How to buy Occidental Petroleum shares
Own Occidental Petroleum shares in just a few minutes.
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Occidental Petroleum Corporation is an oil & gas e&p business with stocks listed in the US. Occidental Petroleum shares (OXY) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was US$10.17 – an increase of 0.79% over the previous week. Here's how to invest if you're based in Australia.
How to buy shares in Occidental Petroleum
- Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
- Search for Occidental Petroleum. Find the share by name or ticker symbol: OXY. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Occidental Petroleum reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At last close price of US$10.17, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Occidental Petroleum, depending on your broker.
- Check in on your investment. Congratulations, you own a part of Occidental Petroleum. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
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What's in this guide?
- Occidental Petroleum key stats
- Compare share trading platforms
- Is Occidental Petroleum stock a buy or sell?
- Occidental Petroleum performance over time
- Can I short Occidental Petroleum shares?
- Is Occidental Petroleum suitable for ethical investing?
- Are Occidental Petroleum shares over-valued?
- Occidental Petroleum's financials
- How volatile are Occidental Petroleum shares?
- Does Occidental Petroleum pay a dividend?
- Have Occidental Petroleum shares ever split?
- Other common questions
Occidental Petroleum share priceUse our graph to track the performance of OXY stocks over time.
Occidental Petroleum shares at a glance
|52-week range||US$8.5155 - US$42.2298|
|50-day moving average||US$18.9579|
|200-day moving average||US$14.3669|
|Dividend yield||US$0.04 (0.17%)|
|Earnings per share (TTM)||US$1.366|
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Is it a good time to buy Occidental Petroleum stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Occidental Petroleum price performance over time
|1 week (2021-01-15)||-54.58%|
|1 month (2020-12-23)||-43.15%|
|3 months (2020-10-23)||1.50%|
|6 months (2020-07-23)||-39.54%|
|1 year (2020-01-23)||-76.08%|
|2 years (2019-01-23)||-84.25%|
|3 years (2018-01-23)||-86.86%|
|5 years (2016-01-22)||-84.06%|
Is Occidental Petroleum under- or over-valued?
Valuing Occidental Petroleum stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Occidental Petroleum's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Occidental Petroleum's P/E ratio
Occidental Petroleum's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 24x. In other words, Occidental Petroleum shares trade at around 24x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Occidental Petroleum's PEG ratio
Occidental Petroleum's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.16. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Occidental Petroleum's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Occidental Petroleum's EBITDA
Occidental Petroleum's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$7.9 billion (£5.8 billion).
The EBITDA is a measure of a Occidental Petroleum's overall financial performance and is widely used to measure a its profitability.
Occidental Petroleum financials
|Revenue TTM||US$19.8 billion|
|Gross profit TTM||US$12.1 billion|
|Return on assets TTM||-4.57%|
|Return on equity TTM||-44.1%|
|Market capitalisation||US$21.5 billion|
TTM: trailing 12 months
Shorting Occidental Petroleum shares
There are currently 32.1 million Occidental Petroleum shares held short by investors – that's known as Occidental Petroleum's "short interest". This figure is 9% down from 35.3 million last month.
There are a few different ways that this level of interest in shorting Occidental Petroleum shares can be evaluated.
Occidental Petroleum's "short interest ratio" (SIR)
Occidental Petroleum's "short interest ratio" (SIR) is the quantity of Occidental Petroleum shares currently shorted divided by the average quantity of Occidental Petroleum shares traded daily (recently around 28.4 million). Occidental Petroleum's SIR currently stands at 1.13. In other words for every 100,000 Occidental Petroleum shares traded daily on the market, roughly 1130 shares are currently held short.
However Occidental Petroleum's short interest can also be evaluated against the total number of Occidental Petroleum shares, or, against the total number of tradable Occidental Petroleum shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Occidental Petroleum's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 Occidental Petroleum shares in existence, roughly 30 shares are currently held short) or 0.0382% of the tradable shares (for every 100,000 tradable Occidental Petroleum shares, roughly 38 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Occidental Petroleum.
Find out more about how you can short Occidental Petroleum stock.
Occidental Petroleum's environmental, social and governance track record
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Occidental Petroleum.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Occidental Petroleum's total ESG risk score
Total ESG risk: 44.66
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Occidental Petroleum's overall score of 44.66 (as at 01/01/2019) is pretty weak – landing it in it in the 93rd percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Occidental Petroleum is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Occidental Petroleum's environmental score
Environmental score: 26.91/100
Occidental Petroleum's environmental score of 26.91 puts it squarely in the 5th percentile of companies rated in the same sector. This could suggest that Occidental Petroleum is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Occidental Petroleum's social score
Social score: 15.82/100
Occidental Petroleum's social score of 15.82 puts it squarely in the 5th percentile of companies rated in the same sector. This could suggest that Occidental Petroleum is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Occidental Petroleum's governance score
Governance score: 11.93/100
Occidental Petroleum's governance score puts it squarely in the 5th percentile of companies rated in the same sector. That could suggest that Occidental Petroleum is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Occidental Petroleum's controversy score
Controversy score: 2/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Occidental Petroleum scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Occidental Petroleum has, for the most part, managed to keep its nose clean.
Environmental, social, and governance (ESG) summary
|Total ESG score||44.66|
|Total ESG percentile||92.55|
|Environmental score percentile||5|
|Social score percentile||5|
|Governance score percentile||5|
|Level of controversy||2|
Occidental Petroleum share dividends
We're not expecting Occidental Petroleum to pay a dividend over the next 12 months.
Have Occidental Petroleum's shares ever split?
Occidental Petroleum's shares were split on a 10000:9983 basis on 25 February 2016. So if you had owned 9983 shares the day before before the split, the next day you'd have owned 10000 shares. This wouldn't directly have changed the overall worth of your Occidental Petroleum shares – just the quantity. However, indirectly, the new 0.2% lower share price could have impacted the market appetite for Occidental Petroleum shares which in turn could have impacted Occidental Petroleum's share price.
Occidental Petroleum share price volatility
Over the last 12 months, Occidental Petroleum's shares have ranged in value from as little as US$8.5155 up to US$42.2298. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Occidental Petroleum's is 2.3834. This would suggest that Occidental Petroleum's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Occidental Petroleum overview
Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States, the Middle East, and Latin America. The company operates through three segments: Oil and Gas, Chemical, and Marketing and Midstream. The Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. The Chemical segment manufactures and markets basic chemicals, including chlorine, caustic soda, chlorinated organics, potassium chemicals, ethylene dichloride, chlorinated isocyanurates, sodium silicates, and calcium chloride; vinyls comprising vinyl chloride monomer, polyvinyl chloride, and ethylene. The Midstream and Marketing segment gathers, processes, transports, stores, purchases, and markets oil, condensate, NGLs, natural gas, carbon dioxide, and power. This segment also trades around its assets consisting of transportation and storage capacity; and invests in entities. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas.
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