OXY has o.k. financials but not great:
PE: 12.65
Current ratio: 1.00x (below 1.20x is bad)
Quick ratio: 0.76x (below 1.00x is bad)
The EBITDA margin is really strong at 52% and consistently strong over the years. However, its free cash flow varies between significantly negative and positive.
$28 billion in debt
$2 billion in cash (low compared to the debt level)
1.82% dividend yield (not very attractive for a company that's been around since 1920 and in this industry)
$5 billion free cash flow
The company isn't accumulating cash - it's going to debt service and capital expenditures primarily.
The chart pattern doesn't look to have any upside. There's a down-trend since 2011. There's also a down trend since April 2024. An up-trend since a low of $9 has been broken. Price is currently $48. I'd personally be a buyer at $9.
This is not investment advice.
PE: 12.65
Current ratio: 1.00x (below 1.20x is bad)
Quick ratio: 0.76x (below 1.00x is bad)
The EBITDA margin is really strong at 52% and consistently strong over the years. However, its free cash flow varies between significantly negative and positive.
$28 billion in debt
$2 billion in cash (low compared to the debt level)
1.82% dividend yield (not very attractive for a company that's been around since 1920 and in this industry)
$5 billion free cash flow
The company isn't accumulating cash - it's going to debt service and capital expenditures primarily.
The chart pattern doesn't look to have any upside. There's a down-trend since 2011. There's also a down trend since April 2024. An up-trend since a low of $9 has been broken. Price is currently $48. I'd personally be a buyer at $9.
This is not investment advice.
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.
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.