Occidental Petroleum (OXY) Competitors

$67.33
-0.06 (-0.09%)
(As of 04/24/2024 ET)

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

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), Canadian Natural Resources (CNQ), Diamondback Energy (FANG), Devon Energy (DVN), Ecopetrol (EC), Coterra Energy (CTRA), and EQT (EQT). These companies are all part of the "crude petroleum & natural gas" industry.

Occidental Petroleum vs.

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

Occidental Petroleum has a net margin of 16.24% compared to Occidental Petroleum's net margin of 5.00%. ENI's return on equity of 20.63% beat Occidental Petroleum's return on equity.

Company Net Margins Return on Equity Return on Assets
ENI5.00% 14.91% 5.85%
Occidental Petroleum 16.24%20.63%6.00%

In the previous week, Occidental Petroleum had 14 more articles in the media than ENI. MarketBeat recorded 25 mentions for Occidental Petroleum and 11 mentions for ENI. ENI's average media sentiment score of 0.43 beat Occidental Petroleum's score of 0.26 indicating that Occidental Petroleum is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
ENI
1 Very Positive mention(s)
4 Positive mention(s)
4 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral
Occidental Petroleum
9 Very Positive mention(s)
6 Positive mention(s)
6 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

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
ENI$102.67B0.54$5.16B$3.0210.78
Occidental Petroleum$28.92B2.06$4.70B$3.9117.22

ENI pays an annual dividend of $1.45 per share and has a dividend yield of 4.5%. Occidental Petroleum pays an annual dividend of $0.88 per share and has a dividend yield of 1.3%. ENI pays out 48.0% of its earnings in the form of a dividend. Occidental Petroleum pays out 22.5% 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. ENI has increased its dividend for 1 consecutive years and Occidental Petroleum has increased its dividend for 3 consecutive years.

Occidental Petroleum received 434 more outperform votes than ENI when rated by MarketBeat users. Likewise, 62.34% of users gave Occidental Petroleum an outperform vote while only 54.10% of users gave ENI an outperform vote.

CompanyUnderperformOutperform
ENIOutperform Votes
402
54.10%
Underperform Votes
341
45.90%
Occidental PetroleumOutperform Votes
836
62.34%
Underperform Votes
505
37.66%

Occidental Petroleum has a consensus price target of $71.94, indicating a potential upside of 6.85%. Given ENI's stronger consensus rating and higher probable upside, analysts plainly believe Occidental Petroleum is more favorable than ENI.

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

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

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

Summary

Occidental Petroleum beats ENI on 19 of the 22 factors compared between the two stocks.

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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$59.69B$9.10B$8.16B$17.43B
Dividend Yield1.31%17.20%11.38%3.56%
P/E Ratio17.227.9219.6823.50
Price / Sales2.065.4794.1811.66
Price / Cash5.656.8410.8717.62
Price / Book2.691.983.184.91
Net Income$4.70B$1.25B$994.50M$963.51M
7 Day Performance2.05%1.88%1.31%2.29%
1 Month Performance5.52%5.86%2.75%-2.05%
1 Year Performance7.28%11.90%4.35%90.12%

Occidental Petroleum Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
E
ENI
2.099 of 5 stars
$33.19
+1.2%
N/A+9.2%$56.02B$102.67B10.9933,142Analyst Downgrade
News Coverage
PXD
Pioneer Natural Resources
3.7378 of 5 stars
$275.12
+0.6%
$261.55
-4.9%
+22.4%$64.27B$19.36B13.592,213Analyst Report
Positive News
EOG
EOG Resources
3.8678 of 5 stars
$134.80
+0.7%
$142.19
+5.5%
+14.9%$77.54B$24.19B10.363,050Analyst Upgrade
CVE
Cenovus Energy
4.6091 of 5 stars
$21.28
+0.8%
$26.67
+25.3%
+21.6%$39.68B$38.67B13.476,925News Coverage
Positive News
CNQ
Canadian Natural Resources
4.3634 of 5 stars
$77.08
+0.4%
$94.00
+22.0%
+28.8%$82.64B$30.25B13.9110,272Analyst Downgrade
Analyst Revision
News Coverage
FANG
Diamondback Energy
4.5784 of 5 stars
$204.37
+0.9%
$202.26
-1.0%
+44.9%$36.13B$8.34B11.791,023Upcoming Earnings
Analyst Report
Positive News
DVN
Devon Energy
4.7947 of 5 stars
$52.57
+0.8%
$58.28
+10.9%
-2.0%$33.38B$15.26B9.021,900Upcoming Earnings
Analyst Report
News Coverage
Positive News
EC
Ecopetrol
1.975 of 5 stars
$11.72
+1.3%
$11.27
-3.9%
+5.6%$23.79B$143.19T5.0318,903
CTRA
Coterra Energy
4.4892 of 5 stars
$28.14
+0.7%
$32.47
+15.4%
+10.5%$21.15B$5.91B13.15894Analyst Report
Positive News
EQT
EQT
4.4332 of 5 stars
$37.98
+0.0%
$43.38
+14.2%
+16.5%$16.73B$6.91B8.94881Earnings Report
Dividend Announcement
Analyst Report
Analyst Revision
News Coverage

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This page (NYSE:OXY) was last updated on 4/24/2024 by MarketBeat.com Staff

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