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
0
Funds holding %
of 7,323 funds
0
Analysts bullish %
of 8 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
43% more repeat investments, than reductions
Existing positions increased: 485 | Existing positions reduced: 339
16% more funds holding in top 10
Funds holding in top 10: 19 [Q4 2024] → 22 (+3) [Q1 2025]
2.29% more ownership
Funds ownership: 76.52% [Q4 2024] → 78.81% (+2.29%) [Q1 2025]
8% more first-time investments, than exits
New positions opened: 131 | Existing positions closed: 121
1% less capital invested
Capital invested by funds: $37.1B [Q4 2024] → $36.5B (-$547M) [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: 1,188 [Q4 2024] → 1,169 (-19) [Q1 2025]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$44
2%
downside
Avg. target
$48
7%
upside
High target
$58
29%
upside
8 analyst ratings
0 positive
0%
8 neutral
100%
0 negative
0%
Piper Sandler Mark Lear | 11%upside $50 | Neutral Maintained | 17 Jul 2025 |
JP Morgan Arun Jayaram | 7%upside $48 | Neutral Maintained | 15 Jul 2025 |
Wells Fargo Roger Read | 2%upside $46 | Equal-Weight Maintained | 15 Jul 2025 |
Scotiabank Paul Cheng | 0%upside $45 | Sector Perform Maintained | 11 Jul 2025 |
Citigroup Scott Gruber | 2%downside $44 | Neutral Maintained | 19 May 2025 |
Financial journalist opinion
Based on 36 articles about OXY published over the past 30 days
Neutral
GlobeNewsWire
1 hour ago
Occidental Announces Dividend
HOUSTON, July 30, 2025 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) announced today that its Board of Directors declared a regular quarterly dividend of $0.24 per share on common stock, payable on October 15, 2025, to stockholders of record as of the close of business on September 10, 2025.
Negative
Zacks Investment Research
2 hours ago
Analysts Estimate Occidental Petroleum (OXY) to Report a Decline in Earnings: What to Look Out for
Occidental (OXY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Neutral
Zacks Investment Research
23 hours ago
EOG or OXY: Which Oil & Gas Stock Has Better Long-Term Potential?
EOG and OXY are both operators in the oil and gas industry, having a strong presence in the Permian Basin.
Positive
Seeking Alpha
1 day ago
Occidental Petroleum: There's Big Value In One Of The Best Oil Stocks In The U.S.
Occidental Petroleum offers superior margins and a compelling valuation versus US peers, making it a standout value among large American oil companies. OXY's focus on debt reduction, operational efficiency, and future CAPEX reductions positions it for stronger free cash flow and potential dividend growth. Risks include oil price volatility, macroeconomic uncertainty, and trade/other tensions, but OXY's break-even and Buffett's stake provide a margin of safety.
Positive
Seeking Alpha
1 day ago
Occidental Petroleum: The Oil Compounder
Occidental Petroleum has transformed into a capital-efficient, free-cash-flow compounder built to thrive through commodity cycles. OXY's disciplined capital allocation, reduced debt, and diversified asset base -- including Permian, DJ, Powder River, and international -- support long-term durability. Warren Buffett's large, growing stake reinforces the investment thesis, highlighting OXY's staying power and appeal as a long-term hold.
Positive
Seeking Alpha
2 days ago
Occidental Petroleum Remains Well Below Berkshire Prices
Occidental Petroleum is undervalued, with Berkshire Hathaway steadily increasing its stake, signaling confidence despite recent underperformance. Operational efficiency gains and cost reductions have boosted margins, supporting strong free cash flow and future shareholder returns. The company has significantly improved its balance sheet, repaying $6.8 billion in debt and achieving substantial interest savings.
Negative
Seeking Alpha
2 days ago
Occidental Petroleum: Downgrading To Hold Amid Weaker Profit Expectations, Troubled Chart
I am downgrading Occidental Petroleum to hold due to weak oil prices, underwhelming performance, and a challenging profit backdrop. Despite strong free cash flow and cost control, OXY's earnings outlook has deteriorated, and valuation is no longer compelling versus peers. Technical indicators are mixed, with shares below key resistance and the primary trend still bearish, reinforcing my cautious stance.
Positive
24/7 Wall Street
2 days ago
Three of the Most Oversold, Dividend-Paying Oil Giants to Buy Today
Are you ahead, or behind on retirement? SmartAsset's free tool can match you with a financial advisor in minutes to help you answer that today.
Positive
Seeking Alpha
4 days ago
Drill, Baby, Drill: 9 Stocks With Enough Firepower To Outperform For Decades
Patience is hard, but essential. I explain why I'm doubling down on energy despite market impatience, fading reserves, and slow-moving macro tailwinds. U.S. shale is nearing an inflection point. With Tier 1 reserves dwindling, select companies still offer decades of inventory, value, and solid yield. Energy isn't a fast trade. It's a long game. I highlight overlooked opportunities that reward those who wait, even when the headlines scream otherwise.
Positive
Zacks Investment Research
5 days ago
Can Rising Reserves Continue to Fuel OXY Stock's Long-Term Growth?
Occidental's expanding oil and gas reserves, especially in the Permian Basin, are driving output, free cash flow and long-term investor appeal.
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