Occidental Net Invested Capital vs Property Plant Equipment Analysis

OXY Stock  USD 63.41  0.55  0.87%   
Occidental Petroleum financial indicator trend analysis is much more than just breaking down Occidental Petroleum prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Occidental Petroleum is a good investment. Please check the relationship between Occidental Petroleum Net Invested Capital and its Property Plant Equipment accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Occidental Petroleum. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy Occidental Stock please use our How to Invest in Occidental Petroleum guide.

Net Invested Capital vs Property Plant Equipment

Net Invested Capital vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Occidental Petroleum Net Invested Capital account and Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.
The correlation between Occidental Petroleum's Net Invested Capital and Property Plant Equipment is 0.72. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Occidental Petroleum, assuming nothing else is changed. The correlation between historical values of Occidental Petroleum's Net Invested Capital and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Occidental Petroleum are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Net Invested Capital i.e., Occidental Petroleum's Net Invested Capital and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Property Plant Equipment

Most indicators from Occidental Petroleum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Occidental Petroleum current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Occidental Petroleum. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy Occidental Stock please use our How to Invest in Occidental Petroleum guide.At this time, Occidental Petroleum's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 1.8 B in 2024, despite the fact that Discontinued Operations is likely to grow to (400.1 M).
 2021 2022 2023 2024 (projected)
Gross Profit7.9B17.6B10.1B6.9B
Total Revenue26.0B36.6B28.3B17.8B

Occidental Petroleum fundamental ratios Correlations

0.72-0.220.910.60.990.690.110.30.990.00.270.550.710.780.710.440.550.890.75-0.08-0.270.640.50.770.8
0.72-0.270.61-0.090.731.0-0.56-0.090.750.15-0.130.020.480.990.670.480.720.940.36-0.32-0.230.120.630.590.62
-0.22-0.27-0.040.08-0.26-0.280.30.13-0.250.770.160.07-0.27-0.25-0.43-0.1-0.28-0.320.00.28-0.110.14-0.13-0.2-0.29
0.910.61-0.040.590.850.570.230.450.870.160.410.680.570.650.480.280.270.790.9-0.04-0.530.810.30.670.69
0.6-0.090.080.590.57-0.130.840.540.56-0.10.540.770.530.030.220.220.00.170.670.26-0.080.780.110.450.47
0.990.73-0.260.850.570.70.070.231.0-0.040.20.490.730.80.770.470.610.890.67-0.1-0.190.570.540.790.81
0.691.0-0.280.57-0.130.7-0.6-0.180.720.13-0.21-0.030.460.980.680.50.730.920.29-0.35-0.20.070.650.570.6
0.11-0.560.30.230.840.07-0.60.580.05-0.030.580.660.17-0.47-0.25-0.06-0.48-0.340.460.43-0.090.65-0.320.060.07
0.3-0.090.130.450.540.23-0.180.580.220.20.980.580.25-0.07-0.18-0.29-0.220.070.720.33-0.320.65-0.270.180.24
0.990.75-0.250.870.561.00.720.050.22-0.030.190.480.720.810.770.480.610.910.68-0.11-0.220.570.550.790.81
0.00.150.770.16-0.1-0.040.13-0.030.2-0.030.18-0.06-0.170.13-0.260.050.00.050.130.05-0.180.040.0-0.04-0.1
0.27-0.130.160.410.540.2-0.210.580.980.190.180.580.23-0.09-0.2-0.35-0.170.030.670.27-0.270.63-0.260.140.2
0.550.020.070.680.770.49-0.030.660.580.48-0.060.580.370.10.070.02-0.050.240.770.14-0.520.950.020.30.36
0.710.48-0.270.570.530.730.460.170.250.72-0.170.230.370.550.780.620.290.570.430.00.060.40.630.950.97
0.780.99-0.250.650.030.80.98-0.47-0.070.810.13-0.090.10.550.710.540.770.940.4-0.3-0.20.190.70.640.67
0.710.67-0.430.480.220.770.68-0.25-0.180.77-0.26-0.20.070.780.710.550.560.750.18-0.330.080.110.720.850.83
0.440.48-0.10.280.220.470.5-0.06-0.290.480.05-0.350.020.620.540.550.320.410.070.030.140.00.740.620.61
0.550.72-0.280.270.00.610.73-0.48-0.220.610.0-0.17-0.050.290.770.560.320.680.09-0.410.19-0.060.640.290.32
0.890.94-0.320.790.170.890.92-0.340.070.910.050.030.240.570.940.750.410.680.55-0.25-0.290.350.550.70.72
0.750.360.00.90.670.670.290.460.720.680.130.670.770.430.40.180.070.090.550.14-0.550.90.060.450.51
-0.08-0.320.28-0.040.26-0.1-0.350.430.33-0.110.050.270.140.0-0.3-0.330.03-0.41-0.250.140.190.18-0.26-0.04-0.04
-0.27-0.23-0.11-0.53-0.08-0.19-0.2-0.09-0.32-0.22-0.18-0.27-0.520.06-0.20.080.140.19-0.29-0.550.19-0.560.18-0.04-0.07
0.640.120.140.810.780.570.070.650.650.570.040.630.950.40.190.110.0-0.060.350.90.18-0.56-0.010.380.43
0.50.63-0.130.30.110.540.65-0.32-0.270.550.0-0.260.020.630.70.720.740.640.550.06-0.260.18-0.010.640.62
0.770.59-0.20.670.450.790.570.060.180.79-0.040.140.30.950.640.850.620.290.70.45-0.04-0.040.380.640.98
0.80.62-0.290.690.470.810.60.070.240.81-0.10.20.360.970.670.830.610.320.720.51-0.04-0.070.430.620.98
Click cells to compare fundamentals

