relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Occidental Petroleum's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Occidental Petroleum alpha.
Occidental Petroleum Corporate Directors
| William Klesse | Independent Director | Profile | |
| Avedick Poladian | Independent Director | Profile | |
| Carlos Gutierrez | Independent Director | Profile | |
| Andrew Gould | Independent Director | Profile |
Additional Tools for Occidental Stock Analysis
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.