...
oxy-img

Occidental Petroleum Corporation, Common Stock

OXY

NYQ

$69.26

+$0.32

(0.46%)

1D
Industry: Oil, Gas & Consumable Fuels Sector: Energy

Analyst Forecast

Price Chart

Key Metrics

Market Cap info-icon
This is a company’s total value as determined by the stock market. It is calculated by multiplying the total number of a company's outstanding shares by the current market price of one share.
$61.14B
P/E Ratio info-icon
This is the ratio of a security’s current share price to its earnings per share. This ratio determines the relative value of a company’s share.
17.69
Volume info-icon
This is the total number of shares traded during the most recent trading day.
7.04M
Avg Volume info-icon
This is the average number of shares traded during the most recent 30 days.
7.59M
Dividend Yield info-icon
This ratio shows how much income you earn in dividend payouts per year for every dollar invested in the stock (or the stock’s annual dividend payment expressed as a percentage of its current price).
1.28%
Beta info-icon
This measures the expected move in a stock’s price relative to movements in the overall market. The market, such as the S&P 500 Index, has a beta of 1.0. If a stock has a Beta greater (or lower) than 1.0, it suggests that the stock is more (or less) volatile than the broader market.
1.69
52-week Range info-icon
This shows the range of the stock’s price between the 52-week high (the highest price of the stock for the past 52 weeks) and the 52-week low (the lowest price of the stock for the past 52 weeks).
$54.92 L
$69.58 H
$69.26

About Occidental Petroleum Corporation, Common Stock

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, and North Africa. It operates through three segments: Oil and Gas, Chemical, and Midstream and Marketing. The company's Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. Its Chemical segment manufactures and markets basic chemicals, including chlorine, caustic soda, chlorinated organics, potassium chemicals, ethylene dichloride, chlorinated isocyanurates, sodium silicates, and calcium chloride; and vinyls comprising vinyl chloride monomer, polyvinyl chloride, and ethylene. The Midstream and Marketing segment gathers, processes, transports, stores, purchases, and markets oil, condensate, NGLs, natural gas, carbon dioxide, and power. This segment also invests in entities. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas. more

Industry: Oil, Gas & Consumable FuelsSector: Energy

Returns

Time FrameOXYSectorS&P500;
1-Week Return2.41%0.7%0.25%
1-Month Return12.58%10.59%0.89%
3-Month Return21.67%20.49%8.31%
6-Month Return10.08%13.59%18.76%
1-Year Return8.96%16.92%27.47%
3-Year Return193.04%130.64%30.79%
5-Year Return15.21%85.02%93.94%
10-Year Return2.02%62.3%241.45%

Financials

Dec '19Dec '20Dec '21Dec '22Dec '235YR TREND
Total Revenue20.39B17.81B25.96B36.63B28.26B[{"date":"2019-12-31","value":55.67,"profit":true},{"date":"2020-12-31","value":48.61,"profit":true},{"date":"2021-12-31","value":70.85,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":77.13,"profit":true}]
Cost of Revenue14.32B16.57B18.11B18.99B18.15B[{"date":"2019-12-31","value":75.4,"profit":true},{"date":"2020-12-31","value":87.23,"profit":true},{"date":"2021-12-31","value":95.35,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":95.57,"profit":true}]
Gross Profit6.08B1.24B7.85B17.64B10.11B[{"date":"2019-12-31","value":34.43,"profit":true},{"date":"2020-12-31","value":7.05,"profit":true},{"date":"2021-12-31","value":44.49,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":57.29,"profit":true}]
Gross Margin29.79%6.99%30.24%48.17%35.78%[{"date":"2019-12-31","value":61.85,"profit":true},{"date":"2020-12-31","value":14.5,"profit":true},{"date":"2021-12-31","value":62.79,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":74.28,"profit":true}]
Operating Expenses3.26B2.50B3.19B3.98B3.69B[{"date":"2019-12-31","value":81.91,"profit":true},{"date":"2020-12-31","value":62.86,"profit":true},{"date":"2021-12-31","value":80.03,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":92.84,"profit":true}]
Operating Income3.40B(770.00M)5.46B14.61B4.70B[{"date":"2019-12-31","value":23.3,"profit":true},{"date":"2020-12-31","value":-5.27,"profit":false},{"date":"2021-12-31","value":37.38,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":32.14,"profit":true}]
Total Non-Operating Income/Expense(4.07B)(16.24B)(3.21B)(1.37B)15.00M[{"date":"2019-12-31","value":-27120,"profit":false},{"date":"2020-12-31","value":-108273.33,"profit":false},{"date":"2021-12-31","value":-21366.67,"profit":false},{"date":"2022-12-31","value":-9140,"profit":false},{"date":"2023-12-31","value":100,"profit":true}]
Pre-Tax Income186.00M(15.71B)3.71B14.12B6.43B[{"date":"2019-12-31","value":1.32,"profit":true},{"date":"2020-12-31","value":-111.25,"profit":false},{"date":"2021-12-31","value":26.24,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":45.54,"profit":true}]
Income Taxes693.00M(2.17B)915.00M813.00M1.73B[{"date":"2019-12-31","value":39.99,"profit":true},{"date":"2020-12-31","value":-125.33,"profit":false},{"date":"2021-12-31","value":52.8,"profit":true},{"date":"2022-12-31","value":46.91,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
Income After Taxes(507.00M)(13.53B)2.79B13.30B4.70B[{"date":"2019-12-31","value":-3.81,"profit":false},{"date":"2020-12-31","value":-101.72,"profit":false},{"date":"2021-12-31","value":20.97,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":35.3,"profit":true}]
Income From Continuous Operations(507.00M)(13.53B)2.79B13.30B4.70B[{"date":"2019-12-31","value":-3.81,"profit":false},{"date":"2020-12-31","value":-101.72,"profit":false},{"date":"2021-12-31","value":20.97,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":35.3,"profit":true}]
Income From Discontinued Operations(15.00M)(1.30B)(468.00M)--[{"date":"2019-12-31","value":-1500000000,"profit":false},{"date":"2020-12-31","value":-129800000000,"profit":false},{"date":"2021-12-31","value":-46800000000,"profit":false},{"date":"2022-12-31","value":"-","profit":true},{"date":"2023-12-31","value":"-","profit":true}]
Net Income(507.00M)(13.53B)2.32B13.30B3.75B[{"date":"2019-12-31","value":-3.81,"profit":false},{"date":"2020-12-31","value":-101.72,"profit":false},{"date":"2021-12-31","value":17.45,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":28.19,"profit":true}]
EPS (Diluted)1.62(3.90)2.529.333.69[{"date":"2019-12-31","value":17.36,"profit":true},{"date":"2020-12-31","value":-41.8,"profit":false},{"date":"2021-12-31","value":27.01,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":39.55,"profit":true}]

