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

Wells Fargo Double Upgrade Lifts OXY Despite Broader Analyst Skepticism on Energy Outlook

Occidental Petroleum received a significant double upgrade from Wells Fargo on March 12, 2026, citing potential for stronger Permian productivity and improved capital intensity. However, this contrasts with mixed analyst sentiment overall, as the stock faces headwinds from a challenging earnings environment and rising bearish sentiment in recent months.
Sentiment:
๐ŸŒ‹Volatile
  • Wells Fargo's double upgrade highlights optimism around OXY's Permian operations and operational efficiency, suggesting the company can unlock value through better capital allocation in its core asset base.
  • The broader analyst consensus remains cautious, with 16 of 26 covering analysts maintaining 'Hold' ratings and five issuing 'Strong Sell' ratingsโ€”a configuration that has turned less bullish as bearish coverage increased from three to five positions over the past three months.
  • Full-year 2025 earnings are expected to decline 39% year-over-year to $2.11 in adjusted EPS, reflecting sector pressure from lower oil prices and softer demand, which could limit upside even if Permian productivity improves.

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

Occidental Petroleum (OXY) is estimated to announce its next earnings report between May 6 and May 12, 2026, with the company having not yet officially confirmed the specific date. The earnings report will cover first-quarter 2026 results. Based on historical reporting patterns, the company typically releases earnings in early May, and analysts expect an earnings per share of approximately $0.38 for this period. Investors should monitor OXY's investor relations announcements for the confirmed release date and time.

Stock Performance Snapshot

Hold

Analyst Rating

Analysts suggest keeping Occidental Petroleum's stock as it may not significantly rise or fall soon.

Above Average

Financial Health

Occidental Petroleum is performing well with strong profits and cash generation, indicating solid financial health.

Below Average

Dividend

Occidental Petroleum's dividend yield of 1.66% is lower than many investors prefer. If you invested $1000 you would be paid $16.60 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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