Occidental Petroleum ROCE 2024

Occidental Petroleum ROCE

0.21

Occidental Petroleum Dividend yield

1.06 %

Ticker

OXY

ISIN

US6745991058

WKN

851921

In 2024, Occidental Petroleum's return on capital employed (ROCE) was 0.21, a -53.84% increase from the 0.46 ROCE 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.

ROCE Details

Unraveling Occidental Petroleum's Return on Capital Employed (ROCE)

Occidental Petroleum's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Occidental Petroleum's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Occidental Petroleum's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Occidental Petroleum’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Occidental Petroleum Stock

What is the ROCE (Return on Capital Employed) of Occidental Petroleum this year?

The ROCE of Occidental Petroleum is 0.21 undefined this year.

How has the ROCE (Return on Capital Employed) of Occidental Petroleum developed compared to the previous year?

The ROCE of Occidental Petroleum has increased by -53.84% decreased compared to the previous year.

What does a high ROCE (Return on Capital Employed) mean for investors of Occidental Petroleum?

A high Return on Capital Employed (ROCE) indicates that Occidental Petroleum has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.

What does a low ROCE (Return on Capital Employed) mean for investors of Occidental Petroleum?

A low ROCE (Return on Capital Employed) can indicate that Occidental Petroleum has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.

How does an increase in ROCE from Occidental Petroleum impact the company?

An increase in the ROCE of Occidental Petroleum can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.

How does a reduction in the ROCE of Occidental Petroleum affect the company?

A decrease in ROCE of Occidental Petroleum can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.

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

Some factors that can affect Occidental Petroleum's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.

Why is the ROCE of Occidental Petroleum so important for investors?

The ROCE of Occidental Petroleum is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.

What strategic measures can Occidental Petroleum take to improve the ROCE?

To improve the ROCE, Occidental Petroleum can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.

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 1.06 %. 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 1.06 %.

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.