Occidental Petroleum Corp (NYSE: OXY) kicked off on Monday, up 1.51% from the previous trading day, before settling in for the closing price of $47.13. Over the past 52 weeks, OXY has traded in a range of $45.17-$71.18.
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A company in the Energy sector has jumped its sales by 16.37% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -6.83%. With a float of $935.62 million, this company’s outstanding shares have now reached $938.17 million.
In an organization with 12570 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 35.55%, operating margin of 19.4%, and the pretax margin is 20.75%.
Occidental Petroleum Corp (OXY) Insider and Institutional Ownership
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 78.64%. The most recent insider transaction that took place on Dec 19 ’24, was worth 164,787,626. In this transaction 10% Owner of this company bought 3,614,015 shares at a rate of $45.60, taking the stock ownership to the 264,178,414 shares. Before that another transaction happened on Dec 18 ’24, when Company’s 10% Owner bought 2,805,513 for $46.26, making the entire transaction worth $129,777,124. This insider now owns 260,564,399 shares in total.
Occidental Petroleum Corp (OXY) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.76 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -6.83% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -1.20% 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 0.76. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.70. Likewise, its price to free cash flow for the trailing twelve months is 10.27.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.84, a number that is poised to hit 0.74 in the next quarter and is forecasted to reach 3.25 in one year’s time.
Technical Analysis of Occidental Petroleum Corp (OXY)
Let’s dig in a bit further. During the last 5-days, its volume was 19.57 million. That was better than the volume of 9.63 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 44.95%. Additionally, its Average True Range was 1.21.
During the past 100 days, Occidental Petroleum Corp’s (OXY) raw stochastic average was set at 18.88%, which indicates a significant decrease from 50.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.09% in the past 14 days, which was higher than the 24.97% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $49.98, while its 200-day Moving Average is $57.84. However, in the short run, Occidental Petroleum Corp’s stock first resistance to watch stands at $48.29. Second resistance stands at $48.75. The third major resistance level sits at $49.49. If the price goes on to break the first support level at $47.09, it is likely to go to the next support level at $46.35. The third support level lies at $45.89 if the price breaches the second support level.
Occidental Petroleum Corp (NYSE: OXY) Key Stats
The company with the Market Capitalisation of 46.64 billion has total of 938,343K 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 7,173 M and last quarter income was 1,133 M.
