Occidental Petroleum Corporation (OXY)
| Market Cap | 55.89B +33.5% |
| Revenue (ttm) | 23.93B +18.5% |
| Net Income | 6.54B +202.3% |
| EPS | 6.51 +280.5% |
| Shares Out | 999.64M |
| PE Ratio | 16.45 |
| Forward PE | 12.41 |
| Dividend | $1.12 (2.00%) |
| Ex-Dividend Date | Sep 10, 2026 |
| Volume | 7,683,234 |
| Open | 55.75 |
| Previous Close | 56.04 |
| Day's Range | 55.13 - 56.45 |
| 52-Week Range | 38.80 - 67.45 |
| Beta | 0.16 |
| Analysts | Buy |
| Price Target | 65.83 (+17.74%) |
| Earnings Date | Aug 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 24 analysts, the average rating for OXY stock is "Buy." The 12-month stock price target is $65.83, which is an increase of 17.74% from the latest price.
News
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.
Occidental price target raised to $79 from $72 at Wells Fargo
Wells Fargo raised the firm’s price target on Occidental (OXY) to $79 from $72 and keeps an Overweight rating on the shares. It’s not “all about that base” as Occidental…
'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
Strong operational and financial performance drove record free cash flow and production, with significant debt reduction and an 8% dividend increase. Sustainable cash flow growth is on track, supported by cost efficiencies, disciplined capital allocation, and robust U.S. asset performance.
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.
Occidental Petroleum Quarterly report: Q2 2026
Occidental Petroleum has published its Q2 2026 quarterly earnings report on August 6, 2026.
Occidental price target raised to $78 from $75 at Mizuho
Mizuho raised the firm’s price target on Occidental (OXY) to $78 from $75 and keeps an Outperform rating on the shares.
Occidental price target raised to $75 from $72 at Barclays
Barclays raised the firm’s price target on Occidental (OXY) to $75 from $72 and keeps an Overweight rating on the shares.
Shale producer Occidental Petroleum beats quarterly profit estimates
U.S. shale producer Occidental Petroleum reported its highest quarterly profit since 2022, surpassing Wall Street expectations on Wednesday, helped by higher oil prices and production.
Occidental Announces Second Quarter 2026 Results
HOUSTON, Aug. 05, 2026 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced its second quarter 2026 financial results. The earnings release and accompanying financial schedules can be accessed v...
Occidental names Brad Pollack as SVP, general counsel
Occidental (OXY) announced that Brad Pollack has been appointed Senior Vice President and General Counsel, effective August 1, 2026, overseeing the company’s global legal department. Pollack will succ...
Occidental Names Brad Pollack Senior Vice President and General Counsel
HOUSTON, July 31, 2026 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) announced today that Brad Pollack has been appointed Senior Vice President and General Counsel, effective August 1, 2026, overseeing t...
Big Oil Is Raking In Billions From the Iran War. Can It Avoid Trump's Fury?
The industry is contending with one of its toughest challenges yet under the Republican administration.
Top 3 stocks that could rally if oil settles above $100
Oil prices remain at the forefront of all financial debates as the US-Iran conflict and the related friction in the Strait of Hormuz continue. While rising energy prices often create widespread macroe...
Occidental price target lowered to $60 from $62 at Citi
Citi analyst Scott Gruber lowered the firm’s price target on Occidental (OXY) to $60 from $62 and keeps a Neutral rating on the shares. The firm believes the new CEO…
Occidental price target lowered to $69 from $73 at Stephens
Stephens lowered the firm’s price target on Occidental (OXY) to $69 from $73 and keeps an Overweight rating on the shares. The firm’s Q2 cash flow per share and free…
Occidental's quarterly realized oil prices jump amid Iran war disruption
Shale producer Occidental Petroleum said in a filing on Friday its worldwide average realized oil prices rose 38.4% in the second quarter compared with the previous three months, driven by higher be...
Occidental Petroleum (OXY) Pops After Top-Rated Evercore Analyst Double-Upgrades the Stock to Buy
Occidental Petroleum ($OXY) rose about 4% on Wednesday after Evercore ISI analyst Stephen Richardson double-upgraded the stock to Buy from Sell and lifted his price target to $65 (21.3% upside…
Occidental to Announce Second Quarter Results Wednesday, August 5, 2026; Hold Conference Call Thursday, August 6, 2026
HOUSTON, July 01, 2026 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) will announce its second quarter 2026 financial results after close of market on Wednesday, August 5, 2026, and will hold a conference...
Occidental's new CEO tested by debt, lagging stock price and big dividend payments to Berkshire
In not quite a month as Occidental Petroleum's CEO, Richard Jackson has already been challenged with looking for ways to lift a lagging stock price and pay down more debt.
Why energy could be a great place to invest even with oil prices retreating — 5 stocks to buy
What matters most is not how many ships are leaving the Strait of Hormuz, but how many are going in. The latest "behind-the-meter" deal as Chevron makes 20-year natural gas partnership with Microsoft ...
Tuttle: Brace for Months of Elevated Oil Prices, Stock Picks in RKLB, OXY & SEDG
Matthew Tuttle remains a buyer of oil stocks, even as headlines Friday point to a U.S.-Iran deal never being closer. He sees the headwinds lasting for months, causing prices to stay elevated.