Occidental Petroleum Corp (NYSE:OXY) shares, rose in value, with the stock price down by -0.76% to the previous day’s close as strong demand from buyers drove the stock to $49.13.
Actively observing the price movement in the recent trading, the stock is buoying the session at $49.51, falling within a range of $48.66 and $49.49. The value of beta (5-year monthly) is 1.539 whereas the PE ratio is 20.06 over 12-month period. Referring to stock’s 52-week performance, its high was $71.18, and the low was $44.70. On the whole, OXY has fluctuated by 1.00% over the past month.
With the market capitalization of Occidental Petroleum Corp currently standing at about $46.18 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-17. The company’s Forward Dividend Ratio is 0.90, with its dividend yield at 1.83%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 28.18B, with a low estimate of 6.69B and a high estimate of 7.2B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 6.97B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that OXY’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 3.69, with the price of OXY currently trading nearly 3.74% and 1.61% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 56.98, while the 7-day volatility ratio is showing 2.05% which for the 30-day chart, stands at 2.78%. Furthermore, Occidental Petroleum Corp (OXY)’s beta value is 1.04, and its average true range (ATR) is 1.24.
A comparison of Occidental Petroleum Corp (OXY) with its peers suggests the former has fared considerably weaker in the market. OXY showed an intraday change of -0.76% in today’s session so far, and over the past year, it shrunk by -22.40%%.
Data on historical trading for Occidental Petroleum Corp (NYSE:OXY) indicates that the trading volumes over the past 10 days have averaged 11.68 and over the past 3 months, they’ve averaged 11.35 million. According to company’s latest data on outstanding shares, there are 938.46 million shares outstanding.
Nearly 0.43% of Occidental Petroleum Corp’s shares belong to company insiders and institutional investors own 77.21% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 44.0 million shares as on 2025-03-14, resulting in a short ratio of 3.25. According to the data, the short interest in Occidental Petroleum Corp (OXY) stood at 748.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 38.13 million. The stock has fallen by -0.56% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the OXY stock heading into the next quarter.