Ratios

Liquidity

These ratios help you determine the liquidity of the company. Higher is better.

OXY
Cash Ratio 0.16
Current Ratio 0.92
Quick Ratio 0.69

Asset Efficiency

These ratios help you understand the company's efficiency in using its assets to generate returns. Higher is better. For ROE, average long term is around 14%, less than 10% is poor.

OXY
ROA (LTM) 5.09%
ROE (LTM) 15.54%

Liabilities

These ratios help you understand the company's liabilities, gauging the riskiness of the investment.

OXY
Debt Ratio Lower is generally better. Negative is bad. 0.59
Common Equity/Total Assets Higher is better. Lower can suggest investment is riskier. 0.41
Debt/Equity The higher the number, the more leverage the business employs, the riskier the investment typically is. 2.45

Valuation

These ratios help you understand the company's valuation. Lower may indicate cheaper stocks.

OXY
Trailing PE 17.68
Forward PE 19.16
P/S (TTM) 2.16
P/B 2.78
Price/FCF 36
EV/R 3.15
EV/Ebitda 6.24
PEG NM

News

Taking CO2 out of the air would be an absurdly expensive way to fight climate change

Executives hold shovels during a groundbreaking ceremony at the Occidental Petroleum and 1PointFive carbon removal plant in Ector County, Texas, on April 28th, 2023. | Image: Jordan Vonderhaar / Bloomberg via Getty Images Attempting to filter enough carbon dioxide out of the atmosphere to make a significant impact on climate change would require hundreds of billions of dollars in government spending, according to a new report . The suite of technologies emerging to attempt that task all fall under an umbrella called carbon dioxide removal, or CDR. It’s still risky and astronomically expensive . But there’s been growing chatter about it, particularly as the US continues producing record amounts of oil and gas . According to the new report by research firm Rhodium Group, the US needs to spend roughly $100 billion a year on CDR in order to scale up to a level that would help the country meet its climate goals. A majority of that needs to come in the form of… Continue reading…

11 Apr, 2024 a 7:14 pm The Verge

Occidental Petroleum Expects To Resume Gulf Of Mexico Production In Coming Days

LOS ANGELES (dpa-AFX) - Occidental Petroleum Corp. (OXY) revealed in a Form 8-K filing with the U.S. Securities and Exchange Commission on Wednesday that that company delivered another quarter of …

10 Apr, 2024 a 1:06 pm Finanz Nachrichten

The 3 Best Oil & Gas Stocks to Buy in April 2024

Currently, crude oil is trading for over $85 a barrel. That’s a 7% gain since March 1 and a 22% gain in 2024. Those gains are mirrored in the Energy Select Sector SPDR ETF (NYSEARCA: XLE ), which has been up 16% since mid-February. And many industry analysts forecast it won’t be long before we see $100 a barrel for oil. That’s why it’s time to look at the best oil and gas stocks to buy in April. For investors in this sector, the rally in oil prices is a better late than never moment. Many investors have been piling into oil and gas stocks since 2023, expecting higher oil prices. The oil price rallied in the summer of 2023, but the gains didn’t hold. But this rally may have legs. The ISM Manufacturing Data in March rose unexpectedly, and the job market remains strong despite stubbornly high inflation and interest rates above 5%. That’s not historically high but generationally high after nearly 15 years of near-zero interest rates. Yet, the Federal Reserve seems committed to cutting interest rates sometime in 2024.

