Market Insights: Occidental Petroleum Corp (OXY)’s Notable Drop of -0.48, Closing at 49.51

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As of close of business last night, Occidental Petroleum Corp’s stock clocked out at $49.51, down -0.48% from its previous closing price of $49.75. In other words, the price has decreased by -$0.48 from its previous closing price. On the day, 10.81 million shares were traded. OXY stock price reached its highest trading level at $50.17 during the session, while it also had its lowest trading level at $49.03.

Ratios:

To gain a deeper understanding of OXY’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 21.71 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.52. For the most recent quarter (mrq), Quick Ratio is recorded 0.73 and its Current Ratio is at 0.95. In the meantime, Its Debt-to-Equity ratio is 0.79 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, Raymond James on March 10, 2025, Downgraded its rating to Outperform and sets its target price to $64 from $81 previously.

On January 31, 2025, Goldman Downgraded its rating to Sell which previously was Neutral and also lowered its target price recommendation from $54 to $45.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Feb 07 ’25 when BERKSHIRE HATHAWAY INC bought 763,017 shares for $46.82 per share. The transaction valued at 35,724,074 led to the insider holds 264,941,431 shares of the business.

BERKSHIRE HATHAWAY INC bought 3,614,015 shares of OXY for $164,787,626 on Dec 19 ’24. The 10% Owner now owns 264,178,414 shares after completing the transaction at $45.60 per share. On Dec 18 ’24, another insider, BERKSHIRE HATHAWAY INC, who serves as the 10% Owner of the company, bought 2,805,513 shares for $46.26 each. As a result, the insider paid 129,777,124 and bolstered with 260,564,399 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 46754172928 and an Enterprise Value of 80045178880. As of this moment, Occidental’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.21, and their Forward P/E ratio for the next fiscal year is 12.21. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.72. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.72 while its Price-to-Book (P/B) ratio in mrq is 1.80. Its current Enterprise Value per Revenue stands at 2.995 whereas that against EBITDA is 6.174.

Stock Price History:

The Beta on a monthly basis for OXY is 1.04, which has changed by -0.25414282 over the last 52 weeks, in comparison to a change of 0.08572841 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 $44.70. The 50-Day Moving Average of the stock is 2.23%, while the 200-Day Moving Average is calculated to be -6.38%.

Shares Statistics:

It appears that OXY traded 11.36M shares on average per day over the past three months and 11683430 shares per day over the past ten days. A total of 938.46M shares are outstanding, with a floating share count of 935.77M. Insiders hold about 0.43% of the company’s shares, while institutions hold 77.21% stake in the company. Shares short for OXY as of 1741910400 were 43996248 with a Short Ratio of 3.87, compared to 1739491200 on 38134738. Therefore, it implies a Short% of Shares Outstanding of 43996248 and a Short% of Float of 7.48.

Dividends & Splits

With its trailing 12-month dividend rate of 0.88, OXY has a forward annual dividend rate of 0.90. Against a Trailing Annual Dividend Yield of 0.017688442The stock’s 5-year Average Dividend Yield is 3.53. The current Payout Ratio is 36.00% for OXY, which recently paid a dividend on 2025-03-10 with an ex-dividend date of 1741564800. Stock splits for the company last occurred on 2016-02-25 when the company split stock in a 10000:9983 ratio.

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