OCCIDENTAL PETROLEUM CORP (OXY)

US6745991058 - Common Stock

60.3  -0.31 (-0.51%)

After market: 60.33 +0.03 (+0.05%)

Fundamental Rating

3

Taking everything into account, OXY scores 3 out of 10 in our fundamental rating. OXY was compared to 212 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of OXY while its profitability can be described as average. OXY is valued expensive and it does not seem to be growing.



4

1. Profitability

1.1 Basic Checks

OXY had positive earnings in the past year.
In the past year OXY had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: OXY reported negative net income in multiple years.
Each year in the past 5 years OXY had a positive operating cash flow.

1.2 Ratios

OXY has a Return On Assets (4.72%) which is comparable to the rest of the industry.
OXY has a Return On Equity of 11.39%. This is comparable to the rest of the industry: OXY outperforms 47.39% of its industry peers.
OXY's Return On Invested Capital of 7.08% is in line compared to the rest of the industry. OXY outperforms 45.02% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for OXY is significantly below the industry average of 38.31%.
Industry RankSector Rank
ROA 4.72%
ROE 11.39%
ROIC 7.08%
ROA(3y)8.12%
ROA(5y)0.77%
ROE(3y)20.51%
ROE(5y)-5.15%
ROIC(3y)10.72%
ROIC(5y)N/A

1.3 Margins

With a Profit Margin value of 12.99%, OXY perfoms like the industry average, outperforming 51.66% of the companies in the same industry.
OXY's Profit Margin has declined in the last couple of years.
OXY has a Operating Margin (20.53%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of OXY has declined.
OXY has a Gross Margin of 59.58%. This is in the better half of the industry: OXY outperforms 64.93% of its industry peers.
In the last couple of years the Gross Margin of OXY has remained more or less at the same level.
Industry RankSector Rank
OM 20.53%
PM (TTM) 12.99%
GM 59.58%
OM growth 3YN/A
OM growth 5Y-4.45%
PM growth 3YN/A
PM growth 5Y-10.42%
GM growth 3Y2.44%
GM growth 5Y-0.96%

3

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so OXY is still creating some value.
The number of shares outstanding for OXY has been reduced compared to 1 year ago.
OXY has more shares outstanding than it did 5 years ago.
OXY has a better debt/assets ratio than last year.

2.2 Solvency

OXY has an Altman-Z score of 1.72. This is a bad value and indicates that OXY is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.72, OXY is in line with its industry, outperforming 51.66% of the companies in the same industry.
OXY has a debt to FCF ratio of 4.07. This is a neutral value as OXY would need 4.07 years to pay back of all of its debts.
The Debt to FCF ratio of OXY (4.07) is better than 66.35% of its industry peers.
A Debt/Equity ratio of 0.60 indicates that OXY is somewhat dependend on debt financing.
OXY has a Debt to Equity ratio (0.60) which is in line with its industry peers.
Industry RankSector Rank
Debt/Equity 0.6
Debt/FCF 4.07
Altman-Z 1.72
ROIC/WACC0.9
WACC7.84%

2.3 Liquidity

OXY has a Current Ratio of 0.95. This is a bad value and indicates that OXY is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of OXY (0.95) is worse than 66.35% of its industry peers.
A Quick Ratio of 0.71 indicates that OXY may have some problems paying its short term obligations.
OXY has a worse Quick ratio (0.71) than 71.09% of its industry peers.
Industry RankSector Rank
Current Ratio 0.95
Quick Ratio 0.71

3

3. Growth

3.1 Past

OXY shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -61.08%.
The Earnings Per Share has been decreasing by -6.38% on average over the past years.
OXY shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -24.23%.
Measured over the past years, OXY shows a quite strong growth in Revenue. The Revenue has been growing by 9.72% on average per year.
EPS 1Y (TTM)-61.08%
EPS 3YN/A
EPS 5Y-6.38%
EPS Q2Q%-42.2%
Revenue 1Y (TTM)-24.23%
Revenue growth 3Y16.38%
Revenue growth 5Y9.72%
Sales Q2Q%-17.19%

3.2 Future

OXY is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.90% yearly.
OXY is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.76% yearly.
EPS Next Y1.5%
EPS Next 2Y13.46%
EPS Next 3Y8.41%
EPS Next 5Y6.9%
Revenue Next Year4.35%
Revenue Next 2Y7.61%
Revenue Next 3Y4.76%
Revenue Next 5YN/A

3.3 Evolution

The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.

3

4. Valuation

4.1 Price/Earnings Ratio

With a Price/Earnings ratio of 18.67, OXY is valued on the expensive side.
67.30% of the companies in the same industry are cheaper than OXY, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 28.40. OXY is valued slightly cheaper when compared to this.
Based on the Price/Forward Earnings ratio of 12.69, the valuation of OXY can be described as correct.
The rest of the industry has a similar Price/Forward Earnings ratio as OXY.
OXY's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 20.03.
Industry RankSector Rank
PE 18.67
Fwd PE 12.69

4.2 Price Multiples

The rest of the industry has a similar Enterprise Value to EBITDA ratio as OXY.
Based on the Price/Free Cash Flow ratio, OXY is valued a bit cheaper than the industry average as 60.66% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 11.02
EV/EBITDA 5.83

4.3 Compensation for Growth

The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)12.43
PEG (5Y)N/A
EPS Next 2Y13.46%
EPS Next 3Y8.41%

3

5. Dividend

5.1 Amount

OXY has a Yearly Dividend Yield of 1.46%.
OXY's Dividend Yield is slightly below the industry average, which is at 6.06.
OXY's Dividend Yield is slightly below the S&P500 average, which is at 2.37.
Industry RankSector Rank
Dividend Yield 1.46%

5.2 History

The dividend of OXY decreases each year by -13.32%.
OXY has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of OXY decreased in the last 3 years.
Dividend Growth(5Y)-13.32%
Div Incr Years2
Div Non Decr Years2

5.3 Sustainability

39.25% of the earnings are spent on dividend by OXY. This is a low number and sustainable payout ratio.
DP39.25%
EPS Next 2Y13.46%
EPS Next 3Y8.41%

OCCIDENTAL PETROLEUM CORP

NYSE:OXY (6/12/2024, 5:30:00 PM)

After market: 60.33 +0.03 (+0.05%)

60.3

-0.31 (-0.51%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap53.46B
Analysts
Price Target
Dividend
Industry RankSector Rank
Dividend Yield 1.46%
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
Industry RankSector Rank
PE 18.67
Fwd PE 12.69
P/S
P/FCF
P/OCF
P/B
P/tB
EV/EBITDA
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)12.43
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 4.72%
ROE 11.39%
ROCE
ROIC
ROICexc
ROICexgc
OM 20.53%
PM (TTM) 12.99%
GM 59.58%
FCFM
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.36
Health
Industry RankSector Rank
Debt/Equity 0.6
Debt/FCF
Debt/EBITDA
Cap/Depr
Cap/Sales
Interest Coverage
Cash Conversion
Profit Quality
Current Ratio 0.95
Quick Ratio 0.71
Altman-Z
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-61.08%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y1.5%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-24.23%
Revenue growth 3Y16.38%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y