Roth Capital Brokers Increase Earnings Estimates for OXY

Occidental Petroleum Co. (NYSE:OXY) – Investment analysts at Roth Capital raised their Q2 2025 earnings per share (EPS) estimates for shares of Occidental Petroleum in a research report issued to clients and 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 previous 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.

A number of other equities research analysts have also weighed in on OXY. Wolfe Research raised their price objective on Occidental Petroleum from $73.00 to $75.00 and gave the company a “buy” rating in a research note on Tuesday, November 12th. JPMorgan Chase & Co. reissued a “neutral” rating and set a $56.00 price target on shares of Occidental Petroleum in a research report on Friday, November 8th. TD Cowen cut their price target on shares of Occidental Petroleum from $80.00 to $68.00 and set a “buy” rating on the stock in a report on Tuesday, November 12th. Wells Fargo & Company decreased their price objective on shares of Occidental Petroleum from $53.00 to $52.00 and set an “equal weight” rating for the company in a report on Thursday. Finally, Raymond James upped their target price on shares of Occidental Petroleum from $77.00 to $78.00 and gave the company a “strong-buy” rating in a research note on Thursday, November 21st. Two investment analysts have rated the stock with a sell rating, thirteen have given a hold rating, six have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Occidental Petroleum has an average rating of “Hold” and a consensus target price of $61.90.

Occidental Petroleum Stock Up 2.3 %

Shares of Occidental Petroleum stock opened at $52.16 on Friday. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.95 and a quick ratio of 0.76. Occidental Petroleum has a 1-year low of $45.17 and a 1-year high of $71.18. The business has a 50-day moving average of $49.14 and a 200-day moving average of $51.45. The company has a market capitalization of $48.95 billion, a PE ratio of 21.38 and a beta of 1.55.

Occidental Petroleum (NYSE:OXY) last announced its earnings results on Tuesday, February 18th. The oil and gas producer reported $0.80 earnings per share for the quarter, beating the consensus estimate of $0.67 by $0.13. Occidental Petroleum had a net margin of 11.37% and a return on equity of 16.33%. The business had revenue of $6.84 billion during the quarter, compared to the consensus estimate of $7.14 billion.

Institutional Trading of Occidental Petroleum

Several hedge funds have recently added to or reduced their stakes in the business. Fortitude Family Office LLC increased its holdings in shares of Occidental Petroleum by 160.0% during the third quarter. Fortitude Family Office LLC now owns 494 shares of the oil and gas producer’s stock valued at $25,000 after purchasing an additional 304 shares during the period. Altshuler Shaham Ltd bought a new position in Occidental Petroleum in the 4th quarter valued at about $26,000. VSM Wealth Advisory LLC acquired a new position in Occidental Petroleum during the 4th quarter valued at about $27,000. Whipplewood Advisors LLC bought a new stake in shares of Occidental Petroleum during the 4th quarter worth about $27,000. Finally, Mizuho Securities Co. Ltd. acquired a new stake in shares of Occidental Petroleum in the 3rd quarter worth approximately $32,000. Institutional investors own 88.70% of the company’s stock.

Insider Transactions at Occidental Petroleum

In other Occidental Petroleum news, major shareholder Berkshire Hathaway Inc acquired 763,017 shares of Occidental Petroleum stock in a transaction dated Friday, February 7th. The stock was acquired at an average cost of $46.82 per share, for a total transaction of $35,724,455.94. Following the completion of the transaction, the insider now owns 264,941,431 shares in the company, valued at approximately $12,404,557,799.42. This represents a 0.29 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Over the last quarter, insiders bought 6,854,394 shares of company stock worth $315,101,532. Insiders own 0.31% of the company’s stock.

Occidental Petroleum Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 10th will be issued a dividend of $0.24 per share. This is an increase from Occidental Petroleum’s previous quarterly dividend of $0.22. The ex-dividend date is Monday, March 10th. This represents a $0.96 annualized dividend and a dividend yield of 1.84%. Occidental Petroleum’s payout ratio is 36.07%.

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.