Roth Capital Issues Pessimistic Outlook for OXY Earnings

Key Points

• Roth Capital has lowered its Q3 2025 earnings per share (EPS) estimate for Occidental Petroleum from $0.49 to $0.48, maintaining a "Neutral" rating with a target price of $46.00.
• Other brokerages have adjusted their ratings and price targets for Occidental Petroleum, with Bank of America and Scotiabank both raising their price targets to $47.00, while Mizuho upgraded the stock to "outperform" with a target of $60.00.
• Occidental Petroleum announced a quarterly dividend of $0.24 per share, representing an annualized yield of 2.3%, with a payout ratio of 56.80%.

Occidental Petroleum Corporation (NYSE:OXY - Free Report) - Equities research analysts at Roth Capital decreased their Q3 2025 EPS estimates for shares of Occidental Petroleum in a research note issued on Tuesday, October 14th. Roth Capital analyst L. Mariani now expects that the oil and gas producer will earn $0.48 per share for the quarter, down from their previous estimate of $0.49. Roth Capital currently has a "Neutral" rating and a $46.00 target price on the stock. The consensus estimate for Occidental Petroleum's current full-year earnings is $3.58 per share.

Several other brokerages also recently issued reports on OXY. Bank of America upped their price target on shares of Occidental Petroleum from $44.00 to $47.00 and gave the stock a "neutral" rating in a research report on Monday, October 6th. Scotiabank upped their price target on shares of Occidental Petroleum from $45.00 to $47.00 and gave the stock a "sector perform" rating in a research report on Thursday, October 9th. Mizuho upgraded shares of Occidental Petroleum from a "neutral" rating to an "outperform" rating and upped their price target for the stock from $58.00 to $60.00 in a research report on Friday, October 3rd. Wall Street Zen downgraded shares of Occidental Petroleum from a "hold" rating to a "sell" rating in a research report on Saturday, August 9th. Finally, HSBC upgraded shares of Occidental Petroleum from a "hold" rating to a "buy" rating and upped their price target for the stock from $48.00 to $55.00 in a research report on Friday, October 3rd. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, sixteen have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $52.61.

Occidental Petroleum Stock Down 0.9%

Shares of NYSE OXY opened at $41.89 on Thursday. The firm's 50-day simple moving average is $45.58 and its 200 day simple moving average is $43.55. The company has a market cap of $41.24 billion, a price-to-earnings ratio of 24.79 and a beta of 0.95. The company has a quick ratio of 0.83, a current ratio of 1.05 and a debt-to-equity ratio of 0.84. Occidental Petroleum has a 12-month low of $34.78 and a 12-month high of $53.20.

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, topping the consensus estimate of $0.38 by $0.01. The business had revenue of $6.41 billion for the quarter, compared to analyst estimates 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 in the prior year, the firm earned $1.03 EPS.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Weinberger Asset Management Inc acquired a new position in Occidental Petroleum during the 3rd quarter valued at about $209,000. Harbor Capital Advisors Inc. raised its position in shares of Occidental Petroleum by 2.8% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 13,654 shares of the oil and gas producer's stock valued at $645,000 after acquiring an additional 369 shares during the period. Swedbank AB acquired a new stake in shares of Occidental Petroleum in the 3rd quarter valued at approximately $35,517,000. IFM Investors Pty Ltd raised its position in shares of Occidental Petroleum by 10.8% in the 3rd quarter. IFM Investors Pty Ltd now owns 118,272 shares of the oil and gas producer's stock valued at $5,614,000 after acquiring an additional 11,542 shares during the period. Finally, OLD National Bancorp IN raised its position in shares of Occidental Petroleum by 8.2% in the 3rd quarter. OLD National Bancorp IN now owns 7,503 shares of the oil and gas producer's stock valued at $355,000 after acquiring an additional 569 shares during the period. 88.70% of the stock is currently owned by institutional investors and hedge funds.

Occidental Petroleum Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Wednesday, September 10th were given a dividend of $0.24 per share. The ex-dividend date was Wednesday, September 10th. This represents a $0.96 dividend on an annualized basis and a yield of 2.3%. Occidental Petroleum's dividend payout ratio is presently 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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