Occidental Petroleum (OXY) Stock Price, News & Analysis

Company Overview

Occidental Petroleum Corporation, commonly known as Oxy, is an energy company engaged in the exploration, development and production of oil and natural gas. Its upstream operations are concentrated in the United States, including the Permian and Denver-Julesburg basins, and in selected international regions such as the Middle East and North Africa.

The company also operates midstream and marketing businesses that support the gathering, processing, transportation and sale of oil, natural gas and natural gas liquids. Through its chemical subsidiary, OxyChem, Occidental manufactures and markets chlor-alkali chemicals, vinyl products and other basic chemicals used in water treatment, construction, healthcare, agriculture and industrial applications.

Occidental is also pursuing lower-carbon initiatives through carbon-management and carbon-capture projects, including the development of direct-air-capture technology intended to remove carbon dioxide from the atmosphere. Founded in 1920, the company expanded its U.S. oil and gas position through its acquisition of Anadarko Petroleum in 2019. Occidental has been led by President and Chief Executive Officer Vicki Hollub since 2016.

Key Stats

• Today's Range: $54.77 to $55.66
• 50-Day Range: $53.80 to $63.46
• 52-Week Range: $38.80 to $67.45
• Volume: 9.97 million shs
• Average Volume: 8.50 million shs
• Market Capitalization: $55.39 billion
• P/E Ratio: 8.58
• Dividend Yield: 2.02%
• Price Target: $65.17
• Consensus Rating: Hold

Occidental Petroleum Stock Analysis - MarketRank™

Occidental Petroleum scored higher than 90% of companies evaluated by MarketBeat, and ranked 27th out of 249 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.6 / 5
• Analyst Rating: Hold

Consensus Rating

Occidental Petroleum has received a consensus rating of Hold. The company's average rating score is 2.37, and is based on no strong buy ratings, 10 buy ratings, 17 hold ratings, and no sell ratings.

Upside Potential

Occidental Petroleum has a consensus price target of $65.17, representing about 17.6% upside from its current price of $55.41.

Amount of Analyst Coverage

Occidental Petroleum has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: -32.10%

Earnings Growth

Earnings for Occidental Petroleum are expected to decrease by -32.10% in the coming year, from $6.20 to $4.21 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Occidental Petroleum is 8.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.47.

Price to Earnings Ratio vs. Sector

The P/E ratio of Occidental Petroleum is 8.58, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 20.16.

Price to Earnings Growth Ratio

Occidental Petroleum has a PEG Ratio of 0.86. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Occidental Petroleum has a P/B Ratio of 1.93. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.17% of the float of Occidental Petroleum has been sold short.

Short Interest Ratio / Days to Cover

Occidental Petroleum has a short interest ratio ("days to cover") of 2.81, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Occidental Petroleum has recently increased by 3.17%, indicating that investor sentiment is decreasing.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

Occidental Petroleum pays a meaningful dividend of 2.00%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Occidental Petroleum has been increasing its dividend for 5 years.

Dividend Coverage

The dividend payout ratio of Occidental Petroleum is 17.34%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Occidental Petroleum will have a dividend payout ratio of 26.60% next year. This indicates that Occidental Petroleum will be able to sustain or increase its dividend.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 0.76

News Sentiment

Occidental Petroleum has a news sentiment score of 0.76. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Energy companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Occidental Petroleum this week, compared to 10 articles on an average week.

Search Interest

45 people have searched for OXY on MarketBeat in the last 30 days. This is an increase of 45% compared to the previous 30 days.

MarketBeat Follows

28 people have added Occidental Petroleum to their MarketBeat watchlist in the last 30 days. This is an increase of 211% compared to the previous 30 days.

Company Ownership

• Score: 0.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Occidental Petroleum insiders have not sold or bought any company stock.

Percentage Held by Insiders

0.50% of the stock of Occidental Petroleum is held by insiders.

Percentage Held by Institutions

88.70% of the stock of Occidental Petroleum is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Record date for 7/15 Dividend: 6/10/2026
• Ex-Dividend for 7/15 Dividend: 6/10/2026
• Dividend Payable: 7/15/2026
• Last Earnings: 8/05/2026
• Record date for 10/15 Dividend: 9/10/2026
• Ex-Dividend for 10/15 Dividend: 9/10/2026
• Today: 9/30/2026
• Dividend Payable: 10/15/2026
• Next Earnings (Estimated): 11/09/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Energy
• Industry: Oil, Gas & Consumable Fuels
• Sub-Industry: Oil & Gas Exploration & Production
• Current Symbol: NYSE:OXY
• Previous Symbol: NYSE:OXY
• CIK: 797468
• Web: www.oxy.com
• Phone: (713) 215-7000
• Fax: 302-655-5049
• Employees: 10,412
• Year Founded: 1920

Price Target and Rating

• Average Price Target for Occidental Petroleum: $65.17
• High Price Target: $82.00
• Low Price Target: $45.00
• Potential Upside/Downside: +17.6%
• Consensus Rating: Hold
• Rating Score (0-4): 2.37
• Research Coverage: 27 Analysts

Profitability

• EPS (Trailing Twelve Months): $6.46
• Trailing P/E Ratio: 8.58
• Forward P/E Ratio: 8.94
• P/E Growth: 0.86
• Net Income: $2.33 billion
• Net Margins: 28.36%
• Pretax Margin: 22.27%
• Return on Equity: 15.31%
• Return on Assets: 5.69%

Debt

• Debt-to-Equity Ratio: 0.40
• Current Ratio: 1.41
• Quick Ratio: 1.13

Sales & Book Value

• Annual Sales: $23.93 billion
• Price / Sales: 2.32
• Cash Flow: $10.13 per share
• Price / Cash Flow: 5.47
• Book Value: $28.74 per share
• Price / Book: 1.93

Miscellaneous

• Outstanding Shares: 999,637,000
• Free Float: 994,639,000
• Market Cap: $55.39 billion
• Optionable: Optionable
• Beta: 0.16