Colorado investigates reports of falsified data on cleanup of about 350 oil, gas sites
OXY Stock | USD 50.32 0.47 0.94% |
Slightly above 68 percent of all Occidental Petroleum's investors are curious in acquiring. The analysis of overall sentiment of trading Occidental Petroleum stock suggests that a large number of investors are confidant at this time. Occidental Petroleum's investing sentiment can be driven by a variety of factors including economic data, Occidental Petroleum's earnings reports, geopolitical events, and overall market trends.
Occidental |
State oil and gas regulators are investigating reports that environmental consultants falsified results of tests on soil, groundwater and contamination at about 350 locations in Weld County between 2021 and this summer.
Read at phys.org
Occidental Petroleum Current Investor Sentiment
Panic Vs Confidence
68
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Occidental Petroleum's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Occidental Petroleum.
News SentimentBullish | Hype SentimentNeutral | Insider SentimentAcquiring |
Occidental Petroleum Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Occidental Petroleum can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Occidental Petroleum Historical Investor Sentiment
Investor biases related to Occidental Petroleum's public news can be used to forecast risks associated with an investment in Occidental. The trend in average sentiment can be used to explain how an investor holding Occidental can time the market purely based on public headlines and social activities around Occidental Petroleum. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Occidental Petroleum's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Occidental Petroleum and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Occidental Petroleum news discussions. The higher the estimate score, the more favorable the investor's outlook on Occidental Petroleum.
Occidental Petroleum Fundamental Analysis
We analyze Occidental Petroleum's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Occidental Petroleum using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Occidental Petroleum based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Shares Outstanding
Shares Outstanding Comparative Analysis
Occidental Petroleum is currently under evaluation in shares outstanding category among its peers. Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Occidental Petroleum Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Occidental Petroleum stock to make a market-neutral strategy. Peer analysis of Occidental Petroleum could also be used in its relative valuation, which is a method of valuing Occidental Petroleum by comparing valuation metrics with similar companies.
Peers
Occidental Petroleum Related Equities
COP | ConocoPhillips | 0.57 | ||||
EOG | EOG Resources | 0.41 | ||||
DVN | Devon Energy | 0.34 | ||||
FANG | Diamondback Energy | 0.13 | ||||
PR | Permian Resources | 0.32 | ||||
CTRA | Coterra Energy | 0.37 | ||||
APA | APA | 0.66 | ||||
MRO | Marathon Oil | 1.92 |
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.