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 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
12 analyst ratings
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









