Occidental Petroleum Corporation (OXY)

NYSE: OXY · Real-Time Price · USD
41.83
-0.08 (-0.19%)
Jun 5, 2025, 3:55 PM - Market open
-0.19%
Market Cap 41.17B
Revenue (ttm) 27.55B
Net Income (ttm) 2.46B
Shares Out 984.13M
EPS (ttm) 2.47
PE Ratio 16.98
Forward PE 16.84
Dividend $0.96 (2.29%)
Ex-Dividend Date Jun 10, 2025
Volume 5,118,837
Open 42.28
Previous Close 41.91
Day's Range 41.70 - 42.32
52-Week Range 34.79 - 64.76
Beta 0.85
Analysts Hold
Price Target 51.06 (+22.07%)
Earnings Date May 7, 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
Country United States
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 Forecast

According to 19 analysts, the average rating for OXY stock is "Hold." The 12-month stock price forecast is $51.06, which is an increase of 22.07% from the latest price.

Price Target
$51.06
(22.07% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Occidental Vs. Chevron: Buffett Bought Both, But Which Is Better For You?

Occidental and Chevron are two excellent but very different oil companies. Chevron is an excellent dividend/total return stock, while OXY should provide capital gains as well. OXY is somewhat misdescr...

Other symbols: CVX
2 days ago - Seeking Alpha

Buffett's May DiviDogs Tag Ally As A "Safer" Buy

Berkshire Hathaway's latest moves include doubling down on Constellation Brands and increasing stakes in Domino's Pizza, Pool, and Sirius XM, while dropping Citigroup, DaVita, and Nu Holdings. Top Ber...

8 days ago - Seeking Alpha

Occidental Petroleum: Why This Could Be A Treasury Alternative

Occidental Petroleum stands out with its Permian Basin dominance, global diversification, and leadership in low-carbon technology, making it a compelling energy investment. OXY's operational efficienc...

9 days ago - Seeking Alpha

Historic Buying Opportunity: 5-7% Yields With Big Buybacks And Deep Discounts To NAV

Being able to buy high-yield, high-buyback stocks with solid balance sheets at deep discounts to NAV is extremely rare. However, there are several opportunities like this in today's market. I share tw...

9 days ago - Seeking Alpha

Forget About Dividend Yield, Do This Instead

Focus on dividend sustainability and business quality, not just high yield, to build reliable passive income. Avoid overexposure to cyclical sectors; prioritize companies with resilient dividends thro...

Other symbols: AAPLBACCCOPCVXDDUK
15 days ago - Seeking Alpha

Occidental Petroleum: Why Warren Buffett Kept Buying

Warren Buffett's Berkshire Hathaway continues to accumulate Occidental Petroleum (OXY) shares, now holding over 28% of its outstanding shares. This signals Buffett's strong confidence in the company's...

15 days ago - Seeking Alpha

Occidental and ADNOC's XRG Agree to Evaluate Joint Venture to Develop South Texas Direct Air Capture Hub

HOUSTON, May 16, 2025 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) and its subsidiary 1PointFive today announced an agreement with XRG, ADNOC's investment company, to evaluate a potential joint venture ...

20 days ago - GlobeNewsWire

Occidental: Cash Inflection Coming, But Is It Enough

Occidental's 2025 plan shows rig reductions are driven by efficiency, not production cuts, with volumes maintained and well costs declining. Despite improved free cash flow prospects from non-oil proj...

20 days ago - Seeking Alpha

This Warren Buffett Stock to Own Forever Is a Buy Today

Buffett expects to own some stocks indefinitely—and one of those stocks looks cheap today.

Other symbols: AXPKO
23 days ago - Morningstar

Occidental Petroleum: What Buffett May Know That Surprised The Market

Occidental Petroleum reported strong Q1 results. Acquisitions are made to improve results. However, benefits may take time to materialize. Effective management sets and often exceeds goals.

24 days ago - Seeking Alpha

10% Yields Every Retiree Should Own

These 10% yielders combine safety, growth, and big upside potential—perfect for living off dividends in retirement. Both are fully covering their dividends with cash flow and trade at attractive valua...

