Occidental Petroleum Corp.

Find Ratings Reports
OXY : NYSE : Energy Minerals
$68.16 -1.27 | -1.83%
Today's Range: 68.07 - 69.41
Avg. Daily Volume: 3972400.0
02/16/18 - 4:02 PM ET

Financial Analysis


OCCIDENTAL PETROLEUM CORP's gross profit margin for the third quarter of its fiscal year 2017 has increased when compared to the same period a year ago. The company has grown sales and net income during the past quarter when compared with the same quarter a year ago, however, it was unable to keep up with the growth of the average competitor within its industry. OCCIDENTAL PETROLEUM CORP has weak liquidity. Currently, the Quick Ratio is 0.87 which shows a lack of ability to cover short-term cash needs. The company's liquidity has decreased from the same period last year.

During the same period, stockholders' equity ("net worth") has decreased by 7.29% from the same quarter last year. Overall, the key liquidity measurements indicate that the company is in a position in which financial difficulties could develop in the future.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. To learn more visit www.TheStreetRatings.com.



Income Statement Q3 FY17 Q3 FY16
Net Sales ($mil)2999.02648.0
EBITDA ($mil)1206.0975.0
EBIT ($mil)211.0-71.0
Net Income ($mil)190.0-241.0


Balance Sheet Q3 FY17 Q3 FY16
Cash & Equiv. ($mil)1806.03180.0
Total Assets ($mil)41443.041630.0
Total Debt ($mil)9826.08333.0
Equity ($mil)20669.022296.0


Profitability Q3 FY17 Q3 FY16
Gross Profit Margin52.2249.09
EBITDA Margin40.2136.82
Operating Margin7.04-2.68
Sales Turnover0.280.24
Return on Assets1.3-13.16
Return on Equity2.64-27.98
Debt Q3 FY17 Q3 FY16
Current Ratio1.111.53
Debt/Capital0.320.27
Interest Expense91.068.0
Interest Coverage2.32-1.04


Share Data Q3 FY17 Q3 FY16
Shares outstanding (mil)765.25764.19
Div / share0.770.76
EPS0.25-0.31
Book value / share27.0129.18
Institutional Own % n/a n/a
Avg Daily Volume3983840.03738850.0

Valuation


HOLD. The current P/E ratio indicates a significant discount compared to an average of 253.23 for the Oil, Gas & Consumable Fuels industry and a significant premium compared to the S&P 500 average of 24.11. To use another comparison, its price-to-book ratio of 2.54 indicates a discount versus the S&P 500 average of 3.08 and a significant discount versus the industry average of 5.34. The price-to-sales ratio is well above both the S&P 500 average and the industry average, indicating a premium. Upon assessment of these and other key valuation criteria, OCCIDENTAL PETROLEUM CORP proves to trade at a discount to investment alternatives within the industry.


Price/Earnings
1 2 3 4 5
premium   discount
  Price/Cash Flow
1 2 3 4 5
premium   discount
OXY 96.44 Peers 253.23   OXY 11.67 Peers 9.01

Discount. A lower P/E ratio than its peers can signify a less expensive stock or lower growth expectations.

OXY is trading at a significant discount to its peers.

 

Premium. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.

OXY is trading at a significant premium to its peers.

 
Price/Projected
Earnings
1 2 3 4 5
premium   discount
  Price to
Earnings/Growth
1 2 3 4 5
premium   discount
OXY 31.34 Peers 34.62   OXY NM Peers 0.68

Premium. A higher price-to-projected earnings ratio than its peers can signify a more expensive stock or higher future growth expectations.

OXY is trading at a significant premium to its peers.

 

Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.

OXY's negative PEG ratio makes this valuation measure meaningless.

 
Price/Book
1 2 3 4 5
premium   discount
  Earnings Growth
1 2 3 4 5
lower   higher
OXY 2.54 Peers 5.34   OXY 108.69 Peers 282.80

Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.

OXY is trading at a significant discount to its peers.

 

Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.

However, OXY is expected to significantly trail its peers on the basis of its earnings growth rate.

 
Price/Sales
1 2 3 4 5
premium   discount
  Sales Growth
1 2 3 4 5
premium   discount
OXY 4.44 Peers 2.02   OXY 16.77 Peers 29.17

Premium. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.

OXY is trading at a significant premium to its industry.

 

Lower. A sales growth rate that trails the industry implies that a company is losing market share.

OXY significantly trails its peers on the basis of sales growth

 

 

Latest Stock Upgrades/Downgrades