Occidental Petroleum Corporation (OXY) vs. Its Competitors Critical Comparison
Occidental Petroleum Corporation (NYSE: OXY) is one of 250 publicly-traded companies in the “Oil & Gas Exploration and Production” industry, but how does it contrast to its peers? We will compare Occidental Petroleum Corporation to related companies based on the strength of its risk, valuation, institutional ownership, earnings, analyst recommendations, dividends and profitability.
Earnings and Valuation
This table compares Occidental Petroleum Corporation and its peers gross revenue, earnings per share and valuation.
|Gross Revenue||NetIncome||Price/Earnings Ratio|
|Occidental Petroleum Corporation||$10.40 billion||-$574.00 million||96.01|
|Occidental Petroleum Corporation Competitors||$1.92 billion||-$448.08 million||10.99|
Occidental Petroleum Corporation has higher revenue, but lower earnings than its peers. Occidental Petroleum Corporation is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.
Volatility & Risk
Occidental Petroleum Corporation has a beta of 0.63, indicating that its stock price is 37% less volatile than the S&P 500. Comparatively, Occidental Petroleum Corporation’s peers have a beta of 1.28, indicating that their average stock price is 28% more volatile than the S&P 500.
This is a breakdown of recent recommendations and price targets for Occidental Petroleum Corporation and its peers, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Occidental Petroleum Corporation||2||10||6||0||2.22|
|Occidental Petroleum Corporation Competitors||1462||7585||12047||258||2.52|
Occidental Petroleum Corporation currently has a consensus target price of $66.07, suggesting a potential downside of 3.09%. As a group, “Oil & Gas Exploration and Production” companies have a potential upside of 32.20%. Given Occidental Petroleum Corporation’s peers stronger consensus rating and higher probable upside, analysts clearly believe Occidental Petroleum Corporation has less favorable growth aspects than its peers.
Insider and Institutional Ownership
80.7% of Occidental Petroleum Corporation shares are held by institutional investors. Comparatively, 61.2% of shares of all “Oil & Gas Exploration and Production” companies are held by institutional investors. 0.3% of Occidental Petroleum Corporation shares are held by company insiders. Comparatively, 12.1% of shares of all “Oil & Gas Exploration and Production” companies are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
This table compares Occidental Petroleum Corporation and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Occidental Petroleum Corporation||4.33%||1.31%||0.65%|
|Occidental Petroleum Corporation Competitors||-432.19%||-10.06%||2.14%|
Occidental Petroleum Corporation pays an annual dividend of $3.08 per share and has a dividend yield of 4.5%. Occidental Petroleum Corporation pays out 433.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Oil & Gas Exploration and Production” companies pay a dividend yield of 1.8% and pay out 137.2% of their earnings in the form of a dividend. Occidental Petroleum Corporation has increased its dividend for 14 consecutive years.
Occidental Petroleum Corporation peers beat Occidental Petroleum Corporation on 9 of the 15 factors compared.
About Occidental Petroleum Corporation
Occidental Petroleum Corporation (Occidental) is an oil and gas exploration and production company. The Company operates through three segments: oil and gas, chemical (OxyChem), and midstream and marketing. The oil and gas segment explores for, develops and produces oil and condensate, natural gas liquids (NGLs) and natural gas. The OxyChem segment manufactures and markets basic chemicals and vinyls. The midstream and marketing segment gathers, processes, transports, stores, purchases and markets oil, condensate, NGLs, natural gas, carbon dioxide (CO2) and power. The Company also trades around its assets, including transportation and storage capacity. Additionally, the midstream and marketing segment invests in entities that conduct similar activities. Occidental’s domestic upstream oil and gas operations are located in New Mexico and Texas. Its international operations are located in Bolivia, Colombia, Oman, Qatar and the United Arab Emirates (UAE).
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