TipRanks
Go Ultimate55% OFF

Occidental Petroleum (OXY) Stock Price & Analysis

12,757 Followers

OXY Stock Chart & Stats

$56.36-$0.97(-1.69%)
At close: 4:00 PM EST
$55$57.5$60$62.5Aug 10Aug 24Sep 8Sep 21Oct 5Oct 19Nov 2
Day’s Range
$56.25 - $58.78
52-Week Range
$38.80 - $67.45
Previous Close
$57.33
Volume
N/A
Average Volume (3M)
9.09M
Market Cap
$57.31B
Enterprise Value
$68.54B
Total Cash (Recent Filing)
$4.15B
Total Debt (Recent Filing)
$14.63B
Price to Earnings (P/E)
8.5
Beta
0.00
Next Earnings
Nov 09, 2026 (Est.)
Dividend Yield
1.85%

Bulls Say, Bears Say

Bulls Say

Resource Runway

A large resource base and extended low-cost development runway support production continuity beyond the next few quarters. This gives Occidental opportunities to sustain volumes, improve recovery through waterflood and EOR projects, and spread infrastructure and operating efficiencies across a durable asset platform.

Cash Generation And Deleveraging

Strong free cash flow combined with debt reduction improves financial resilience and lowers recurring interest burden. Continued deleveraging can expand future capital-allocation flexibility, reduce exposure to refinancing pressure, and help Occidental retain more cash through commodity-price volatility.

Structural Efficiency Gains

Documented cost savings and lower lease operating expense can support margins across a range of commodity prices. Further well-cost reductions and efficiency initiatives provide a durable earnings lever because they can improve cash generation without requiring equivalent production growth or higher prices.

Bears Say

Commodity Cyclicality

Occidental's earnings remain highly exposed to oil, gas and chemical pricing, so current profitability may not represent a stable baseline. Historical margin swings can make cash generation and capital planning less predictable, particularly when commodity prices or end-market demand weaken.

Weak Cash Conversion

Positive operating cash flow and free cash flow are important strengths, but the latest period shows earnings are not converting cleanly into distributable cash. If this persists, Occidental may have less internally generated funding for debt reduction, development spending, dividends, or other strategic priorities.

Stratos Execution Risk

Delays in the Stratos carbon-management project create execution and timing uncertainty around a potentially important low-carbon growth initiative. Additional commissioning issues could postpone expected operating benefits, extend capital needs, and make the contribution from this business less predictable over the coming quarters.

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 $57.31B.
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 3 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 1.85%. 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 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