Research Analysts Set Expectations for OXY Q2 Earnings

Occidental Petroleum Co. (NYSE:OXY) – Roth Capital lifted their Q2 2025 earnings per share estimates for Occidental Petroleum in a note issued to investors on Wednesday, February 19th. Roth Capital analyst L. Mariani now anticipates that the oil and gas producer will post earnings per share of $0.89 for the quarter, up from their prior estimate of $0.81. The consensus estimate for Occidental Petroleum’s current full-year earnings is $3.56 per share. Roth Capital also issued estimates for Occidental Petroleum’s Q3 2025 earnings at $0.96 EPS, Q4 2025 earnings at $1.18 EPS, FY2025 earnings at $3.94 EPS, Q1 2026 earnings at $1.09 EPS, Q2 2026 earnings at $0.93 EPS, Q3 2026 earnings at $1.04 EPS and FY2026 earnings at $4.17 EPS.

Occidental Petroleum (NYSE:OXY) last issued its earnings results on Tuesday, February 18th. The oil and gas producer reported $0.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.67 by $0.13. Occidental Petroleum had a return on equity of 16.33% and a net margin of 11.37%. The firm had revenue of $6.84 billion for the quarter, compared to analysts’ expectations of $7.14 billion.

OXY has been the topic of several other research reports. Stephens reiterated an “overweight” rating and set a $71.00 price objective on shares of Occidental Petroleum in a report on Wednesday. Mizuho cut their price objective on Occidental Petroleum from $72.00 to $70.00 and set a “neutral” rating on the stock in a report on Monday, December 16th. Truist Financial lifted their price objective on Occidental Petroleum from $56.00 to $58.00 and gave the company a “hold” rating in a report on Monday, January 13th. Wells Fargo & Company cut their price objective on Occidental Petroleum from $53.00 to $52.00 and set an “equal weight” rating on the stock in a report on Thursday. Finally, The Goldman Sachs Group lowered Occidental Petroleum from a “neutral” rating to a “sell” rating and dropped their target price for the company from $54.00 to $45.00 in a research report on Friday, January 31st. Two research analysts have rated the stock with a sell rating, thirteen have issued a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $61.90.

Occidental Petroleum Trading Down 3.2 %

NYSE:OXY opened at $50.42 on Friday. Occidental Petroleum has a fifty-two week low of $45.17 and a fifty-two week high of $71.18. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.95 and a quick ratio of 0.76. The stock has a market capitalization of $47.31 billion, a PE ratio of 20.66 and a beta of 1.55. The business’s 50-day simple moving average is $49.20 and its 200-day simple moving average is $51.41.

Occidental Petroleum Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 10th will be given a dividend of $0.24 per share. This is a positive change from Occidental Petroleum’s previous quarterly dividend of $0.22. The ex-dividend date of this dividend is Monday, March 10th. This represents a $0.96 annualized dividend and a dividend yield of 1.90%. Occidental Petroleum’s payout ratio is 36.07%.

Insider Buying and Selling

In other Occidental Petroleum news, major shareholder Berkshire Hathaway Inc bought 763,017 shares of the firm’s stock in a transaction that occurred on Friday, February 7th. The shares were acquired at an average cost of $46.82 per share, with a total value of $35,724,455.94. Following the acquisition, the insider now owns 264,941,431 shares of the company’s stock, valued at $12,404,557,799.42. The trade was a 0.29 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last three months, insiders have acquired 6,854,394 shares of company stock valued at $315,101,532. 0.31% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Segment Wealth Management LLC increased its holdings in shares of Occidental Petroleum by 5.2% during the 3rd quarter. Segment Wealth Management LLC now owns 3,973 shares of the oil and gas producer’s stock worth $205,000 after acquiring an additional 196 shares during the last quarter. Leavell Investment Management Inc. increased its holdings in shares of Occidental Petroleum by 3.3% during the 3rd quarter. Leavell Investment Management Inc. now owns 6,241 shares of the oil and gas producer’s stock worth $323,000 after acquiring an additional 200 shares during the last quarter. Howard Capital Management Inc. boosted its stake in Occidental Petroleum by 5.4% in the 4th quarter. Howard Capital Management Inc. now owns 4,234 shares of the oil and gas producer’s stock valued at $209,000 after purchasing an additional 216 shares during the period. Deseret Mutual Benefit Administrators boosted its stake in Occidental Petroleum by 27.1% in the 4th quarter. Deseret Mutual Benefit Administrators now owns 1,164 shares of the oil and gas producer’s stock valued at $58,000 after purchasing an additional 248 shares during the period. Finally, Empire Financial Management Company LLC boosted its stake in Occidental Petroleum by 4.1% in the 3rd quarter. Empire Financial Management Company LLC now owns 6,383 shares of the oil and gas producer’s stock valued at $329,000 after purchasing an additional 250 shares during the period. 88.70% of the stock is owned by institutional investors and hedge funds.

About 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, 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.