Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
After finishing at $51.97 in the prior trading day, Occidental Petroleum Corp (NYSE: OXY) closed at $50.55, down -2.73%. In other words, the price has decreased by -$2.73 from its previous closing price. On the day, 13.34 million shares were traded. OXY stock price reached its highest trading level at $51.59 during the session, while it also had its lowest trading level at $50.245.
Ratios:
Our goal is to gain a better understanding of OXY by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 26.69 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.45. 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.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 47433236480 and an Enterprise Value of 81870241792. As of this moment, Occidental’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.17, and their Forward P/E ratio for the next fiscal year is 15.50. 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 3.017 whereas that against EBITDA is 6.331.
Stock Price History:
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 1.53%, while the 200-Day Moving Average is calculated to be -10.85%.
Shares Statistics:
The stock has traded on average 11.25M shares per day over the past 3-months and 9603080 shares per day over the last 10 days, according to various share statistics. A total of 938.17M shares are outstanding, with a floating share count of 935.62M. Insiders hold about 0.29% of the company’s shares, while institutions hold 78.67% stake in the company. Shares short for OXY as of 1735603200 were 38581828 with a Short Ratio of 3.43, compared to 1732838400 on 31915352. Therefore, it implies a Short% of Shares Outstanding of 38581828 and a Short% of Float of 7.580000000000001.
Dividends & Splits
In the trailing 12 months, OXY’s forward annual dividend rate was 0.84, compared to 0.88 this year. Against a Trailing Annual Dividend Yield of 0.01616317The stock’s 5-year Average Dividend Yield is 3.76.
