Capital One Financial Forecasts OXY FY2025 Earnings

Occidental Petroleum Corporation (NYSE:OXY) – Research analysts at Capital One Financial lifted their FY2025 earnings per share (EPS) estimates for Occidental Petroleum in a report released on Monday, October 13th. Capital One Financial analyst B. Velie now expects that the oil and gas producer will post earnings of $2.16 per share for the year, up from their prior estimate of $2.11. 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 $0.41 EPS.

OXY has been the topic of a number of other reports. Mizuho upgraded Occidental Petroleum from a “neutral” rating to an “outperform” rating and boosted their target price for the stock from $58.00 to $60.00 in a research report on Friday, October 3rd. Scotiabank upped their price objective on Occidental Petroleum from $45.00 to $47.00 and gave the company a “sector perform” rating in a research report on Thursday, October 9th. Hsbc Global Res upgraded Occidental Petroleum from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 3rd. Weiss Ratings restated a “hold (c-)” rating on shares of Occidental Petroleum in a research report on Wednesday, October 8th. Finally, Bank of America upped their price objective on Occidental Petroleum from $44.00 to $47.00 and gave the company a “neutral” rating in a research report on Monday, October 6th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, sixteen have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $52.61.

Occidental Petroleum Stock Down 2.1%

OXY opened at $41.00 on Thursday. The business’s fifty day moving average is $45.53 and its two-hundred day moving average is $43.49. 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 company has a market cap of $40.36 billion, a price-to-earnings ratio of 24.26 and a beta of 0.95. Occidental Petroleum has a one year low of $34.78 and a one year high of $53.20.

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

Hedge Funds Weigh In On Occidental Petroleum

Institutional investors have recently added to or reduced their stakes in the business. OVERSEA CHINESE BANKING Corp Ltd acquired a new position in Occidental Petroleum in the first quarter valued at $1,274,000. Kestra Private Wealth Services LLC increased its stake in Occidental Petroleum by 5.6% in the first quarter. Kestra Private Wealth Services LLC now owns 17,086 shares of the oil and gas producer’s stock valued at $843,000 after purchasing an additional 906 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. increased its stake in Occidental Petroleum by 9.7% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,596,699 shares of the oil and gas producer’s stock valued at $78,813,000 after purchasing an additional 140,528 shares during the last quarter. swisspartners Advisors Ltd acquired a new position in Occidental Petroleum in the first quarter valued at $6,006,000. Finally, Vanguard Personalized Indexing Management LLC increased its stake in Occidental Petroleum by 77.6% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 139,086 shares of the oil and gas producer’s stock worth $5,843,000 after acquiring an additional 60,793 shares during the last quarter. 88.70% of the stock is currently owned by institutional investors and hedge funds.

Occidental Petroleum Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Wednesday, September 10th were paid a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 2.3%. The ex-dividend date was Wednesday, September 10th. Occidental Petroleum’s dividend payout ratio is presently 56.80%.

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.