Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
In the latest session, Occidental Petroleum Corp (NYSE: OXY) closed at $41.90 down -0.97% from its previous closing price of $42.31. In other words, the price has decreased by -$0.97 from its previous closing price. On the day, 5.86 million shares were traded. OXY stock price reached its highest trading level at $42.36 during the session, while it also had its lowest trading level at $41.72.
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 15.70 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.29. For the most recent quarter (mrq), Quick Ratio is recorded 0.79 and its Current Ratio is at 1.01. In the meantime, Its Debt-to-Equity ratio is 0.75 whereas as Long-Term Debt/Eq ratio is at 0.69.
On April 08, 2025, TD Cowen Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $45.
Raymond James Downgraded its Strong Buy to Outperform on March 10, 2025, whereas the target price for the stock was revised from $81 to $64.
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 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 41235173376 and an Enterprise Value of 73290162176. As of this moment, Occidental’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.96, and their Forward P/E ratio for the next fiscal year is 13.24. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.81. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.48 while its Price-to-Book (P/B) ratio in mrq is 1.49. Its current Enterprise Value per Revenue stands at 2.66 whereas that against EBITDA is 5.359.
Stock Price History:
The Beta on a monthly basis for OXY is 0.88, which has changed by -0.33131182 over the last 52 weeks, in comparison to a change of 0.11936104 over the same period for the S&P500. Over the past 52 weeks, OXY has reached a high of $64.75, while it has fallen to a 52-week low of $34.78. The 50-Day Moving Average of the stock is -2.46%, while the 200-Day Moving Average is calculated to be -14.76%.
Shares Statistics:
For the past three months, OXY has traded an average of 13.33M shares per day and 11805470 over the past ten days. A total of 984.13M shares are outstanding, with a floating share count of 980.41M. Insiders hold about 0.38% of the company’s shares, while institutions hold 76.21% stake in the company. Shares short for OXY as of 1745971200 were 33951246 with a Short Ratio of 2.55, compared to 1743379200 on 46674561. Therefore, it implies a Short% of Shares Outstanding of 33951246 and a Short% of Float of 5.390000000000001.
Dividends & Splits
According to the company, the forward annual dividend rate for OXY is 0.90, from 0.9 in the trailing year. Against a Trailing Annual Dividend Yield of 0.021271566The stock’s 5-year Average Dividend Yield is 2.83. The current Payout Ratio is 36.00% for OXY, which recently paid a dividend on 2025-03-10 with an ex-dividend date of 1749513600. Stock splits for the company last occurred on 2016-02-25 when the company split stock in a 10000:9983 ratio.