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Occidental Petroleum Corp. pages available for free this week:
- Statement of Comprehensive Income
- Balance Sheet: Assets
- Common-Size Balance Sheet: Assets
- Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
- Analysis of Profitability Ratios
- Enterprise Value to FCFF (EV/FCFF)
- Debt to Equity since 2005
- Total Asset Turnover since 2005
- Price to Sales (P/S) since 2005
- Analysis of Debt
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Current Enterprise Value (EV)
Current share price (P) | |
No. shares of common stock outstanding | |
US$ in millions | |
Common equity (market value)1 | |
Add: Preferred stock, at $1.00 per share par value (per books) | |
Add: Noncontrolling interest (per books) | |
Total equity | |
Add: Current maturities of long-term debt (per books) | |
Add: Long-term debt, net, excluding current maturities (per books) | |
Total equity and debt | |
Less: Cash and cash equivalents | |
Enterprise value (EV) |
Based on: 10-K (reporting date: 2024-12-31).
1 Common equity (market value) = Share price × No. shares of common stock outstanding
= ×
Historical Enterprise Value (EV)
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
1 Data adjusted for splits and stock dividends.
2 Closing price as at the filing date of Occidental Petroleum Corp. Annual Report.
3 2024 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= ×
- Common equity (market value)
- The market value of common equity demonstrated a clear upward trend from 2020 to 2022, increasing from $24,789 million to $53,068 million. However, this was followed by a decline in the subsequent two years, falling to $50,395 million in 2023 and further to $45,836 million in 2024. This pattern indicates a peak in market valuation in 2022, with a moderate contraction thereafter.
- Total equity
- Total equity showed consistent growth from 2020 through 2022, rising from $34,551 million to $62,830 million. Similar to common equity, total equity decreased in 2023 and 2024, reaching $58,781 million and $54,444 million respectively. This suggests a strengthening of the company's equity base until 2022, followed by a reduction which may reflect changes in retained earnings, other comprehensive income, or share repurchases.
- Total equity and debt
- The sum of total equity and debt increased steadily from 2020 to 2022, growing from $70,736 million to $82,665 million. This was followed by a decrease in 2023 to $78,519 million, and a slight increase in 2024 to $80,560 million. The fluctuations post-2022 imply adjustments in debt levels or equity that impacted the overall capital structure.
- Enterprise value (EV)
- Enterprise value rose consistently from 2020 up to 2022, from $68,728 million to $81,681 million, mirroring the growth in equity and total capitalization. A decline occurred in 2023 to $77,093 million, with a minor rebound in 2024 to $78,428 million. This reflects changes in market capitalization and debt, suggesting a slight reduction in perceived company value or changes in financial leverage after 2022.