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Occidental Petroleum (Occidental Petroleum) Momentum Rank

: 5 (As of Today)
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Occidental Petroleum has the Momentum Rank of 5.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Competitive Comparison

For the Oil & Gas E&P subindustry, Occidental Petroleum's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Occidental Petroleum Momentum Rank Distribution

For the Oil & Gas industry and Energy sector, Occidental Petroleum's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Occidental Petroleum's Momentum Rank falls into.



Occidental Petroleum Momentum Rank Related Terms

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Occidental Petroleum (Occidental Petroleum) Business Description

Address
5 Greenway Plaza, Suite 110, Houston, TX, USA, 77046
Occidental Petroleum is an independent exploration and production company with operations in the United States, Latin America, and the Middle East. At the end of 2022, the company reported net proved reserves of 3.8 billion barrels of oil equivalent. Net production averaged 1,159 thousand barrels of oil equivalent per day in 2022 at a ratio of 75% oil and natural gas liquids and 25% natural gas.
Executives
Berkshire Hathaway Inc 10 percent owner 3555 FARNAM STREET, OMAHA NE 68131
Sylvia J Kerrigan officer: SVP & Chief Legal Officer 13131 DAIRY ASHFORD, SUITE 600, SUGAR LAND TX 77478
Claire Oneill director 5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Kenneth B. Robinson director 6301 FITCH PATH, NEW ALBANY OH 43054
Vicky A Bailey director 2099 PENNSYLVANIA AVNUE, NW, SUITE 1000, WASHINGTON DC 20006
Bob Shearer director 5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Jack B Moore director 5 GREENWAY PLAZA, STE 110, HOUSTON TX 77046
Andrew Gould director C/O SCHLUMBERGER LIMITED, 5599 SAN FELIPE 17TH FLOOR, HOUSTON TX 77056
Neil R Ackerman officer: Vice President 5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Sunil Mathew officer: Vice President 5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Jeff F Simmons officer: Senior Vice President 5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Christopher O Champion officer: VP, CAO and Controller 5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Vicki A. Hollub officer: Vice President 5 GREENWAY PLAZA, HOUSTON TX 77046
Avedick Baruyr Poladian director 701 WESTERN AVENUE, GLENDALE CA 91201
Warren E Buffett 10 percent owner 3555 FARNAM ST, STE 1440, OMAHA NE 68131