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Occidental Petroleum (MEX:OXY1) E10 : MXN-12.41 (As of Dec. 2024)


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What is Occidental Petroleum E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Occidental Petroleum's adjusted earnings per share data for the three months ended in Dec. 2024 was MXN-6.674. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN-12.41 for the trailing ten years ended in Dec. 2024.

During the past 3 years, the average E10 Growth Rate was 1.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Occidental Petroleum was 40.80% per year. The lowest was -68.70% per year. And the median was 11.40% per year.

As of today (2025-03-17), Occidental Petroleum's current stock price is MXN930.00. Occidental Petroleum's E10 for the quarter that ended in Dec. 2024 was MXN-12.41. Occidental Petroleum's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Occidental Petroleum was 141.95. The lowest was 3.98. And the median was 16.96.


Occidental Petroleum E10 Historical Data

The historical data trend for Occidental Petroleum's E10 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.

* Premium members only.

Occidental Petroleum E10 Chart

Occidental Petroleum Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.45 -13.20 -3.11 -12.38 -12.41

Occidental Petroleum Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -12.38 -14.54 -19.24 -22.78 -12.41

Competitive Comparison of Occidental Petroleum's E10

For the Oil & Gas E&P subindustry, Occidental Petroleum's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio 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 Shiller PE Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Occidental Petroleum's Shiller PE Ratio falls into.



Occidental Petroleum E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Occidental Petroleum's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=-6.674/133.1571*133.1571
=-6.674

Current CPI (Dec. 2024) = 133.1571.

Occidental Petroleum Quarterly Data

per share eps CPI Adj_EPS
201503 -4.269 99.621 -5.706
201506 3.609 100.684 4.773
201509 -57.791 100.392 -76.653
201512 -116.582 99.792 -155.560
201603 1.721 100.470 2.281
201606 -3.329 101.688 -4.359
201609 -6.187 101.861 -8.088
201612 -7.422 101.863 -9.702
201703 2.824 102.862 3.656
201706 11.930 103.349 15.371
201709 4.537 104.136 5.801
201712 12.766 104.011 16.343
201803 16.714 105.290 21.138
201806 21.614 106.317 27.071
201809 45.640 106.507 57.060
201812 18.261 105.998 22.940
201903 16.294 107.251 20.230
201906 16.135 108.070 19.881
201909 -21.321 108.329 -26.207
201912 -28.290 108.420 -34.745
202003 -58.386 108.902 -71.390
202006 -210.509 108.767 -257.713
202009 -89.910 109.815 -109.021
202012 -28.048 109.897 -33.985
202103 -7.563 111.754 -9.011
202106 -1.991 114.631 -2.313
202109 13.365 115.734 15.377
202112 28.104 117.630 31.814
202203 92.586 121.301 101.635
202206 69.809 125.017 74.355
202209 50.690 125.227 53.900
202212 33.923 125.222 36.073
202303 18.025 127.348 18.847
202306 10.801 128.729 11.173
202309 20.903 129.860 21.434
202312 18.332 129.419 18.861
202403 12.447 131.776 12.577
202406 18.870 132.554 18.956
202409 19.296 133.029 19.315
202412 -6.674 133.157 -6.674

Add all the adjusted EPS together and divide 10 will get our e10.


Occidental Petroleum  (MEX:OXY1) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

During the past 13 years, the highest Shiller P/E Ratio of Occidental Petroleum was 141.95. The lowest was 3.98. And the median was 16.96.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Occidental Petroleum E10 Related Terms

Thank you for viewing the detailed overview of Occidental Petroleum's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


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 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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