RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE

Occidental Petroleum ROA 2024

Occidental Petroleum ROA

0.05

Occidental Petroleum Dividend yield

1.07 %

Ticker

OXY

ISIN

US6745991058

WKN

851921

In 2024, Occidental Petroleum's return on assets (ROA) was 0.05, a -70.4% increase from the 0.17 ROA in the previous year.

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.

ROA Details

Understanding Occidental Petroleum's Return on Assets (ROA)

Occidental Petroleum's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Occidental Petroleum's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Occidental Petroleum's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Occidental Petroleum’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Occidental Petroleum Stock

What is the Return on Assets (ROA) of Occidental Petroleum this year?

The Return on Assets (ROA) of Occidental Petroleum is 0.05 undefined this year.

What was the ROA of Occidental Petroleum compared to the previous year?

The ROA of Occidental Petroleum has increased by -70.4% compared to the previous year.

What consequences do high ROA have for investors of Occidental Petroleum?

A high ROA is advantageous for investors of Occidental Petroleum, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Occidental Petroleum?

A low ROA can be unfavorable for investors of Occidental Petroleum as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Occidental Petroleum affect the company?

An increase in ROA of Occidental Petroleum can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Occidental Petroleum impact the company?

A reduction in the ROA of Occidental Petroleum can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Occidental Petroleum?

Some factors that can influence the ROA of Occidental Petroleum include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Occidental Petroleum important for investors?

The ROA of Occidental Petroleum is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Occidental Petroleum take to improve ROA?

To improve ROA, Occidental Petroleum can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does Occidental Petroleum pay?

Over the past 12 months, Occidental Petroleum paid a dividend of 0.72 USD . This corresponds to a dividend yield of about 1.07 %. 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 1.07 %.

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 1.46 %.

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.