On Monday, Occidental Petroleum Corp. (NYSE: OXY) opened higher 1.00% from the last session, before settling in for the closing price of $51.03. Price fluctuations for OXY have ranged from $49.75 to $71.18 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 16.37%. Company’s average yearly earnings per share was noted -6.25% at the time writing. 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.
Occidental Petroleum Corp. (OXY) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Oil & Gas E&P industry is another important factor to consider. The insider ownership of Occidental Petroleum Corp. is 0.29%, while institutional ownership is 79.82%. 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
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According to the Wall Street analysts, stocks earnings will be around -6.25% 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
Check out the current performance indicators for Occidental Petroleum Corp. (OXY). In the past quarter, the stock posted a quick ratio of 0.75. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.69. Likewise, its price to free cash flow for the trailing twelve months is 11.52.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.06, a number that is poised to hit 0.89 in the next quarter and is forecasted to reach 3.86 in one year’s time.
Technical Analysis of Occidental Petroleum Corp. (OXY)
Compared to the last year’s volume of 8.83 million, its volume of 15.88 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 32.04%. Additionally, its Average True Range was 1.22.
During the past 100 days, Occidental Petroleum Corp.’s (OXY) raw stochastic average was set at 11.93%, which indicates a significant decrease from 53.27% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.35% in the past 14 days, which was lower than the 22.05% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $55.65, while its 200-day Moving Average is $60.27. Nevertheless, the first resistance level for the watch stands at $52.28 in the near term. At $53.03, the stock is likely to face the second major resistance level. The third major resistance level sits at $53.99. If the price goes on to break the first support level at $50.57, it is likely to go to the next support level at $49.61. Now, if the price goes above the second support level, the third support stands at $48.86.
Occidental Petroleum Corp. (NYSE: OXY) Key Stats
There are currently 886,637K shares outstanding in the company with a market cap of 46.68 billion. Presently, the company’s annual sales total 28,257 M according to its annual income of 4,696 M. Last quarter, the company’s sales amounted to 6,817 M and its income totaled 1,162 M.
