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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)8.95M
Market Cap
$62.36B
Enterprise Value$68.54B
Total Cash (Recent Filing)$4.15B
Total Debt (Recent Filing)$14.63B
Price to Earnings (P/E)9.4
Beta0.02
Next Earnings
Nov 09, 2026EPS Estimate
1.4Next Dividend Ex-DateN/A
Dividend Yield1.67%
Share Statistics
EPS (TTM)6.65
Shares Outstanding999,637,400
10 Day Avg. Volume8,594,673
30 Day Avg. Volume8,951,336
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 Cap1.10
Enterprise Value/Revenue2.72
Enterprise Value/Gross Profit6.28
Enterprise Value/Ebitda4.90
Forecast
1Y Price Target
$69.21Price Target Upside18.49% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering19
EPS Forecast (FY)6.61
Revenue Forecast (FY)$27.16B
Bulls Say, Bears Say
Bulls Say
Revenue And Margin RecoveryThe return to revenue growth alongside strong current margins indicates renewed operating momentum across Occidental’s portfolio. If maintained, this profitability can support reinvestment, debt reduction, and cash returns, while improving the company’s earnings base over the next several quarters.
Cash Generation And DeleveragingStrong free cash flow combined with meaningful debt reduction is strengthening financial flexibility and lowering recurring interest costs. The reduced leverage burden should allow more operating cash to support investment and dividends, while improving resilience through commodity-price volatility.
Large Resource Base And EfficiencyA sizeable resource base provides a long development runway, while proven cost savings and planned decline-rate improvements can support competitive production economics. Together, these assets and efficiencies create a durable platform for sustaining volumes and improving cash generation beyond the current cycle.
Bears Say
Commodity-Cycle Earnings VolatilityThe wide historical margin range shows that Occidental’s earnings remain highly exposed to oil, gas, and chemical pricing cycles. Even with strong current profitability, adverse commodity movements can quickly reduce margins, cash generation, and the funds available for debt reduction or investment.
Weak Latest Cash ConversionPositive cash flow is a strength, but weaker conversion from reported earnings means current profitability is not translating fully into discretionary cash. If this persists, Occidental may have less flexibility to fund capital spending, reduce debt, or deliver shareholder returns without relying on commodity conditions.
Exposure To Commodity And Marketing VolatilityOccidental’s upstream, midstream, and chemicals businesses remain exposed to changing commodity prices and market spreads, while freight volatility can affect sulfur results. This creates ongoing variability in realized margins and makes the company’s long-term cash-flow roadmap dependent on execution across changing markets.
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 $62.36B.
When is Occidental Petroleum’s upcoming earnings report date?
Occidental Petroleum’s upcoming earnings report date is Nov 09, 2026 which is in 20 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 1.67%. See more information on Occidental Petroleum dividends here
What is Occidental Petroleum’s EPS estimate?
Occidental Petroleum’s EPS estimate is 1.4.
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
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$69.21 (18.49% Upside)
$69.21 (18.49% Upside)
Blogger Sentiment
Bullish
OXY Sentiment 83%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 1.4M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.4%
Last 30 Days ▼ 3.6%
Last 30 Days ▼ 3.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
55.02%
12-Months-Change
Fundamentals
Return on Equity
18.97%
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
$69.21
▲(18.49% Upside)
Technical Analysis
Ownership Overview
0.37% Insiders
18.77% Mutual Funds
0.88% Other Institutional Investors
59.26% Public Companies and Individual Investors