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Occidental Petroleum (OXY) Competitors

$62.50
+1.29 (+2.11%)
(As of 05/31/2024 ET)

OXY vs. HES, MUR, XOM, CVX, TTE, PBR, CNQ, EOG, PXD, and E

Should you be buying Occidental Petroleum stock or one of its competitors? The main competitors of Occidental Petroleum include Hess (HES), Murphy Oil (MUR), Exxon Mobil (XOM), Chevron (CVX), TotalEnergies (TTE), Petróleo Brasileiro S.A. - Petrobras (PBR), Canadian Natural Resources (CNQ), EOG Resources (EOG), Pioneer Natural Resources (PXD), and ENI (E). These companies are all part of the "oils/energy" sector.

Occidental Petroleum vs.

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

Hess has a beta of 1.24, suggesting that its share price is 24% more volatile than the S&P 500. Comparatively, Occidental Petroleum has a beta of 1.64, suggesting that its share price is 64% more volatile than the S&P 500.

Occidental Petroleum received 65 more outperform votes than Hess when rated by MarketBeat users. Likewise, 62.16% of users gave Occidental Petroleum an outperform vote while only 61.05% of users gave Hess an outperform vote.

CompanyUnderperformOutperform
HessOutperform Votes
771
61.05%
Underperform Votes
492
38.95%
Occidental PetroleumOutperform Votes
836
62.16%
Underperform Votes
509
37.84%

Hess presently has a consensus price target of $178.08, indicating a potential upside of 15.56%. Occidental Petroleum has a consensus price target of $70.94, indicating a potential upside of 13.51%. Given Occidental Petroleum's higher possible upside, equities research analysts clearly believe Hess is more favorable than Occidental Petroleum.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Hess
0 Sell rating(s)
6 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.40
Occidental Petroleum
0 Sell rating(s)
10 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.40

Hess pays an annual dividend of $1.75 per share and has a dividend yield of 1.1%. Occidental Petroleum pays an annual dividend of $0.88 per share and has a dividend yield of 1.4%. Hess pays out 26.8% 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. Hess has increased its dividend for 2 consecutive years and Occidental Petroleum has increased its dividend for 4 consecutive years. Occidental Petroleum is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Hess$10.65B4.46$1.38B$6.5323.60
Occidental Petroleum$28.92B1.92$4.70B$3.6617.08

Hess has a net margin of 17.41% compared to Hess' net margin of 15.62%. Occidental Petroleum's return on equity of 22.73% beat Hess' return on equity.

Company Net Margins Return on Equity Return on Assets
Hess17.41% 22.73% 9.25%
Occidental Petroleum 15.62%17.50%5.18%

88.5% of Hess shares are held by institutional investors. Comparatively, 88.7% of Occidental Petroleum shares are held by institutional investors. 9.8% of Hess shares are held by insiders. Comparatively, 0.3% of Occidental Petroleum shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

In the previous week, Hess had 26 more articles in the media than Occidental Petroleum. MarketBeat recorded 45 mentions for Hess and 19 mentions for Occidental Petroleum. Hess' average media sentiment score of 0.89 beat Occidental Petroleum's score of 0.55 indicating that Occidental Petroleum is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Hess
14 Very Positive mention(s)
8 Positive mention(s)
16 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Positive
Occidental Petroleum
10 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Occidental Petroleum beats Hess on 11 of the 20 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$55.41B$9.15B$8.50B$17.88B
Dividend Yield1.41%16.99%11.59%3.50%
P/E Ratio17.0815.3210.3022.22
Price / Sales1.924.4578.2810.18
Price / Cash5.276.909.6919.14
Price / Book2.442.003.015.90
Net Income$4.70B$1.26B$976.81M$976.46M
7 Day Performance0.89%4.37%1.54%0.62%
1 Month Performance-3.34%4.24%4.62%3.61%
1 Year Performance4.66%13.03%7.12%20.81%

Occidental Petroleum Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HES
Hess
4.1156 of 5 stars
$154.18
+2.6%
$178.08
+15.5%
+19.3%$47.50B$10.65B23.611,756Short Interest ↑
MUR
Murphy Oil
4.7751 of 5 stars
$42.79
+2.1%
$51.00
+19.2%
+19.7%$6.53B$3.46B11.92725Analyst Upgrade
XOM
Exxon Mobil
4.7171 of 5 stars
$117.33
+2.9%
$135.00
+15.1%
+13.5%$462.61B$344.58B14.3862,000Short Interest ↓
CVX
Chevron
4.6109 of 5 stars
$162.41
+2.6%
$186.95
+15.1%
+6.6%$299.32B$194.65B14.9445,600
TTE
TotalEnergies
1.398 of 5 stars
$73.04
+3.0%
$70.75
-3.1%
+26.9%$171.77B$212.60B8.24102,579
PBR
Petróleo Brasileiro S.A. - Petrobras
3.5407 of 5 stars
$15.56
+1.4%
$16.33
+5.0%
+29.9%$101.45B$99.41B4.5246,730
CNQ
Canadian Natural Resources
4.2495 of 5 stars
$76.82
+1.4%
$94.00
+22.4%
+40.0%$81.25B$40.71B15.3010,272Analyst Upgrade
Stock Split
Short Interest ↑
EOG
EOG Resources
4.6599 of 5 stars
$124.63
+1.9%
$142.09
+14.0%
+15.2%$71.63B$24.19B9.843,050Positive News
PXD
Pioneer Natural Resources
0.963 of 5 stars
$269.62
flat
$264.10
-2.0%
N/A$63.00B$19.36B13.322,213Analyst Forecast
E
ENI
1.1681 of 5 stars
$31.53
+1.3%
N/A+14.9%$53.22B$102.67B13.5933,142

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This page (NYSE:OXY) was last updated on 6/2/2024 by MarketBeat.com Staff

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