During the recent session, Occidental Petroleum Corp. (NYSE:OXY)’s traded shares were 1.29 million, with the beta value of the company hitting 1.65. At the last check today, the stock’s price was $67.33, reflecting an intraday loss of -0.81% or -$0.55. The 52-week high for the OXY share is $71.18, that puts it down -5.72 from that peak though still a striking 18.13% gain since the share price plummeted to a 52-week low of $55.12. The company’s market capitalization is $59.68B, and the average trade volume was 8.46 million shares over the past three months.
Occidental Petroleum Corp. (NYSE:OXY) trade information
Occidental Petroleum Corp. (OXY) registered a -0.81% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -0.81% in intraday trading to $67.33, hitting a weekly high. The stock’s 5-day price performance is 1.05%, and it has moved by 4.87% in 30 days. Based on these gigs, the overall price performance for the year is 11.73%.
Occidental Petroleum Corp. (OXY) estimates and forecasts
Statistics show that Occidental Petroleum Corp. has underperformed its competitors in share price, compared to the industry in which it operates. Occidental Petroleum Corp. (OXY) shares have gone up 6.41% during the last six months, with a year-to-date growth rate less than the industry average at 4.05% against 12.30. In the rating firms’ projections, revenue will increase 4.50% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 6.7B as predicted by 8 analyst(s). Meanwhile, a consensus of 9 analyst(s) estimates revenue growth to 7.36B by the end of current fiscal year.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -6.24%. While earnings are projected to return -0.29% in 2024, the next five years will return 8.60% per annum.
OXY Dividends
Occidental Petroleum Corp. is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Occidental Petroleum Corp. is 0.76, with the dividend yield indicating at 1.13 percent, continuing the trend of increasing dividends in recent years.
