Occidental Net Interest Income from 2010 to 2024

OXY Stock  USD 51.54  0.63  1.24%   
Occidental Petroleum Net Interest Income yearly trend continues to be fairly stable with very little volatility. Net Interest Income will likely drop to about -846.3 M in 2024. Net Interest Income is the difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities. View All Fundamentals
 
Net Interest Income  
First Reported
2019-03-31
Previous Quarter
-248 M
Current Value
-218 M
Quarterly Volatility
104 M
 
Covid
Check Occidental Petroleum financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Occidental Petroleum's main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.2 B, Interest Expense of 992.2 M or Total Revenue of 17.8 B, as well as many indicators such as Price To Sales Ratio of 1.38, Dividend Yield of 0.0505 or PTB Ratio of 1.35. Occidental financial statements analysis is a perfect complement when working with Occidental Petroleum Valuation or Volatility modules.
  
Check out the analysis of Occidental Petroleum Correlation against competitors.
For more information on how to buy Occidental Stock please use our How to Invest in Occidental Petroleum guide.

Latest Occidental Petroleum's Net Interest Income Growth Pattern

Below is the plot of the Net Interest Income of Occidental Petroleum over the last few years. It is the difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities. Occidental Petroleum's Net Interest Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Occidental Petroleum's overall financial position and show how it may be relating to other accounts over time.
Net Interest Income10 Years Trend
Slightly volatile
   Net Interest Income   
       Timeline  

Occidental Net Interest Income Regression Statistics

Arithmetic Mean(528,886,667)
Coefficient Of Variation(84.99)
Mean Deviation394,530,667
Median(246,000,000)
Standard Deviation449,524,360
Sample Variance202072.1T
Range1.3B
R-Value(0.77)
Mean Square Error89462.9T
R-Squared0.59
Significance0.0008
Slope(77,136,071)
Total Sum of Squares2829010.1T

Occidental Net Interest Income History

2024-846.3 M
2023-806 M
2022-877 M
2021-1.4 B
2020-1.3 B
2019-849 M
2018-253 M

About Occidental Petroleum Financial Statements

Occidental Petroleum investors use historical fundamental indicators, such as Occidental Petroleum's Net Interest Income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Occidental Petroleum. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Interest Income-806 M-846.3 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Occidental Stock Analysis

When running Occidental Petroleum's price analysis, check to measure Occidental Petroleum's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Occidental Petroleum is operating at the current time. Most of Occidental Petroleum's value examination focuses on studying past and present price action to predict the probability of Occidental Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Occidental Petroleum's price. Additionally, you may evaluate how the addition of Occidental Petroleum to your portfolios can decrease your overall portfolio volatility.