Occidental Petroleum Corporation (NYSE:OXY) went down by -1.05% from its latest closing price when compared to the 1-year high value of $68.83 and move down -65.46%, while OXY stocks collected -0.69% of loss with the last five trading sessions. Barron's reported on 02/14/20 that Warren Buffett’s Berkshire Hathaway Bought Biogen, Kroger, Occidental Stock
Occidental Petroleum Corporation (NYSE:OXY) Worth an Investment?
Occidental Petroleum Corporation (NYSE: OXY) scored price to earnings ratio above its average ratio, recording 29.86 times of increase in earnings at the present.
OXY Market Performance
OXY stocks went down by -0.69% for the week, with the monthly drop of -11.98% and a quarterly performance of 9.13%, while its annual performance rate touched -37.51%. The simple moving average for the period of the last 20 days is -1.07% for OXY stocks with the simple moving average of -8.36% for the last 200 days.
Analysts’ Opinion on Occidental Petroleum Corporation (NYSE:OXY)
Many brokerage firms have already submitted their reports for OXY stocks, with Morgan Stanley repeating the rating for OXY shares by setting it to “Overweight”. The predicted price for OXY socks in the upcoming period according to Morgan Stanley is $59 based on the research report published on January 13, 2020.
Mizuho, on the other hand, stated in their research note that they expect to see OXY stock at the price of $58, previously predicting the value of $44. The rating they have provided for OXY stocks is “Buy” according to the report published on January 8, 2020.
Tudor Pickering gave “ Hold” rating to OXY stocks, setting the target price at $41 in the report published on January 3, 2020.
OXY Stocks 0.41% Far from 50 Day Moving Average
After a stumble in the market that brought OXY to its low price for the period of the last 52 weeks, Occidental Petroleum Corporation was unable to take a rebound, for now settling with -39.56% of loss for the given period.
The stock volatility was left at 2.33%, however, within the period of a single month, the volatility rate increased by 2.60%, while the shares sank at the distance of -10.86% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +9.42% upper at the present time.
In the course of the last 5 trading sessions, OXY went down by -0.69%, which changed the moving average for the period of 200 days to the total of -27.63% of losses for the stock in comparison to the 20-day moving average settled at $41.80. In addition, Occidental Petroleum Corporation saw 0.95% in overturn over the period of a single year with a tendency to cut further gains.
OXY Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Occidental Petroleum Corporation (OXY), starting from MOORE JACK B, who bought 12,900 shares at the price of $38.61 back on Dec 06. After this action, Rushing now owns 25,847 shares of Occidental Petroleum Corporation, valued at $498,005 with the latest closing price.
KLESSE WILLIAM R, the Director of Occidental Petroleum Corporation, bought 10,000 shares at the value of $38.82 during a trade that took place back on Dec 06, which means that KLESSE WILLIAM R is holding 129,203 shares at the value of $388,200 based on the most recent closing price.
OXY Stock Fundamentals
The current profitability levels are settled at +27.94 for the present operating margin and +39.58 for gross margin. The net margin for Occidental Petroleum Corporation stands at +23.33. Total capital return value is set at 15.88, while invested capital returns managed to touch 13.39. Equity return holds the value 4.30%, with 1.50% for asset returns.
Based on Occidental Petroleum Corporation (OXY), the company’s capital structure generated 48.37 points for debt to equity in total, while total debt to capital is set at the value of 32.60. Total debt to assets is settled at the value of 23.53 with long-term debt to equity ratio rests at 11.33 and long-term debt to capital is 47.82.
The value for Enterprise to Sales is 2.42 with debt to enterprise value settled at 0.19. The receivables turnover for Occidental Petroleum Corporation is 3.90 with the total asset turnover at the value of 0.41. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.34.