Q3 Earnings Forecast for OXY Issued By Capital One Financial

Key Points

• Capital One Financial has increased its Q3 2025 earnings per share (EPS) estimate for Occidental Petroleum from $0.45 to $0.48, while the current full-year consensus estimate stands at $3.58 EPS.
• Vanguard Group and State Street Corp have recently raised their holdings in Occidental Petroleum, indicating strong institutional interest, with 88.70% of the company’s shares held by institutional investors and hedge funds.
• Occidental Petroleum has declared a quarterly dividend of $0.24 per share, representing an annualized dividend yield of 2.3%, with the payment date set for October 15th.

Occidental Petroleum Corporation (NYSE:OXY - Free Report) - Equities researchers at Capital One Financial raised their Q3 2025 EPS estimates for Occidental Petroleum in a research note issued to investors on Monday, October 13th. Capital One Financial analyst B. Velie now expects that the oil and gas producer will earn $0.48 per share for the quarter, up from their previous estimate of $0.45. 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 Q1 2026 earnings at $0.57 EPS, Q2 2026 earnings at $0.57 EPS, Q3 2026 earnings at $0.57 EPS, Q4 2026 earnings at $0.57 EPS, FY2026 earnings at $2.29 EPS and FY2027 earnings at $2.34 EPS.

A number of other analysts have also recently commented on OXY. UBS Group cut their price objective on Occidental Petroleum from $46.00 to $45.00 and set a "neutral" rating for the company in a research report on Friday, October 3rd. Melius Research initiated coverage on Occidental Petroleum in a report on Wednesday, August 20th. They issued a "hold" rating and a $64.00 price objective on the stock. Mizuho raised Occidental Petroleum from a "neutral" rating to an "outperform" rating and increased their target price for the company from $58.00 to $60.00 in a report on Friday, October 3rd. Wall Street Zen lowered Occidental Petroleum from a "hold" rating to a "sell" rating in a research note on Saturday, August 9th. Finally, Bank of America boosted their price target on Occidental Petroleum from $44.00 to $47.00 and gave the stock a "neutral" rating in a research report on Monday, October 6th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, sixteen have assigned a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $52.61.

Occidental Petroleum Price Performance

NYSE:OXY opened at $42.27 on Wednesday. The stock has a market capitalization of $41.62 billion, a PE ratio of 25.01 and a beta of 0.95. Occidental Petroleum has a 52 week low of $34.78 and a 52 week high of $53.20. The company has a quick ratio of 0.83, a current ratio of 1.05 and a debt-to-equity ratio of 0.84. The stock's 50-day moving average price is $45.60 and its 200-day moving average price is $43.56.

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

Hedge Funds Weigh In On Occidental Petroleum

Several large investors have recently modified their holdings of OXY. Vanguard Group Inc. raised its holdings in Occidental Petroleum by 10.3% in the 2nd quarter. Vanguard Group Inc. now owns 88,504,019 shares of the oil and gas producer's stock valued at $3,718,054,000 after buying an additional 8,273,030 shares during the period. State Street Corp raised its stake in shares of Occidental Petroleum by 1.6% in the 2nd quarter. State Street Corp now owns 39,044,478 shares of the oil and gas producer's stock valued at $1,649,147,000 after acquiring an additional 615,566 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Occidental Petroleum by 22.0% in the 2nd quarter. Geode Capital Management LLC now owns 18,089,878 shares of the oil and gas producer's stock worth $756,796,000 after acquiring an additional 3,267,269 shares during the last quarter. H&H International Investment LLC increased its holdings in Occidental Petroleum by 1.8% in the 1st quarter. H&H International Investment LLC now owns 13,826,100 shares of the oil and gas producer's stock valued at $682,456,000 after purchasing an additional 249,100 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its position in Occidental Petroleum by 9.6% in the first quarter. Dimensional Fund Advisors LP now owns 8,128,136 shares of the oil and gas producer's stock valued at $401,162,000 after purchasing an additional 710,220 shares during the period. Institutional investors and hedge funds own 88.70% of the company's stock.

Occidental Petroleum Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Wednesday, September 10th will be issued a dividend of $0.24 per share. The ex-dividend date is Wednesday, September 10th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.3%. Occidental Petroleum's dividend payout ratio (DPR) is currently 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.

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