Occidental Petroleum Corp (NYSE: OXY) on Monday, plunged -3.68%% from the previous trading day, before settling in for the closing price of $45.63. Within the past 52 weeks, OXY’s price has moved between $34.78 and $64.75.
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The company achieved an average annual earnings per share of -26.42%. With a float of $980.41 million, this company’s outstanding shares have now reached $984.13 million.
Let’s look at the performance matrix of the company that is accounted for 13323 employees. In terms of profitability, gross margin is 36.87%, operating margin of 19.64%, and the pretax margin is 15.34%.
Occidental Petroleum Corp (OXY) Insider Updates
Observing investor behavior towards Oil & Gas E&P industry stocks is more important than anything else. The insider ownership of Occidental Petroleum Corp is 0.38%, while institutional ownership is 76.11%. 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) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -26.42% per share during the next fiscal year.
Occidental Petroleum Corp (NYSE: OXY) Trading Performance Indicators
Occidental Petroleum Corp (OXY) is currently performing well based on its current performance indicators. A quick ratio of 0.79 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.56. Likewise, its price to free cash flow for the trailing twelve months is 9.75.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.47, a number that is poised to hit 0.38 in the next quarter and is forecasted to reach 3.29 in one year’s time.
Technical Analysis of Occidental Petroleum Corp (OXY)
Occidental Petroleum Corp (NYSE: OXY) saw its 5-day average volume 20.59 million, a positive change from its year-to-date volume of 12.27 million. As of the previous 9 days, the stock’s Stochastic %D was 52.02%.
During the past 100 days, Occidental Petroleum Corp’s (OXY) raw stochastic average was set at 51.50%, which indicates a significant increase from 46.94% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.82% in the past 14 days, which was lower than the 46.16% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $41.61, while its 200-day Moving Average is $47.62. Nevertheless, the first resistance level for the watch stands at $46.32 in the near term. At $48.69, the stock is likely to face the second major resistance level. The third major resistance level sits at $50.05. If the price goes on to break the first support level at $42.59, it is likely to go to the next support level at $41.23. Assuming the price breaks the second support level, the third support level stands at $38.86.
Occidental Petroleum Corp (NYSE: OXY) Key Stats
Market capitalization of the company is 43.25 billion based on 984,133K outstanding shares. Right now, sales total 26,725 M and income totals 3,056 M. The company made 6,803 M in profit during its latest quarter, and 936,000 K in sales during its previous quarter.
