These Factors Make Occidental Petroleum Corporation (NYSE:OXY) An Interesting Investment

Building up an investment case requires looking at a stock holistically. Today I’ve chosen to put the spotlight on Occidental Petroleum Corporation (NYSE:OXY) due to its excellent fundamentals in more than one area. OXY is a well-regarded dividend-paying company with a a great track record of delivering benchmark-beating performance. Below is a brief commentary on these key aspects. For those interested in understanding where the figures come from and want to see the analysis, take a look at the report on Occidental Petroleum here.

6 star dividend payer with proven track record

Over the past few years, OXY has more than doubled its earnings, with its most recent figure exceeding its annual average over the past five years. In addition to beating its historical values, OXY also outperformed its industry, which also delivered an impressive triple-digit earnings growth. This is an optimistic signal for the future.

NYSE:OXY Income Statement Export January 16th 19

For those seeking income streams from their portfolio, OXY is a robust dividend payer as well. Over the past decade, the company has consistently increased its dividend payout, reaching a yield of 4.8%, making it one of the best dividend companies in the market.

NYSE:OXY Historical Dividend Yield January 16th 19

Next Steps:

For Occidental Petroleum, I’ve compiled three fundamental factors you should look at:

1. Future Outlook: What are well-informed industry analysts predicting for OXY’s future growth? Take a look at our free research report of analyst consensus for OXY’s outlook.

2. Financial Health: Are OXY’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.

3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of OXY? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.

The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at editorial-team@simplywallst.com.