Occidental Petroleum ROE 2024

Occidental Petroleum ROE

0.12

Occidental Petroleum Dividend yield

1.09 %

Ticker

OXY

ISIN

US6745991058

WKN

851921

In 2024, Occidental Petroleum's return on equity (ROE) was 0.12, a -69.99% increase from the 0.42 ROE 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.

ROE Details

Decoding Occidental Petroleum's Return on Equity (ROE)

Occidental Petroleum's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Occidental Petroleum's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Occidental Petroleum's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Occidental Petroleum’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Occidental Petroleum Stock

What is the ROE (Return on Equity) of Occidental Petroleum this year?

The ROE of Occidental Petroleum this year is 0.12 undefined.

How has the Return on Equity (ROE) of Occidental Petroleum developed compared to the previous year?

The ROE of Occidental Petroleum has increased by -69.99% decreased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Occidental Petroleum?

A high ROE indicates that Occidental Petroleum generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Occidental Petroleum?

A low ROE can indicate that Occidental Petroleum is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Occidental Petroleum affect the company?

A change in ROE (Return on Equity) of Occidental Petroleum can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Occidental Petroleum?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Occidental Petroleum?

Some factors that can influence Occidental Petroleum's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

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 1.09 %. 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 1.09 %.

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 1.49 %.

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.