Occidental Petroleum Corp. (NYSE: OXY) Has Succeeded In Attracting Investors This Year, The Stock Is Up 10.60% Year-To-Date

Occidental Petroleum Corp. (NYSE:OXY)’s traded shares stood at 7.01 million during the last session, with the company’s beta value hitting 1.66. At the close of trading, the stock’s price was $66.04, to imply an increase of 0.09% or $0.06 in intraday trading. The OXY share’s 52-week high remains $71.18, putting it -7.78% down since that peak but still an impressive 16.54% since price per share fell to its 52-week low of $55.12. The company has a valuation of $58.54B, with an average of 8.68 million shares over the past 3 months.

Occidental Petroleum Corp. (NYSE:OXY) trade information

After registering a 0.09% upside in the last session, Occidental Petroleum Corp. (OXY) has traded red over the past five days. The stock hit a weekly high of 71.18, jumping 0.09% in its intraday price action. The 5-day price performance for the stock is -4.65%, and 3.09% over 30 days. With these gigs, the year-to-date price performance is 10.60%.

Occidental Petroleum Corp. (OXY) estimates and forecasts

Looking at statistics comparing Occidental Petroleum Corp. share performance against respective industry, we note that the company has underperformed competitors. Occidental Petroleum Corp. (OXY) shares are 0.78% up over the last 6 months, with its year-to-date growth rate lower than industry average at 1.08% against 10.60%.

An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -6.24% for the past 5-year period. While 2024 is set for a -1.95% return in earnings, projections for the next 5 years are at 8.60% annually.

OXY Dividends

Occidental Petroleum Corp. has its next earnings report out between May 07 and May 13. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Occidental Petroleum Corp. has a forward dividend ratio of 0.76, with the share yield ticking at 1.15% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.