Occidental Petroleum (OXY) Competitors

$63.06
+0.15 (+0.24%)
(As of 05/14/2024 ET)

OXY vs. E, PXD, CVE, EOG, FANG, DVN, CNQ, 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), Cenovus Energy (CVE), EOG Resources (EOG), Diamondback Energy (FANG), Devon Energy (DVN), Canadian Natural Resources (CNQ), Coterra Energy (CTRA), EQT (EQT), and Marathon Oil (MRO). 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 investment? We will compare the two companies based on the strength of their earnings, profitability, analyst recommendations, valuation, institutional ownership, community ranking, media sentiment, risk and dividends.

Occidental Petroleum has a net margin of 15.62% compared to Occidental Petroleum's net margin of 3.95%. ENI's return on equity of 17.50% beat Occidental Petroleum's return on equity.

Company Net Margins Return on Equity Return on Assets
ENI3.95% 12.57% 4.88%
Occidental Petroleum 15.62%17.50%5.18%

ENI pays an annual dividend of $1.45 per share and has a dividend yield of 4.4%. Occidental Petroleum pays an annual dividend of $0.88 per share and has a dividend yield of 1.4%. ENI pays out 62.5% of its earnings in the form of a dividend. Occidental Petroleum pays out 24.0% 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 has increased its dividend for 3 consecutive years.

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

1.2% of ENI shares are owned by institutional investors. Comparatively, 88.7% of Occidental Petroleum shares are owned by institutional investors. 0.0% of ENI shares are owned by insiders. Comparatively, 0.5% of Occidental Petroleum shares are owned 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.

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$2.3214.11
Occidental Petroleum$28.92B1.93$4.70B$3.6617.23

In the previous week, Occidental Petroleum had 42 more articles in the media than ENI. MarketBeat recorded 46 mentions for Occidental Petroleum and 4 mentions for ENI. ENI's average media sentiment score of 0.46 beat Occidental Petroleum's score of 0.29 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)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Occidental Petroleum
10 Very Positive mention(s)
11 Positive mention(s)
15 Neutral mention(s)
2 Negative mention(s)
1 Very Negative mention(s)
Neutral

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

Occidental Petroleum has a consensus target price of $71.88, suggesting a potential upside of 13.99%. 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

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$55.91B$8.90B$7.92B$17.81B
Dividend Yield1.38%17.18%11.42%3.47%
P/E Ratio17.2318.0715.7025.60
Price / Sales1.934.2688.9410.47
Price / Cash5.366.8411.3215.76
Price / Book2.521.923.395.13
Net Income$4.70B$1.25B$968.54M$965.90M
7 Day Performance-3.09%1.10%0.93%1.70%
1 Month Performance-8.62%-0.50%-0.01%3.90%
1 Year Performance8.56%16.97%9.36%132.75%

Occidental Petroleum Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
E
ENI
1.5778 of 5 stars
$32.73
flat
N/A+12.7%$55.24B$102.67B14.1133,142
PXD
Pioneer Natural Resources
3.7312 of 5 stars
$269.62
flat
$264.10
-2.0%
N/A$63.00B$19.36B13.322,213Analyst Forecast
Positive News
CVE
Cenovus Energy
4.7517 of 5 stars
$20.19
-1.2%
$26.67
+32.1%
+27.3%$37.49B$38.67B11.216,925Positive News
EOG
EOG Resources
4.8088 of 5 stars
$129.43
+0.0%
$143.05
+10.5%
+17.2%$74.38B$24.19B10.223,050Analyst Forecast
Insider Selling
Short Interest ↓
FANG
Diamondback Energy
4.6128 of 5 stars
$198.05
-1.4%
$205.95
+4.0%
+54.7%$35.32B$8.41B11.161,023Analyst Forecast
Short Interest ↓
Analyst Revision
DVN
Devon Energy
4.8436 of 5 stars
$49.83
-0.1%
$58.78
+18.0%
+4.9%$31.49B$15.26B9.511,900Analyst Forecast
Short Interest ↓
Analyst Revision
Positive News
CNQ
Canadian Natural Resources
4.5944 of 5 stars
$75.84
-0.7%
$94.00
+23.9%
+36.7%$81.31B$30.25B15.1110,272Stock Split
Short Interest ↓
CTRA
Coterra Energy
4.6532 of 5 stars
$28.16
+0.7%
$33.13
+17.7%
+13.5%$20.96B$5.91B16.28894Analyst Forecast
Short Interest ↓
Positive News
EQT
EQT
4.4777 of 5 stars
$40.71
+2.3%
$44.94
+10.4%
+21.7%$17.98B$6.91B29.50881Analyst Forecast
Short Interest ↓
MRO
Marathon Oil
4.5724 of 5 stars
$26.57
+0.0%
$32.71
+23.1%
+18.6%$14.98B$6.70B10.981,681Analyst Forecast

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This page (NYSE:OXY) was last updated on 5/15/2024 by MarketBeat.com Staff

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