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Occidental Petroleum P/S 2024

Occidental Petroleum P/S

2.14

Occidental Petroleum Dividend yield

Ticker

OXY

ISIN

US6745991058

WKN

851921

As of Apr 27, 2024, Occidental Petroleum's P/S ratio stood at 2.14, a 8.08% change from the 1.98 P/S ratio recorded in the previous year.

The Occidental Petroleum P/S 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/S Details

Decoding Occidental Petroleum's P/S Ratio

Occidental Petroleum's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Occidental Petroleum's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Occidental Petroleum's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Occidental Petroleum’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

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 2.14.

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 8.08% 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 . 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.