Occidental Petroleum (OXY) Competitors

$67.78
-0.10 (-0.15%)
(As of 04/26/2024 08:53 PM 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).

Occidental Petroleum vs.

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

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

88.7% of Occidental Petroleum shares are owned by institutional investors. Comparatively, 1.2% of ENI shares are owned by institutional investors. 0.3% of Occidental Petroleum shares are owned by insiders. Comparatively, 0.0% of ENI shares are owned 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.

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 1.3%. ENI pays an annual dividend of $1.45 per share and has a dividend yield of 4.4%. 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 presently has a consensus target price of $71.94, indicating a potential upside of 6.14%. Given Occidental Petroleum's stronger consensus rating and higher possible upside, 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

In the previous week, Occidental Petroleum had 20 more articles in the media than ENI. MarketBeat recorded 29 mentions for Occidental Petroleum and 9 mentions for ENI. Occidental Petroleum's average media sentiment score of 0.60 beat ENI's score of 0.18 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
11 Very Positive mention(s)
8 Positive mention(s)
7 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
ENI
0 Very Positive mention(s)
3 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

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

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$28.26B2.13$4.70B$3.9117.34
ENI$102.67B0.54$5.16B$2.3214.14

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 PetroleumOil & Gas E&P IndustryEnergy SectorNYSE Exchange
Market Cap$60.08B$2.00B$4.13B$17.40B
Dividend Yield1.30%8.26%7.40%3.54%
P/E Ratio17.3498.1895.6725.14
Price / Sales2.1326,984.7218,887.8611.69
Price / Cash5.7282.0164.8817.83
Price / Book2.701.791.794.62
Net Income$4.70B$165.18M$483.20M$959.72M
7 Day Performance1.15%25.58%16.14%2.91%
1 Month Performance4.29%29.15%18.58%-2.16%
1 Year Performance10.16%42.20%37.50%15.80%

Occidental Petroleum Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
E
ENI
2.3863 of 5 stars
$33.19
+1.2%
N/A+8.3%$56.02B$102.67B10.9933,142Earnings Report
PXD
Pioneer Natural Resources
3.8169 of 5 stars
$275.12
+0.6%
$261.55
-4.9%
+23.6%$64.27B$19.36B13.592,213Upcoming Earnings
Positive News
EOG
EOG Resources
3.918 of 5 stars
$134.80
+0.7%
$142.19
+5.5%
+13.6%$77.54B$24.19B10.363,050Upcoming Earnings
Short Interest ↑
CVE
Cenovus Energy
4.2062 of 5 stars
$21.28
+0.8%
$26.67
+25.3%
+27.7%$39.68B$38.67B13.476,925Upcoming Earnings
Short Interest ↑
Positive News
CNQ
Canadian Natural Resources
4.69 of 5 stars
$77.08
+0.4%
$94.00
+22.0%
+27.9%$82.64B$30.25B13.9110,272Upcoming Earnings
Short Interest ↓
FANG
Diamondback Energy
4.4266 of 5 stars
$204.37
+0.9%
$202.26
-1.0%
+46.1%$36.13B$8.34B11.791,023Upcoming Earnings
DVN
Devon Energy
4.5955 of 5 stars
$52.57
+0.8%
$58.28
+10.9%
-1.3%$33.38B$15.26B9.021,900Upcoming Earnings
Short Interest ↑
Analyst Revision
EC
Ecopetrol
0.8224 of 5 stars
$11.72
+1.3%
$11.27
-3.9%
+21.9%$23.79B$143.19T5.0318,903
CTRA
Coterra Energy
4.5203 of 5 stars
$28.14
+0.7%
$32.47
+15.4%
+10.5%$21.15B$5.91B13.15894Upcoming Earnings
Positive News
EQT
EQT
3.4391 of 5 stars
$37.98
+0.0%
$43.38
+14.2%
+16.6%$16.73B$6.91B8.94881Earnings Report
Analyst Report
Short Interest ↑
Analyst Revision

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This page (NYSE:OXY) was last updated on 4/29/2024 by MarketBeat.com Staff

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