Q3 Earnings Forecast for OXY Issued By Capital One Financial

Key Points

• Capital One Financial has lowered its Q3 2025 earnings per share estimate for Occidental Petroleum from $0.55 to $0.45, with the company expected to post full-year earnings of $3.58 per share.
• Several analysts have recently issued mixed ratings; while Melius Research initiated coverage with a "hold" rating, Barclays and Scotiabank have raised their price targets to $48.00 and $45.00, respectively.
• Occidental Petroleum declared a quarterly dividend of $0.24 per share, representing a 2.0% yield, with an ex-dividend date set for September 10th.

Occidental Petroleum Corporation (NYSE:OXY - Free Report) - Investment analysts at Capital One Financial cut their Q3 2025 earnings per share (EPS) estimates for Occidental Petroleum in a research note issued on Wednesday, August 27th. Capital One Financial analyst B. Velie now expects that the oil and gas producer will post earnings of $0.45 per share for the quarter, down from their previous forecast of $0.55. The consensus estimate for Occidental Petroleum's current full-year earnings is $3.58 per share. Capital One Financial also issued estimates for Occidental Petroleum's Q4 2025 earnings at $0.60 EPS, FY2025 earnings at $2.31 EPS, Q1 2026 earnings at $0.47 EPS, Q2 2026 earnings at $0.46 EPS, Q3 2026 earnings at $0.47 EPS, Q4 2026 earnings at $0.46 EPS, FY2026 earnings at $1.86 EPS and FY2027 earnings at $1.88 EPS.

Several other equities analysts have also issued reports on the company. Melius initiated coverage on Occidental Petroleum in a report on Wednesday, August 20th. They set a "hold" rating and a $64.00 price objective on the stock. Piper Sandler raised their price target on Occidental Petroleum from $48.00 to $50.00 and gave the stock a "neutral" rating in a research note on Thursday, July 17th. Scotiabank lifted their price target on Occidental Petroleum from $40.00 to $45.00 and gave the stock a "sector perform" rating in a research report on Friday, July 11th. Wall Street Zen downgraded Occidental Petroleum from a "hold" rating to a "sell" rating in a report on Saturday, August 9th. Finally, Melius Research initiated coverage on shares of Occidental Petroleum in a research note on Wednesday, August 20th. They issued a "hold" rating and a $64.00 price objective on the stock. Four investment analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $54.65.

Occidental Petroleum Stock Up 0.3%

NYSE:OXY traded up $0.14 during midday trading on Friday, hitting $47.65. 5,793,572 shares of the company were exchanged, compared to its average volume of 9,574,829. Occidental Petroleum has a fifty-two week low of $34.78 and a fifty-two week high of $57.57. The company has a market capitalization of $46.91 billion, a PE ratio of 28.19 and a beta of 1.04. The company has a current ratio of 1.05, a quick ratio of 0.83 and a debt-to-equity ratio of 0.84. The company has a fifty day simple moving average of $44.30 and a 200 day simple moving average of $44.01.

Occidental Petroleum (NYSE:OXY - Get Free Report) last issued its quarterly earnings data on Wednesday, August 6th. The oil and gas producer reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.38 by $0.01. The business had revenue of $6.41 billion during the quarter, compared to the consensus estimate of $6.29 billion. Occidental Petroleum had a net margin of 8.79% and a return on equity of 13.78%. The company's revenue was down 6.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.03 EPS.

Hedge Funds Weigh In On Occidental Petroleum

Several institutional investors and hedge funds have recently added to or reduced their stakes in OXY. Northeast Financial Consultants Inc lifted its holdings in shares of Occidental Petroleum by 0.4% in the 1st quarter. Northeast Financial Consultants Inc now owns 58,549 shares of the oil and gas producer's stock valued at $2,890,000 after buying an additional 242 shares during the period. Inspire Investing LLC raised its position in Occidental Petroleum by 3.8% in the second quarter. Inspire Investing LLC now owns 6,720 shares of the oil and gas producer's stock worth $282,000 after acquiring an additional 247 shares in the last quarter. MassMutual Private Wealth & Trust FSB lifted its holdings in Occidental Petroleum by 20.2% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 1,631 shares of the oil and gas producer's stock valued at $81,000 after acquiring an additional 274 shares during the period. S.A. Mason LLC boosted its position in shares of Occidental Petroleum by 5.9% during the 2nd quarter. S.A. Mason LLC now owns 5,306 shares of the oil and gas producer's stock worth $223,000 after purchasing an additional 295 shares in the last quarter. Finally, Moody National Bank Trust Division grew its stake in shares of Occidental Petroleum by 2.0% during the 2nd quarter. Moody National Bank Trust Division now owns 15,326 shares of the oil and gas producer's stock worth $644,000 after purchasing an additional 300 shares during the period. Institutional investors and hedge funds own 88.70% of the company's stock.

Occidental Petroleum Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Wednesday, September 10th will be given a $0.24 dividend. The ex-dividend date is Wednesday, September 10th. This represents a $0.96 dividend on an annualized basis and a yield of 2.0%. Occidental Petroleum's dividend payout ratio (DPR) is presently 56.80%.

About Occidental Petroleum

Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States, the Middle East, and North Africa. It operates through three segments: Oil and Gas, Chemical, and Midstream and Marketing. The company's Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas.