Occidental Petroleum (OXY) Competitors

$64.24
+0.56 (+0.88%)
(As of 05/9/2024 ET)

OXY vs. E, PXD, EOG, CVE, FANG, CNQ, DVN, CTRA, EQT, and MRO

Should you be buying Occidental Petroleum stock or one of its competitors? The main competitors of Occidental Petroleum include ENI (E), Pioneer Natural Resources (PXD), EOG Resources (EOG), Cenovus Energy (CVE), Diamondback Energy (FANG), Canadian Natural Resources (CNQ), Devon Energy (DVN), Coterra Energy (CTRA), EQT (EQT), and Marathon Oil (MRO). These companies are all part of the "crude petroleum & natural gas" industry.

Occidental Petroleum vs.

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

Occidental Petroleum has a beta of 1.64, meaning that its share price is 64% more volatile than the S&P 500. Comparatively, ENI has a beta of 1.01, meaning that its share price is 1% more volatile than the S&P 500.

Occidental Petroleum received 433 more outperform votes than ENI when rated by MarketBeat users. Likewise, 62.25% of users gave Occidental Petroleum an outperform vote while only 54.17% of users gave ENI an outperform vote.

CompanyUnderperformOutperform
Occidental PetroleumOutperform Votes
836
62.25%
Underperform Votes
507
37.75%
ENIOutperform Votes
403
54.17%
Underperform Votes
341
45.83%

In the previous week, Occidental Petroleum had 49 more articles in the media than ENI. MarketBeat recorded 51 mentions for Occidental Petroleum and 2 mentions for ENI. Occidental Petroleum's average media sentiment score of 0.50 beat ENI's score of 0.23 indicating that Occidental Petroleum is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Occidental Petroleum
18 Very Positive mention(s)
11 Positive mention(s)
12 Neutral mention(s)
4 Negative mention(s)
1 Very Negative mention(s)
Neutral
ENI
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

88.7% of Occidental Petroleum shares are held by institutional investors. Comparatively, 1.2% of ENI shares are held by institutional investors. 0.5% of Occidental Petroleum shares are held by insiders. Comparatively, 0.0% of ENI shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Occidental Petroleum has a net margin of 16.24% compared to ENI's net margin of 3.95%. Occidental Petroleum's return on equity of 20.63% beat ENI's return on equity.

Company Net Margins Return on Equity Return on Assets
Occidental Petroleum16.24% 20.63% 6.00%
ENI 3.95%12.57%4.88%

Occidental Petroleum pays an annual dividend of $0.88 per share and has a dividend yield of 1.4%. ENI pays an annual dividend of $1.45 per share and has a dividend yield of 4.5%. Occidental Petroleum pays out 22.5% of its earnings in the form of a dividend. ENI pays out 62.5% 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 currently has a consensus target price of $71.88, indicating a potential upside of 11.90%. Given Occidental Petroleum's stronger consensus rating and higher possible upside, equities analysts plainly believe Occidental Petroleum is more favorable than ENI.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Occidental Petroleum
0 Sell rating(s)
8 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
2.50
ENI
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.33

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Occidental Petroleum$28.26B2.02$4.70B$3.9116.43
ENI$102.67B0.53$5.16B$2.3213.93

Summary

Occidental Petroleum beats ENI on 18 of the 21 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$56.95B$9.16B$8.31B$17.78B
Dividend Yield1.37%17.29%11.53%3.51%
P/E Ratio16.4317.0717.9425.14
Price / Sales2.024.6594.0711.03
Price / Cash5.436.839.3315.59
Price / Book2.561.953.515.09
Net Income$4.70B$1.27B$996.14M$968.04M
7 Day Performance-0.65%2.05%2.21%2.59%
1 Month Performance-6.29%-1.08%-1.90%-0.55%
1 Year Performance8.96%17.03%8.36%103.03%

Occidental Petroleum Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
E
ENI
2.4059 of 5 stars
$32.21
+0.8%
N/A+7.4%$54.37B$102.67B13.8833,142
PXD
Pioneer Natural Resources
3.6152 of 5 stars
$269.62
flat
$264.10
-2.0%
N/A$63.00B$19.36B13.322,213Analyst Forecast
EOG
EOG Resources
3.9329 of 5 stars
$130.23
-0.2%
$142.27
+9.2%
+13.5%$74.84B$24.19B10.293,050Earnings Report
Dividend Announcement
Analyst Forecast
Analyst Revision
CVE
Cenovus Energy
4.7099 of 5 stars
$20.61
-0.3%
$26.67
+29.4%
+27.8%$38.43B$38.67B11.456,925Dividend Announcement
Positive News
FANG
Diamondback Energy
4.3396 of 5 stars
$203.68
-0.2%
$205.68
+1.0%
+53.3%$36.32B$8.41B11.481,023Analyst Forecast
Insider Selling
CNQ
Canadian Natural Resources
4.6074 of 5 stars
$76.42
+0.6%
$94.00
+23.0%
+35.0%$81.93B$30.25B15.2210,272Dividend Increase
Stock Split
DVN
Devon Energy
4.6622 of 5 stars
$50.98
+0.2%
$58.44
+14.6%
-0.9%$32.22B$15.26B9.731,900Analyst Forecast
Insider Selling
CTRA
Coterra Energy
4.5413 of 5 stars
$28.08
-1.0%
$32.67
+16.3%
+12.9%$21.11B$5.91B16.23894Dividend Announcement
Analyst Forecast
Analyst Revision
EQT
EQT
3.9423 of 5 stars
$40.50
-1.3%
$44.56
+10.0%
+23.6%$17.88B$6.91B29.35881Analyst Forecast
MRO
Marathon Oil
4.7647 of 5 stars
$27.05
+1.3%
$32.61
+20.5%
+18.2%$15.26B$6.70B11.181,681Analyst Forecast

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This page (NYSE:OXY) was last updated on 5/9/2024 by MarketBeat.com Staff

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