Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, Occidental Petroleum Corp (NYSE: OXY) closed at $46.98 down -0.80% from its previous closing price of $47.36. In other words, the price has decreased by -$0.80 from its previous closing price. On the day, 9.1 million shares were traded. OXY stock price reached its highest trading level at $47.91 during the session, while it also had its lowest trading level at $46.71.
Ratios:
For a deeper understanding of Occidental Petroleum Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 24.81 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.71. For the most recent quarter (mrq), Quick Ratio is recorded 0.76 and its Current Ratio is at 1.00. In the meantime, Its Debt-to-Equity ratio is 0.80 whereas as Long-Term Debt/Eq ratio is at 0.75.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Goldman on January 31, 2025, Downgraded its rating to Sell and sets its target price to $45 from $54 previously.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 19 ’24 when BERKSHIRE HATHAWAY INC bought 3,614,015 shares for $45.60 per share. The transaction valued at 164,787,626 led to the insider holds 264,178,414 shares of the business.
BERKSHIRE HATHAWAY INC bought 2,805,513 shares of OXY for $129,777,124 on Dec 18 ’24. The 10% Owner now owns 260,564,399 shares after completing the transaction at $46.26 per share. On Dec 17 ’24, another insider, BERKSHIRE HATHAWAY INC, who serves as the 10% Owner of the company, bought 2,477,362 shares for $46.25 each. As a result, the insider paid 114,588,397 and bolstered with 257,758,886 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OXY now has a Market Capitalization of 44083351552 and an Enterprise Value of 78876925952. As of this moment, Occidental’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.24, and their Forward P/E ratio for the next fiscal year is 13.40. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.18. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.60 while its Price-to-Book (P/B) ratio in mrq is 1.67. Its current Enterprise Value per Revenue stands at 2.907 whereas that against EBITDA is 6.1.
Stock Price History:
The Beta on a monthly basis for OXY is 1.55, which has changed by -0.17591786 over the last 52 weeks, in comparison to a change of 0.20587826 over the same period for the S&P500. Over the past 52 weeks, OXY has reached a high of $71.18, while it has fallen to a 52-week low of $45.17. The 50-Day Moving Average of the stock is -4.54%, while the 200-Day Moving Average is calculated to be -15.40%.
Shares Statistics:
For the past three months, OXY has traded an average of 11.46M shares per day and 10008810 over the past ten days. A total of 938.17M shares are outstanding, with a floating share count of 935.64M. Insiders hold about 0.29% of the company’s shares, while institutions hold 78.53% stake in the company. Shares short for OXY as of 1736899200 were 38504565 with a Short Ratio of 3.36, compared to 1734048000 on 35585102. Therefore, it implies a Short% of Shares Outstanding of 38504565 and a Short% of Float of 7.5600000000000005.
Dividends & Splits
According to the company, the forward annual dividend rate for OXY is 0.88, from 0.84 in the trailing year. Against a Trailing Annual Dividend Yield of 0.017736485The stock’s 5-year Average Dividend Yield is 3.66. The current Payout Ratio is 18.44% for OXY, which recently paid a dividend on 2024-12-10 with an ex-dividend date of 1733788800. Stock splits for the company last occurred on 2016-02-25 when the company split stock in a 10000:9983 ratio.
