Oil In Your Backyard - OXY
In today's Oil In Your Backyard company, we'll take a look at Occidental Petroleum Corp. (OXY). This Los Angeles, CA based company is a major oil producer with oil and gas properties in Texas, New Mexico, California, Kansas , Oklahoma and Colorado. The company also owns interest of oil exploration in South America(Argentina, Bolivia, Colombia), Middle East(Qatar, Yemen) and Africa(Libya).
This is a company that generated $20 billion revenue last year with $5 billion in income. At $93.13 per share, the stock is still cheap with P/E of 12.88 and forward P/E of 9.98. The stock also has dividend yield of 1.4%, a plus on top of its sweet ROI.
This is a company that generated $20 billion revenue last year with $5 billion in income. At $93.13 per share, the stock is still cheap with P/E of 12.88 and forward P/E of 9.98. The stock also has dividend yield of 1.4%, a plus on top of its sweet ROI.
posted by Stock Geek at
7:28 AM
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