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Occidental Petroleum (GB:0KAK)
LSE:0KAK
Occidental Petroleum (0KAK) Share Price & Analysis
4 Followers
0KAK Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$55.13 - $71.17
Previous Close$60.56
Volume21.71K
Average Volume (3M)19.99K
Market Cap
$53.68B
Enterprise Value$73.40B
Total Cash (Recent Filing)$1.27B
Total Debt (Recent Filing)$20.84B
Price to Earnings (P/E)16.6
Beta0.82
Next Earnings
Aug 07, 2024EPS Estimate
$0.78Next Dividend Ex-Date
Sep 10, 2024Dividend Yield1.32%
Share Statistics
EPS (TTM)3.65
Shares Outstanding886,636,750
10 Day Avg. Volume14,779
30 Day Avg. Volume19,986
Standard Deviation0.22
R-Squared0.62
Alpha0.00041
Financial Highlights & Ratios
Price to Book (P/B)2.57
Price to Sales (P/S)2.17
Price to Cash Flow (P/CF)4.30
P/FCF Ratio8.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.48
Enterprise Value/Gross Profit4.16
Enterprise Value/Ebitda6.87
Forecast
1Y Price Target
$71.50Price Target Upside18.06% Upside
Rating ConsensusHold
Number of Analyst Covering14
Occidental Petroleum News
PremiumStock Analysis & Ideas
Warren Buffett Fave Occidental Petroleum Stock (NYSE:OXY) Gets a Trump Boost
PremiumPress Releases
Occidental Announces Dividend
Bulls Say, Bears Say
Bulls Say
DeleveragingThe sale will count towards the $4.5-$6bn asset sale target.
Operational MomentumOXY has been improving both well performance and operating efficiencies in both the Permian and DJ basins.
Production GrowthOccidental is expected to have solid production growth driven by increased activity in the Permian Basin and the closing of the CrownRock deal.
Bears Say
Operating ExpensesDomestic operating expenses of $10.31 per barrel of oil equivalent were preannounced and international operating expenses of $13.72 led to total production and lease operating expenses of approximately $14.11 per barrel of oil equivalent, which was above expectations.
ProductionCrownRock's 2023 production was 147 MBoed, which is lower than OXY's guidance given at the time of the deal announcement of ~170 MBoed.
Shareholder ReturnsThere is a forecast of minimal shareholder return in the coming quarters as the company uses most of its free cash flow to reduce debt.
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Options Prices
Currently, No data available
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Ownership Overview
38.78% Insiders
19.35% Mutual Funds
16.24% Other Institutional Investors
25.63% Public Companies and
Individual Investors
0KAK FAQ
What was Occidental Petroleum’s price range in the past 12 months?
Occidental Petroleum lowest share price was $55.13 and its highest was $71.17 in the past 12 months.
What is Occidental Petroleum’s market cap?
Currently, no data Available
When is Occidental Petroleum’s upcoming earnings report date?
Occidental Petroleum’s upcoming earnings report date is Aug 07, 2024 which is in 11 days.
How were Occidental Petroleum’s earnings last quarter?
Occidental Petroleum released its earnings results on May 07, 2024. The company reported $0.63 earnings per share for the quarter, beating the consensus estimate of $0.577 by $0.053.
Is Occidental Petroleum overvalued?
According to Wall Street analysts Occidental Petroleum’s price is currently Undervalued.
Does Occidental Petroleum pay dividends?
Occidental Petroleum pays a Quarterly dividend of $0.22 which represents an annual dividend yield of 1.32%. See more information on Occidental Petroleum dividends here
What is Occidental Petroleum’s EPS estimate?
Occidental Petroleum’s EPS estimate is $0.78.
How many shares outstanding does Occidental Petroleum have?
Occidental Petroleum has 886,636,800 shares outstanding.
What happened to Occidental Petroleum’s price movement after its last earnings report?
Occidental Petroleum reported an EPS of $0.63 in its last earnings report, beating expectations of $0.577. Following the earnings report the stock price went down -2.575%.
Which hedge fund is a major shareholder of Occidental Petroleum?
Among the largest hedge funds holding Occidental Petroleum’s share is Berkshire Hathaway Inc. It holds Occidental Petroleum’s shares valued at 16B.
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Occidental Petroleum Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$71.50 (18.06% Upside)
$71.50 (18.06% Upside)
Blogger Sentiment
Bullish
GB:0KAK Sentiment 85%
Sector Average 73%
Sector Average 73%
Insider Transactions
Bought Shares
Worth $434.9M over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-2.38%
12-Months-Change
Fundamentals
Return on Equity
13.64%
Trailing 12-Months
Asset Growth
3.74%
Trailing 12-Months
Company Description
Occidental Petroleum
Occidental Petroleum Corp. engages in the exploration and production of oil and natural gas. It operates through the following segments: Oil and Gas, Chemical, and Midstream and Marketing. The Oil and Gas segment explores for, develops and produces oil and condensate, natural gas liquids and natural gas. The Chemical segment manufactures and markets basic chemicals and vinyls. The Midstream and Marketing segment purchases, markets, gathers, processes, transports and stores oil, condensate, natural gas liquids, natural gas, carbon dioxide, and power. The company was founded in 1920 and is headquartered in Houston, TX.
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0KAK Company Deck
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0KAK Earnings Call
Q1 2024
0:00 / 0:00
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0KAK Stock 12 Month Forecast
Average Price Target
$71.50
▲(18.06% Upside)
Technical Analysis
Best Analysts Covering 0KAK
1 Year
1 Year Success Rate
14/19 ratings generated profit
1 Year Average Return
+27.46%
reiterated a buy rating 6 months ago
Copying John Freeman's trades and holding each position for 1 Year would result in 73.68% of your transactions generating a profit, with an average return of +27.46% per trade.
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