4 Apr, 2024 a 7:32 pm InvestorPlace

3 Energy Stocks Short Sellers Are Drilling Into: Is the Rally Running on Empty?

Investors are getting excited about the energy sector. The price of crude oil has topped $86 per barrel once again and is now at its highest level in months. Geopolitical uncertainty has played into the move. With the conflict in the Middle East and the ongoing problems with Russia, investors are pricing potential supply constraints into the oil market. In addition, the economy continues to run hotter than expected and inflation remains above long-term targets. This inflation-driven economic backdrop should be supportive for energy prices. It’s not just crude oil either. Investors are starting to price in the need for more electricity capacity, thanks to the surge in artificial intelligence applications. This has led to investor excitement in uranium stocks as the price of spot uranium soars. But not everyone is convinced that the skies are clear for energy stocks . Short sellers are increasing their bets against the sector. In particular, they’re picking on these companies as having significant downsides.

4 Apr, 2024 a 3:57 pm InvestorPlace

OXY vs. PXD: Which Energy Stock Is Better?

In this piece, I evaluated two energy stocks, Occidental Petroleum (NYSE:OXY) and Pioneer Natural Resources (NYSE:PXD), using TipRanks’ comparison …

2 Apr, 2024 a 3:31 pm TipRanks

This Warren Buffett Stock Just Got a Vote of Confidence From a Key Rival. Is It a Buy?

SLB is upping its investment in an idea that Occidental Petroleum has already been working on for over a decade now.

2 Apr, 2024 a 12:02 am The Motley Fool

The 3 Best Energy Stocks to Buy in Q2 2024

The surge in AI and Big Tech continues capturing widespread attention, but savvy investors will want to focus on energy stocks . Energy stocks are off to an excellent start this year, with the Energy Select Sector SPDR Fund posting double-digit gains year-to-date (YTD), performing in line with tech stocks . Moreover, despite a somber outlook on the stock market, Morgan Stanley has shifted its stance on energy stocks to ‘overweight’ from ‘neutral.’ This adjustment is based on the stock prices of top energy companies that haven’t kept pace with the bullishness in the fossil fuel market. Hence, with robust prospects ahead and attractive valuations, it’s prudent to bet on the best energy stocks to buy. Best Energy Stocks to Buy: Occidental Petroleum (OXY) Source: IgorGolovniov / Shutterstock.com Oil and gas titan Occidental Petroleum (NYSE: OXY ) has established its position as a bellwether in its niche, attracting some of the biggest names in investing. It has been one of the top Warren Buffet stocks, with his investment firm Berkshire Hathaway (NYSE: BRK-A , NYSE: BRK-B ) holding a significant 27.8% stake .

1 Apr, 2024 a 2:11 pm InvestorPlace

FAQs

What is Occidental Petroleum Corporation share price today?

Occidental Petroleum Corporation (OXY) share price today is $69.26

Can Indians buy Occidental Petroleum Corporation shares?

Yes, Indians can buy shares of Occidental Petroleum Corporation (OXY) on Vested. To buy

from India, you can open a US Brokerage account on Vested today by clicking on Sign Up or Invest in OXY stock at the top of this page. The account opening process is completely digital and secure, and takes a few minutes to complete.

Can Fractional shares of Occidental Petroleum Corporation be purchased?

Yes, you can purchase fractional shares of Occidental Petroleum Corporation (OXY) via the Vested app. You can start investing in Occidental Petroleum Corporation (OXY) with a minimum investment of $1.

How to invest in Occidental Petroleum Corporation shares from India?

You can invest in shares of Occidental Petroleum Corporation (OXY) via Vested in three simple steps:

  • Click on Sign Up or Invest in OXY stock at the top of this page
  • Breeze through our fully digital and secure KYC process and open your US Brokerage account in a few minutes
  • Transfer USD funds to your US Brokerage account and start investing in Occidental Petroleum Corporation shares
What is Occidental Petroleum Corporation 52-week high and low stock price?

The 52-week high price of Occidental Petroleum Corporation (OXY) is $69.58. The 52-week low price of Occidental Petroleum Corporation (OXY) is $54.92.

What is Occidental Petroleum Corporation price-to-earnings (P/E) ratio?

The price-to-earnings (P/E) ratio of Occidental Petroleum Corporation (OXY) is 17.69

What is Occidental Petroleum Corporation price-to-book (P/B) ratio?

The price-to-book (P/B) ratio of Occidental Petroleum Corporation (OXY) is 2.78

What is Occidental Petroleum Corporation dividend yield?

The dividend yield of Occidental Petroleum Corporation (OXY) is 1.28%

What is the Market Cap of Occidental Petroleum Corporation?

The market capitalization of Occidental Petroleum Corporation (OXY) is $61.14B

What is Occidental Petroleum Corporation’s stock symbol?

The stock symbol (or ticker) of Occidental Petroleum Corporation is OXY

Signup to access all features and start your US investing journey!

  • Open your account in minutes
  • Take your portfolio global, starting at just $1
Get started

Add ticker to compare

Scroll to Top