Q3 EPS Estimate for Occidental Petroleum Boosted by Analyst

Occidental Petroleum Co. (NYSE:OXY - Free Report) - Analysts at Capital One Financial lifted their Q3 2025 earnings per share estimates for Occidental Petroleum in a research report issued to clients and investors on Wednesday, May 21st. Capital One Financial analyst B. Velie now expects that the oil and gas producer will earn $0.86 per share for the quarter, up from their prior estimate of $0.75. 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 $0.85 EPS, FY2025 earnings at $3.24 EPS and FY2026 earnings at $2.64 EPS.

Occidental Petroleum (NYSE:OXY - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The oil and gas producer reported $0.87 EPS for the quarter, beating the consensus estimate of $0.74 by $0.13. Occidental Petroleum had a return on equity of 16.33% and a net margin of 11.37%. The company had revenue of $6.80 billion for the quarter, compared to the consensus estimate of $6.97 billion. During the same quarter in the prior year, the company posted $0.63 EPS. Occidental Petroleum's quarterly revenue was up 13.9% on a year-over-year basis.

A number of other brokerages also recently commented on OXY. Mizuho dropped their target price on shares of Occidental Petroleum from $60.00 to $58.00 and set a "neutral" rating on the stock in a research note on Tuesday, May 13th. Scotiabank cut Occidental Petroleum from a "sector outperform" rating to a "sector perform" rating and set a $40.00 price objective on the stock. in a research note on Friday, April 11th. Susquehanna reduced their price objective on Occidental Petroleum from $59.00 to $55.00 and set a "positive" rating on the stock in a report on Tuesday, April 22nd. Morgan Stanley set a $58.00 target price on Occidental Petroleum and gave the stock an "overweight" rating in a report on Wednesday, March 26th. Finally, Citigroup increased their price target on Occidental Petroleum from $42.00 to $44.00 and gave the stock a "neutral" rating in a research report on Monday. Three analysts have rated the stock with a sell rating, fourteen have given a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, Occidental Petroleum presently has an average rating of "Hold" and an average price target of $53.14.

Occidental Petroleum Trading Down 0.1%

OXY stock opened at $41.10 on Friday. Occidental Petroleum has a 12 month low of $34.79 and a 12 month high of $64.76. The firm's 50-day moving average is $42.31 and its 200 day moving average is $46.76. The company has a market capitalization of $40.44 billion, a PE ratio of 16.84 and a beta of 0.81. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.95 and a quick ratio of 0.76.

Occidental Petroleum Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Tuesday, June 10th will be paid a dividend of $0.24 per share. The ex-dividend date of this dividend is Tuesday, June 10th. This represents a $0.96 annualized dividend and a dividend yield of 2.34%. Occidental Petroleum's dividend payout ratio (DPR) is presently 39.02%.

Institutional Investors Weigh In On Occidental Petroleum

Several institutional investors have recently bought and sold shares of OXY. Park Avenue Securities LLC boosted its position in shares of Occidental Petroleum by 3.2% in the 4th quarter. Park Avenue Securities LLC now owns 8,058 shares of the oil and gas producer's stock worth $398,000 after purchasing an additional 250 shares in the last quarter. Merit Financial Group LLC raised its stake in Occidental Petroleum by 56.0% in the fourth quarter. Merit Financial Group LLC now owns 7,984 shares of the oil and gas producer's stock valued at $394,000 after buying an additional 2,865 shares during the last quarter. Ameritas Advisory Services LLC raised its stake in Occidental Petroleum by 31.8% in the fourth quarter. Ameritas Advisory Services LLC now owns 7,517 shares of the oil and gas producer's stock valued at $371,000 after buying an additional 1,814 shares during the last quarter. Ballentine Partners LLC acquired a new stake in Occidental Petroleum in the fourth quarter worth about $248,000. Finally, Simon Quick Advisors LLC purchased a new stake in shares of Occidental Petroleum during the fourth quarter worth about $247,000. 88.70% of the stock is currently owned by institutional investors and hedge funds.

Occidental Petroleum Company Profile

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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