Occidental Petroleum
About: Occidental Petroleum is an independent exploration and production company with operations in the United States, Latin America, and the Middle East. At the end of 2023, the company reported net proved reserves of nearly 4 billion barrels of oil equivalent. Net production averaged 1,327 thousand barrels of oil equivalent per day in 2024 at a ratio of roughly 52% oil and natural gas liquids and 48% natural gas.
Employees: 13,323
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
43% more repeat investments, than reductions
Existing positions increased: 486 | Existing positions reduced: 341
9% less call options, than puts
Call options by funds: $1.48B | Put options by funds: $1.64B
2.65% less ownership
Funds ownership: 78.84% [Q1] → 76.2% (-2.65%) [Q2]
6% less funds holding
Funds holding: 1,181 [Q1] → 1,115 (-66) [Q2]
14% less capital invested
Capital invested by funds: $36.6B [Q1] → $31.5B (-$5.05B) [Q2]
29% less funds holding in top 10
Funds holding in top 10: 21 [Q1] → 15 (-6) [Q2]
31% less first-time investments, than exits
New positions opened: 116 | Existing positions closed: 168
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
UBS
Josh Silverstein
|
$46
|
Neutral
Maintained
|
15 Sep 2025 |
Melius Research
James West
|
$64
|
Hold
Initiated
|
20 Aug 2025 |
Morgan Stanley
Devin McDermott
|
$52
|
Equal-Weight
Downgraded
|
18 Aug 2025 |
Piper Sandler
Mark Lear
|
$50
|
Neutral
Maintained
|
17 Jul 2025 |
JP Morgan
Arun Jayaram
|
$48
|
Neutral
Maintained
|
15 Jul 2025 |
Wells Fargo
Roger Read
|
$46
|
Equal-Weight
Maintained
|
15 Jul 2025 |
Scotiabank
Paul Cheng
|
$45
|
Sector Perform
Maintained
|
11 Jul 2025 |
Financial journalist opinion
Based on 22 articles about OXY published over the past 30 days