Fieldview Capital Management LLC Has $524,000 Stake in Occidental Petroleum Corporation $OXY

Fieldview Capital Management LLC decreased its stake in shares of Occidental Petroleum Corporation (NYSE:OXY) by 87.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 11,100 shares of the oil and gas producer’s stock after selling 76,445 shares during the quarter. Fieldview Capital Management LLC’s holdings in Occidental Petroleum were worth $524,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the stock. City Holding Co. increased its stake in Occidental Petroleum by 250.0% during the third quarter. City Holding Co. now owns 700 shares of the oil and gas producer’s stock valued at $33,000 after acquiring an additional 500 shares during the period. GoalVest Advisory LLC bought a new stake in shares of Occidental Petroleum in the 3rd quarter worth approximately $38,000. Tripletail Wealth Management LLC acquired a new stake in shares of Occidental Petroleum during the 3rd quarter worth approximately $49,000. Sumitomo Mitsui Financial Group Inc. acquired a new stake in shares of Occidental Petroleum during the 2nd quarter worth approximately $51,000. Finally, Cary Street Partners Investment Advisory LLC increased its position in shares of Occidental Petroleum by 47.8% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 1,203 shares of the oil and gas producer’s stock valued at $57,000 after purchasing an additional 389 shares during the period. Institutional investors own 88.70% of the company’s stock.

Trending Headlines about Occidental Petroleum

Here are the key news stories impacting Occidental Petroleum this week:

• Positive Sentiment: Short interest fell meaningfully in February (down ~12.6% to ~28.85M shares, ~2.9% of float), lowering potential short-pressure and squeeze risk. (Short-interest ratio ~2.0 days on avg. volume.)
• Positive Sentiment: Options flow shows elevated call volume and directional bullish activity, suggesting some traders are positioning for upside or hedge reductions despite today’s pullback. Occidental Petroleum call volume above normal and directionally bullish
• Positive Sentiment: Occidental expanded a debt tender offer and related amendments, a step that can strengthen the balance sheet and reduce near-term maturities—credit-structure action that investors often view favorably. Occidental Petroleum Expands Debt Tender Offer and Amendments
• Neutral Sentiment: Macro/market commentary — pieces on Buffett’s “war-time” investing playbook and historical playbooks for Gulf conflicts provide context but don’t change OXY’s near-term fundamentals; they explain why oil swings are amplifying energy stocks. Warren Buffett’s War-Time Investing Philosophy Is Playing Out in Real Time
• Neutral Sentiment: Recent positive Q4 earnings, a dividend increase and the previously completed sale of the chemical business are already known to the market and support medium-term fundamentals rather than explaining today’s move. (Referenced in market commentary.)
• Negative Sentiment: Crude price reversal after a war-driven spike is the primary near-term negative: analysts and newsflows cite a rapid decline from recent highs and reports that G-7 countries signaled readiness (but didn’t immediately release) strategic reserves — both actions eased the oil rally and pressured OXY. The War Premium Is Fading: Why I Favor Exxon Mobil Over Occidental Petroleum
• Negative Sentiment: News articles explicitly tie OXY’s intraday fall to the crude pullback and sector-wide profit-taking; with no fresh company-specific negative news, oil volatility and trader de-risking appear to be the catalyst. Occidental Petroleum falls 3.1% as oil prices reverse lower amid Middle East-driven volatility
• Negative Sentiment: Coverage noting possible coordinated reserve releases or easing geopolitical risk (e.g., Barron’s coverage) contributed to the unwind of the recent oil premium and thus downward pressure on energy stocks. Occidental, Other Oil Stocks Drop. What a G-7 Release of Reserves Would Mean.

Wall Street Analyst Weigh In

OXY has been the subject of several research reports. BMO Capital Markets raised their target price on Occidental Petroleum from $48.00 to $60.00 and gave the stock a “market perform” rating in a research report on Monday, February 23rd. Wall Street Zen raised shares of Occidental Petroleum from a “sell” rating to a “hold” rating in a report on Saturday, February 28th. JPMorgan Chase & Co. raised their price objective on shares of Occidental Petroleum from $42.00 to $49.00 and gave the stock an “underweight” rating in a report on Friday, February 20th. Citigroup decreased their target price on shares of Occidental Petroleum from $49.00 to $45.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 19th. Finally, Wolfe Research lowered their target price on shares of Occidental Petroleum from $55.00 to $54.00 and set an “outperform” rating on the stock in a research note on Wednesday, January 21st. Seven analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $51.24.

Insider Buying and Selling

In other news, Director William R. Klesse bought 5,000 shares of the stock in a transaction dated Tuesday, December 16th. The stock was bought at an average cost of $38.98 per share, with a total value of $194,900.00. Following the purchase, the director owned 218,913 shares of the company’s stock, valued at approximately $8,533,228.74. This represents a 2.34% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.49% of the company’s stock.

Occidental Petroleum Trading Down 3.6%

OXY opened at $53.03 on Wednesday. Occidental Petroleum Corporation has a 1-year low of $34.78 and a 1-year high of $56.34. The stock has a market capitalization of $52.31 billion, a PE ratio of 32.94 and a beta of 0.34. The company has a current ratio of 0.94, a quick ratio of 0.74 and a debt-to-equity ratio of 0.73. The firm has a 50-day moving average price of $46.59 and a two-hundred day moving average price of $44.38.

Occidental Petroleum (NYSE:OXY) last released its quarterly earnings results on Wednesday, February 18th. The oil and gas producer reported $0.31 EPS for the quarter, beating the consensus estimate of $0.18 by $0.13. The business had revenue of $5.11 billion for the quarter, compared to analysts’ expectations of $6.02 billion. Occidental Petroleum had a net margin of 9.14% and a return on equity of 9.89%. Occidental Petroleum’s revenue was down 5.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.80 earnings per share. As a group, equities analysts anticipate that Occidental Petroleum Corporation will post 3.58 earnings per share for the current fiscal year.

Occidental Petroleum Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 10th will be issued a dividend of $0.26 per share. The ex-dividend date of this dividend is Tuesday, March 10th. This represents a $1.04 annualized dividend and a yield of 2.0%. This is a positive change from Occidental Petroleum’s previous quarterly dividend of $0.24. Occidental Petroleum’s dividend payout ratio (DPR) is currently 64.60%.

About Occidental Petroleum

Occidental Petroleum Corporation (OXY) is an international energy company engaged primarily in the exploration, production and marketing of oil and natural gas. The company conducts upstream activities to discover and produce hydrocarbons and operates complementary midstream and marketing functions to transport and sell its production. Occidental also owns a chemicals business that manufactures and sells industrial chemicals and related products for a range of end markets.

Occidental’s operations are concentrated in the United States, with a significant presence in the Permian Basin, and it maintains exploration and production activities in several international regions, including parts of the Middle East, Latin America and Africa.