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 50% oil and natural gas liquids and 50% natural gas.
Employees: 13,323
0
Funds holding %
of 7,425 funds
0
Analysts bullish %
of 12 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
12% more first-time investments, than exits
New positions opened: 185 | Existing positions closed: 165
6% more call options, than puts
Call options by funds: $2.16B | Put options by funds: $2.03B
0% less capital invested
Capital invested by funds: $37.1B [Q3] → $37.1B (-$67.5M) [Q4]
0.53% less ownership
Funds ownership: 76.98% [Q3] → 76.45% (-0.53%) [Q4]
1% less funds holding
Funds holding: 1,187 [Q3] → 1,180 (-7) [Q4]
19% less repeat investments, than reductions
Existing positions increased: 377 | Existing positions reduced: 463
27% less funds holding in top 10
Funds holding in top 10: 26 [Q3] → 19 (-7) [Q4]
Research analyst outlook
12 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$38
4%
downside
Avg. target
$50
26%
upside
High target
$64
62%
upside
12 analyst ratings
4 positive
33%
8 neutral
67%
0 negative
0%
Barclays Betty Jiang 38% 1-year accuracy 14 / 37 met price target | 17%upside $46 | Equal-Weight Maintained | 23 Apr 2025 |
Susquehanna Biju Perincheril 24% 1-year accuracy 15 / 63 met price target | 40%upside $55 | Positive Maintained | 22 Apr 2025 |
Piper Sandler Mark Lear 39% 1-year accuracy 64 / 166 met price target | 22%upside $48 | Neutral Maintained | 22 Apr 2025 |
Wells Fargo Roger Read 30% 1-year accuracy 34 / 114 met price target | 7%upside $42 | Equal-Weight Maintained | 21 Apr 2025 |
UBS Josh Silverstein 22% 1-year accuracy 13 / 58 met price target | 4%downside $38 | Neutral Maintained | 16 Apr 2025 |
Financial journalist opinion
Based on 38 articles about OXY published over the past 30 days
Positive
Zacks Investment Research
9 hours ago
Devon Energy vs. Occidental: Which Energy Stock Has More Growth Ahead?
DVN and OXY remain strong performers in the oil and gas sector, with significant potential for further growth from current levels.
Positive
Zacks Investment Research
10 hours ago
Occidental Petroleum (OXY) Earnings Expected to Grow: Should You Buy?
Occidental (OXY) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Positive
The Motley Fool
18 hours ago
Where Will Occidental Petroleum Stock Be in 1 Year?
Occidental Petroleum (OXY -0.47%), commonly known as Oxy, gets a lot of attention because it's one of Warren Buffett's favorite energy stocks. Buffett's Berkshire Hathaway (BRK.A 0.53%) (BRK.B 0.74%) started investing in the oil and gas producer in the first quarter of 2022, and it increased its stake to $10.77 billion -- or 28.2% of its outstanding shares -- over the following three years.
Negative
Zacks Investment Research
1 day ago
Occidental Petroleum (OXY) Stock Falls Amid Market Uptick: What Investors Need to Know
In the closing of the recent trading day, Occidental Petroleum (OXY) stood at $40.35, denoting a -0.39% change from the preceding trading day.
Positive
Zacks Investment Research
1 day ago
These 2 Oils and Energy Stocks Could Beat Earnings: Why They Should Be on Your Radar
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
Positive
MarketBeat
1 day ago
Occidental's Hidden Gem: How OxyChem Could Boost Profits
The company is also building major growth engines outside traditional energy, including its fast-moving direct air capture (DAC) business, 1PointFive, and its highly profitable chemical division, OxyChem, which provides steady, cash-generating support across economic cycles.
Positive
Seeking Alpha
3 days ago
Warren Buffett's April DiviDogs Tag One Buy In 15 'Safer'
Berkshire Hathaway's Q4 additions include Constellation Brands, while increasing stakes in Occidental Petroleum, Domino's Pizza, and Pool, reflecting Buffett's strategic growth and value investments. Top Berkshire dividend stocks like Kraft Heinz, Sirius XM, and Ally Financial offer attractive yields, meeting the dogcatcher ideal of dividends exceeding share prices. Analysts forecast significant gains for Berkshire's top-yielding stocks, with Ally Financial leading potential returns, highlighting the value in underpriced, high-yield investments.
Positive
Seeking Alpha
6 days ago
Occidental Petroleum: The LCV Headwinds Give An Attractive Entry
I maintain a "Buy" rating on Occidental Petroleum (OXY) due to its operational efficiency, successful CrownRock integration, and strong FCF generation despite recent stock price declines. OXY's FY2024 results showed record U.S. production and cost reductions, with all business segments performing well, enhancing shareholder value. Potential DoE funding cuts for clean energy projects and lower Q1 2025 production guidance have pressured the stock, but STRATOS' progress remains a key catalyst.
Negative
Zacks Investment Research
1 week ago
Occidental Petroleum (OXY) Stock Falls Amid Market Uptick: What Investors Need to Know
Occidental Petroleum (OXY) reachead $39.83 at the closing of the latest trading day, reflecting a -0.35% change compared to its last close.
Neutral
The Motley Fool
1 week ago
Time to Rethink Occidental Petroleum; Here Are 2 High-Yield Energy Alternatives
Occidental Petroleum (OXY 2.41%) has a big-name shareholder in the form of Warren Buffett's Berkshire Hathaway. That has put the company onto the radar of investors that follow the so-called Oracle of Omaha's every move (which includes most of Wall Street).
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