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Occidental Petroleum (0KAK) Price & Analysis

0KAK Stock Chart & Stats

$63.99$1.26(2.01%)
At close: 4:00 PM EDT
$55$57.5$60$62.53 Aug17 Aug31 Aug14 Sep28 Sep12 Oct26 Oct
Day’s Range
$62.92 - $65.00
52-Week Range
$38.80 - $68.38
Previous Close
$62.73
Volume
41.62K
Average Volume (3M)
19.17K
Market Cap
$63.98B
Enterprise Value
$68.54B
Total Cash (Recent Filing)
$4.15B
Total Debt (Recent Filing)
$14.63B
Price to Earnings (P/E)
9.6
Beta
0.39
Next Earnings
Nov 09, 2026
Dividend Yield
1.63%

Bulls Say, Bears Say

Bulls Say

Improved Earnings And Margins

The return to revenue growth alongside strong current margins indicates improving operating performance and renewed earnings momentum. Although energy profits remain cyclical, this combination provides greater internal funding capacity for debt reduction, capital investment, and shareholder distributions over the coming quarters.

Debt Reduction And Lower Interest Burden

Meaningful deleveraging strengthens financial resilience by reducing recurring interest costs and refinancing exposure. Lower debt gives Occidental more flexibility to withstand commodity volatility, sustain capital spending, and direct future cash generation toward strategic priorities and shareholder returns.

Large Resource Base And Efficiency Runway

A large resource base supports long-term production continuity, while cost reductions and planned decline-rate improvements can expand the cash generated from existing assets. These operating advantages provide a durable foundation for maintaining competitiveness and improving returns across the next several years.

Bears Say

Commodity-driven Earnings Volatility

The wide historical margin range demonstrates that profitability is highly sensitive to oil, gas, and chemical market conditions. This makes earnings and cash flow less predictable than those of a defensive business, complicating planning and increasing the risk that strong current margins normalize.

Weak Recent Cash Conversion

Positive free cash flow is supportive, but its shortfall relative to net income indicates that recent accounting earnings are not converting cleanly into distributable cash. If this pattern persists, it could constrain debt repayment, investment capacity, and the reliability of planned shareholder distributions.

Project Execution And Allocation Constraints

Delayed Stratos commissioning could defer expected low-carbon contribution and increase execution uncertainty during the transition to operations in 2027. Separately, prioritizing debt and preferred redemption limits the near-term scope for large buybacks, reducing flexibility in capital allocation.

Occidental Petroleum News

0KAK FAQ

What was Occidental Petroleum’s price range in the past 12 months?
Occidental Petroleum lowest share price was $38.80 and its highest was $68.38 in the past 12 months.
What is Occidental Petroleum’s market cap?
Occidental Petroleum’s market cap is $63.98B.
When is Occidental Petroleum’s upcoming earnings report date?
Occidental Petroleum’s upcoming earnings report date is Nov 09, 2026 which is in 8 days.
How were Occidental Petroleum’s earnings last quarter?
Occidental Petroleum released its earnings results on Aug 05, 2026. The company reported $2.4 earnings per share for the quarter, beating the consensus estimate of $1.826 by $0.574.
Is Occidental Petroleum overvalued?
According to Wall Street analysts Occidental Petroleum’s price is currently Undervalued.
Does Occidental Petroleum pay dividends?
Occidental Petroleum pays a Quarterly dividend of $0.28 which represents an annual dividend yield of 1.63%. See more information on Occidental Petroleum dividends here
What is Occidental Petroleum’s EPS estimate?
Occidental Petroleum’s EPS estimate is 1.45.
How many shares outstanding does Occidental Petroleum have?
Occidental Petroleum has 999,637,400 shares outstanding.
What happened to Occidental Petroleum’s price movement after its last earnings report?
Occidental Petroleum reported an EPS of $2.4 in its last earnings report, beating expectations of $1.826. Following the earnings report the stock price went up 3.301%.
Which hedge fund is a major shareholder of Occidental Petroleum?
Currently, no hedge funds are holding shares in GB:0KAK
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology