Want to see OXY full AI Analyst Report?
OXY Stock Chart & Stats
$58.41
-$0.30(-0.52%)
At close: 4:00 PM EDT
$58.41
-$0.30(-0.52%)
Day’s Range― - ―
52-Week Range$38.80 - $67.45
Previous CloseN/A
Volume8.13M
Average Volume (3M)8.00M
Market Cap
$54.92B
Enterprise Value$68.54K
Total Cash (Recent Filing)$4.15B
Total Debt (Recent Filing)$14.63B
Price to Earnings (P/E)8.3
Beta0.03
Next Earnings
Nov 10, 2026EPS Estimate
1.23Next Dividend Ex-DateN/A
Dividend Yield1.88%
Share Statistics
EPS (TTM)6.65
Shares Outstanding999,637,400
10 Day Avg. Volume10,276,563
30 Day Avg. Volume8,003,319
Financial Highlights & Ratios
PEG Ratio-0.70
Price to Book (P/B)1.11
Price to Sales (P/S)1.86
P/FCF Ratio9.77
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$67.22Price Target Upside15.09% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering18
EPS Forecast (FY)6.31
Revenue Forecast (FY)$26.44B
Bulls Say, Bears Say
Bulls Say
Cash Generation And DeleveragingStrong quarterly free cash flow is supporting meaningful debt reduction and lower interest expense, improving financial flexibility. This combination can strengthen resilience through commodity cycles while increasing the cash available for operations, investment, dividends, and future balance-sheet improvement.
Large Resource Base And Decline ImprovementA large resource base gives Occidental a durable inventory of development opportunities, while a lower decline rate could support more stable production and reduce replacement pressure. Advanced recovery, waterflood, and EOR projects may improve the longevity and economics of existing assets.
Structural Cost And Cash-Flow ImprovementEstablished cost savings and a multi-year plan for additional sustainable cash flow indicate that improvement is not dependent solely on higher commodity prices. Lower sustaining capital, operating efficiencies, and balance-sheet gains could expand cash generation across a broader range of prices.
Bears Say
Commodity-Cycle Earnings VolatilityThe wide historical margin range demonstrates that Occidental’s earnings remain sensitive to commodity pricing and cycle conditions. Even strong current profitability may not represent a stable baseline, making future cash generation and returns less predictable than those of a less cyclical business.
Weak Latest Cash ConversionPositive operating cash flow and free cash flow are important strengths, but the latest gap between net income and free cash flow indicates that reported earnings are not translating cleanly into distributable cash. If sustained, this could constrain deleveraging, investment, and shareholder returns.
Limited Near-Term Buyback FlexibilityPrioritizing debt reduction and the preferred equity redemption supports balance-sheet repair but limits the company’s flexibility to return excess capital through continuous share repurchases. This may keep shareholder distributions more dependent on dividends and future debt milestones.
Occidental Petroleum News
OXY FAQ
What was Occidental Petroleum’s price range in the past 12 months?
Occidental Petroleum lowest stock price was $38.80 and its highest was $67.45 in the past 12 months.
What is Occidental Petroleum’s market cap?
Occidental Petroleum’s market cap is $54.92B.
When is Occidental Petroleum’s upcoming earnings report date?
Occidental Petroleum’s upcoming earnings report date is Nov 10, 2026 which is in 40 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 1.88%. See more information on Occidental Petroleum dividends here
What is Occidental Petroleum’s EPS estimate?
Occidental Petroleum’s EPS estimate is 1.23.
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 4.145%.
Which hedge fund is a major shareholder of Occidental Petroleum?
Currently, no hedge funds are holding shares in OXY
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
Occidental Petroleum Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$67.22 (15.09% Upside)
$67.22 (15.09% Upside)
Blogger Sentiment
Bullish
OXY Sentiment 80%
Sector Average 61%
Sector Average 61%
Hedge Fund Trend
Decreased
By 1.4M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 1.2%
Last 30 Days ▼ 0.2%
Last 30 Days ▼ 0.2%
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
19.41%
12-Months-Change
Fundamentals
Return on Equity
1.88%
Trailing 12-Months
Asset Growth
-4.74%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
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 and internationally. It operates through Oil and Gas and Midstream and Marketing. The Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. This segment also optimizes its transportation and storage capacity and invests in entities. The Midstream and Marketing segment purchases, markets, gathers, processes, transports and stores oil, condensate, NGLs, natural gas, carbon dioxide, and power. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas.
OXY Company Deck
OXY Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a predominantly positive operational and financial picture: strong Q2 free cash flow ($3.0B), meaningful debt reduction, an 8% dividend increase, production outperformance, and a detailed plan to achieve ~$4.0B of sustainable annual cash flow by 2030. Near-term headwinds include Middle East disruptions, Q3 midstream normalization as gas spreads narrow, temporary maintenance/seasonal impacts in the Gulf of America and Rockies, and Stratos commissioning timing risks. Management emphasized disciplined capital allocation (debt paydown prioritized over buybacks) and substantial structural cost and decline‑rate improvements, with ~85% of planned cash flow gains expected to be resilient to lower prices. Overall, highlights materially outweigh the lowlights, with lowlights framed as manageable or timing-related risks rather than structural declines.View all OXY earnings summariesOXY Stock 12 Month Forecast
Average Price Target
$67.22
▲(15.09% Upside)
Technical Analysis
Ownership Overview
0.37% Insiders
18.77% Mutual Funds
40.14% Other Institutional Investors
20.31% Public Companies and Individual Investors