Occidental Petroleum Corp (OXY) 14-day ATR is 1.14: This Stock is Set to Soar Above its Peers

Occidental Petroleum Corp (NYSE: OXY) established initial surge of 0.94% at $50.32, before settling in for the price of $49.85 at the close. Taking a more long-term approach, OXY posted a 52-week range of $48.42-$71.18.

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The Energy sector firm’s twelve-monthly sales growth has been 16.37% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was -6.24%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -6.36%. This publicly-traded company’s shares outstanding now amounts to $938.34 million, simultaneously with a float of $935.46 million. The organization now has a market capitalization sitting at $47.66 billion. At the time of writing, stock’s 50-day Moving Average stood at $51.70, while the 200-day Moving Average is $58.88.

Occidental Petroleum Corp (OXY) Ownership Facts and Figures

Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Occidental Petroleum Corp industry. Occidental Petroleum Corp’s current insider ownership accounts for 0.31%, in contrast to 77.69% institutional ownership. According to the most recent insider trade that took place on Aug 14 ’24, this organization’s 10% Owner sold 19,500,000 shares at the rate of 35.75, making the entire transaction reach 697,125,000 in total value, affecting insider ownership by 165,681,578. Preceding that transaction, on Aug 14 ’24, Company’s 10% Owner sold 19,500,000 for 35.75, making the whole transaction’s value amount to 697,125,000. This particular insider is now the holder of 165,681,578 in total.

Occidental Petroleum Corp (OXY) Earnings and Revenue Records

Occidental Petroleum Corp’s EPS decrease for this current 12-month fiscal period is -6.36% and is forecasted to reach 3.55 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 12.00% through the next 5 years, which can be compared against the -6.24% growth it accomplished over the previous five years trading on the market.

Occidental Petroleum Corp (NYSE: OXY) Trading Performance Indicators

Let’s observe the current performance indicators for Occidental Petroleum Corp (OXY). It’s Quick Ratio in the last reported quarter now stands at 0.76. The Stock has managed to achieve an average true range (ATR) of 1.14. Alongside those numbers, its PE Ratio stands at $13.11, and its Beta score is 1.60. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.73. Similarly, its price to free cash flow for trailing twelve months is now 10.50.

In the same vein, OXY’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 3.84, a figure that is expected to reach 0.73 in the next quarter, and analysts are predicting that it will be 3.55 at the market close of one year from today.

Technical Analysis of Occidental Petroleum Corp (OXY)

Now, what If we examine the latest scores posted by [Occidental Petroleum Corp, OXY]. During the last 5-days, its volume was better the volume of 9.38 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 31.72% While, its Average True Range was 1.12.

Raw Stochastic average of Occidental Petroleum Corp (OXY) in the period of the previous 100 days is set at 11.63%, which indicates a major fall in contrast to 48.97% 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 21.59% that was lower than 23.80% volatility it exhibited in the past 100-days period.