OXY icon

Occidental Petroleum

47.19 USD
-0.57
1.19%
At close Updated Sep 17, 4:00 PM EDT
Pre-market
After hours
47.26
+0.07
0.15%
1 day
-1.19%
5 days
3.26%
1 month
6.74%
3 months
2.63%
6 months
-0.15%
Year to date
-5.26%
1 year
-9.35%
5 years
297.89%
10 years
-30.83%
 

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

0
Funds holding %
of 7,463 funds
0
Analysts bullish %
of 7 analysts

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

Low target
$45
5% downside
Avg. target
$50
6% upside
High target
$64
36% upside

7 analyst ratings

positive
0%
neutral
100%
negative
0%
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

Financial journalist opinion

Based on 22 articles about OXY published over the past 30 days

Positive
The Motley Fool
yesterday
Why Occidental Petroleum and Other Oil Companies Rallied Today
Shares of Occidental Petroleum (OXY 4.93%) rallied 5% on Tuesday as oil prices rose.
Why Occidental Petroleum and Other Oil Companies Rallied Today
Positive
Seeking Alpha
yesterday
The Turnaround Powering Occidental Petroleum
Occidental Petroleum Corporation boosted production 14.8% YoY to 1.395 million BOE/day while keeping absolute operating costs unchanged. Per-barrel domestic lease operating costs fell to $8.55 in Q2-FY25, outperforming guidance and strengthening cost resilience. Structural savings delivered $500 million in reductions, including 13% lower unconventional well costs and faster Permian drilling cycles.
The Turnaround Powering Occidental Petroleum
Positive
The Motley Fool
yesterday
3 Magnificent S&P 500 Dividend Stocks Down as Much as 60% to Buy and Hold Forever
Need investment income? Dividend stocks are an obvious option to consider.
3 Magnificent S&P 500 Dividend Stocks Down as Much as 60% to Buy and Hold Forever
Positive
Benzinga
2 days ago
Stock Of The Day: Will Occidental Petroleum Break Out Of Triangle Pattern?
Trading in Occidental Petroleum Corporation  OXY is quiet on Monday. But the stock is still in an uptrend and it may continue to remain in it.
Stock Of The Day: Will Occidental Petroleum Break Out Of Triangle Pattern?
Positive
24/7 Wall Street
2 days ago
3 Dividend Bargains for September
One of the strongest ways to navigate an uncertain market is through dividend stocks.
3 Dividend Bargains for September
Positive
Seeking Alpha
2 days ago
Occidental Petroleum: Streamlined/Efficient Operations Trigger Richer Cash Flow Story
OXY has demonstrated its ability to drive improved capital efficiency, as observed in the lowered FY2025 capex and the raised FQ3'25 production guidance. These efforts have directly contributed to the reduction of per barrel cost and richer cash flows in H1'25, allowing the management to accelerate their deleveraging cadence. This is aided by OXY's decision to divest non-core, largely non-operated assets in its US onshore business, allowing it to largely streamline its operations.
Occidental Petroleum: Streamlined/Efficient Operations Trigger Richer Cash Flow Story
Positive
The Motley Fool
2 days ago
3 Top Buffett Stocks to Buy and Hold for the Long Haul
Warren Buffett's investing career is one of legend. The Oracle of Omaha took over what was a struggling textile company 60 years ago and turned it into a mammoth conglomerate with a market capitalization of more than $1 trillion -- making it one of less than a dozen companies that have reached that milestone.
3 Top Buffett Stocks to Buy and Hold for the Long Haul
Neutral
Forbes
2 days ago
Buy, Sell, Or Hold Occidental Petroleum Stock?
Occidental Petroleum stock (NYSE: OXY) has faced challenges this year. The stock has declined by 9%, while the S&P 500 rose by 18%.
Buy, Sell, Or Hold Occidental Petroleum Stock?
Neutral
Seeking Alpha
3 days ago
Occidental Petroleum: Ready For A Downturn, Positioned For A Rally
Occidental Petroleum is upgraded to a strong buy, driven by robust fundamentals, improving environment, operational excellence, and significant debt reductions. OXY's cost efficiencies, debt repayments, and strategic divestitures position it well to weather oil market volatility and potential economic downturns. The Stratos direct air capture project and favorable tax legislation provide long-term hedge and cash flow benefits, enhancing OXY's resilience.
Occidental Petroleum: Ready For A Downturn, Positioned For A Rally
Positive
The Motley Fool
4 days ago
This Buffett-Backed Dividend Stock Stands Above the Rest
Warren Buffett built his reputation -- and Berkshire Hathaway's success -- on dividend stocks and income investing. The legendary CEO, who's marked 60 years at the helm, directs a massive investing portfolio that brings in hundreds of millions of dollars in dividends.
This Buffett-Backed Dividend Stock Stands Above the Rest
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