Occidental Petroleum
Occidental Petroleum Corporation (OXY) is a US-based integrated energy company chiefly involved in oil and gas exploration and production, with significant operations in the Permian Basin and related midstream and chemical activities. The company also pursues carbon management opportunities, including carbon capture and utilisation initiatives, which complement its enhanced oil recovery work. With a market capitalisation in the multi‑billion-dollar range, Occidental’s cash flows and profits are highly sensitive to oil and gas prices and to operational performance in its core basins. Investors should weigh the potential for income and capital appreciation against cyclical commodity risk, capital intensity and regulatory and environmental transition pressures. Historical dividends and capital allocation can change with oil cycles and balance‑sheet priorities. This summary is for general, educational purposes only and does not constitute personal advice; values can rise and fall and returns are not guaranteed. Consider consulting a financial adviser to assess whether OXY fits your investment objectives and risk tolerance.
Why It's Moving
OXY Faces Analyst Warnings of 8% Downside as Oil Pullback Fuels Fresh Selling Pressure
- Crude oil prices dipped sharply after the Strait of Hormuz reopened due to a temporary ceasefire, easing supply fears and dragging down leveraged oil stocks like OXY.
- Citigroup slashed its price target from $67 to $62, signaling caution on near-term oil balances and amplifying bearish momentum.
- Profit-taking hit after OXY's strong run, with option traders showing moderately bearish sentiment amid rising volatility.
OXY Faces Analyst Warnings of 8% Downside as Oil Pullback Fuels Fresh Selling Pressure
- Crude oil prices dipped sharply after the Strait of Hormuz reopened due to a temporary ceasefire, easing supply fears and dragging down leveraged oil stocks like OXY.
- Citigroup slashed its price target from $67 to $62, signaling caution on near-term oil balances and amplifying bearish momentum.
- Profit-taking hit after OXY's strong run, with option traders showing moderately bearish sentiment amid rising volatility.
When is the next earnings date for Occidental Petroleum (OXY)?
Occidental Petroleum (OXY) is expected to report its next earnings on May 5, 2026, after market close. This release will cover the first quarter of 2026, following the prior quarter's report on February 18, 2026. A conference call is typically scheduled the following day, though the exact date remains unconfirmed by the company.
Stock Performance Snapshot
Analyst Rating
Analysts suggest holding Occidental Petroleum's stock with a target price of $48.91, indicating limited short-term growth.
Financial Health
Occidental Petroleum is performing well with strong revenue, profits, and cash flow, indicating solid financial stability.
Dividend
Occidental Petroleum's dividend yield of 1.59% is below average, indicating modest returns from dividends. If you invested $1000, you would be paid $15.90 a year in dividends (based on the last 12 months).
View more stocks by downloading the app for FREE
It only takes 60 seconds.
Baskets Featuring OXY
Aftermath of Airstrikes: Defense & Energy Fortification
A carefully selected group of defense contractors and energy companies positioned to benefit from recent US military action against Iran. These stocks were handpicked by our analysts to capture potential gains from increased defense spending and energy price volatility in an unstable Middle East.
Published: July 1, 2025
Explore BasketCarbon-Negative Supply-Chain Enablers
This carefully selected group of stocks represents companies building our carbon-negative future. Professional analysts have identified these firms as leaders in technologies that permanently remove CO₂ from the atmosphere, positioning them to benefit from the growing demand for verifiable carbon removal solutions.
Published: June 17, 2025
Explore BasketBye-Bye Buffet: The 5,500,000% Investor
Follow in the footsteps of Warren Buffett, one of history's greatest investors, with this carefully selected portfolio of his favorite companies. As Buffett prepares to step down as Berkshire's CEO, now's your chance to invest like the Oracle of Omaha.
Published: May 18, 2025
Explore BasketTrump's US$1 Trillion Gulf Deals
This carefully selected group of stocks and ETFs is positioned to benefit from President Trump's historic investment agreements with Gulf nations. Our analysts have identified companies that could see significant growth from these massive cross-border deals in technology, energy, and infrastructure.
Published: May 9, 2025
Explore BasketWhy You’ll Want to Watch This Stock
Permian production exposure
Significant Permian Basin operations drive scale and cash generation, though output and profits remain tied to volatile oil and gas prices.
Carbon capture initiatives
Occidental invests in carbon management and CO2‑based enhanced recovery, offering diversification but adding execution and regulatory risks.
Cyclical, regulatory risks
Energy transition and environmental policy can affect long‑term prospects; investors should balance potential returns with transition and market volatility.
Why invest with Nemo?
Zero Commission
Trade stocks, ETFs, and more with zero commission. Keep more of your returns.
Trusted & Regulated
Part of Exinity Group 2015, serving over a million customers globally.
6% Interest on Cash
Earn 6% AER on uninvested cash with daily interest payments.