Occidental Petroleum Corporation
$ 56.04
4.14%
06 Aug - close price
- Market Cap 53,521,293,000 USD
- Current Price $ 56.04
- High / Low $ 57.35 / 55.82
- Stock P/E 74.74
- Book Value 30.92
- EPS 0.72
- Next Earning Report -
- Dividend Per Share $0.98
- Dividend Yield 1.78 %
- Next Dividend Date -
- ROA 0.02 %
- ROE 0.04 %
- 52 Week High 67.14
- 52 Week Low 38.44
About
Occidental Petroleum Corporation is an American company engaged in hydrocarbon exploration in the United States, the Middle East, and Colombia as well as petrochemical manufacturing in the United States, Canada, and Chile.
Analyst Target Price
$64.52
Quarterly Earnings
| Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reported Date | 2026-08-05 | 2026-05-05 | 2026-02-18 | 2025-11-10 | 2025-08-06 | 2025-05-07 | 2025-02-18 | 2024-11-12 | 2024-08-07 | 2024-05-07 | 2024-02-14 | 2023-11-07 |
| Reported EPS | 2.4 | 1.06 | 0.31 | 0.64 | 0.39 | 0.87 | 0.8 | 1 | 1.03 | 0.63 | 0.74 | 1.18 |
| Estimated EPS | 1.92 | 0.59 | 0.19 | 0.52 | 0.31 | 0.76 | 0.67 | 0.75 | 0.77 | 0.57 | 0.71 | 0.84 |
| Surprise | 0.48 | 0.47 | 0.12 | 0.12 | 0.08 | 0.11 | 0.13 | 0.25 | 0.26 | 0.06 | 0.03 | 0.34 |
| Surprise Percentage | 25% | 79.661% | 63.1579% | 23.0769% | 25.8065% | 14.4737% | 19.403% | 33.3333% | 33.7662% | 10.5263% | 4.2254% | 40.4762% |
Next Quarterly Earnings
| Reported Date |
| Fiscal Date Ending |
| Estimated EPS |
| Currency |
Previous Dividend Records
| Jul 2026 | Apr 2026 | Jan 2026 | Oct 2025 | Jul 2025 | Apr 2025 | Jan 2025 | Oct 2024 | Jul 2024 | Apr 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Payment Date | 2026-07-15 | 2026-04-15 | 2026-01-15 | 2025-10-15 | 2025-07-15 | 2025-04-15 | 2025-01-15 | 2024-10-15 | 2024-07-15 | 2024-04-15 |
| Amount | $0.26 | $0.26 | $0.24 | $0.24 | $0.24 | $0.24 | $0.22 | $0.22 | $0.22 | $0.22 |
Next Dividend Records
| Dividend per share (year): | - |
| Dividend Yield | - |
| Next Dividend Date | - |
| Ex-Dividend Date | - |
Recent News: OXY
2026-08-07 01:08:41
Occidental Petroleum Corp (OXY) reported strong Q2 2026 results, including record free cash flow of $3 billion and a significant reduction in principal debt. The company also increased its quarterly dividend by 8% and outlined a clear path to add over $4 billion in annual sustainable cash flow by 2030. Despite operational challenges like Middle East disruptions and increasing CO2 costs, OXY emphasized efficiency-led growth and continued investment in advanced recovery techniques.
2026-08-06 23:06:54
Oxy (Occidental Petroleum Corp.) is focusing on advanced recovery techniques to combat production declines and boost cash flow. The company also anticipates continued efficiency gains in the Permian Basin, where it plans to reduce its rig count by three in the fourth quarter while bringing 15 new wells online.
2026-08-06 22:10:35
Two energy stocks, Permian Resources (PR) and Magnolia Oil & Gas (MGY), have received bullish sentiments from analysts. Permian Resources has a Strong Buy consensus with a 19.9% upside, while Magnolia Oil & Gas has a Moderate Buy consensus with a 30.6% upside, based on recent analyst ratings and price targets. These ratings highlight the positive outlook from financial experts on these companies within the Energy sector.
2026-08-06 21:08:31
Occidental Petroleum reported its highest quarterly profit since 2022, with adjusted earnings of $2.40 per share and revenue of $8.32 billion, exceeding Wall Street estimates. The company used $3 billion in free cash flow to retire $1.9 billion in debt, bringing its principal down to $11.8 billion, and raised its dividend by 8%. Production exceeded guidance, and realized crude prices jumped, contributing to a strong financial performance driven by elevated oil prices and geopolitical factors.
2026-08-06 20:53:48
Occidental Petroleum expects flat production and capital spending in 2027, maintaining its focus on debt reduction. The company aims for $5.9 billion in capital spending for 2027, with production levels similar to 2026. Prioritizing debt reduction, Occidental plans to use increased free cash flow to strengthen its balance sheet before redeeming Berkshire Hathaway's preferred equity stake in 2029.
2026-08-06 17:09:38
Western Midstream Partners (WES) reported stronger-than-expected Q2 2026 results, surpassing adjusted earnings and revenue estimates, and subsequently raised its full-year guidance. The midstream operator highlighted record throughput, higher commodity prices, and the positive impact of the Brazos Delaware II acquisition as key drivers for its performance. The company also emphasized its growing produced water business and strategic M&A approach, aiming for accretive deals that support its distribution and balance sheet.