Occidental Petroleum Account Relationship Matchups

Occidental Petroleum fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets109.3B80.1B75.0B72.6B74.0B40.0B
Short Long Term Debt Total40.0B37.3B30.4B20.8B20.9B22.0B
Other Current Liab2.0B753M7M(2.2B)3.9B4.0B
Total Current Liabilities14.9B8.2B8.3B7.8B9.1B5.6B
Total Stockholder Equity34.2B18.6B20.3B30.1B30.3B17.6B
Property Plant And Equipment Net81.9B67.0B60.7B59.3B59.7B30.3B
Net Debt37.0B35.3B27.6B19.8B19.5B20.5B
Retained Earnings20.2B3.0B4.5B16.5B19.6B12.1B
Cash3.0B2.0B2.8B984M1.4B1.4B
Non Current Assets Total90.6B71.2B64.8B63.7B65.6B33.1B
Non Currrent Assets Other2.4B1.0B1.2B(4.3B)2.8B2.9B
Cash And Short Term Investments3.0B2.0B2.8B984M1.4B1.6B
Net Receivables6.4B2.1B4.2B4.3B3.2B3.1B
Common Stock Shares Outstanding809.5M918.7M958.8M1.0B960.9M792.9M
Liabilities And Stockholders Equity109.3B80.1B75.0B72.6B74.0B40.0B
Non Current Liabilities Total60.1B53.3B46.4B34.8B34.5B36.2B
Inventory1.4B1.9B1.8B2.1B2.0B1.1B
Other Current Assets1.3B1.2B1.3B1.6B1.7B1.8B
Other Stockholder Equity4.3B5.9B6.1B3.4B1.8B3.6B
Total Liab75.1B61.5B54.7B42.5B43.7B22.1B
Total Current Assets18.7B8.8B10.2B8.9B8.4B6.8B
Short Term Debt620M913M372M438M1.6B921.2M
Accounts Payable7.0B3.0B3.9B4.0B3.6B3.0B
Property Plant And Equipment Gross81.9B67.0B118.9B121.6B127.9B134.3B
Accumulated Other Comprehensive Income(221M)(288M)(208M)195M275M288.8M
Common Stock Total Equity209M216M217M220M253M169.5M
Common Stock209M216M217M220M222M172.5M
Other Liab20.0B16.9B16.4B14.4B16.6B17.4B
Other Assets2.4B1.0B1.2B16M18.4M17.5M
Long Term Debt38.5B35.7B28.9B19.1B17.9B11.1B
Property Plant Equipment80.5B67.0B60.7B59.3B68.2B39.5B
Treasury Stock(10.7B)(10.7B)(10.7B)(13.8B)(12.4B)(11.8B)
Retained Earnings Total Equity20.2B3.0B4.5B16.5B14.8B16.3B
Deferred Long Term Liab21.6B17.5B17.0B15.1B17.4B9.9B
Net Tangible Assets24.5B8.8B10.6B20.3B18.3B20.2B

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When determining whether Occidental Petroleum offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Occidental Petroleum's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Occidental Petroleum Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Occidental Petroleum Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Occidental Petroleum. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy Occidental Stock please use our How to Invest in Occidental Petroleum guide.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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Is Occidental Petroleum's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Occidental Petroleum. If investors know Occidental will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Occidental Petroleum listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.25)
Dividend Share
0.76
Earnings Share
3.46
Revenue Per Share
30.519
Quarterly Revenue Growth
(0.17)
The market value of Occidental Petroleum is measured differently than its book value, which is the value of Occidental that is recorded on the company's balance sheet. Investors also form their own opinion of Occidental Petroleum's value that differs from its market value or its book value, called intrinsic value, which is Occidental Petroleum's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Occidental Petroleum's market value can be influenced by many factors that don't directly affect Occidental Petroleum's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Occidental Petroleum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Occidental Petroleum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Occidental Petroleum's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.