OXY icon

Occidental Petroleum

46.45 USD
+1.69
3.78%
At close Jun 13, 4:00 PM EDT
After hours
46.80
+0.35
0.75%
1 day
3.78%
5 days
8.02%
1 month
4.64%
3 months
2.20%
6 months
-2.50%
Year to date
-6.75%
1 year
-22.32%
5 years
143.83%
10 years
-40.03%
 

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 7,296 funds
0
Analysts bullish %
of 12 analysts

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

44% more repeat investments, than reductions

Existing positions increased: 486 | Existing positions reduced: 338

16% more funds holding in top 10

Funds holding in top 10: 19 [Q4 2024] → 22 (+3) [Q1 2025]

10% more first-time investments, than exits

New positions opened: 131 | Existing positions closed: 119

2.3% more ownership

Funds ownership: 76.52% [Q4 2024] → 78.82% (+2.3%) [Q1 2025]

1% less capital invested

Capital invested by funds: $37.1B [Q4 2024] → $36.5B (-$546M) [Q1 2025]

5% less call options, than puts

Call options by funds: $1.56B | Put options by funds: $1.64B

2% less funds holding

Funds holding: 1,187 [Q4 2024] → 1,169 (-18) [Q1 2025]

Research analyst outlook

12 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$38
18%
downside
Avg. target
$48
4%
upside
High target
$58
25%
upside

12 analyst ratings

positive
25%
neutral
75%
negative
0%
Citigroup
Scott Gruber
5%downside
$44
Neutral
Maintained
19 May 2025
Mizuho
Nitin Kumar
25%upside
$58
Neutral
Maintained
13 May 2025
JP Morgan
John Royall
1%upside
$47
Neutral
Maintained
9 May 2025
Barclays
Betty Jiang
3%upside
$48
Equal-Weight
Maintained
8 May 2025
Susquehanna
Biju Perincheril
18%upside
$55
Positive
Maintained
22 Apr 2025

Financial journalist opinion

Based on 33 articles about OXY published over the past 30 days

Neutral
The Motley Fool
2 hours ago
2 Warren Buffett Stocks to Buy Hand Over Fist and 1 to Avoid
Warren Buffett plans to step down as the CEO of Berkshire Hathaway (BRK.A -0.52%) (BRK.B -0.77%) by the end of this year, and many people are wondering if his successor, Greg Abel, will be able to maintain the legendary investor's track record as the top manager of the conglomerate's stock portfolio.
2 Warren Buffett Stocks to Buy Hand Over Fist and 1 to Avoid
Positive
Barrons
1 day ago
One of Warren Buffett's Rare Flubs Could Stage a Comeback
Occidental Petroleum has been paying down its debt and is poised to benefit from higher oil prices.
One of Warren Buffett's Rare Flubs Could Stage a Comeback
Positive
Zacks Investment Research
1 day ago
OXY Stock Outperforms Industry in Last Two Months: How to Play
OXY stock gains 18.8% in two months, outpacing peers as Permian growth, acquisitions and debt cuts drive momentum.
OXY Stock Outperforms Industry in Last Two Months: How to Play
Neutral
Invezz
1 day ago
OXY is a top oil stock to own as Israel-Iran tensions flare: find out more
Occidental Petroleum Corp (NYSE: OXY) is inching higher this morning after Israel launched an airstrike on Iran, resulting in a meaningful increase in oil prices. Brent crude gained as much as 7.0% today following reports that Israel's attack has killed senior Iranian officials, sparking fears of broader regional escalation.
OXY is a top oil stock to own as Israel-Iran tensions flare: find out more
Positive
Market Watch
3 days ago
This Buffett favorite is one of 4 cheap stocks the ‘smartest money' has been buying lately
It's bullish when insiders invest their own money into their companies — especially when those executives and directors have a record of savvy timing.
This Buffett favorite is one of 4 cheap stocks the ‘smartest money' has been buying lately
Positive
Zacks Investment Research
5 days ago
Can OXY Stock Continue to Benefit From its Permian Basin Focus?
OXY trims Permian spending by $100 million. Drilling efficiency and usage of new technology will reduce operating expenses, without sacrificing the volumes.
Can OXY Stock Continue to Benefit From its Permian Basin Focus?
Neutral
MarketBeat
5 days ago
As Oil Prices Rebound, These Stocks Could Fuel the Next Rally
The last few years have been rough for the oil and gas sector. Mounting environmental pressure and imbalances in the rates of supply and demand have pushed Brent crude oil to fall to less than $65 per barrel throughout 2025 so far, down from $81 in 2024.
As Oil Prices Rebound, These Stocks Could Fuel the Next Rally
Positive
MarketBeat
1 week ago
A Large Oil Supply Draw Could Mean Upside in These 3 Energy Names
Connecting ideas to economic data and price action is often one of the best ways for investors to identify a winning trade for their portfolios, and today's data points to a single area of the stock market. Looking into the energy sector, there is one widely followed indicator rooted in the deepest supply-demand market dynamics that gives investors the insights they need to move forward with confidence.
A Large Oil Supply Draw Could Mean Upside in These 3 Energy Names
Positive
Zacks Investment Research
1 week ago
Occidental (OXY) Up 0.9% Since Last Earnings Report: Can It Continue?
Occidental (OXY) reported earnings 30 days ago. What's next for the stock?
Occidental (OXY) Up 0.9% Since Last Earnings Report: Can It Continue?
Positive
The Motley Fool
1 week ago
3 Warren Buffett Stocks to Buy Hand Over Fist in June
He may be set to step down as head of Berkshire Hathaway (BRK.A -1.17%) (BRK.B -1.35%) at the end of this year, but most of the conglomerate's stock holdings are still Warren Buffett's picks. So if you're looking for Buffett-approved ideas, Berkshire's portfolio is still the place to find them.
3 Warren Buffett Stocks to Buy Hand Over Fist in June
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