With a one year PEG ratio of 0.14, Occidental Petroleum Corp is expected to have a higher PEG ratio (a measure of how expensive a stock is relative to its expected earnings growth) than only 2.67% of US stocks.
Of note is the ratio of Occidental Petroleum Corp's sales and general administrative expense to its total operating expenses; just 3.98% of US stocks have a lower such ratio.
In terms of twelve month growth in earnings before interest and taxes, Occidental Petroleum Corp is reporting a growth rate of -671.07%; that's higher than only 3.09% of US stocks.
Stocks that are quantitatively similar to OXY, based on their financial statements, market capitalization, and price volatility, are HES, MOS, HAL, USAC, and FANG.
Occidental Petroleum Corporation (OXY) Company Bio
Occidental Petroleum engages in the acquisition, exploration, and development of oil and gas properties in the United States and internationally. The company was founded in 1920 and is based in Houston, Texas.
About a month ago, I detailed how shares of Occidental Petroleum (OXY) could easily see the single digits again. Oil prices just were not breaking higher, despite normally positive catalysts such as an improving US economy and multiple Gulf of Mexico tropical systems. On Tuesday, shares in fact fell below...
Occidental Petroleum (OXY) disclosed today it will pay ~$200M in dividends on preferred shares to Warren Buffett's Berkshire Hathaway ([[BRK.A]], [[BRK.B]]) in cash, after making the payments with stock since April to conserve cash as it coped with crude's price collapse and massive borrowing to buy Anadarko Petroleum in August...
Occidental Petroleum Corp said on Monday it will pay a $200 million quarterly dividend to Warren Buffett's Berkshire Hathaway Inc in cash instead of common stock, even as the company tries to reduce debt following a plunge in oil prices.