Upcoming Earnings Overview:
Occidental Petroleum Corporation (OXY) is set to release its latest quarterly earnings on Monday, May 4th, with a consensus estimate EPS of $0.62.
Live Analysis:
Today, OXY's stock price stands at $58.87, showing a price increase of $1.6 (2.79%) from the previous close. The trading volume is $6.24 million, representing a 36.69% increase compared to the average.
Earnings Overview:
In the most recent quarterly earnings report on Tuesday, February 17th, OXY surpassed expectations with an EPS of $0.19.
Dividends:
OXY offers a forward dividend yield of 1.77%, with a dividend per share MRQ of 26 cents and a year-over-year increase of 9.0909 cents.
Cash Flow:
OXY's operating cash flow amounted to $2.63 billion, with free cash flow reaching $1.88 billion. The net change in cash for the period was -$209 million.
Income Statement:
OXY reported a net income of $102 million, with an EPS of -6.88 cents. The company generated a revenue of $5 billion and a gross profit of $1.39 billion.
Ratios:
Key ratios include a gross profit margin of 27.81%, return on equity of 0.28, and a price-to-earnings ratio of 99.57.
Balance Sheet:
The company holds total assets of $86.78 billion, with total debt standing at $23.96 billion and net debt at $21.97 billion.
This report provides a snapshot of OXY's financial performance and outlook, highlighting key metrics and trends for investors to consider.
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.