Occidental Petroleum Corporation

NYSE OXY

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Occidental Petroleum Corporation Price to Book Ratio (P/B) on June 03, 2024: 1.74

Occidental Petroleum Corporation Price to Book Ratio (P/B) is 1.74 on June 03, 2024, a -3.75% change year over year. The price to book ratio compares the market price per share of a company's stock to its book value per share. It is calculated by dividing the market capitalization by the shareholders' equity minus treasury stock, divided by the number of outstanding shares. This ratio provides insights into how the market values a company relative to its book value. A ratio above 1 indicates the market values the company more than its book value, suggesting positive market sentiment.
  • Occidental Petroleum Corporation 52-week high Price to Book Ratio (P/B) is 2.06 on September 14, 2023, which is 17.95% above the current Price to Book Ratio (P/B).
  • Occidental Petroleum Corporation 52-week low Price to Book Ratio (P/B) is 1.64 on February 21, 2024, which is -6.15% below the current Price to Book Ratio (P/B).
  • Occidental Petroleum Corporation average Price to Book Ratio (P/B) for the last 52 weeks is 1.85.
NYSE: OXY

Occidental Petroleum Corporation

CEO Ms. Vicki A. Hollub
IPO Date Dec. 31, 1981
Location United States
Headquarters 5 Greenway Plaza, Houston, TX, United States, 77046-0521
Employees 12,570
Sector Energy
Industry Oil & gas e&p
Description

Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States, the Middle East, and North Africa. It operates through three segments: Oil and Gas, Chemical, and Midstream and Marketing. The company's Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. Its Chemical segment manufactures and markets basic chemicals, including chlorine, caustic soda, chlorinated organics, potassium chemicals, ethylene dichloride, chlorinated isocyanurates, sodium silicates, and calcium chloride; and vinyls comprising vinyl chloride monomer, polyvinyl chloride, and ethylene. The Midstream and Marketing segment gathers, processes, transports, stores, purchases, and markets oil, condensate, NGLs, natural gas, carbon dioxide, and power. This segment also invests in entities. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas.

StockViz Staff

September 20, 2024

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