Occidental Petroleum Stock Gross Profit

OXY Stock  USD 54.79  1.35  2.53%   
Occidental Petroleum fundamentals help investors to digest information that contributes to Occidental Petroleum's financial success or failures. It also enables traders to predict the movement of Occidental Stock. The fundamental analysis module provides a way to measure Occidental Petroleum's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Occidental Petroleum stock.
Last ReportedProjected for Next Year
Gross Profit10.1 B6.9 B
Gross Profit Margin 0.36  0.30 
Gross Profit is likely to drop to about 6.9 B in 2024. Gross Profit Margin is likely to drop to 0.30 in 2024.
  
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Occidental Petroleum Company Gross Profit Analysis

Occidental Petroleum's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Gross Profit

 = 

Revenue

-

Cost of Revenue

More About Gross Profit | All Equity Analysis

Current Occidental Petroleum Gross Profit

    
  24.57 B  
Most of Occidental Petroleum's fundamental indicators, such as Gross Profit, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Occidental Petroleum is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Occidental Gross Profit Driver Correlations

Understanding the fundamental principles of building solid financial models for Occidental Petroleum is extremely important. It helps to project a fair market value of Occidental Stock properly, considering its historical fundamentals such as Gross Profit. Since Occidental Petroleum's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Occidental Petroleum's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Occidental Petroleum's interrelated accounts and indicators.
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Occidental Gross Profit Historical Pattern

Today, most investors in Occidental Petroleum Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Occidental Petroleum's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's gross profit growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Occidental Petroleum gross profit as a starting point in their analysis.
   Occidental Petroleum Gross Profit   
       Timeline  
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Competition

According to the company disclosure, Occidental Petroleum reported 24.57 B of gross profit. This is 79.38% lower than that of the Oil, Gas & Consumable Fuels sector and significantly higher than that of the Energy industry. The gross profit for all United States stocks is 10.25% higher than that of the company.

Occidental Gross Profit Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Occidental Petroleum's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Occidental Petroleum could also be used in its relative valuation, which is a method of valuing Occidental Petroleum by comparing valuation metrics of similar companies.
Occidental Petroleum is currently under evaluation in gross profit category among its peers.

Occidental Petroleum ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Occidental Petroleum's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Occidental Petroleum's managers, analysts, and investors.
Environmental
Governance
Social

Occidental Fundamentals

About Occidental Petroleum Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Occidental Petroleum's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Occidental Petroleum using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Occidental Petroleum based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional 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.