Occidental Petroleum Corporation (OXY)
| Market Cap | 46.77B |
| Revenue (ttm) | 27.15B |
| Net Income (ttm) | 1.73B |
| Shares Out | 984.44M |
| EPS (ttm) | 1.71 |
| PE Ratio | 27.76 |
| Forward PE | 19.75 |
| Dividend | $0.96 (2.02%) |
| Ex-Dividend Date | Sep 10, 2025 |
| Volume | 7,998,624 |
| Open | 46.98 |
| Previous Close | 46.87 |
| Day's Range | 46.59 - 47.60 |
| 52-Week Range | 34.79 - 57.57 |
| Beta | 0.91 |
| Analysts | Hold |
| Price Target | 52.15 (+9.77%) |
| Earnings Date | Aug 6, 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 20 analysts, the average rating for OXY stock is "Hold." The 12-month stock price target is $52.15, which is an increase of 9.77% from the latest price.
News
Warren Buffett's Top 10 Berkshire Bets Span Apple, Coca-Cola, Finance And Oil
Legendary investor Warren Buffett has a history of beating the S&P 500, but his conglomerate Berkshire Hathaway Inc BRK BRK currently trails the stock market index. Here's a look at the current top ho...
Buffett's Stealthy Stock Picks: Occidental Petroleum And The Oracle's Quiet Wins
Warren Buffett, the Oracle of Omaha, is the master of the sly stock grab, quietly amassing stakes in undervalued companies while the market naps. His recent moves, like boosting Berkshire Hathaway Inc...
Occidental Petroleum: Q2 Results Point To Stronger FCF Ahead
Occidental Petroleum is undervalued after recent share price declines, despite strong cash flow and efficient operations supporting robust shareholder returns. The company has aggressively reduced deb...
Occidental Petroleum: Back To Operations
Occidental Petroleum is shifting focus from acquisitions to maximizing profitability and prioritizing debt reduction. Management's operational improvements and cost structure changes position OXY for ...
Occidental Petroleum Corporation (OXY) Q2 2025 Earnings Call Transcript
Occidental Petroleum Corporation (NYSE:OXY) Q2 2025 Earnings Conference Call August 7, 2025 1:00 PM ET Company Participants Kenneth Dillon - Senior VP and President of International Oil & Gas Operati...
Occidental Petroleum beats quarterly profit, discloses additional divestments
Occidental Petroleum beat Wall Street estimates for second-quarter profit on Wednesday, as higher production countered lower crude oil prices.
Occidental Announces Further Progress on Asset Sales and Debt Reduction
HOUSTON, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced it has signed four agreements to divest select Permian Basin assets, generating approximately $950 million in proceeds...
Occidental Announces Second Quarter 2025 Results
HOUSTON, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced its second quarter 2025 financial results. The earnings release and accompanying financial schedules can be accessed v...
Occidental Petroleum: Prepare For DAC-Ing
Occidental Petroleum Corporation is heavily U.S. and Permian-focused, lacking both true diversification and pure-play shale status compared to peers. The company's main operational upside lies in Enha...
Occidental Announces Dividend
HOUSTON, July 30, 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 Octob...
Occidental Petroleum: There's Big Value In One Of The Best Oil Stocks In The U.S.
Occidental Petroleum offers superior margins and a compelling valuation versus US peers, making it a standout value among large American oil companies. OXY's focus on debt reduction, operational effic...
Occidental Petroleum: The Oil Compounder
Occidental Petroleum has transformed into a capital-efficient, free-cash-flow compounder built to thrive through commodity cycles. OXY's disciplined capital allocation, reduced debt, and diversified a...
Occidental Petroleum Remains Well Below Berkshire Prices
Occidental Petroleum is undervalued, with Berkshire Hathaway steadily increasing its stake, signaling confidence despite recent underperformance. Operational efficiency gains and cost reductions have ...
Occidental Petroleum: Downgrading To Hold Amid Weaker Profit Expectations, Troubled Chart
I am downgrading Occidental Petroleum to hold due to weak oil prices, underwhelming performance, and a challenging profit backdrop. Despite strong free cash flow and cost control, OXY's earnings outlo...
Drill, Baby, Drill: 9 Stocks With Enough Firepower To Outperform For Decades
Patience is hard, but essential. I explain why I'm doubling down on energy despite market impatience, fading reserves, and slow-moving macro tailwinds. U.S. shale is nearing an inflection point. With ...
8%-Yielding Portfolio: Building The Near-Perfect Dividend Snowball
We discuss the secrets to building a near-perfect dividend snowball. We discuss many of the best dividend machines for building a dividend snowball portfolio. We share a model portfolio that yields 8%...
1PointFive Announces Carbon Removal Credit Agreement with Palo Alto Networks
HOUSTON, July 16, 2025 (GLOBE NEWSWIRE) -- 1PointFive, a carbon capture, utilization, and sequestration (CCUS) company, today announced that Palo Alto Networks purchased 10,000 tons of carbon dioxide ...
Occidental Petroleum says Gulf of Mexico output hit by curtailments in Q2
U.S. shale producer Occidental Petroleum said on Monday its Gulf of Mexico production in the second quarter was curtailed due to third-party constraints, extended maintenance, and schedule-related del...
Occidental to Announce Second Quarter Results Wednesday, August 6, 2025; Hold Conference Call Thursday, August 7, 2025
HOUSTON, July 01, 2025 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) will announce its second quarter 2025 financial results after close of market on Wednesday, August 6, 2025, and will hold a conference...
Occidental Petroleum Could Become A Good Hedge Against Geopolitical Tensions
Occidental Petroleum's discounted valuation and Buffett's backing make it attractive for risk-tolerant investors, especially with shares now below his purchase price. Oxy's dominant Permian Basin posi...
1PointFive Announces 50,000 Metric Ton Carbon Removal Agreement with JPMorganChase
HOUSTON, June 24, 2025 (GLOBE NEWSWIRE) -- 1PointFive, a carbon capture, utilization, and sequestration (CCUS) company, today announced that JPMorganChase purchased 50,000 metric tons of carbon dioxid...
Occidental Petroleum: Buy Before Oil Prices Spike Further
Occidental Petroleum stands to benefit from rising petroleum prices amid the escalating U.S.-Iran conflict, boosting its earnings and free cash flow potential. The company's aggressive debt repayment ...
Did Warren Buffett Whiff On Occidental Petroleum? Maybe Not As OXY Flashes Signs Of Technical Strength
For the better part of the past year, Occidental Petroleum Corp. OXY has looked like the blemish on Warren Buffett 's otherwise bulletproof track record.
I'm Buying Dividend Giants At Huge Discounts
Now is a great time to be an income and value investor, particularly in the energy and pharmaceutical spaces. I highlight 2 undervalued names that provide well-covered dividends with a strong growth o...