Roth Capital Brokers Lower Earnings Estimates for OXY

Occidental Petroleum Co. (NYSE:OXY) – Investment analysts at Roth Capital reduced their Q3 2025 EPS estimates for shares of Occidental Petroleum in a note issued to investors on Thursday, May 8th. Roth Capital analyst L. Mariani now anticipates that the oil and gas producer will earn $0.39 per share for the quarter, down from their prior estimate of $0.40. The consensus estimate for Occidental Petroleum’s current full-year earnings is $3.58 per share. Roth Capital also issued estimates for Occidental Petroleum’s Q4 2025 earnings at $0.56 EPS, FY2025 earnings at $1.98 EPS, Q1 2026 earnings at $0.77 EPS, Q2 2026 earnings at $0.66 EPS, Q3 2026 earnings at $0.88 EPS, Q4 2026 earnings at $0.95 EPS and FY2026 earnings at $3.27 EPS.

Occidental Petroleum (NYSE:OXY) last announced its earnings results on Wednesday, May 7th. The oil and gas producer reported $0.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.74 by $0.13. Occidental Petroleum had a net margin of 11.37% and a return on equity of 16.33%. The firm had revenue of $6.80 billion for the quarter, compared to analyst estimates of $6.97 billion. During the same quarter in the prior year, the business posted $0.63 EPS. The business’s revenue was up 13.9% compared to the same quarter last year.

Other research analysts have also issued research reports about the stock. Scotiabank lowered shares of Occidental Petroleum from a “sector outperform” rating to a “sector perform” rating and set a $40.00 target price on the stock. in a research report on Friday, April 11th. Morgan Stanley set a $58.00 target price on shares of Occidental Petroleum and gave the stock an “overweight” rating in a research report on Wednesday, March 26th. Raymond James lowered shares of Occidental Petroleum from a “strong-buy” rating to an “outperform” rating and decreased their target price for the stock from $81.00 to $64.00 in a research report on Monday, March 10th. UBS Group decreased their target price on shares of Occidental Petroleum from $44.00 to $38.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 16th. Finally, JPMorgan Chase & Co. reduced their price target on shares of Occidental Petroleum from $52.00 to $47.00 and set a “neutral” rating on the stock in a research report on Friday. Three equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $54.05.

Occidental Petroleum Stock Performance

Shares of NYSE:OXY opened at $43.82 on Monday. The company’s 50 day moving average price is $42.93 and its two-hundred day moving average price is $47.14. Occidental Petroleum has a 12-month low of $34.79 and a 12-month high of $64.76. The firm has a market cap of $43.12 billion, a PE ratio of 17.96 and a beta of 0.81. The company has a quick ratio of 0.76, a current ratio of 0.95 and a debt-to-equity ratio of 0.95.

Occidental Petroleum Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Tuesday, June 10th will be paid a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 2.19%. The ex-dividend date is Tuesday, June 10th. Occidental Petroleum’s payout ratio is 39.02%.

Hedge Funds Weigh In On Occidental Petroleum

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Altshuler Shaham Ltd bought a new position in Occidental Petroleum in the 4th quarter valued at approximately $26,000. Whipplewood Advisors LLC bought a new position in Occidental Petroleum in the 4th quarter valued at approximately $27,000. VSM Wealth Advisory LLC bought a new position in Occidental Petroleum in the 4th quarter valued at approximately $27,000. Bernard Wealth Management Corp. bought a new position in Occidental Petroleum in the 4th quarter valued at approximately $32,000. Finally, Grove Bank & Trust lifted its stake in Occidental Petroleum by 129.2% in the 1st quarter. Grove Bank & Trust now owns 722 shares of the oil and gas producer’s stock valued at $36,000 after purchasing an additional 407 shares during the last quarter. Institutional investors own 88.70% of the company’s stock.

Occidental Petroleum Company Profile

Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States, the Middle East, and North Africa. It operates through three segments: Oil and Gas, Chemical, and Midstream and Marketing. The company's Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas.