Occidental Petroleum Corporation (OXY)

NYSE: OXY · Real-Time Price · USD
56.93
-1.74 (-2.97%)
At close: Jun 5, 2026, 4:00 PM EDT
57.04
+0.11 (0.19%)
After-hours: Jun 5, 2026, 7:57 PM EDT
Market Cap56.62B +39.9%
Revenue (ttm)21.12B -2.9%
Net Income4.01B +52.5%
EPS3.99 +61.6%
Shares Out 994.63M
PE Ratio76.96
Forward PE9.68
Dividend$1.04 (1.83%)
Ex-Dividend DateJun 10, 2026
Volume8,193,066
Open58.80
Previous Close58.67
Day's Range56.85 - 58.89
52-Week Range38.80 - 67.45
Beta0.12
AnalystsHold
Price Target64.68 (+13.61%)
Earnings DateMay 5, 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]

Sector Energy
Founded 1920
Employees 10,412
Stock Exchange NYSE
Ticker Symbol OXY
Full Company Profile

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 Statements

Analyst Summary

According to 19 analysts, the average rating for OXY stock is "Hold." The 12-month stock price target is $64.68, which is an increase of 13.61% from the latest price.

Price Target
$64.68
(13.61% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Occidental price target raised to $75 from $72 at Mizuho

Mizuho raised the firm’s price target on Occidental (OXY) to $75 from $72 and keeps an Outperform rating on the shares. The firm expects the impact of Iran crisis on…

10 days ago - TheFly

OXY Stock Slides despite Barclays Upgrade

Barclays upgraded Occidental Petroleum ($OXY) to Buy from Hold and raised its price target to $72 from $59. Four-star analyst Betty Jiang argued that oil-focused energy companies could be heading…

11 days ago - TipRanks

Occidental acquires 10% interest in Exxon block offshore Trinidad, Reuters says

Occidental Petroleum (OXY) is buying a 10% interest in Exxon Mobil’s (XOM) deepwater exploration block offshore Trinidad and Tobago, Reuters’ Curtis Williams reports, citing two people familiar with t...

Other symbols: XOM
11 days ago - TheFly

Occidental upgraded to Overweight from Equal Weight at Barclays

Barclays analyst Betty Jiang upgraded Occidental (OXY) to Overweight from Equal Weight with a $72 price target

11 days ago - TheFly

Barclays upgrades Occidental to Overweight on higher oil prices

Barclays upgraded Occidental (OXY) to Overweight from Equal Weight with a price target of $72, up from $59. At higher oil prices, the company should reach its debt target and…

11 days ago - TheFly

Occidental price target raised to $74 from $73 at Morgan Stanley

Morgan Stanley analyst Devin McDermott raised the firm’s price target on Occidental (OXY) to $74 from $73 and keeps an Equal Weight rating on the shares.

15 days ago - TheFly

Occidental upgraded to Neutral from Sell at Goldman Sachs

Goldman Sachs upgraded Occidental (OXY) to Neutral from Sell with a price target of $64, up from $57. The firm is citing meaningful progress on lowering absolute debt following asset…

17 days ago - TheFly

Occidental Petroleum Earnings Call Transcript: Q1 2026

Q1 2026 saw strong operational and financial results, with production and free cash flow exceeding guidance. Leadership transition is underway, debt reduction remains a top priority, and the outlook is robust despite Middle East disruptions and market volatility.

4 weeks ago - Transcripts

Occidental Petroleum Slides: Q1 2026

Occidental Petroleum has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 6, 2026.

4 weeks ago - Filings

Occidental Petroleum Quarterly report: Q1 2026

Occidental Petroleum has published its Q1 2026 quarterly earnings report on May 6, 2026.

4 weeks ago - Filings

Occidental Petroleum Earnings release: Q1 2026

Occidental Petroleum released its Q1 2026 earnings on May 6, 2026, summarizing the period's financial results.

4 weeks ago - Filings

Occidental Petroleum Transcript: AGM 2026

The meeting highlighted record operational and financial achievements, a strengthened balance sheet, and a major leadership transition. Shareholders approved all proposals with strong support, and the dividend was increased over 8%. Strategic focus remains on efficiency, AI, and risk management.

5 weeks ago - Transcripts

Occidental Petroleum Proxy statement: Proxy filing

Occidental Petroleum filed a proxy statement on March 19, 2026, providing details for shareholder voting and corporate governance matters.

2 months ago - Filings

Occidental Petroleum Proxy statement: Proxy filing

Occidental Petroleum filed a proxy statement on March 19, 2026, providing details for shareholder voting and corporate governance matters.

2 months ago - Filings

Occidental Petroleum Earnings Call Transcript: Q4 2025

Record operational and financial results in 2025 included $4.3B free cash flow, a 27% increase in cash flow from operations, and a new production record. 2026 guidance features lower capital spending, 1% production growth, and an 8% dividend increase, with continued focus on cost efficiency and debt reduction.

3 months ago - Transcripts

Occidental Petroleum Annual report: Q4 2025

Occidental Petroleum has published its Q4 2025 annual report on February 19, 2026.

3 months ago - Filings

Occidental Petroleum Earnings release: Q4 2025

Occidental Petroleum released its Q4 2025 earnings on February 19, 2026, summarizing the period's financial results.

3 months ago - Filings

Occidental Petroleum Slides: Q4 2025

Occidental Petroleum has posted slides in relation to its Q4 2025 quarterly earnings report, which was published on February 19, 2026.

3 months ago - Filings

Occidental Petroleum Earnings Call Transcript: Q3 2025

OxyChem sale marks a strategic shift, enabling debt reduction and focus on high-return oil and gas assets. Q3 saw record production, strong cash flow, and cost efficiencies, with 2026 guidance targeting flat to modest growth and flexible capital allocation.

7 months ago - Transcripts

Occidental Petroleum Earnings release: Q3 2025

Occidental Petroleum released its Q3 2025 earnings on November 11, 2025, summarizing the period's financial results.

7 months ago - Filings

Occidental Petroleum Quarterly report: Q3 2025

Occidental Petroleum has published its Q3 2025 quarterly earnings report on November 11, 2025.

7 months ago - Filings

Occidental Petroleum Slides: Q3 2025

Occidental Petroleum has posted slides in relation to its Q3 2025 quarterly earnings report, which was published on November 11, 2025.

7 months ago - Filings

Occidental Petroleum Earnings Call Transcript: Q2 2025

Q2 2025 saw strong cash flow and operational outperformance despite lower oil prices, with $7.5B in debt repaid and $4B in divestitures since 2024. Stratos DAC hit milestones, and cost reductions drove improved margins, while OxyChem faces ongoing margin pressure from global oversupply.

10 months ago - Transcripts

Occidental Petroleum Earnings release: Q2 2025

Occidental Petroleum released its Q2 2025 earnings on August 7, 2025, summarizing the period's financial results.

10 months ago - Filings

Occidental Petroleum Quarterly report: Q2 2025

Occidental Petroleum has published its Q2 2025 quarterly earnings report on August 7, 2025.

10 months ago - Filings