Occidental Petroleum Corporation (OXY)
| Market Cap | 56.62B +39.9% |
| Revenue (ttm) | 21.12B -2.9% |
| Net Income | 4.01B +52.5% |
| EPS | 3.99 +61.6% |
| Shares Out | 994.63M |
| PE Ratio | 76.96 |
| Forward PE | 9.68 |
| Dividend | $1.04 (1.83%) |
| Ex-Dividend Date | Jun 10, 2026 |
| Volume | 8,193,066 |
| Open | 58.80 |
| Previous Close | 58.67 |
| Day's Range | 56.85 - 58.89 |
| 52-Week Range | 38.80 - 67.45 |
| Beta | 0.12 |
| Analysts | Hold |
| Price Target | 64.68 (+13.61%) |
| Earnings Date | May 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]
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 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.
News
Occidental price target raised to $75 from $72 at Mizuho
Mizuho raised the firm’s price target on Occidental (OXY) to $75 from $72 and keeps an Outperform rating on the shares. The firm expects the impact of Iran crisis on…
OXY Stock Slides despite Barclays Upgrade
Barclays upgraded Occidental Petroleum ($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…
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...
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
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…
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.
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…
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.
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.
Occidental Petroleum Quarterly report: Q1 2026
Occidental Petroleum has published its Q1 2026 quarterly earnings report on May 6, 2026.
Occidental Petroleum Earnings release: Q1 2026
Occidental Petroleum released its Q1 2026 earnings on May 6, 2026, summarizing the period's financial results.
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.
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.
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.
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.
Occidental Petroleum Annual report: Q4 2025
Occidental Petroleum has published its Q4 2025 annual report on February 19, 2026.
Occidental Petroleum Earnings release: Q4 2025
Occidental Petroleum released its Q4 2025 earnings on February 19, 2026, summarizing the period's financial results.
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.
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.
Occidental Petroleum Earnings release: Q3 2025
Occidental Petroleum released its Q3 2025 earnings on November 11, 2025, summarizing the period's financial results.
Occidental Petroleum Quarterly report: Q3 2025
Occidental Petroleum has published its Q3 2025 quarterly earnings report on November 11, 2025.
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.
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.
Occidental Petroleum Earnings release: Q2 2025
Occidental Petroleum released its Q2 2025 earnings on August 7, 2025, summarizing the period's financial results.
Occidental Petroleum Quarterly report: Q2 2025
Occidental Petroleum has published its Q2 2025 quarterly earnings report on August 7, 2025.