Stock Updates

Is this Large Market Cap Stock target price reasonable for Occidental Petroleum Corporation (NYSE:OXY)?

The company in question is, Occidental Petroleum Corporation (NYSE:OXY) currently with a stock price of 73.22 (-0.92% today). The market cap for Occidental Petroleum Corporation is 56454.09, and is in the sector Basic Materials, and Independent Oil & Gas industry. The target price for Occidental Petroleum Corporation is 78.88. Currently Occidental Petroleum Corporation is trading with a P/E of *TBA, and a forward P/E of 54.48. Average volume for Occidental Petroleum Corporation is 3990.76 and so far today it is 4485700.

Performance in the last year for Occidental Petroleum Corporation has been 2.11%. For EPS growth, Occidental Petroleum Corporation has seen a growth of -691.70%, and is looking to grow in the next year to 288.70%. More long term stats show that EPS growth has been -31.30% over the last five years and could be *TBA for the next five years. Occidental Petroleum Corporation has seen sales growth quarter over quarter at -26.80%, with EPS growth quarter over quarter at -175.90%. The 20-day simple moving average is -1.03%, with the 200-day simple moving average coming to 2.88%.

Since the IPO date for Occidental Petroleum Corporation on the 12/31/1981, Occidental Petroleum Corporation has seen performance year to date to be 11.63%. With Occidental Petroleum Corporation trading at 73.22, the dividend yield is 4.15%, and the EPS is -11.28.

So could Occidental Petroleum Corporation, be undervalued? Well as said before P/E is *TBA. The PEG is *TBA, P/S is 5.28 and the P/B is at 2.42. The P/cash is 15.05, with P/free cash flow at *TBA.

Occidental Petroleum Corporation ability to deal with debt shows that the current ratio is 1.7, and the quick ratio is 1.5. This is with long term debt/equity at 0.36, and total debt/equity at 0.36.

In terms of margins, Occidental Petroleum Corporation has a gross margin of 50.50%, an operating margin of *TBA and a profit margin of -73.50%.Payout ratio for Occidental Petroleum Corporation is *TBA. Return on assets come to -17.60% with return on investment coming to -25.40%.

Insider ownership for Occidental Petroleum Corporation, is at 0.30% and institutional ownership comes to 82.70%. Outstanding shares are at 771.02. While shares float is 760.06. The float short is currently 1.90%, and short ratio is 3.63.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

About the author

Peter Clarke

Leave a Comment