What is Occidental Petroleum Capex-to-Operating-Income?
Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.
Hence, Occidental Petroleum's Capex-to-Operating-Income for the
three
months ended in Sep. 2024 was 0.91.
Occidental Petroleum Capex-to-Operating-Income Historical Data
The historical data trend for Occidental Petroleum's Capex-to-Operating-Income can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Occidental Petroleum's Capex-to-Operating-Income
For the Oil & Gas E&P subindustry, Occidental Petroleum's Capex-to-Operating-Income, along with its competitors' market caps and Capex-to-Operating-Income 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's Capex-to-Operating-Income Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Occidental Petroleum's Capex-to-Operating-Income distribution charts can be found below:
* The bar in red indicates where Occidental Petroleum's Capex-to-Operating-Income falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Capex-to-Operating-Income assesses how much emphasis a company is placing upon investing in capital-intensive projects. The ratio is generally a good gauge to quantify how much focus on growth a company has. Typically, smaller companies that are still growing and expanding will have a higher Capex to Operating Income Ratio, since such businesses are likely investing more in physical assets. Lower ratios could indicate that a company has reached maturity and it is no longer pursuing aggressive growth.
Occidental Petroleum Capex-to-Operating-Income Related Terms
Thank you for viewing the detailed overview of Occidental Petroleum's Capex-to-Operating-Income provided by GuruFocus.com. Please click on the following links to see related term pages.
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 2023, the company reported net proved reserves of nearly 4 billion barrels of oil equivalent. Net production averaged 1,234 thousand barrels of oil equivalent per day in 2023 at a ratio of roughly 50% oil and natural gas liquids and 50% natural gas.
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