Mulakan
UnknownUnicorn38289576

Occidental Petroleum (OXY) stuck in a ascending broadening wedge

Singkat
Occidental Petroleum Corporation (NYSE:OXY)  
UnknownUnicorn38289576  
NYSE:OXY   Occidental Petroleum Corporation
Trend Analysis Fundamental Analysis OXY oiltrading
0
0
trendanalysis fundamental oxy oiltrading
OXY has a trailing twelve month Price to Earnings (PE) ratio of 8.4. The historical average of roughly 15 shows a good value for OXY stock as investors are paying lower share prices relative to the company's earnings. OXY's low trailing PE ratio shows that the firm has been trading below its fair market value recently. Its trailing 12-month earnings per share (EPS) of 6.90 more than justifies the stock's current price. However, trailing PE ratios do not factor in the company's projected growth rate, resulting in many newer firms having high PE ratios due to high growth potential enticing investors despite inadequate earnings.
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.