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Occidental Petroleum (OXY) Stock Price & Analysis

12,760 Followers

OXY Stock Chart & Stats

$56.38$0.02(0.04%)
At close: 4:00 PM EST
$55$57.5$60$62.5Aug 10Aug 24Sep 8Sep 21Oct 5Oct 19Nov 2
Day’s Range
$55.61 - $57.17
52-Week Range
$38.80 - $67.45
Previous Close
$56.36
Volume
N/A
Average Volume (3M)
9.11M
Market Cap
$56.34B
Enterprise Value
$68.54B
Total Cash (Recent Filing)
$4.15B
Total Debt (Recent Filing)
$14.63B
Price to Earnings (P/E)
8.5
Beta
0.08
Next Earnings
Nov 09, 2026 (Est.)
EPS Estimate
1.46
Next Dividend Ex-Date
Dec 10, 2026
Dividend Yield
1.84%

Bulls Say, Bears Say

Bulls Say

Strong Profitability And Cash Generation

Occidental currently combines substantial scale with strong profitability and positive free cash flow. This provides internal funding for production, debt reduction and strategic projects, while the high EBITDA margin offers meaningful operating capacity through normal fluctuations in its energy and chemicals businesses.

Long-lived, Improving Resource Base

A large resource base and planned decline-rate improvement support a durable production platform rather than a short-lived output increase. Advanced recovery, waterflood and EOR projects can extend asset productivity, improve capital efficiency and sustain development opportunities over multiple years.

Debt Reduction And Lower Interest Burden

Meaningful debt reduction is strengthening financial flexibility and lowering recurring interest costs. Lower leverage should allow more operating cash flow to support investment and shareholder distributions, while limited near-term maturities reduce refinancing pressure as management works toward its $10 billion debt target.

Bears Say

Commodity-cycle Earnings Volatility

Occidental’s earnings remain exposed to oil, gas and chemical pricing cycles, making current margins less dependable than those of a defensive business. Historical swings can affect cash available for capital spending, debt repayment and dividends, especially when realized commodity prices weaken.

Weak Recent Cash Conversion

Positive free cash flow is supportive, but its weaker relationship with reported earnings indicates that current profitability is not converting cleanly into distributable cash. If this persists, management may have less flexibility to reduce debt, fund projects or maintain shareholder returns through the cycle.

Project Execution And Capital Allocation Constraints

Stratos commissioning delays create execution uncertainty around a strategically important low-carbon initiative and may defer expected benefits. At the same time, debt repayment and the preferred redemption limit capital available for buybacks, reducing near-term flexibility in allocating excess cash.

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 $56.34B.
When is Occidental Petroleum’s upcoming earnings report date?
Occidental Petroleum’s next earnings report is estimated for Nov 09, 2026 (not yet confirmed), which is in 2 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 1.84%. See more information on Occidental Petroleum dividends here
What is Occidental Petroleum’s EPS estimate?
Occidental Petroleum’s EPS estimate is 1.46.
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?
Hedge funds hold Occidental Petroleum shares: the largest hedge-fund position in Occidental Petroleum is 70,142,409 shares, and hedge funds increased their holdings by 1.8M shares last quarter.
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