Occidental Petroleum Corporation (OXY)

NYSE: OXY · Real-Time Price · USD
45.61
+0.76 (1.69%)
Oct 6, 2025, 2:25 PM EDT - Market open
1.69%
Market Cap44.90B
Revenue (ttm)27.15B
Net Income (ttm)1.73B
Shares Out 984.44M
EPS (ttm)1.71
PE Ratio26.65
Forward PE21.93
Dividend$0.96 (2.11%)
Ex-Dividend DateSep 10, 2025
Volume9,194,588
Open45.00
Previous Close44.85
Day's Range44.65 - 45.98
52-Week Range34.79 - 56.49
Beta0.95
AnalystsHold
Price Target50.50 (+10.72%)
Earnings DateNov 11, 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 22 analysts, the average rating for OXY stock is "Hold." The 12-month stock price target is $50.5, which is an increase of 10.72% from the latest price.

Price Target
$50.5
(10.72% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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
7 hours 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,...

3 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.

3 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 ...

3 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
3 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.

3 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.

3 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 ...

4 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...

4 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.

4 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...

4 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.

4 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...

4 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
4 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...

4 days ago - CNBC Television

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

CNBC's Becky Quick reports on the latest news.

4 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.

4 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...

4 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.

4 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.

4 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...

4 days ago - Business Wire

Warren Buffett will help Occidental reduce its debt, says Tortoise Capital's Rob Thummel

Rob Thummel, Tortoise Capital senior portfolio manager, joins 'Power Lunch' to discuss a potential deal for Occidental, why Buffett doesn't ouright buy the company and much more.

4 days ago - CNBC Television

Warren Buffett's Berkshire Hathaway Could Be Closing in on $10B Deal With Occidental Petroleum

Berkshire Hathaway (BRK.A, BRK.B) is reportedly close to a $10 billion deal to buy the petrochemical division of Occidental Petroleum (OXY), in what would be the largest deal by Warren Buffett's congl...

5 days ago - Investopedia

Berkshire Hathaway in talks to buy petrochemical business from Occidental Petroleum for $10B: WSJ

CNBC's Becky Quick reports on the latest news.

5 days ago - CNBC Television

Occidental Petroleum: Opportunity Knocks

Occidental Petroleum is considering selling its petrochemicals business if offered the right price. OXY has been steadily raising cash through asset sales. Rumors suggest Berkshire Hathaway may be the...

5 days ago - Seeking Alpha