Occidental Petroleum (NYSE:OXY) released its quarterly earnings results on Sunday. The oil and gas producer reported ($0.78) EPS for the quarter, missing the consensus estimate of ($0.59) by ($0.19), MarketWatch Earnings reports. Occidental Petroleum had a negative net margin of 76.17% and a negative return on equity of 15.55%. During the same quarter last year, the business earned ($0.30) earnings per share.
NYSE:OXY opened at $26.47 on Tuesday. The stock has a market cap of $24.65 billion, a P/E ratio of -1.54 and a beta of 2.35. Occidental Petroleum has a one year low of $8.52 and a one year high of $40.55. The company has a fifty day moving average price of $22.44 and a 200 day moving average price of $15.63. The company has a debt-to-equity ratio of 3.56, a current ratio of 1.02 and a quick ratio of 0.86.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 15th. Stockholders of record on Wednesday, March 10th will be paid a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.15%. The ex-dividend date of this dividend is Tuesday, March 9th. Occidental Petroleum’s payout ratio is 2.76%.
About Occidental Petroleum
Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States, the Middle East, and Latin America. The company operates through three segments: Oil and Gas, Chemical, and Marketing and Midstream.
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