A new trading day began on Tuesday, with Occidental Petroleum Corp (NYSE: OXY) stock price up 2.27% from the previous day of trading, before settling in for the closing price of $47.92. OXY’s price has ranged from $44.70 to $71.18 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Energy Sector giant saw their annual sales surged by 10.82% over the last five years. Meanwhile, its annual earnings per share averaged -3.17%. With a float of $935.77 million, this company’s outstanding shares have now reached $938.46 million.
The firm has a total of 13323 workers. Let’s measure their productivity. In terms of profitability, gross margin is 35.73%, operating margin of 14.06%, and the pretax margin is 14.61%.
Occidental Petroleum Corp (OXY) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas E&P Industry. The insider ownership of Occidental Petroleum Corp is 0.43%, while institutional ownership is 77.21%. The most recent insider transaction that took place on Feb 07 ’25, was worth 35,724,074. In this transaction 10% Owner of this company bought 763,017 shares at a rate of $46.82, taking the stock ownership to the 264,941,431 shares. Before that another transaction happened on Dec 19 ’24, when Company’s 10% Owner bought 3,614,015 for $45.60, making the entire transaction worth $164,787,626. This insider now owns 264,178,414 shares in total.
Occidental Petroleum Corp (OXY) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.84 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -3.17% per share during the next fiscal year.
Occidental Petroleum Corp (NYSE: OXY) Trading Performance Indicators
Here are Occidental Petroleum Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.73. 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 10.42.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.45, a number that is poised to hit 0.70 in the next quarter and is forecasted to reach 4.06 in one year’s time.
Technical Analysis of Occidental Petroleum Corp (OXY)
Analysing the last 5-days average volume posted by the [Occidental Petroleum Corp, OXY], we can find that recorded value of 12.69 million was better than the volume posted last year of 11.4 million. As of the previous 9 days, the stock’s Stochastic %D was 86.92%. Additionally, its Average True Range was 1.27.
During the past 100 days, Occidental Petroleum Corp’s (OXY) raw stochastic average was set at 50.71%, which indicates a significant decrease from 93.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.50% in the past 14 days, which was lower than the 26.16% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $48.54, while its 200-day Moving Average is $52.98. Now, the first resistance to watch is $49.44. This is followed by the second major resistance level at $49.88. The third major resistance level sits at $50.46. If the price goes on to break the first support level at $48.42, it is likely to go to the next support level at $47.84. Should the price break the second support level, the third support level stands at $47.40.
Occidental Petroleum Corp (NYSE: OXY) Key Stats
With a market capitalization of 46.06 billion, the company has a total of 939,783K Shares Outstanding. Currently, annual sales are 26,725 M while annual income is 3,056 M. The company’s previous quarter sales were 6,760 M while its latest quarter income was -127,000 K.