Roth Capital Brokers Reduce Earnings Estimates for OXY

Occidental Petroleum Co. (NYSE:OXY - Free Report) - Roth Capital decreased their Q3 2025 earnings per share estimates for shares of Occidental Petroleum in a report released on Thursday, May 8th. Roth Capital analyst L. Mariani now expects that the oil and gas producer will post earnings per share of $0.39 for the quarter, down from their previous estimate of $0.40. 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 Q4 2025 earnings at $0.56 EPS, FY2025 earnings at $1.98 EPS, Q1 2026 earnings at $0.77 EPS, Q2 2026 earnings at $0.66 EPS, Q3 2026 earnings at $0.88 EPS, Q4 2026 earnings at $0.95 EPS and FY2026 earnings at $3.27 EPS.

Several other research analysts have also recently issued reports on OXY. Wells Fargo & Company dropped their target price on Occidental Petroleum from $49.00 to $42.00 and set an "equal weight" rating on the stock in a research report on Monday, April 21st. Citigroup dropped their target price on Occidental Petroleum from $56.00 to $51.00 and set a "neutral" rating on the stock in a research report on Monday, March 17th. The Goldman Sachs Group cut Occidental Petroleum from a "neutral" rating to a "sell" rating and dropped their target price for the stock from $54.00 to $45.00 in a research report on Friday, January 31st. JPMorgan Chase & Co. dropped their target price on Occidental Petroleum from $52.00 to $47.00 and set a "neutral" rating on the stock in a research report on Friday. Finally, Barclays raised their target price on Occidental Petroleum from $46.00 to $48.00 and gave the stock an "equal weight" rating in a research report on Thursday. Three equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Occidental Petroleum currently has an average rating of "Hold" and a consensus price target of $54.05.

Occidental Petroleum Price Performance

NYSE OXY opened at $42.25 on Monday. The company has a market capitalization of $41.58 billion, a price-to-earnings ratio of 17.32 and a beta of 0.81. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.76 and a current ratio of 0.95. The stock has a 50-day moving average of $42.96 and a 200 day moving average of $47.19. Occidental Petroleum has a one year low of $34.79 and a one year high of $64.76.

Occidental Petroleum (NYSE:OXY - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The oil and gas producer reported $0.87 EPS for the quarter, topping 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 during the quarter, compared to the consensus estimate of $6.97 billion. During the same period last year, the company earned $0.63 EPS. Occidental Petroleum's revenue for the quarter was up 13.9% on a year-over-year basis.

Institutional Trading of Occidental Petroleum

A number of large investors have recently added to or reduced their stakes in the company. Altshuler Shaham Ltd bought a new position in shares of Occidental Petroleum during the 4th quarter valued at approximately $26,000. VSM Wealth Advisory LLC bought a new position in shares of Occidental Petroleum during the 4th quarter valued at approximately $27,000. Whipplewood Advisors LLC bought a new position in shares of Occidental Petroleum during the 4th quarter valued at approximately $27,000. Bernard Wealth Management Corp. purchased a new position in Occidental Petroleum during the 4th quarter valued at $32,000. Finally, Grove Bank & Trust boosted its holdings in Occidental Petroleum by 129.2% during the 1st quarter. Grove Bank & Trust now owns 722 shares of the oil and gas producer's stock valued at $36,000 after acquiring an additional 407 shares during the period. Institutional investors own 88.70% of the company's stock.

Occidental Petroleum Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Tuesday, June 10th will be paid a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 2.27%. The ex-dividend date of this dividend is Tuesday, June 10th. Occidental Petroleum's payout ratio is 39.02%.

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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