Occidental Petroleum Corporation (OXY)

NYSE: OXY · IEX Real-Time Price · USD
64.99
+0.79 (1.23%)
At close: Mar 28, 2024, 4:00 PM
64.92
-0.07 (-0.11%)
After-hours: Mar 28, 2024, 7:59 PM EDT

Total Valuation

OXY has a market cap or net worth of $56.91 billion. The enterprise value is $76.40 billion.

Market Cap 56.91B
Enterprise Value 76.40B

Important Dates

The next estimated earnings date is Tuesday, May 7, 2024, after market close.

Earnings Date May 7, 2024
Ex-Dividend Date Mar 7, 2024

Share Statistics

OXY has 879.50 million shares outstanding. The number of shares has decreased by -3.14% in one year.

Shares Outstanding 879.50M
Shares Change (YoY) -3.14%
Shares Change (QoQ) -0.49%
Owned by Insiders (%) 28.30%
Owned by Institutions (%) 51.94%
Float 876.32M

Valuation Ratios

The trailing PE ratio is 16.66 and the forward PE ratio is 19.20. OXY's PEG ratio is 2.19.

PE Ratio 16.66
Forward PE 19.20
PS Ratio 1.97
Forward PS 1.92
PB Ratio 1.88
P/FCF Ratio 9.39
PEG Ratio 2.19
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 5.37, with an EV/FCF ratio of 12.60.

EV / Earnings 20.25
EV / Sales 2.64
EV / EBITDA 5.37
EV / EBIT 10.36
EV / FCF 12.60

Financial Position

The company has a current ratio of 0.92, with a Debt / Equity ratio of 0.69.

Current Ratio 0.92
Quick Ratio 0.51
Debt / Equity 0.69
Debt / EBITDA 1.47
Debt / FCF 3.45
Interest Coverage 7.80

Financial Efficiency

Return on equity (ROE) is 12.80% and return on invested capital (ROIC) is 9.77%.

Return on Equity (ROE) 12.80%
Return on Assets (ROA) 5.20%
Return on Capital (ROIC) 9.77%
Revenue Per Employee $2.30M
Profits Per Employee $300,159
Employee Count 12,570
Asset Turnover 0.40
Inventory Turnover 9.43

Taxes

In the past 12 months, OXY has paid $1.73 billion in taxes.

Income Tax 1.73B
Effective Tax Rate 31.47%

Stock Price Statistics

The stock price has increased by +4.47% in the last 52 weeks. The beta is 1.65, so OXY's price volatility has been higher than the market average.

Beta (1Y) 1.65
52-Week Price Change +4.47%
50-Day Moving Average 60.09
200-Day Moving Average 61.01
Relative Strength Index (RSI) 68.88
Average Volume (30 Days) 8,719,116

Short Selling Information

The latest short interest is 51.71 million, so 5.88% of the outstanding shares have been sold short.

Short Interest 51.71M
Short Previous Month 52.11M
Short % of Shares Out 5.88%
Short % of Float 5.90%
Short Ratio (days to cover) 5.18

Income Statement

In the last 12 months, OXY had revenue of $28.92 billion and earned $3.77 billion in profits. Earnings per share was $3.90.

Revenue 28.92B
Gross Profit 9.68B
Operating Income 6.84B
Pretax Income 6.43B
Net Income 3.77B
EBITDA 14.24B
EBIT 7.37B
Earnings Per Share (EPS) $3.90
Full Income Statement

Balance Sheet

The company has $1.43 billion in cash and $20.91 billion in debt, giving a net cash position of -$19.49 billion or -$22.15 per share.

Cash & Cash Equivalents 1.43B
Total Debt 20.91B
Net Cash -19.49B
Net Cash Per Share -$22.15
Equity / Book Value 30.25B
Book Value Per Share 34.39
Working Capital -773.00M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $12.31 billion and capital expenditures -$6.25 billion, giving a free cash flow of $6.06 billion.

Operating Cash Flow 12.31B
Capital Expenditures -6.25B
Free Cash Flow 6.06B
FCF Per Share $6.89
Full Cash Flow Statement

Margins

Gross margin is 33.48%, with operating and profit margins of 23.65% and 13.05%.

Gross Margin 33.48%
Operating Margin 23.65%
Pretax Margin 22.23%
Profit Margin 13.05%
EBITDA Margin 49.24%
EBIT Margin 25.50%
FCF Margin 20.97%

Dividends & Yields

This stock pays an annual dividend of $0.88, which amounts to a dividend yield of 1.35%.

Dividend Per Share $0.88
Dividend Yield 1.35%
Dividend Growth (YoY) 33.33%
Years of Dividend Growth 2
Payout Ratio 22.56%
Buyback Yield 3.14%
Shareholder Yield 4.49%
Earnings Yield 6.63%
FCF Yield 10.65%
Dividend Details

Analyst Forecast

The average price target for OXY is $69.83, which is 7.45% higher than the current price. The consensus rating is "Buy".

Price Target $69.83
Price Target Difference 7.45%
Analyst Consensus Buy
Analyst Count 14
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) -2.51%
Stock Forecasts

Stock Splits

The last stock split was on February 25, 2016. It was a forward split with a ratio of 10000:9983.

Last Split Date Feb 25, 2016
Split Type Forward
Split Ratio 10000:9983

Scores

OXY has an Altman Z-Score of 1.86 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 1.86
Piotroski F-Score 6