Other symbols: ARCCBXSLMSDLWES
26 days ago - Seeking Alpha

Occidental Petroleum Corporation, Inc. (OXY) Q1 2025 Earnings Call Transcript

Occidental Petroleum Corporation, Inc. (NYSE:OXY) Q1 2025 Earnings Conference Call May 8, 2025 1:00 PM ET Company Participants Jordan Tanner - VP, IR Vicki Hollub - President, CEO & Director Sunil Ma...

27 days ago - Seeking Alpha

Warren Buffett's successor is 'slightly bullish' for Occidental

Oil drillers Occidental Petroleum and ConocoPhillips both beat first quarter estimates, but only one may be better positioned for what's coming next. Hedgeye Risk Management energy analyst Fernando Va...

4 weeks ago - Yahoo Finance

Occidental Petroleum's Q1 Proves It's A Cash Flow King

Occidental Petroleum's Q1 results show strong cash flow and earnings, with EPS beating expectations and a stable dividend, despite weaker commodity prices. OXY's production increased significantly, dr...

4 weeks ago - Seeking Alpha

Occidental Announces First Quarter 2025 Results

HOUSTON, May 07, 2025 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced its first quarter 2025 financial results. The earnings release and accompanying financial schedules can be accessed via...

4 weeks ago - GlobeNewsWire

Occidental Announces Dividend

HOUSTON, May 01, 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 July 1...

5 weeks ago - GlobeNewsWire

Warren Buffett's April DiviDogs Tag One Buy In 15 'Safer'

Berkshire Hathaway's Q4 additions include Constellation Brands, while increasing stakes in Occidental Petroleum, Domino's Pizza, and Pool, reflecting Buffett's strategic growth and value investments. ...

Other symbols: ALLYBACCCOPCVXDEODPZ
5 weeks ago - Seeking Alpha

Occidental Petroleum: The LCV Headwinds Give An Attractive Entry

I maintain a "Buy" rating on Occidental Petroleum (OXY) due to its operational efficiency, successful CrownRock integration, and strong FCF generation despite recent stock price declines. OXY's FY2024...

6 weeks ago - Seeking Alpha

Occidental Petroleum: $65 Oil Price Won't Last

The selloff on OXY since my last writing was overdone for several reasons. The sharp drop in oil prices (currently around $65 only) is unlikely to sustain, creating a large bias for OXY's earning pros...

6 weeks ago - Seeking Alpha

DOGE Comes for Clean Energy, Putting Exxon and Occidental Projects at Risk

Thousands of Energy Department jobs are expected to be eliminated as Trump goes after a favorite target.

Other symbols: XOM
7 weeks ago - WSJ

Algeria's Sonatrach, Occidental Petroleum sign MOUs on hydrocarbon cooperation

Algerian energy firm Sonatrach signed two memorandums of understanding (MOU) with U.S. shale company Occidental Petroleum to expand cooperation in hydrocarbon exploration and production in Algeria, So...

7 weeks ago - Reuters

ConocoPhillips Vs. Occidental: Both Ride The Oil Wave, Only One Is Shaping The Tide

JPMorgan's Arun Jayaram isn't sitting on the fence regarding oil giants jockeying for investor attention. He's got a clear favorite, and it's not Occidental Petroleum Corp OXY.

Other symbols: COP
7 weeks ago - Benzinga

Occidental Petroleum says it realized higher prices for oil in Q1

U.S. shale firm Occidental Petroleum said on Wednesday the prices it received for oil produced during the first quarter were higher than in the preceding three months.

2 months ago - Reuters

Occidental and 1PointFive Secure Class VI Permits for STRATOS Direct Air Capture Facility

HOUSTON, April 07, 2025 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) and its subsidiary 1PointFive today announced that the U.S Environmental Protection Agency approved its Class VI permits to sequester...

2 months ago - GlobeNewsWire

Occidental to Announce First Quarter Results Wednesday, May 7, 2025; Hold Conference Call Thursday, May 8, 2025

HOUSTON, April 02, 2025 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) will announce its first quarter 2025 financial results after close of market on Wednesday, May 7, 2025, and will hold a conference ca...

2 months ago - GlobeNewsWire