Occidental Petroleum Corporation (OXY)
| Market Cap | 60.70B +51.9% |
| Revenue (ttm) | 23.93B +18.5% |
| Net Income | 6.54B +202.3% |
| EPS | 6.51 +280.5% |
| Shares Out | 999.64M |
| PE Ratio | 9.32 |
| Forward PE | 9.96 |
| Dividend | $1.12 (1.85%) |
| Ex-Dividend Date | Dec 10, 2026 |
| Volume | 11,486,634 |
| Open | 62.69 |
| Previous Close | 64.00 |
| Day's Range | 60.54 - 62.97 |
| 52-Week Range | 38.80 - 67.45 |
| Beta | 0.25 |
| Analysts | Buy |
| Price Target | 70.74 (+16.5%) |
| Earnings Date | Nov 9, 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 28 analysts, the average rating for OXY stock is "Buy." The 12-month stock price target is $70.74, which is an increase of 16.50% from the latest price.
News
Occidental price target raised to $76 from $69 at Goldman Sachs
Goldman Sachs raised the firm’s price target on Occidental (OXY) to $76 from $69 and keeps a Buy rating on the shares. Energy stocks have outperformed ahead of Q3 earnings,…
Occidental assumed with a Neutral at Piper Sandler
Piper Sandler analyst John Royall assumed coverage of Occidental (OXY) with a Neutral rating and $69 price target The company’s primary focus has been balance sheet improvement following two major…
Occidental Announces Dividend
HOUSTON, Oct. 26, 2026 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) announced today that its Board of Directors declared a regular quarterly dividend of $0.28 per share on common stock, payable on Janua...
Under-the-radar stocks to play the next leg of the energy trade with oil prices jumping again
Iran is going to grow more desperate as oil money dries up, which makes the country even more dangerous. Some under-the-radar energy stocks Goldman Sachs loves.
Occidental price target raised to $67 from $59 at BofA
BofA analyst Jean Ann Salisbury raised the firm’s price target on Occidental (OXY) to $67 from $59 and keeps a Neutral rating on the shares. In Q3, oil prices declined…
Occidental price target raised to $77 from $70 at Susquehanna
Susquehanna analyst Charles Minervino raised the firm’s price target on Occidental (OXY) to $77 from $70 and keeps a Positive rating on the shares. The firm updated models in the…
Occidental price target raised to $80 from $78 at Stephens
Stephens analyst Mike Scialla raised the firm’s price target on Occidental (OXY) to $80 from $78 and keeps an Overweight rating on the shares. Commentary is likely to include “soft”…
Occidental price target raised to $60 from $59 at Jefferies
Jefferies analyst Lloyd Byrne raised the firm’s price target on Occidental (OXY) to $60 from $59 and keeps a Hold rating on the shares. The firm expects the company to…
Occidental upgraded to Buy from Neutral at Roth Capital
Roth Capital upgraded Occidental (OXY) to Buy from Neutral with a $70 price target
Occidental upgraded to Buy on oil upside, resources, FCF at Roth Capital
Roth Capital analyst Leo Mariani upgraded Occidental (OXY) to Buy from Neutral with a $70 price target Occidental offers attractive near-term oil upside exposure with a 49% oil production mix,…
Occidental price target raised to $64 from $63 at Truist
Truist analyst Gabe Daoud raised the firm’s price target on Occidental (OXY) to $64 from $63 and keeps a Hold rating on the shares ahead of its Q3 results. The…
Occidental price target raised to $71 from $69 at Morgan Stanley
Morgan Stanley analyst Devin McDermott raised the firm’s price target on Occidental (OXY) to $71 from $69 and keeps an Equal Weight rating on the shares. With oil back near…
Occidental initiated with a Sector Perform at Scotiabank
Scotiabank analyst Mark Lear initiated coverage of Occidental (OXY) with a Sector Perform rating and $63 price target
Occidental price target raised to $73 from $67 at UBS
UBS raised the firm’s price target on Occidental (OXY) to $73 from $67 and keeps a Neutral rating on the shares. The firm updated its estimates ahead of the Q3…
Occidental oil prices jump as supply concerns lift crude
Shale producer Occidental Petroleum said in a filing on Tuesday its worldwide average realized oil prices rose 32.6% in the third quarter from a year earlier, as concerns over supply disruptions lin...
Occidental to Announce Third Quarter Results Monday, November 9, 2026; Hold Conference Call Tuesday, November 10, 2026
HOUSTON, Oct. 01, 2026 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) will announce its third quarter 2026 financial results after close of market on Monday, November 9, 2026, and will hold a conference c...
Occidental Stock Gets an Upgrade. 4 Reasons Goldman Loves It.
Occidental's oil recovery capabilities and debt reduction plan can help its cheap stock to rally, analyst Neil Mehta says.
Occidental added to US Conviction List at Goldman Sachs
Goldman Sachs analysts added Occidental (OXY) to the firm’s US Conviction List as part of its monthly update. Goldman believes the company is employing advanced recovery techniques to extend the…
Occidental upgraded to Buy from Neutral at Goldman Sachs
Goldman Sachs analyst Neil Mehta upgraded Occidental (OXY) to Buy from Neutral with a price target of $69, up from $63. The firm believes the company has a “strong outlook”…
Occidental price target raised to $82 from $79 at Wells Fargo
Wells Fargo analyst Sam Margolin raised the firm’s price target on Occidental (OXY) to $82 from $79 and keeps an Overweight rating on the shares. The firm hosted CEO Jackson…
Trump tightens Iran sanctions: 3 stocks that could win, 3 that could get hit
US sanctions on Iran are tightening, but the stock-market trade remains conditional rather than automatic. The Trump administration has targeted Iranian-linked entities, individuals and vessels while ...
'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
Q2 2026 saw record free cash flow, strong production, and significant debt reduction. The company raised its dividend, advanced cost savings, and outlined a plan for $4 billion in sustainable cash flow growth by 2030, with disciplined capital allocation and operational efficiency at the core.
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.