Occidental Petroleum Corporation (OXY)
| Market Cap | 60.65B +45.2% |
| Revenue (ttm) | 23.93B +18.5% |
| Net Income | 6.54B +202.3% |
| EPS | 6.51 +280.5% |
| Shares Out | 999.64M |
| PE Ratio | 17.85 |
| Forward PE | 10.77 |
| Dividend | $1.12 (1.85%) |
| Ex-Dividend Date | Sep 10, 2026 |
| Volume | 8,654,386 |
| Open | 61.80 |
| Previous Close | 61.41 |
| Day's Range | 60.28 - 61.83 |
| 52-Week Range | 38.80 - 67.45 |
| Beta | 0.25 |
| Analysts | Buy |
| Price Target | 69.35 (+14.31%) |
| Earnings Date | Nov 9, 2026 |
About OXY
Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States and internationally. It operates through Oil and Gas and Midstream and Marketing. The Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. This segment also optimizes its transportation and storage capacity and invests in entities. The Midstream and Marketing segment purchases, markets, gathers, processes, tra... [Read more]
Financial Performance
In 2025, Occidental Petroleum's revenue was $21.59 billion, a decrease of -1.93% compared to the previous year's $22.02 billion. Earnings were $1.61 billion, a decrease of -31.81%.
Financial StatementsAnalyst Summary
According to 27 analysts, the average rating for OXY stock is "Buy." The 12-month stock price target is $69.35, which is an increase of 14.31% from the latest price.
News
Occidental price target raised to $64 from $63 at Truist
Truist analyst Gabe Daoud raised the firm’s price target on Occidental (OXY) to $64 from $63 and keeps a Hold rating on the shares ahead of its Q3 results. The…
Occidental price target raised to $71 from $69 at Morgan Stanley
Morgan Stanley analyst Devin McDermott raised the firm’s price target on Occidental (OXY) to $71 from $69 and keeps an Equal Weight rating on the shares. With oil back near…
Occidental initiated with a Sector Perform at Scotiabank
Scotiabank analyst Mark Lear initiated coverage of Occidental (OXY) with a Sector Perform rating and $63 price target
Occidental price target raised to $73 from $67 at UBS
UBS raised the firm’s price target on Occidental (OXY) to $73 from $67 and keeps a Neutral rating on the shares. The firm updated its estimates ahead of the Q3…
Occidental oil prices jump as supply concerns lift crude
Shale producer Occidental Petroleum said in a filing on Tuesday its worldwide average realized oil prices rose 32.6% in the third quarter from a year earlier, as concerns over supply disruptions lin...
Occidental to Announce Third Quarter Results Monday, November 9, 2026; Hold Conference Call Tuesday, November 10, 2026
HOUSTON, Oct. 01, 2026 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) will announce its third quarter 2026 financial results after close of market on Monday, November 9, 2026, and will hold a conference c...
Occidental Stock Gets an Upgrade. 4 Reasons Goldman Loves It.
Occidental's oil recovery capabilities and debt reduction plan can help its cheap stock to rally, analyst Neil Mehta says.
Occidental added to US Conviction List at Goldman Sachs
Goldman Sachs analysts added Occidental (OXY) to the firm’s US Conviction List as part of its monthly update. Goldman believes the company is employing advanced recovery techniques to extend the…
Occidental upgraded to Buy from Neutral at Goldman Sachs
Goldman Sachs analyst Neil Mehta upgraded Occidental (OXY) to Buy from Neutral with a price target of $69, up from $63. The firm believes the company has a “strong outlook”…
Occidental price target raised to $82 from $79 at Wells Fargo
Wells Fargo analyst Sam Margolin raised the firm’s price target on Occidental (OXY) to $82 from $79 and keeps an Overweight rating on the shares. The firm hosted CEO Jackson…
Occidental price target raised to $67 from $59 at UBS
UBS analyst Josh Silverstein raised the firm’s price target on Occidental (OXY) to $67 from $59 and keeps a Neutral rating on the shares. Energy remains attractive as higher oil…
Occidental price target raised to $70 from $65 at Evercore ISI
Evercore ISI analyst Stephen Richardson raised the firm’s price target on Occidental (OXY) to $70 from $65 and keeps an Outperform rating on the shares.
Occidental resumed with a Hold at Stifel
Stifel resumed coverage of Occidental (OXY) with a Hold rating and $68 price target The company’s pursuit of acquisitions could extending its “average runway” in the Midland, the analyst tells…
Seaport starts 16 upstream operators with four Buys, two Sells
Seaport Research initiated coverage of 16 U.S. oil-weighted upstream operators. The firm’s Buy rated names are Devon Energy (DVN), Occidental (OXY), Permian Resources (PR) and Viper Energy (VNOM). Sea...
Occidental initiated with a Buy at Seaport Research
Seaport Research initiated coverage of Occidental (OXY) with a Buy rating and $73 price target
Trump tightens Iran sanctions: 3 stocks that could win, 3 that could get hit
US sanctions on Iran are tightening, but the stock-market trade remains conditional rather than automatic. The Trump administration has targeted Iranian-linked entities, individuals and vessels while ...
Occidental price target lowered to $71 from $75 at Barclays
Barclays analyst Betty Jiang lowered the firm’s price target on Occidental (OXY) to $71 from $75 and keeps an Overweight rating on the shares. The firm adjusted targets in the…
Occidental price target raised to $70 from $67 at Susquehanna
Susquehanna raised the firm’s price target on Occidental (OXY) to $70 from $67 and keeps a Positive rating on the shares. The firm updated its model following Q2 results as…
Occidental price target raised to $63 from $57 at Truist
Truist analyst Gabe Daoud raised the firm’s price target on Occidental (OXY) to $63 from $57 and keeps a Hold rating on the shares. The firm is updating its model…
Occidental price target raised to $69 from $68 at Morgan Stanley
Morgan Stanley raised the firm’s price target on Occidental (OXY) to $69 from $68 and keeps an Equal Weight rating on the shares.
'Our teams continue to outperform,' says Occidental's Richard Jackson
Richard Jackson, Occidental Petroleum CEO and president, joins 'Power Lunch' to discuss the company's quarterly profit, which sailed to its highest since 2022.
Occidental sees flat spending, output in 2027, keeps focus on debt reduction
U.S. oil producer Occidental Petroleum said on Thursday it expects flat production and capital spending in 2027, adding that it would continue to prioritize debt-reduction efforts.
Occidental Petroleum Earnings Call Transcript: Q2 2026
Q2 2026 saw record free cash flow, strong production, and significant debt reduction. The company raised its dividend, advanced cost savings, and outlined a plan for $4 billion in sustainable cash flow growth by 2030, with disciplined capital allocation and operational efficiency at the core.
Occidental Petroleum Slides: Q2 2026
Occidental Petroleum has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 6, 2026.
Occidental Petroleum Earnings release: Q2 2026
Occidental Petroleum released its Q2 2026 earnings on August 6, 2026, summarizing the period's financial results.