The upcoming earnings report for Occidental Petroleum Corporation (OXY) is scheduled for Monday, May 4th, with a consensus EPS estimate of $0.62.
Today, OXY is trading at $58.27, showing a price increase of $1 (1.75%) from the previous close. The trading volume is $3.95 million, representing a 23.21% increase relative to the average.
In the latest quarterly earnings report on Tuesday, February 17th, OXY exceeded expectations with an EPS of $0.19. The company continues to show resilience in its financial performance.
OXY offers a forward dividend yield of 1.78%, with a dividend per share MRQ of 26 cents, reflecting the company's commitment to rewarding shareholders.
OXY's cash flow statement indicates a positive free cash flow of $1.88 billion. The company has been strategic in managing cash inflows and outflows, maintaining a healthy financial position.
With a revenue of $5 billion and a net income of $102 million, OXY has demonstrated profitability. The company's EBITDA stands at $2.44 billion, showcasing operational efficiency.
Key financial ratios for OXY include a net profit margin of 2.03%, return on equity of 0.28%, and a price-to-earnings ratio of 99.57, reflecting the company's financial performance and market valuation.
OXY's balance sheet highlights total assets of $86.78 billion and total liabilities of $50.19 billion, indicating a strong financial position and effective management of assets and debts.
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, Africa, and Latin America. It operates through three segments: Oil and Gas, Chemical, and Midstream and Marketing. The company's Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. Its 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.