Occidental Petroleum OXY
$
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Occidental Petroleum (OXY) Business Model and Operations Summary
Occidental Petroleum is an independent exploration and production company with operations in the United States, Latin America, and the Middle East. At the end of 2023, the company reported net proved reserves of nearly 4 billion barrels of oil equivalent. Net production averaged 1,327 thousand barrels of oil equivalent per day in 2024 at a ratio of roughly 50% oil and natural gas liquids and 50% natural gas.
Key Insights
Occidental Petroleum (OXY) Core Market Data and Business Metrics
Latest Closing Price
$49.19Market Cap
$46.13 BillionAverage Daily Trade Volume
11,312,671 SharesPrice-Earnings Ratio
20.16Total Outstanding Shares
939.78 Million SharesCEO
Ms. Vicki A. HollubTotal Employees
13,323Dividend
$0.24 Per Share QuarterlyIPO Date
May 22, 1986SIC Description
Crude Petroleum & Natural GasPrimary Exchange
New York Stock ExchangeHeadquarters
5 Greenway Plaza, Houston, TX, 77046
Historical Stock Splits
If you bought 1 share of OXY before August 16, 2006, you'd have 2 shares today.
Execution Date | Split Amount |
---|---|
August 16, 2006 | 2-for-1 |
Cash Flow Statement
January 1, 2024 to December 31, 2024
Metric | Value |
---|---|
Net Cash Flow, Continuing | $993 Million |
Net Cash Flow From Investing Activities, Continuing | $-14.59 Billion |
Net Cash Flow | $693 Million |
Net Cash Flow From Operating Activities, Continuing | $11.74 Billion |
Net Cash Flow From Financing Activities, Continuing | $3.84 Billion |
Net Cash Flow From Operating Activities, Discontinued | $-300 Million |
Income Statement
January 1, 2024 to December 31, 2024
Metric | Value |
---|---|
Income/Loss From Discontinued Operations Net Of Tax | $182 Million |
Participating Securities, Distributed And Undistributed Earnings/Loss, Basic | $692 Million |
Net Income/Loss | $3.08 Billion |
Income Tax Expense/Benefit | $1.17 Billion |
Costs And Expenses | $22.66 Billion |
Income Tax Expense/Benefit, Current | $1.64 Billion |
Comprehensive Income
January 1, 2024 to December 31, 2024
Metric | Value |
---|---|
Comprehensive Income/Loss Attributable To Parent | $2.96 Billion |
Comprehensive Income/Loss | $2.98 Billion |
Other Comprehensive Income/Loss Attributable To Parent | $-96 Million |
Comprehensive Income/Loss Attributable To Noncontrolling Interest | $22 Million |
Other Comprehensive Income/Loss | $-96 Million |
Balance Sheet
January 1, 2024 to December 31, 2024
Metric | Value |
---|---|
Equity Attributable To Parent | $34.16 Billion |
Current Liabilities | $9.52 Billion |
Long-term Debt | $25.32 Billion |
Other Current Liabilities | $5.07 Billion |
Liabilities | $50.97 Billion |
Liabilities And Equity | $85.44 Billion |
Historical Dividends
Current dividend: $0.24 Per Share Quarterly
Announcement Date | Payment Date | Record Date | Amount | Frequency |
---|---|---|---|---|
Feb 18, 2025 | Apr 15, 2025 | Mar 10, 2025 | $0.24 | Quarterly |
Nov 6, 2024 | Jan 15, 2025 | Dec 10, 2024 | $0.22 | Quarterly |
Jul 25, 2024 | Oct 15, 2024 | Sep 10, 2024 | $0.22 | Quarterly |
May 1, 2024 | Jul 15, 2024 | Jun 10, 2024 | $0.22 | Quarterly |
Feb 8, 2024 | Apr 15, 2024 | Mar 8, 2024 | $0.22 | Quarterly |
Oct 31, 2023 | Jan 16, 2024 | Dec 8, 2023 | $0.18 | Quarterly |
OXY Articles From Financhle
Recent analysis, market insights, and in-depth coverage of OXY from analysts at Financhle
- Warren Buffett Doubles Down: Inside Berkshire's Growing Stakes in SiriusXM and Occidental PetroleumExplore Warren Buffett's recent 9-figure purchases in SiriusXM and Occidental Petroleum. A deep dive into Berkshire Hathaway's strategies, cash reserves, and the intriguing long-term outlook of these bold moves.December 20, 2024