Occidental Petroleum Corporation (OXY)
| Market Cap | 39.67B |
| Revenue (ttm) | 27.15B |
| Net Income (ttm) | 1.73B |
| Shares Out | 984.44M |
| EPS (ttm) | 1.71 |
| PE Ratio | 23.55 |
| Forward PE | 20.43 |
| Dividend | $0.96 (2.42%) |
| Ex-Dividend Date | Sep 10, 2025 |
| Volume | 9,986,685 |
| Open | 40.00 |
| Previous Close | 39.75 |
| Day's Range | 39.83 - 40.68 |
| 52-Week Range | 34.79 - 53.20 |
| Beta | 0.39 |
| Analysts | Hold |
| Price Target | 50.13 (+24.39%) |
| Earnings Date | Nov 10, 2025 |
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 three segments: Oil and Gas, Chemical, and Midstream and Marketing. The Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. The Chemical segment manufactures and markets basic chemicals, including chlorine, caustic soda, chlorinated organics, potassium chemicals, ethyl... [Read more]
Financial Performance
In 2024, Occidental Petroleum's revenue was $26.73 billion, a decrease of -5.42% compared to the previous year's $28.26 billion. Earnings were $2.41 billion, a decrease of -35.79%.
Financial StatementsAnalyst Summary
According to 23 analysts, the average rating for OXY stock is "Hold." The 12-month stock price target is $50.13, which is an increase of 24.39% from the latest price.
News
Occidental Announces Dividend
HOUSTON, Nov. 05, 2025 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) announced today that its Board of Directors declared a regular quarterly dividend of $0.24 per share on common stock, payable on Janua...
Berkshire's OxyChem Deal: Warren Buffett Provides A Model For Investing In An Overpriced Market
Buffett's acquisition of OxyChem is a model for how to invest when the market as a whole is expensive. The core of his approach is to buy absolute value and ignore market opinions. The context for Buf...
OxyChem Sale Frees Billions For Occidental Petroleum To Boost Upstream Projects
Occidental Petroleum (NYSE:OXY) is repositioning its portfolio and accelerating upstream development following the announced $9.7 billion sale of its OxyChem segment to Berkshire Hathaway (NYSE:BRK) (...
Occidental to Announce Third Quarter Results Monday, November 10, 2025; Hold Conference Call Tuesday, November 11, 2025
HOUSTON, Oct. 09, 2025 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) will announce its third quarter 2025 financial results after close of market on Monday, November 10, 2025, and will hold a conference ...
We Disagree With Mr. Market On Occidental Petroleum
Occidental Petroleum's $9.7 billion sale of OxyChem was punished by the market for several reasons. The company is paying off $6.5 billion in debt, along with additional cash saved, which it can use f...
Time To Buy Occidental Petroleum Stock?
Occidental Petroleum stock (NYSE: OXY) has faced a challenging period. The stock has decreased approximately 20% in the last year, while the S&P 500 has risen 18%.
Occidental Petroleum: Berkshire's Deal For OxyChem Is A Win-Win
Occidental Petroleum benefits from Berkshire Hathaway's $9.7B OxyChem deal, enabling significant debt reduction and a sharper oil and gas focus. OXY will use proceeds to repay $6.5B in long-term debt,...
Warren Buffett's Berkshire Comes to the Aid of Occidental Petroleum—Again
Berkshire's $9.7 billion buy of Occidental's petrochemicals business will allow the company to reduce debt and focus on fossil fuels.
Occidental CEO says chemical divestiture will improve core oil, gas business
Occidental Petroleum will be in a better position to invest in its core oil and gas business after divesting a chemicals unit and will be able to replace the lost cash flow from the division in about ...
S&P 500 Gains & Losses Today: Buffett's Berkshire Buys; Fair Isaac Soars, Equifax Falls
Shares of a data analytics firm took off after the company said it would provide its consumer credit scores directly to firms that give credit reports to mortgage lenders. The move pressured the credi...
