ING Groep NV vs Occidental Petroleum Corporation — how do they compare? ING Groep NV trades at $32.22 (market cap $92.65B), while Occidental Petroleum Corporation trades at $56.48 (market cap $54.89B). The key difference: ING Groep NV is the larger of the two by market cap, and ING Groep NV pays the higher dividend (3.93%). Which is the better fit depends on your goals.
| ING | OXY | |
|---|---|---|
Market Cap | $92.65B | $54.89B |
Sector | Financials | Energy |
52-Week High | $33.31 | $66.24 |
52-Week Low | $22.71 | $38.92 |
Dividend Yield | 3.93% | 1.88% |
Enterprise Value | — | $75.98B |
Trailing returns across standard periods
The merger of the Dutch postal bank and NN Insurance in 1991 created ING. Through a series of further acquisitions ING build up a global footprint. The 2008 financial crisis forced ING to seek government support--a precondition of which was that ING should separate its banking and insurance activities, which saw ING revert to being solely a bank. ING has market- leading banking operations in the Netherlands and Belgium, and a range of digital banks across Europe and Australia. Its global wholesale banking operation is primarily focused on lending.
Read more on ING →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 2021, the company reported net proved reserves of 3.5 billion barrels of oil equivalent. Net production averaged 1,174 thousand barrels of oil equivalent per day in 2021 at a ratio of 75% oil and natural gas liquids and 25% natural gas.
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