Q1 Earnings Estimate for OXY Issued By Roth Capital

Key Points

• Roth Capital projects Occidental Petroleum will report an EPS of $0.05 for Q1 2026, maintaining a "Neutral" rating with a price target of $46.00.
• Overall, the consensus estimate for Occidental Petroleum's full-year earnings in 2026 is $3.58 per share, while analysts have varied ratings ranging from Strong Buy to Sell.
• Occidental Petroleum recently declared a quarterly dividend of $0.24, representing a yield of 2.2% and a payout ratio of 56.80%.

Occidental Petroleum Corporation (NYSE:OXY - Free Report) - Equities researchers at Roth Capital issued their Q1 2026 EPS estimates for Occidental Petroleum in a research report issued on Tuesday, October 21st. Roth Capital analyst L. Mariani anticipates that the oil and gas producer will post earnings per share of $0.05 for the quarter. Roth Capital has a "Neutral" rating and a $46.00 price objective on the stock. The consensus estimate for Occidental Petroleum's current full-year earnings is $3.58 per share. Roth Capital also issued estimates for Occidental Petroleum's Q2 2026 earnings at ($0.12) EPS, Q3 2026 earnings at $0.14 EPS, Q4 2026 earnings at $0.39 EPS and FY2026 earnings at $0.45 EPS.

OXY has been the subject of several other research reports. Mizuho raised shares of Occidental Petroleum from a "neutral" rating to an "outperform" rating and lifted their price target for the company from $58.00 to $60.00 in a research note on Friday, October 3rd. Hsbc Global Res raised shares of Occidental Petroleum from a "hold" rating to a "strong-buy" rating in a research note on Friday, October 3rd. Wells Fargo & Company started coverage on shares of Occidental Petroleum in a research note on Friday, October 17th. They set an "underweight" rating and a $42.00 price target for the company. HSBC raised shares of Occidental Petroleum from a "hold" rating to a "buy" rating and lifted their price target for the company from $48.00 to $55.00 in a research note on Friday, October 3rd. Finally, Susquehanna decreased their price target on shares of Occidental Petroleum from $55.00 to $54.00 and set a "positive" rating for the company in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, fifteen have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $52.26.

Occidental Petroleum Stock Performance

Occidental Petroleum stock opened at $42.91 on Friday. The company has a 50 day moving average price of $45.25 and a 200-day moving average price of $43.39. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.83 and a current ratio of 1.05. Occidental Petroleum has a fifty-two week low of $34.78 and a fifty-two week high of $53.20. The company has a market capitalization of $42.25 billion, a PE ratio of 25.39 and a beta of 0.95.

Occidental Petroleum (NYSE:OXY - Get Free Report) last announced its quarterly earnings data on Wednesday, August 6th. The oil and gas producer reported $0.39 earnings per share (EPS) 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 firm's quarterly revenue was down 6.1% compared to the same quarter last year. During the same quarter last year, the firm earned $1.03 earnings per share.

Occidental Petroleum Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Wednesday, September 10th were paid a $0.24 dividend. The ex-dividend date of this dividend was Wednesday, September 10th. This represents a $0.96 dividend on an annualized basis and a yield of 2.2%. Occidental Petroleum's payout ratio is 56.80%.

Hedge Funds Weigh In On Occidental Petroleum

A number of large investors have recently bought and sold shares of the business. Moody National Bank Trust Division raised its stake in Occidental Petroleum by 1.5% in the third quarter. Moody National Bank Trust Division now owns 15,555 shares of the oil and gas producer's stock worth $735,000 after buying an additional 229 shares in the last quarter. Northeast Financial Consultants Inc grew its holdings in Occidental Petroleum by 0.4% in the first quarter. Northeast Financial Consultants Inc now owns 58,549 shares of the oil and gas producer's stock worth $2,890,000 after purchasing an additional 242 shares during the last quarter. Inspire Investing LLC grew its holdings 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 purchasing an additional 247 shares during the last quarter. Cigna Investments Inc. New grew its holdings in Occidental Petroleum by 4.3% in the third quarter. Cigna Investments Inc. New now owns 6,809 shares of the oil and gas producer's stock worth $321,000 after purchasing an additional 280 shares during the last quarter. Finally, S.A. Mason LLC grew its holdings in Occidental Petroleum by 5.9% in the second 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 during the last quarter. Institutional investors own 88.70% of the company's stock.

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.

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