Warren Buffett's Berkshire Hathaway buys OxyChem for $9.7 billion
Berkshire Hathaway is buying Occidental Petroleum's chemical division for $9.7 billion in what may be the last big acquisition involving the consummate dealmaker, Warren Buffett.
Berkshire Hathaway to buy Occidental Petroleum's chemicals arm for $9.7B
Warren Buffett's Berkshire Hathaway will acquire Occidental Petroleum's OxyChem chemicals arm for $9.7 billion. Berkshire is Occidental's largest shareholder.
Occidental Petroleum CEO on Berkshire Hathaway buying OxyChem for $9.7 billion
Warren Buffett's Berkshire Hathaway announced Thursday it reached a deal to buy Occidental Petroleum's petrochemical unit, OxyChem, for $9.7 billion in cash. Occidental CEO Vicki Hollub explains what ...
What to know about Berkshire's $9.7 billion deal to buy OxyChem, Buffett's biggest deal since 2022
CNBC's “Money Movers” team discusses Berkshire Hathaway's decision to buy Occidental Petroleum's petrochemical unit, OxyChem, for $9.7 billion in cash with Leo Mariani, senior research analyst at Roth...
Berkshire Hathaway buying OxyChem for $9.7B — could be Warren Buffett's last big deal
It's Buffett's largest deal since the $11.6 billion acquisition of Alleghany Insurance in 2022.
Berkshire Hathaway to buy Occidental's petrochemical business in all-cash deal worth $9.7 billion
Berkshire Hathaway (BRK-B, BRK-A) will buy Occidental Petroleum's (OXY) pretrochemical business in a $9.7 billion deal. Yahoo Finance Head of News Myles Udland outlines the takeaways of the deal, spec...
Trump threatens cuts to US agencies amid shutdown, Berkshire to acquire OxyChem for $9.7 billion
Morning Brief host Allie Canal reports the latest financial news for October 2, 2025. The US government's shutdown continues into its second day.
Berkshire Buying Occidental's Chemical Unit in $9.7 Billion Deal
Warren Buffett's Berkshire Hathaway Inc. will buy Occidental Petroleum Corp.'s petrochemical business for about $9.7 billion in cash in a transaction expected to close in the fourth quarter. Matthew P...
INTC Eyes AMD as Foundry Customer, Berkshire's $9.7B OXY Purchase, FICO Soars
Reports of Intel (INTC) seeking AMD Inc. (AMD) as a foundry customer has ignited sharp trading action in both stocks Thursday morning. Diane King Hall notes that it's sparking rallies in other A.I.
Occidental Petroleum CEO: $9.7B Berkshire-OxyChem deal brings forward value to our shareholders
Vicki Hollub, Occidental Petroleum CEO, joins 'Squawk Box' to discuss Berkshire Hathaway's $9.7 billion deal to acquire the company's chemical business OxyChem, what the company plans to do with $9.7B...
Berkshire Hathaway to buy Occidental's OxyChem for $9.7 billion
CNBC's Becky Quick reports on the latest news.
Berkshire Hathaway to Acquire OxyChem From Occidental for $9.7 Billion
Berkshire will acquire the chemical business in an all-cash transaction.
Occidental Promotes Richard A. Jackson to Senior Vice President and Chief Operating Officer
HOUSTON, Oct. 02, 2025 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) announced today that its Board of Directors has promoted Richard A. Jackson to Senior Vice President and Chief Operating Officer, over...
Occidental to sell OxyChem unit to Berkshire for $9.7 billion
Occidental Petroleum said on Thursday it would sell its petrochemical division to Warren Buffett's Berkshire Hathaway for $9.7 billion, as the U.S. oil and gas producer looks to pare debt.
Berkshire Hathaway to buy Occidental's OxyChem for $9.7 billion, in Buffett's biggest deal in three years
Warren Buffett is staying active even as he gets ready to hand over the CEO reins at the end of this year.