On Monday, Occidental Petroleum Corp (NYSE: OXY) opened higher 0.55% from the last session, before settling in for the closing price of $49.29. Price fluctuations for OXY have ranged from $45.17 to $71.18 over the past 52 weeks.
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A company in the Energy sector has jumped its sales by 14.62% annually for the last half of the decade. Company’s average yearly earnings per share was noted -8.11% at the time writing. 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
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 78.78%. 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 0.89 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -8.11% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 2.76% 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 0.76. 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 10.24.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.84, a number that is poised to hit 0.70 in the next quarter and is forecasted to reach 3.48 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 10.54 million. That was better than the volume of 10.04 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 9.42%. Additionally, its Average True Range was 1.17.
During the past 100 days, Occidental Petroleum Corp’s (OXY) raw stochastic average was set at 38.78%, which indicates a significant increase from 12.81% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.86% in the past 14 days, which was lower than the 24.05% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $49.70, while its 200-day Moving Average is $56.33. However, in the short run, Occidental Petroleum Corp’s stock first resistance to watch stands at $50.04. Second resistance stands at $50.52. The third major resistance level sits at $51.02. If the price goes on to break the first support level at $49.05, it is likely to go to the next support level at $48.55. The third support level lies at $48.07 if the price breaches the second support level.
Occidental Petroleum Corp (NYSE: OXY) Key Stats
There are currently 938,343K shares outstanding in the company with a market cap of 46.50 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 7,173 M and its income totaled 1,133 M.
