Occidental Petroleum (NYSE:OXY) Shares Acquired Rep. Gilbert Ray Cisneros, Jr.

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of Occidental Petroleum Corporation (NYSE:OXY). In a filing disclosed on September 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in Occidental Petroleum stock on August 5th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Semtech (NASDAQ:SMTC) on 9/2/2025.
• Sold $1,001 – $15,000 in shares of Chart Industries (NYSE:GTLS) on 9/2/2025.
• Purchased $1,001 – $15,000 in shares of Avient (NYSE:AVNT) on 9/2/2025.
• Sold $1,001 – $15,000 in shares of Amdocs (NASDAQ:DOX) on 8/27/2025.
• Sold $1,001 – $15,000 in shares of Amdocs (NASDAQ:DOX) on 8/26/2025.
• Purchased $1,001 – $15,000 in shares of Intapp (NASDAQ:INTA) on 8/26/2025.
• Purchased $1,001 – $15,000 in shares of APi Group (NYSE:APG) on 8/26/2025.
• Purchased $1,001 – $15,000 in shares of Waters (NYSE:WAT) on 8/26/2025.
• Purchased $1,001 – $15,000 in shares of Semtech (NASDAQ:SMTC) on 8/26/2025.
• Sold $1,001 – $15,000 in shares of Fortive (NYSE:FTV) on 8/26/2025.

Occidental Petroleum Stock Down 2.5%

Occidental Petroleum stock opened at $46.16 on Monday. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.83 and a current ratio of 1.05. The business’s 50-day simple moving average is $45.07 and its two-hundred day simple moving average is $43.79. The company has a market cap of $45.44 billion, a PE ratio of 27.31 and a beta of 1.04. Occidental Petroleum Corporation has a fifty-two week low of $34.78 and a fifty-two week high of $56.49.

Occidental Petroleum (NYSE:OXY) last posted its quarterly earnings results on Wednesday, August 6th. The oil and gas producer reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.38 by $0.01. Occidental Petroleum had a return on equity of 13.78% and a net margin of 8.79%.The business had revenue of $6.41 billion for the quarter, compared to the consensus estimate of $6.29 billion. During the same quarter in the previous year, the business earned $1.03 EPS. The company’s quarterly revenue was down 6.1% compared to the same quarter last year. Equities analysts anticipate that Occidental Petroleum Corporation will post 3.58 EPS for the current year.

Occidental Petroleum Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Wednesday, September 10th will be paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 2.1%. The ex-dividend date is Wednesday, September 10th. Occidental Petroleum’s payout ratio is presently 56.80%.

Analyst Ratings Changes

A number of brokerages have recently commented on OXY. Melius began coverage on Occidental Petroleum in a research note on Wednesday, August 20th. They issued a “hold” rating and a $64.00 target price on the stock. Melius Research began coverage on Occidental Petroleum in a research note on Wednesday, August 20th. They issued a “hold” rating and a $64.00 target price on the stock. Mizuho lowered their target price on Occidental Petroleum from $65.00 to $58.00 and set a “neutral” rating on the stock in a research note on Monday, September 15th. Wall Street Zen downgraded Occidental Petroleum from a “hold” rating to a “sell” rating in a research note on Saturday, August 9th. Finally, Piper Sandler upped their price target on Occidental Petroleum from $48.00 to $50.00 and gave the stock a “neutral” rating in a report on Thursday, July 17th. Four investment analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Occidental Petroleum currently has a consensus rating of “Hold” and a consensus price target of $54.70.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. University of Texas Texas AM Investment Management Co. purchased a new position in Occidental Petroleum in the second quarter worth approximately $27,000. Bernard Wealth Management Corp. purchased a new position in Occidental Petroleum in the fourth quarter worth approximately $32,000. Grove Bank & Trust boosted its position 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 buying an additional 407 shares during the period. American National Bank & Trust acquired a new stake in shares of Occidental Petroleum in the first quarter valued at $39,000. Finally, Caitong International Asset Management Co. Ltd purchased a new stake in shares of Occidental Petroleum in the 1st quarter valued at $39,000. 88.70% of the stock is currently owned by hedge funds and other institutional investors.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

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.