Occidental Petroleum is one of the world's largest independent oil and gas producers. Its upstream operations are spread across the US, the Middle East, and North Africa. It has a consolidated midstream business, which provides gathering, processing, and transport services to the upstream segment. It also holds an equity interest in Western Midstream but has recently taken steps to increase its independence.
Occidental possesses substantial remaining inventory in the Permian and Rockies. These quick-cycle shale assets can be scaled quickly should commodity prices increase.
Occidental has the highest breakeven cost of remaining inventory in our North American coverage. This leaves it more vulnerable to price declines.
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Metric
|
OXY
|
EOG
|
DVN
|
|---|---|---|---|
Price/Earnings (Normalized) | 13.55 | 10.50 | 10.55 |
Price/Book Value | 1.73 | 2.33 | 1.30 |
Price/Sales | 2.69 | 2.85 | 1.68 |
Price/Cash Flow | 4.52 | 5.80 | 4.13 |
|
Metric
|
OXY
|
EOG
|
DVN
|
|---|---|---|---|
Quick Ratio | 1.04 | 1.58 | 0.59 |
Current Ratio | 1.41 | 1.85 | 0.72 |
Interest Coverage | 5.89 | 32.77 | 9.18 |
|
Metric
|
OXY
|
EOG
|
DVN
|
|---|---|---|---|
Return on Assets (Normalized) | 4.72% | 14.43% | 9.06% |
Return on Equity (Normalized) | 13.23% | 24.51% | 17.36% |
Return on Invested Capital (Normalized) | 7.57% | 19.77% | 13.09% |
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1-Day Chart
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Name
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Price
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Morningstar Rating for Stocks
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United States