Value Investing Philosophy And Occidental Petroleum Corp (NYSE: OXY)?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

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Stocks Info

OXY belongs to the Energy sector of the NYSE while operating in the Oil & Gas E&P industry. The current market capitalization of Occidental Petroleum Corp is $45.89B. A total of 13.26 million shares were traded on the day, compared to an average of 12.34M shares.

In the most recent transaction, OCCIDENTAL PETROLEUM CORP /DE/ sold 19,500,000 shares of OXY for 35.75 per share on Aug 14 ’24. After the transaction, the 10% Owner now owns 165,681,578 company shares. In a previous transaction on Aug 14 ’24, OCCIDENTAL PETROLEUM CORP /DE/ sold 19,500,000 shares at 35.75 per share. OXY shares that 10% Owner owns now total 165,681,578.

Among the insiders who bought shares, BERKSHIRE HATHAWAY INC acquired of 1,552,497 shares on Jun 13 ’24 at a per-share price of $59.77. This resulted in the 10% Owner holding 253,886,410 shares of OXY after the transaction. In another insider transaction, BERKSHIRE HATHAWAY INC bought 1,060,653 shares at $59.59 per share on Jun 14 ’24. Company shares held by the 10% Owner now total 254,947,063.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Occidental Petroleum Corp pays an annual dividend of $0.84, resulting in a dividend yield of 1.66%, and it has a price to earnings (P/E) ratio of 13.20. OXY’s most recent ex-dividend date was 12/10/2024 when it declared a $0.22 quarterly dividend that was paid in cash on 1/15/2025. Previously, the company paid the dividend on 10/15/2024 with an ex-dividend date of 9/10/2024. The OXY stock dividend was $0.22 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, OXY has a high of $71.18 and a low of $48.42.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. OXY’s latest balance sheet shows that the firm has $2.76B in Cash & Short Term Investments as of fiscal 2021. There were $30.39B in debt and $8.32B in liabilities at the time. Its Book Value Per Share was $28.13, while its Total Shareholder’s Equity was $20.33B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for OXY is Buy with a score of 3.46.

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