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Occidental Petroleum EBIT 2024

Occidental Petroleum EBIT

6.77 B USD

Occidental Petroleum Dividend yield

Ticker

OXY

ISIN

US6745991058

WKN

851921

In 2024, Occidental Petroleum's EBIT was 6.77 B USD, a 5.57% increase from the 6.41 B USD EBIT recorded in the previous year.

The Occidental Petroleum EBIT history

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Occidental Petroleum Aktienanalyse

What does Occidental Petroleum do?

Occidental Petroleum Corp is one of the oldest and largest independent oil and gas companies in the USA. Founded in 1920 by Armand Hammer, the company has evolved into a global energy provider. Occidental Petroleum ist eines der beliebtesten Unternehmen auf Eulerpool.com.

EBIT Details

Analyzing Occidental Petroleum's EBIT

Occidental Petroleum's Earnings Before Interest and Taxes (EBIT) represents the company's operating profit. It is calculated by deducting all operating expenses, including the cost of goods sold (COGS) and operating expenses, from the total revenue, but before accounting for interest and taxes. It provides insights into the company’s operational profitability, excluding the impacts of financing and tax structures.

Year-to-Year Comparison

A yearly comparison of Occidental Petroleum's EBIT can reveal trends in the company’s operational efficiency and profitability. An increase in EBIT over the years can indicate enhanced operational efficiency or growth in revenue, while a decrease might raise concerns about increased operating costs or declining sales.

Impact on Investments

Occidental Petroleum's EBIT is a significant metric for investors. A positive EBIT suggests that the company is generating enough revenue to cover its operating expenses, an essential aspect for assessing the company’s financial health and stability. Investors closely monitor EBIT to gauge the company’s profitability and potential for future growth.

Interpreting EBIT Fluctuations

Fluctuations in Occidental Petroleum’s EBIT can be due to variations in revenue, operating expenses, or both. An increasing EBIT indicates improved operational performance or increased sales, while a declining EBIT can signal rising operational costs or reduced revenue, prompting a need for strategic adjustments.

Frequently Asked Questions about Occidental Petroleum Stock

How much did Occidental Petroleum achieve in EBIT for the current year?

In the current year, Occidental Petroleum has achieved an EBIT of 6.77 B USD.

What is EBIT?

EBIT stands for Earnings Before Interest and Taxes and refers to the profit before interest and taxes of a company Occidental Petroleum.

How has the EBIT of Occidental Petroleum developed in recent years?

The EBIT of Occidental Petroleum has increased by 5.566% increased compared to the previous year.

What does EBIT mean for investors?

EBIT provides investors with insights into a company's profitability as it reflects the profit before interest expenses and taxes.

Why is EBIT an important indicator for investors?

Since EBIT provides a more direct insight into a company's profit than net income, it is an important indicator for investors to assess the profitability of a company.

Why do EBIT values fluctuate?

EBIT values can fluctuate as they are influenced by various factors, such as revenue, costs, and tax effects.

What role does tax burden play in EBIT?

Tax burdens have a direct impact on a company's EBIT, as they are deducted from the profit.

How is EBIT presented in the balance sheet of the company Occidental Petroleum?

The EBIT of Occidental Petroleum is listed in the income statement.

Can EBIT be used as a single indicator for evaluating a company?

EBIT is an important indicator for evaluating a company, but additional financial ratios should also be considered to get a comprehensive picture.

Why is EBIT not equal to net profit?

The net profit of a company includes taxes and interest, while EBIT represents the profit before interest and taxes.

How much dividend does Occidental Petroleum pay?

Over the past 12 months, Occidental Petroleum paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Occidental Petroleum is expected to pay a dividend of 0.98 USD.

What is the dividend yield of Occidental Petroleum?

The current dividend yield of Occidental Petroleum is .

When does Occidental Petroleum pay dividends?

Occidental Petroleum pays a quarterly dividend. This is distributed in the months of July, October, January, April.

How secure is the dividend of Occidental Petroleum?

Occidental Petroleum paid dividends every year for the past 23 years.

What is the dividend of Occidental Petroleum?

For the upcoming 12 months, dividends amounting to 0.98 USD are expected. This corresponds to a dividend yield of 1.45 %.

In which sector is Occidental Petroleum located?

Occidental Petroleum is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Occidental Petroleum kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Occidental Petroleum from 4/15/2024 amounting to 0.22 USD, you needed to have the stock in your portfolio before the ex-date on 3/7/2024.

When did Occidental Petroleum pay the last dividend?

The last dividend was paid out on 4/15/2024.

What was the dividend of Occidental Petroleum in the year 2023?

In the year 2023, Occidental Petroleum distributed 0.52 USD as dividends.

In which currency does Occidental Petroleum pay out the dividend?

The dividends of Occidental Petroleum are distributed in USD.

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Andere Kennzahlen von Occidental Petroleum

Our stock analysis for Occidental Petroleum Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Occidental Petroleum Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.