Occidental Petroleum Co. (NYSE:OXY – Free Report) – Stock analysts at Roth Capital lowered their Q2 2025 earnings estimates for Occidental Petroleum in a research report issued on Monday, April 14th. Roth Capital analyst L. Mariani now forecasts that the oil and gas producer will post earnings of $0.31 per share for the quarter, down from their prior forecast of $0.89. The consensus estimate for Occidental Petroleum’s current full-year earnings is $3.58 per share. Roth Capital also issued estimates for Occidental Petroleum’s Q3 2025 earnings at $0.40 EPS, Q4 2025 earnings at $0.60 EPS, FY2025 earnings at $2.19 EPS, Q1 2026 earnings at $0.81 EPS, Q2 2026 earnings at $0.70 EPS and FY2026 earnings at $3.44 EPS.
Occidental Petroleum (NYSE:OXY – Get Free Report) last announced its quarterly earnings results on Tuesday, February 18th. The oil and gas producer reported $0.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.67 by $0.13. The business had revenue of $6.84 billion for the quarter, compared to the consensus estimate of $7.14 billion. Occidental Petroleum had a return on equity of 16.33% and a net margin of 11.37%.
OXY has been the topic of several other reports. JPMorgan Chase & Co. lowered their price target on Occidental Petroleum from $59.00 to $52.00 and set a “neutral” rating on the stock in a research report on Thursday, March 13th. Raymond James downgraded Occidental Petroleum from a “strong-buy” rating to an “outperform” rating and cut their price objective for the stock from $81.00 to $64.00 in a report on Monday, March 10th. Piper Sandler reduced their price target on shares of Occidental Petroleum from $51.00 to $50.00 and set a “neutral” rating for the company in a research report on Thursday, March 6th. Wells Fargo & Company restated an “equal weight” rating on shares of Occidental Petroleum in a report on Friday, February 21st. Finally, Morgan Stanley set a $58.00 price objective on Occidental Petroleum and gave the stock an “overweight” rating in a research report on Wednesday, March 26th. Three equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, Occidental Petroleum has an average rating of “Hold” and a consensus target price of $55.81.
View Our Latest Report on Occidental Petroleum
Occidental Petroleum Stock Performance
Shares of OXY stock opened at $39.72 on Thursday. The firm has a market capitalization of $37.33 billion, a price-to-earnings ratio of 16.28 and a beta of 1.02. The business has a 50 day simple moving average of $45.75 and a 200 day simple moving average of $48.72. Occidental Petroleum has a 12-month low of $34.79 and a 12-month high of $68.43. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.95 and a quick ratio of 0.76.
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. increased its holdings in Occidental Petroleum by 18.1% in the fourth quarter. Vanguard Group Inc. now owns 68,123,704 shares of the oil and gas producer’s stock valued at $3,365,992,000 after purchasing an additional 10,434,098 shares during the last quarter. Berkshire Hathaway Inc grew its holdings in shares of Occidental Petroleum by 3.5% during the fourth quarter. Berkshire Hathaway Inc now owns 264,178,414 shares of the oil and gas producer’s stock worth $13,053,055,000 after buying an additional 8,896,890 shares in the last quarter. Worldquant Millennium Advisors LLC raised its holdings in shares of Occidental Petroleum by 1,075.3% in the fourth quarter. Worldquant Millennium Advisors LLC now owns 1,930,776 shares of the oil and gas producer’s stock valued at $95,400,000 after purchasing an additional 1,766,491 shares during the last quarter. Marshall Wace LLP boosted its stake in shares of Occidental Petroleum by 48.1% during the 4th quarter. Marshall Wace LLP now owns 4,117,777 shares of the oil and gas producer’s stock worth $203,459,000 after buying an additional 1,337,728 shares during the last quarter. Finally, Invesco Ltd. increased its position in shares of Occidental Petroleum by 25.2% during the 4th quarter. Invesco Ltd. now owns 6,357,689 shares of the oil and gas producer’s stock worth $314,133,000 after purchasing an additional 1,278,389 shares during the last quarter. Institutional investors own 88.70% of the company’s stock.
Insider Buying and Selling at Occidental Petroleum
In other Occidental Petroleum news, major shareholder Berkshire Hathaway Inc bought 763,017 shares of Occidental Petroleum stock in a transaction dated Friday, February 7th. The shares were acquired at an average cost of $46.82 per share, with a total value of $35,724,455.94. Following the acquisition, the insider now directly owns 264,941,431 shares of the company’s stock, valued at $12,404,557,799.42. The trade was a 0.29 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.31% of the company’s stock.
Occidental Petroleum Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 10th were paid a $0.24 dividend. The ex-dividend date was Monday, March 10th. This represents a $0.96 dividend on an annualized basis and a yield of 2.42%. This is a boost from Occidental Petroleum’s previous quarterly dividend of $0.22. Occidental Petroleum’s payout ratio is presently 39.34%.
About Occidental Petroleum
Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States, the Middle East, and North Africa. It operates through three segments: Oil and Gas, Chemical, and Midstream and Marketing. The company’s Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas.
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