Occidental Petroleum Stock Price on September 30, 2024
| OXY Stock | USD 51.54 0.63 1.24% |
Below is the normalized historical share price chart for Occidental Petroleum extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Occidental Petroleum stands at 51.54, as last reported on the 22nd of November, with the highest price reaching 51.81 and the lowest price hitting 50.89 during the day.
If you're considering investing in Occidental Stock, it is important to understand the factors that can impact its price. Occidental Petroleum maintains Sharpe Ratio (i.e., Efficiency) of -0.1, which implies the firm had a -0.1% return per unit of risk over the last 3 months. Occidental Petroleum exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Occidental Petroleum's Variance of 2.11, coefficient of variation of (1,102), and Risk Adjusted Performance of (0.06) to confirm the risk estimate we provide.
At this time, Occidental Petroleum's Other Stockholder Equity is fairly stable compared to the past year. Preferred Stock Total Equity is likely to rise to about 11.8 B in 2024, whereas Total Stockholder Equity is likely to drop slightly above 17.6 B in 2024. . At this time, Occidental Petroleum's Price Earnings Ratio is fairly stable compared to the past year. Price To Free Cash Flows Ratio is likely to rise to 10.52 in 2024, whereas Price To Sales Ratio is likely to drop 1.38 in 2024. Occidental Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 31st of December 1981 | 200 Day MA 59.0576 | 50 Day MA 51.7572 | Beta 1.608 |
Occidental |
Sharpe Ratio = -0.1037
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Estimated Market Risk
| 1.47 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Occidental Petroleum is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Occidental Petroleum by adding Occidental Petroleum to a well-diversified portfolio.
Price Book 1.7958 | Enterprise Value Ebitda 5.8218 | Price Sales 1.7604 | Shares Float 935.2 M | Dividend Share 0.84 |
Occidental Petroleum Valuation on September 30, 2024
It is possible to determine the worth of Occidental Petroleum on a given historical date. On September 30, 2024 Occidental was worth 51.16 at the beginning of the trading date compared to the closed value of 51.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Occidental Petroleum stock. Still, in general, we apply an absolute valuation method to find Occidental Petroleum's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Occidental Petroleum where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Occidental Petroleum's related companies.
| Open | High | Low | Close | Volume | |
| 50.13 | 51.16 | 50.05 | 51.03 | 15,688,619 | |
09/30/2024 | 51.16 | 52.06 | 50.35 | 51.54 | 20,312,697 |
| 51.23 | 53.77 | 50.93 | 53.25 | 27,818,243 |
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Occidental Petroleum Trading Date Momentum on September 30, 2024
| On October 01 2024 Occidental Petroleum was traded for 53.25 at the closing time. Highest Occidental Petroleum's price during the trading hours was 53.77 and the lowest price during the day was 50.93 . The net volume was 27.8 M. The overall trading history on the 1st of October contributed to the next trading period price jump. The trading delta at closing time to the next next day price was 3.32% . The trading delta at closing time to current price is 5.43% . |
Occidental Petroleum Fundamentals Correlations and Trends
By evaluating Occidental Petroleum's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Occidental Petroleum's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Occidental financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Occidental Petroleum Stock history
Occidental Petroleum investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Occidental is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Occidental Petroleum will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Occidental Petroleum stock prices may prove useful in developing a viable investing in Occidental Petroleum
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 960.9 M | 792.9 M | |
| Net Income Applicable To Common Shares | 11.3 B | 11.8 B |
Occidental Petroleum Stock Technical Analysis
Occidental Petroleum technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Occidental Petroleum Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Occidental Petroleum cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Occidental Petroleum November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Occidental Petroleum stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Occidental Petroleum shares will generate the highest return on investment. By undertsting and applying Occidental Petroleum stock market strength indicators, traders can identify Occidental Petroleum entry and exit signals to maximize returns
Occidental Petroleum Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Occidental Petroleum's price direction in advance. Along with the technical and fundamental analysis of Occidental Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Occidental to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.31) | |||
| Treynor Ratio | (0.25) |
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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.