As on September 11, 2020, Occidental Petroleum Corporation (NYSE: OXY) got off with the flyer as it spiked 0.29% to $10.22. During the day, the stock rose to $10.36 and sunk to $9.83 before settling in for the price of $10.19 at the close. Taking a more long-term approach, OXY posted a 52-week range of $9.00-$48.85.
The Energy Sector giants’ yearly sales growth during the last 5-year period was 1.20%. Meanwhile, its Annual Earning per share during the time was -45.40%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -122.40%. This publicly-traded company’s shares outstanding now amounts to $930.14 million, simultaneously with a float of $927.61 million. The organization now has a market capitalization sitting at $9.48 billion. At the time of writing, stock’s 50-day Moving Average stood at $14.90, while the 200-day Moving Average is $23.61.
Let’s gauge the efficiency of the firm, which has a total of 14400 employees. It has generated 1,298,333 per worker during the last fiscal year. Meanwhile, its income per employee was -45,278. The stock had 3.27 Receivables turnover and 0.24 Total Asset turnover. For the Profitability, stocks gross margin was +22.10, operating margin was +5.98 and Pretax Margin of +0.99.
Occidental Petroleum Corporation (OXY) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Oil & Gas E&P industry. Occidental Petroleum Corporation’s current insider ownership accounts for 0.10%, in contrast to 70.70% institutional ownership. According to the most recent insider trade that took place on Aug 25, this organization’s Director bought 10,000 shares at the rate of 13.43, making the entire transaction reach 134,300 in total value, affecting insider ownership by 168,092. Preceding that transaction, on Jun 08, Company’s Former Senior Vice President sold 11,839 for 23.97, making the whole transaction’s value amount to 283,781. This particular insider is now the holder of 35,000 in total.
Occidental Petroleum Corporation (OXY) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 6/29/2020, the company posted -$1.76 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -$1.68) by -$0.08. This company achieved a net margin of -3.49 while generating a return on equity of -2.35. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.52 per share during the current fiscal year.
Occidental Petroleum Corporation’s EPS decrease for this current 12-month fiscal period is -122.40% and is forecasted to reach -1.34 in the upcoming year.
Occidental Petroleum Corporation (NYSE: OXY) Trading Performance Indicators
Let’s observe the current performance indicators for Occidental Petroleum Corporation (OXY). It’s Quick Ratio in the last reported quarter now stands at 0.70. The Stock has managed to achieve an average true range (ATR) of 0.64. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.44.
In the same vein, OXY’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -12.59, a figure that is expected to reach -0.73 in the next quarter, and analysts are predicting that it will be -1.34 at the market close of one year from today.
Technical Analysis of Occidental Petroleum Corporation (OXY)
Through scrutinizing the latest numbers posted by the [Occidental Petroleum Corporation, OXY], it can be observed that its last 5-days Average volume of 32.03 million was lower the volume of 32.11 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 6.44% While, its Average True Range was 0.63.
Raw Stochastic average of Occidental Petroleum Corporation (OXY) in the period of the previous 100 days is set at 2.66%, which indicates a major fall in contrast to 9.29% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 56.02% that was lower than 95.21% volatility it exhibited in the past 100-days period.