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Occidental Petroleum Stock

Occidental Petroleum P/E 2024

Occidental Petroleum P/E

17.98

Ticker

OXY

ISIN

US6745991058

WKN

851921

As of Dec 21, 2024, Occidental Petroleum's P/E ratio was 17.98, a 21.49% change from the 14.8 P/E ratio recorded in the previous year.

The Occidental Petroleum P/E history

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.

P/E Details

Deciphering Occidental Petroleum's P/E Ratio

The Price to Earnings (P/E) Ratio of Occidental Petroleum is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Occidental Petroleum's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Occidental Petroleum is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Occidental Petroleum’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Occidental Petroleum stock

What is the price-to-earnings ratio of Occidental Petroleum?

The price-earnings ratio of Occidental Petroleum is currently 17.98.

How has the price-earnings ratio of Occidental Petroleum changed compared to last year?

The price-to-earnings ratio of Occidental Petroleum has increased by 21.49% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Occidental Petroleum high compared to other companies?

Yes, the price-to-earnings ratio of Occidental Petroleum is high compared to other companies.

How does an increase in the price-earnings ratio of Occidental Petroleum affect the company?

An increase in the price-earnings ratio of Occidental Petroleum would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Occidental Petroleum affect the company?

A decrease in the price-earnings ratio of Occidental Petroleum would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Occidental Petroleum?

Some factors that influence the price-earnings ratio of Occidental Petroleum are the company's growth, financial position, industry development, and the overall economic situation.

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 1.53 %. 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 1.53 %.

When does Occidental Petroleum pay dividends?

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

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 2.09 %.

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 1/15/2025 amounting to 0.22 USD, you needed to have the stock in your portfolio before the ex-date on 12/10/2024.

When did Occidental Petroleum pay the last dividend?

The last dividend was paid out on 1/15/2025.

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.