Switch to:
GuruFocus has detected 3 Warning Signs with Occidental Petroleum Corp $OXY.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Occidental Petroleum Corp (NYSE:OXY)
EV/EBITDA
-8.64 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, Occidental Petroleum Corp's enterprise value is $57,053 Mil. Occidental Petroleum Corp's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Sep. 2016 was $-6,605 Mil. Therefore, Occidental Petroleum Corp's EV/EBITDA ratio for today is -8.64.

During the past 13 years, the highest EV/EBITDA Ratio of Occidental Petroleum Corp was 51.30. The lowest was -12.00. And the median was 5.60.

EV/EBITDA (Enterprise value/EBITDA) is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the P/E Ratio to determine the fair market value of a company.

As of today, Occidental Petroleum Corp's stock price is $68.59. Occidental Petroleum Corp's earnings per share for the trailing twelve months (TTM) ended in Sep. 2016 was $-7.17. Therefore, Occidental Petroleum Corp's P/E Ratio for today is .

The "classic" EV/EBITDA ratio is much better in capturing debt and net cash than the P/E Ratio.


Definition

Occidental Petroleum Corp's EV/EBITDA for today is calculated as:

EV/EBITDA=Enterprise Value (Today)/Earnings Before Depreciation and Amortization (TTM)
=57053.471/-6605
=-8.64

Occidental Petroleum Corp's current Enterprise Value is $57,053 Mil.
Occidental Petroleum Corp's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Sep. 2016 was -9133 (Dec. 2015 ) + 644 (Mar. 2016 ) + 875 (Jun. 2016 ) + 1009 (Sep. 2016 ) = $-6,605 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

EV/EBITDA (Enterprise value/EBITDA) is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the P/E Ratio to determine the fair market value of a company.

Occidental Petroleum Corp's P/E Ratio for today is calculated as:

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=68.59/-7.17
=

Occidental Petroleum Corp's share price for today is $68.59.
Occidental Petroleum Corp's Earnings Per Share for the trailing twelve months (TTM) ended in Sep. 2016 was -6.77 (Dec. 2015 ) + 0.1 (Mar. 2016 ) + -0.18 (Jun. 2016 ) + -0.32 (Sep. 2016 ) = $-7.17.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Study has found that the companies with the lowest EV/EBITDA outperforms companies measured as cheap by other ratios such as P/E Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Related Terms

Enterprise Value, Earnings Before Depreciation and Amortization, P/E Ratio


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Occidental Petroleum Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
ev2ebitda 4.075.433.288.147.355.236.627.0310.80-11.36

Occidental Petroleum Corp Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
ev2ebitda 7.127.5610.8014.2126.5045.68-11.36-10.38-10.12-9.22
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK