Occidental Petroleum (Brazil) Today

OXYP34 Stock  BRL 54.25  1.15  2.17%   

Performance

9 of 100

 
Low
 
High
OK

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
Occidental Petroleum is trading at 54.25 as of the 29th of March 2024, a 2.17 percent increase since the beginning of the trading day. The stock's open price was 53.1. Occidental Petroleum has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Occidental Petroleum are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of May 2022 and ending today, the 29th of March 2024. Click here to learn more.
Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States, the Middle East, Africa, and Latin America. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas. The company has 5.45 B outstanding shares. More on Occidental Petroleum

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Follow Valuation Odds of Bankruptcy
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Occidental Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Occidental Petroleum's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Occidental Petroleum or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOVicki Hollub
Business ConcentrationOil & Gas E&P, Energy (View all Sectors)
Occidental Petroleum (OXYP34) is traded on Sao Paulo Exchange in Brazil and employs 11,678 people. The company currently falls under 'Mega-Cap' category with a current market capitalization of 307.27 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Occidental Petroleum's market, we take the total number of its shares issued and multiply it by Occidental Petroleum's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Occidental Petroleum operates under Energy sector and is part of Oil & Gas E&P industry. The entity has 5.45 B outstanding shares. Occidental Petroleum has accumulated about 4.57 B in cash with 10.43 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.45.
Check Occidental Petroleum Probability Of Bankruptcy

Occidental Stock Price Odds Analysis

What are Occidental Petroleum's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Occidental Petroleum jumping above the current price in 90 days from now is about 1.06%. The Occidental Petroleum probability density function shows the probability of Occidental Petroleum stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Occidental Petroleum has a beta of 0.2403. This indicates as returns on the market go up, Occidental Petroleum average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Occidental Petroleum will be expected to be much smaller as well. Additionally, occidental Petroleum has an alpha of 0.1276, implying that it can generate a 0.13 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 54.25HorizonTargetOdds Above 54.25
98.92%90 days
 54.25 
1.06%
Based on a normal probability distribution, the odds of Occidental Petroleum to move above the current price in 90 days from now is about 1.06 (This Occidental Petroleum probability density function shows the probability of Occidental Stock to fall within a particular range of prices over 90 days) .

Occidental Petroleum Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Occidental Petroleum market risk premium is the additional return an investor will receive from holding Occidental Petroleum long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Occidental Petroleum. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Occidental Petroleum's alpha and beta are two of the key measurements used to evaluate Occidental Petroleum's performance over the market, the standard measures of volatility play an important role as well.

Occidental Stock Against Markets

Picking the right benchmark for Occidental Petroleum stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Occidental Petroleum stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Occidental Petroleum is critical whether you are bullish or bearish towards Occidental Petroleum at a given time. Please also check how Occidental Petroleum's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Occidental Petroleum without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Occidental Petroleum Corporate Management

Elected by the shareholders, the Occidental Petroleum's board of directors comprises two types of representatives: Occidental Petroleum inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Occidental. The board's role is to monitor Occidental Petroleum's management team and ensure that shareholders' interests are well served. Occidental Petroleum's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Occidental Petroleum's outside directors are responsible for providing unbiased perspectives on the board's policies.
William KlesseIndependent DirectorProfile
Jeff AlvarezVP RelationsProfile
Jennifer KirkSenior Vice President - IntegrationProfile
Avedick PoladianIndependent DirectorProfile
Carlos GutierrezIndependent DirectorProfile
Melissa SchoebVP AffairsProfile

How to buy Occidental Stock?

Before investing in Occidental Petroleum, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Occidental Petroleum. To buy Occidental Petroleum stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Occidental Petroleum. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Occidental Petroleum stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Occidental Petroleum stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Occidental Petroleum stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Occidental Petroleum, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Occidental Stock please use our How to Invest in Occidental Petroleum guide.

Already Invested in Occidental Petroleum?

The danger of trading Occidental Petroleum is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Occidental Petroleum is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Occidental Petroleum. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Occidental Petroleum is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Occidental Petroleum offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Occidental Petroleum's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Occidental Petroleum Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Occidental Petroleum Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Occidental Petroleum. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Occidental Stock refer to our How to Trade Occidental Stock guide.
Note that the Occidental Petroleum information on this page should be used as a complementary analysis to other Occidental Petroleum's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

Complementary Tools for Occidental Stock analysis

When running Occidental Petroleum's price analysis, check to measure Occidental Petroleum's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Occidental Petroleum is operating at the current time. Most of Occidental Petroleum's value examination focuses on studying past and present price action to predict the probability of Occidental Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Occidental Petroleum's price. Additionally, you may evaluate how the addition of Occidental Petroleum to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Occidental Petroleum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Occidental Petroleum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Occidental Petroleum's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.