Occidental Petroleum Corporation (OXY)

NYSE: OXY · Real-Time Price · USD
40.90
-0.14 (-0.34%)
At close: Oct 17, 2025, 4:00 PM EDT
41.00
+0.10 (0.24%)
After-hours: Oct 17, 2025, 7:59 PM EDT
-0.34%
Market Cap40.26B
Revenue (ttm)27.15B
Net Income (ttm)1.73B
Shares Out 984.44M
EPS (ttm)1.71
PE Ratio23.90
Forward PE19.51
Dividend$0.96 (2.35%)
Ex-Dividend DateSep 10, 2025
Volume9,536,377
Open40.80
Previous Close41.04
Day's Range40.52 - 41.07
52-Week Range34.79 - 53.20
Beta0.95
AnalystsHold
Price Target50.30 (+22.98%)
Earnings DateNov 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]

Sector Energy
Founded 1920
Employees 13,323
Stock Exchange NYSE
Ticker Symbol OXY
Full Company Profile

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 Statements

Analyst Summary

According to 23 analysts, the average rating for OXY stock is "Hold." The 12-month stock price target is $50.3, which is an increase of 22.98% from the latest price.

Price Target
$50.3
(22.98% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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) (...

4 days ago - Benzinga

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 ...

9 days ago - GlobeNewsWire

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...

9 days ago - Seeking Alpha

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%.

10 days ago - Forbes

5 Stocks In The Spotlight Last Week: Wall Street's Most Accurate Analysts Weigh In

U.S. stocks settled mostly higher on Friday, with the Dow Jones index gaining more than 200 points during the session as investors shrugged off government shutdown concerns and a missing jobs report.

Other symbols: AVAVCMEHOOD
12 days ago - Benzinga

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,...

16 days ago - Seeking Alpha

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.

16 days ago - WSJ

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 ...

16 days ago - Reuters

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...

Other symbols: FICO
16 days ago - Investopedia

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.

16 days ago - Fast Company

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.

16 days ago - Fox Business

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 ...

16 days ago - CNBC Television

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...

16 days ago - CNBC Television

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.

16 days ago - New York Post

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...

16 days ago - Yahoo Finance

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.

16 days ago - Yahoo Finance

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...

16 days ago - Bloomberg Markets and Finance

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.

Other symbols: AMDINTCFICO
16 days ago - Schwab Network

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...

16 days ago - CNBC Television

Berkshire Hathaway to buy Occidental's OxyChem for $9.7 billion

CNBC's Becky Quick reports on the latest news.

16 days ago - CNBC Television

Berkshire Hathaway to Acquire OxyChem From Occidental for $9.7 Billion

Berkshire will acquire the chemical business in an all-cash transaction.

16 days ago - Barrons

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...

16 days ago - GlobeNewsWire

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.

16 days ago - Reuters

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.

16 days ago - CNBC

Berkshire Hathaway Inc. to Acquire OxyChem

OMAHA, Neb. & HOUSTON--(BUSINESS WIRE)--Berkshire Hathaway (NYSE: BRK) and Occidental (NYSE: OXY) today announced a definitive agreement for Berkshire Hathaway to acquire Occidental's chemical busines...

16 days ago - Business Wire