Q3 EPS Estimates for OXY Decreased by Capital One Financial

Key Points

• Analysts at Capital One Financial have lowered their Q3 2025 earnings estimate for Occidental Petroleum from $0.73 to $0.55 per share, with a current consensus estimate for the full year at $3.58 per share.
• Several research firms have recently adjusted their price targets for Occidental Petroleum, with ratings ranging from "Buy" to "Hold," and the average price target now stands at $54.65.
• Occidental Petroleum has declared a quarterly dividend of $0.24, with an annualized dividend yield of 2.2%, payable on October 15th to shareholders of record on September 10th.

Occidental Petroleum Corporation (NYSE:OXY - Free Report) - Analysts at Capital One Financial cut their Q3 2025 earnings estimates for shares of Occidental Petroleum in a research report issued on Monday, August 18th. Capital One Financial analyst B. Velie now expects that the oil and gas producer will post earnings of $0.55 per share for the quarter, down from their prior forecast of $0.73. The consensus estimate for Occidental Petroleum's current full-year earnings is $3.58 per share.

A number of other research firms have also commented on OXY. Piper Sandler upped their price objective on shares of Occidental Petroleum from $48.00 to $50.00 and gave the company a "neutral" rating in a research note on Thursday, July 17th. Melius assumed coverage on Occidental Petroleum in a report on Wednesday. They set a "hold" rating and a $64.00 price target for the company. Melius Research started coverage on Occidental Petroleum in a research note on Wednesday. They issued a "hold" rating and a $64.00 price objective on the stock. JPMorgan Chase & Co. raised their target price on Occidental Petroleum from $47.00 to $48.00 and gave the stock a "neutral" rating in a research note on Tuesday, July 15th. Finally, Scotiabank boosted their price target on Occidental Petroleum from $40.00 to $45.00 and gave the company a "sector perform" rating in a research note on Friday, July 11th. Four research 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. Based on data from MarketBeat.com, Occidental Petroleum currently has a consensus rating of "Hold" and a consensus price target of $54.65.

Occidental Petroleum Stock Performance

NYSE:OXY opened at $44.2450 on Thursday. 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 $58.47. The company has a 50 day simple moving average of $44.18 and a two-hundred day simple moving average of $44.11. The company has a market capitalization of $43.56 billion, a PE ratio of 26.18 and a beta of 0.91.

Occidental Petroleum (NYSE:OXY - Get Free Report) last issued its quarterly 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. The company had revenue of $6.41 billion during the quarter, compared to analysts' expectations of $6.29 billion. Occidental Petroleum had a return on equity of 13.78% and a net margin of 8.79%.The business's quarterly revenue was down 6.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.03 earnings per share.

Hedge Funds Weigh In On Occidental Petroleum

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

Occidental Petroleum Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Wednesday, September 10th will be issued a $0.24 dividend. The ex-dividend date is Wednesday, September 10th. This represents a $0.96 annualized dividend and a yield of 2.2%. Occidental Petroleum's dividend payout ratio is presently 56.80%.

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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