Occidental Petroleum Corporation (NYSE:OXY – Free Report) – Research analysts at Capital One Financial lowered their FY2025 earnings per share estimates for shares of Occidental Petroleum in a research report issued to clients and investors on Monday, August 18th. Capital One Financial analyst B. Velie now expects that the oil and gas producer will post earnings per share of $2.48 for the year, down from their prior estimate of $2.61. The consensus estimate for Occidental Petroleum’s current full-year earnings is $3.58 per share. Capital One Financial also issued estimates for Occidental Petroleum’s Q4 2025 earnings at $0.66 EPS, Q1 2026 earnings at $0.53 EPS, Q2 2026 earnings at $0.53 EPS, Q3 2026 earnings at $0.53 EPS, Q4 2026 earnings at $0.53 EPS, FY2026 earnings at $2.13 EPS and FY2027 earnings at $2.03 EPS.
Other equities analysts also recently issued reports about the company. Mizuho dropped their price objective on Occidental Petroleum from $60.00 to $58.00 and set a “neutral” rating for the company in a research note on Tuesday, May 13th. Citigroup raised their price objective on Occidental Petroleum from $42.00 to $44.00 and gave the company a “neutral” rating in a research note on Monday, May 19th. Wall Street Zen downgraded Occidental Petroleum from a “hold” rating to a “sell” rating in a research note on Saturday, August 9th. Morgan Stanley reissued an “equal weight” rating and set a $52.00 price target on shares of Occidental Petroleum in a research report on Monday. Finally, Piper Sandler raised their price target on Occidental Petroleum from $48.00 to $50.00 and gave the stock a “neutral” rating in a research report on Thursday, July 17th. Four equities research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $54.65.
Occidental Petroleum Stock Up 0.6%
OXY opened at $44.2450 on Wednesday. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.05 and a quick ratio of 0.83. The business has a 50 day simple moving average of $44.18 and a 200-day simple moving average of $44.11. The stock has a market capitalization of $43.56 billion, a P/E ratio of 26.18 and a beta of 0.91. Occidental Petroleum has a 12 month low of $34.78 and a 12 month high of $58.47.
Occidental Petroleum (NYSE:OXY – Get Free Report) last posted its quarterly earnings results on Wednesday, August 6th. The oil and gas producer reported $0.39 EPS for the quarter, beating the consensus estimate of $0.38 by $0.01. The business had revenue of $6.41 billion during the quarter, compared to analysts’ expectations of $6.29 billion. Occidental Petroleum had a return on equity of 13.78% and a net margin of 8.79%.The company’s quarterly revenue was down 6.1% compared to the same quarter last year. During the same period last year, the firm earned $1.03 EPS.
Occidental Petroleum Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Wednesday, September 10th will be issued a dividend of $0.24 per share. The ex-dividend date is Wednesday, September 10th. This represents a $0.96 annualized dividend and a dividend yield of 2.2%. Occidental Petroleum’s dividend payout ratio (DPR) is 56.80%.
Institutional Investors Weigh In On Occidental Petroleum
Several hedge funds have recently made changes to their positions in OXY. University of Texas Texas AM Investment Management Co. acquired a new stake in shares of Occidental Petroleum during the second quarter worth $27,000. Bernard Wealth Management Corp. acquired a new stake in shares of Occidental Petroleum during the fourth quarter worth $32,000. Grove Bank & Trust boosted its holdings in shares of Occidental Petroleum by 129.2% during the first quarter. Grove Bank & Trust now owns 722 shares of the oil and gas producer’s stock worth $36,000 after purchasing an additional 407 shares during the last quarter. Hantz Financial Services Inc. boosted its holdings in shares of Occidental Petroleum by 1,193.9% during the second quarter. Hantz Financial Services Inc. now owns 854 shares of the oil and gas producer’s stock worth $36,000 after purchasing an additional 788 shares during the last quarter. Finally, American National Bank & Trust acquired a new stake in shares of Occidental Petroleum during the first quarter worth $39,000. Institutional investors and hedge funds own 88.70% of the company’s stock.
Occidental Petroleum Company Profile
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.
See Also
- Five stocks we like better than Occidental Petroleum
- Golden Cross Stocks: Pattern, Examples and Charts
- Lowe’s Builds Value for Investors: Still a Good Buy in 2025
- What Are Dividend Contenders? Investing in Dividend Contenders
- Jackson Hole 2025: Fed’s Signal Could Shift Stocks Fast
- Large Cap Stock Definition and How to Invest
- Rocket Lab Stock: Breakout Brewing or Time for Patience?
Receive News & Ratings for Occidental Petroleum Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Occidental Petroleum and related companies with MarketBeat.com's FREE daily email newsletter.