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Occidental Petroleum (OXY) Competitors

$59.48
-0.60 (-1.00%)
(As of 06/7/2024 ET)

OXY vs. HES, MUR, XOM, CVX, TTE, CNQ, EOG, E, CVE, and FANG

Should you be buying Occidental Petroleum stock or one of its competitors? The main competitors of Occidental Petroleum include Hess (HES), Murphy Oil (MUR), Exxon Mobil (XOM), Chevron (CVX), TotalEnergies (TTE), Canadian Natural Resources (CNQ), EOG Resources (EOG), ENI (E), Cenovus Energy (CVE), and Diamondback Energy (FANG). These companies are all part of the "oils/energy" sector.

Occidental Petroleum vs.

Occidental Petroleum (NYSE:OXY) and Hess (NYSE:HES) are both large-cap oils/energy companies, but which is the better investment? We will contrast the two companies based on the strength of their earnings, valuation, profitability, media sentiment, institutional ownership, analyst recommendations, community ranking, dividends and risk.

Occidental Petroleum has higher revenue and earnings than Hess. Occidental Petroleum is trading at a lower price-to-earnings ratio than Hess, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Occidental Petroleum$28.92B1.82$4.70B$3.6616.25
Hess$11.41B3.98$1.38B$6.5322.59

Hess has a net margin of 17.41% compared to Occidental Petroleum's net margin of 15.62%. Hess' return on equity of 22.73% beat Occidental Petroleum's return on equity.

Company Net Margins Return on Equity Return on Assets
Occidental Petroleum15.62% 17.50% 5.18%
Hess 17.41%22.73%9.25%

Occidental Petroleum has a beta of 1.59, suggesting that its stock price is 59% more volatile than the S&P 500. Comparatively, Hess has a beta of 1.19, suggesting that its stock price is 19% more volatile than the S&P 500.

Occidental Petroleum received 65 more outperform votes than Hess when rated by MarketBeat users. Likewise, 62.16% of users gave Occidental Petroleum an outperform vote while only 60.95% of users gave Hess an outperform vote.

CompanyUnderperformOutperform
Occidental PetroleumOutperform Votes
836
62.16%
Underperform Votes
509
37.84%
HessOutperform Votes
771
60.95%
Underperform Votes
494
39.05%

Occidental Petroleum pays an annual dividend of $0.88 per share and has a dividend yield of 1.5%. Hess pays an annual dividend of $1.75 per share and has a dividend yield of 1.2%. Occidental Petroleum pays out 24.0% of its earnings in the form of a dividend. Hess pays out 26.8% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Occidental Petroleum is clearly the better dividend stock, given its higher yield and lower payout ratio.

In the previous week, Occidental Petroleum had 12 more articles in the media than Hess. MarketBeat recorded 31 mentions for Occidental Petroleum and 19 mentions for Hess. Hess' average media sentiment score of 1.06 beat Occidental Petroleum's score of 0.95 indicating that Hess is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Occidental Petroleum
20 Very Positive mention(s)
1 Positive mention(s)
6 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Hess
11 Very Positive mention(s)
3 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Occidental Petroleum currently has a consensus price target of $70.94, suggesting a potential upside of 19.27%. Hess has a consensus price target of $177.83, suggesting a potential upside of 20.53%. Given Hess' higher probable upside, analysts clearly believe Hess is more favorable than Occidental Petroleum.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Occidental Petroleum
0 Sell rating(s)
10 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.40
Hess
0 Sell rating(s)
6 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.40

88.7% of Occidental Petroleum shares are held by institutional investors. Comparatively, 88.5% of Hess shares are held by institutional investors. 0.3% of Occidental Petroleum shares are held by insiders. Comparatively, 9.8% of Hess shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Summary

Occidental Petroleum beats Hess on 10 of the 19 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding OXY and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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OXY vs. The Competition

MetricOccidental PetroleumCrude petroleum & natural gas IndustryEnergy SectorNYSE Exchange
Market Cap$52.74B$8.24B$7.95B$17.75B
Dividend Yield1.48%17.50%11.70%3.56%
P/E Ratio16.2514.2010.0021.64
Price / Sales1.824.4299.0314.23
Price / Cash5.026.7410.9720.06
Price / Book2.371.833.424.99
Net Income$4.70B$1.23B$968.85M$975.94M
7 Day Performance-4.83%-4.64%-3.78%-1.87%
1 Month Performance-7.41%-2.59%-1.10%-1.65%
1 Year Performance0.27%5.36%2.21%9.19%

Occidental Petroleum Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HES
Hess
4.2183 of 5 stars
$147.50
-0.3%
$177.83
+20.6%
+7.7%$45.45B$10.65B22.591,756Analyst Forecast
Options Volume
MUR
Murphy Oil
4.9178 of 5 stars
$39.66
-0.9%
$51.00
+28.6%
+2.7%$6.05B$3.46B11.05725Analyst Downgrade
News Coverage
XOM
Exxon Mobil
4.4371 of 5 stars
$112.76
-1.1%
$133.71
+18.6%
+4.2%$444.61B$331.46B13.8262,000Analyst Forecast
CVX
Chevron
4.5837 of 5 stars
$156.08
+0.1%
$186.95
+19.8%
-2.0%$287.65B$200.95B14.3645,600
TTE
TotalEnergies
1.2861 of 5 stars
$69.73
-1.6%
$70.75
+1.5%
+17.2%$163.98B$218.95B7.87102,579Positive News
CNQ
Canadian Natural Resources
4.6948 of 5 stars
$70.34
-2.0%
$94.00
+33.6%
+25.2%$75.26B$30.25B14.0110,272Stock Split
Positive News
EOG
EOG Resources
4.415 of 5 stars
$120.19
-0.8%
$142.09
+18.2%
+3.5%$69.07B$24.19B9.493,050Analyst Revision
E
ENI
1.9404 of 5 stars
$30.16
-1.8%
N/A+6.4%$50.91B$102.67B13.0033,142Dividend Increase
Positive News
CVE
Cenovus Energy
4.2076 of 5 stars
$18.92
-0.7%
$29.00
+53.3%
+9.2%$35.13B$38.67B10.516,925Options Volume
Positive News
FANG
Diamondback Energy
4.0291 of 5 stars
$190.30
-0.4%
$207.80
+9.2%
+42.7%$33.94B$8.41B10.731,023Analyst Upgrade

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This page (NYSE:OXY) was last updated on 6/9/2024 by MarketBeat.com Staff

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