Occidental Petroleum Corp (OXY) Is Not Likely To Be The Same Tomorrow

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility.

Stocks Info

Occidental Petroleum Corp is listed on the NYSE in the Energy sector while operating in the Oil & Gas E&P industry. The current market capitalization of Occidental Petroleum Corp is $48.31B. A total of 10.19 million shares were traded on the day, compared to an average of 11.48M shares.

In the most recent transaction, BERKSHIRE HATHAWAY INC bought 3,614,015 shares of OXY for 45.60 per share on Dec 19 ’24. After the transaction, the 10% Owner now owns 264,178,414 company shares. In a previous transaction on Dec 18 ’24, BERKSHIRE HATHAWAY INC bought 2,805,513 shares at 46.26 per share. OXY shares that 10% Owner owns now total 260,564,399.

Among the insiders who bought shares, BERKSHIRE HATHAWAY INC acquired of 2,477,362 shares on Dec 17 ’24 at a per-share price of $46.25. This resulted in the 10% Owner holding 257,758,886 shares of OXY after the transaction. In another insider transaction, OCCIDENTAL PETROLEUM CORP /DE/ sold 19,500,000 shares at $35.75 per share on Aug 14 ’24. Company shares held by the 10% Owner now total 165,681,578.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Occidental Petroleum Corp pays an annual dividend of $0.88, resulting in a dividend yield of 1.73%, and it has a price to earnings (P/E) ratio of 13.22. OXY’s most recent ex-dividend date was 1.71% when it declared a $0.22 quarterly dividend that was paid in cash on 12/10/2024. Previously, the company paid the dividend on 9/10/2024 with an ex-dividend date of 1.5%. The OXY stock dividend was $0.22 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, OXY has a high of $71.18 and a low of $45.17.

As of this writing, OXY has an earnings estimate of $0.74 per share for the current quarter. EPS was calculated based on a consensus of 18.0 estimates, with a high estimate of $1.4 per share and a lower estimate of $0.47.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on 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

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. 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 3.44.

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