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Occidental Petroleum Corporation

Occidental Petroleum Corporation

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 multiโ€‘billion-dollar range, Occidentalโ€™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 balanceโ€‘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

Occidental Petroleum Corporation

Occidental Petroleum Bolsters Balance Sheet with $9.7B OxyChem Sale to Berkshire Hathaway.

Occidental Petroleum finalized the $9.7 billion cash sale of its OxyChem chemical unit to Berkshire Hathaway on January 2, sharpening its focus on high-return oil and gas operations amid softer commodity prices. CEO Vicki Hollub emphasized that the proceeds will accelerate debt reduction, enhancing financial flexibility as the company eyes its Q4 earnings release on February 19.
Sentiment:
๐ŸƒBullish
  • Completed OxyChem divestiture for $9.7B in cash, enabling swift deleveraging and portfolio streamlining to counter lower oil price pressures.
  • Revised fee agreement with Western Midstream cuts costs, boosting operational efficiency and cash flow preservation.
  • 2026 capex slashed 10-15% to $6.3-6.7B, prioritizing liquidity for high-return projects ahead of pivotal Q4 earnings call.

When is the next earnings date for Occidental Petroleum Corporation (OXY)?

Occidental Petroleum (OXY) is estimated to report its next earnings on February 18, 2026, after market close, covering the Q4 2025 fiscal quarter. This date aligns with the company's historical pattern of late-February releases for year-end results, though it remains unconfirmed by the company. Investors should monitor for official announcements as the date approaches.

Stock Performance Snapshot

Hold

Analyst Rating

Analysts suggest holding Occidental Petroleum's stock with a target price of $48.91, indicating modest growth potential.

Above Average

Financial Health

Occidental Petroleum is performing well with strong revenue and cash flow, indicating solid financial stability.

Average

Dividend

Occidental Petroleum's dividend yield of 2.14% is reasonable for those seeking dividend income. If you invested $1000 you would be paid $21.40 a year in dividends (based on the last 12 months).

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

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Why Youโ€™ll Want to Watch This Stock

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Permian production exposure

Significant Permian Basin operations drive scale and cash generation, though output and profits remain tied to volatile oil and gas prices.

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Carbon capture initiatives

Occidental invests in carbon management and CO2โ€‘based enhanced recovery, offering diversification but adding execution and regulatory risks.

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Cyclical, regulatory risks

Energy transition and environmental policy can affect longโ€‘term prospects; investors should balance potential returns with transition and market volatility.

Compare Occidental Petroleum with other stocks

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