Occidental Petroleum Corp. (NYSE: OXY) on Monday, soared 0.47% from the previous trading daybefore settling in for the closing price of $51.05. Within the past 52 weeks, OXY’s price has moved between $49.90 and $71.18.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 16.37%. The company achieved an average annual earnings per share of -0.63%. With a float of $903.02 million, this company’s outstanding shares have now reached $905.62 million.
Considering the fact that the conglomerate employs 12570 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 47.21%, operating margin of 32.92%, and the pretax margin is 21.73%.
Occidental Petroleum Corp. (OXY) Breakdown of a Key Holders of the stock
Observing investor behavior towards Oil & Gas E&P industry stocks is more important than anything else. The insider ownership of Occidental Petroleum Corp. is 0.29%, while institutional ownership is 80.05%. The most recent insider transaction that took place on Aug 14 ’24, was worth 697,125,000. In this transaction 10% Owner of this company sold 19,500,000 shares at a rate of $35.75, taking the stock ownership to the 165,681,578 shares. Before that another transaction happened on Aug 14 ’24, when Company’s 10% Owner sold 19,500,000 for $35.75, making the entire transaction worth $697,125,000. This insider now owns 165,681,578 shares in total.
Occidental Petroleum Corp. (OXY) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -0.63% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.10% during the next five years compared to -6.24% drop over the previous five years of trading.
Occidental Petroleum Corp. (NYSE: OXY) Trading Performance Indicators
Occidental Petroleum Corp. (OXY) is currently performing well based on its current performance indicators. A quick ratio of 0.75 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.68. Likewise, its price to free cash flow for the trailing twelve months is 11.46.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.06, a number that is poised to hit 0.99 in the next quarter and is forecasted to reach 4.29 in one year’s time.
Technical Analysis of Occidental Petroleum Corp. (OXY)
Compared to the last year’s volume of 8.58 million, its volume of 12.91 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 18.95%. Additionally, its Average True Range was 1.21.
During the past 100 days, Occidental Petroleum Corp.’s (OXY) raw stochastic average was set at 7.48%, which indicates a significant decrease from 18.07% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.66% in the past 14 days, which was lower than the 21.70% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $57.74, while its 200-day Moving Average is $60.56. Nevertheless, the first resistance level for the watch stands at $51.81 in the near term. At $52.32, the stock is likely to face the second major resistance level. The third major resistance level sits at $52.74. If the price goes on to break the first support level at $50.88, it is likely to go to the next support level at $50.46. Now, if the price goes above the second support level, the third support stands at $49.95.
Occidental Petroleum Corp. (NYSE: OXY) Key Stats
Market capitalization of the company is 46.45 billion based on 886,637K outstanding shares. Right now, sales total 28,257 M and income totals 4,696 M. The company made 6,817 M in profit during its latest quarter, and 1,162 M in sales during its previous quarter.
