Occidental Petroleum Corp (NYSE: OXY) kicked off on Monday, up 0.55% from the previous trading day, before settling in for the closing price of $50.53. Over the past 52 weeks, OXY has traded in a range of $49.51-$71.18.
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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%. While this was happening, its average annual earnings per share was recorded -12.90%. 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
Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas E&P Industry. The insider ownership of Occidental Petroleum Corp is 0.29%, while institutional ownership is 80.20%. 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
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 1.18 earnings per share (EPS), higher than consensus estimate (set at 0.84) by 0.34. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.7 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -12.90% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.00% 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
Take a look at Occidental Petroleum Corp’s (OXY) current performance indicators. Last quarter, stock had a quick ratio of 0.75. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.64. Likewise, its price to free cash flow for the trailing twelve months is 11.21.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.06, a number that is poised to hit 0.74 in the next quarter and is forecasted to reach 3.34 in one year’s time.
Technical Analysis of Occidental Petroleum Corp (OXY)
Compared to the last year’s volume of 9.25 million, its volume of 12.99 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 54.47%. Additionally, its Average True Range was 1.05.
During the past 100 days, Occidental Petroleum Corp’s (OXY) raw stochastic average was set at 8.53%, which indicates a significant decrease from 50.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.92% in the past 14 days, which was lower than the 23.77% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $52.07, while its 200-day Moving Average is $59.30. Nevertheless, the first resistance level for the watch stands at $51.28 in the near term. At $51.74, the stock is likely to face the second major resistance level. The third major resistance level sits at $52.42. If the price goes on to break the first support level at $50.14, it is likely to go to the next support level at $49.46. Now, if the price goes above the second support level, the third support stands at $49.00.
Occidental Petroleum Corp (NYSE: OXY) Key Stats
The company with the Market Capitalisation of 45.40 billion has total of 905,616K Shares Outstanding. Its annual sales at the moment are 28,257 M in contrast with the sum of 4,696 M annual income. Company’s last quarter sales were recorded 6,817 M and last quarter income was 1,162 M.
