10,887 Occidental Petroleum Corporation $OXY Shares Purchased by Lido Advisors LLC

Lido Advisors LLC raised its stake in Occidental Petroleum Corporation (NYSE:OXY) by 13.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 94,471 shares of the oil and gas producer’s stock after acquiring an additional 10,887 shares during the quarter. Lido Advisors LLC’s holdings in Occidental Petroleum were worth $5,226,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Axiom Investment Management LLC bought a new stake in shares of Occidental Petroleum during the 1st quarter valued at approximately $25,000. GKV Capital Management Co. Inc. bought a new position in Occidental Petroleum in the 1st quarter valued at approximately $26,000. William Mack & Associates Inc. bought a new position in Occidental Petroleum in the 3rd quarter valued at approximately $27,000. Hara Capital LLC acquired a new stake in Occidental Petroleum in the second quarter valued at approximately $25,000. Finally, Ballast Advisors LLC acquired a new stake in Occidental Petroleum in the first quarter valued at approximately $39,000. Institutional investors own 88.70% of the company’s stock.

Occidental Petroleum Stock Up 2.0%

Shares of NYSE OXY opened at $58.39 on Friday. The company has a 50 day simple moving average of $59.79 and a 200 day simple moving average of $56.56. The firm has a market cap of $58.39 billion, a PE ratio of 7.87, a price-to-earnings-growth ratio of 0.65 and a beta of 0.16. Occidental Petroleum Corporation has a 1 year low of $38.80 and a 1 year high of $67.45. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.38 and a quick ratio of 1.13.

Occidental Petroleum (NYSE:OXY) last posted its earnings results on Monday, November 9th. The oil and gas producer reported $1.91 earnings per share for the quarter, topping analysts’ consensus estimates of $1.46 by $0.45. Occidental Petroleum had a net margin of 32.17% and a return on equity of 18.55%. The firm had revenue of $6.77 billion for the quarter, compared to analyst estimates of $6.82 billion. During the same period in the previous year, the firm posted $0.64 EPS. The company’s revenue for the quarter was up 20.6% compared to the same quarter last year. On average, research analysts forecast that Occidental Petroleum Corporation will post 6.95 EPS for the current year.

Occidental Petroleum Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 15th. Stockholders of record on Thursday, December 10th will be issued a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date is Thursday, December 10th. Occidental Petroleum’s payout ratio is 15.09%.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on OXY shares. Seaport Research Partners assumed coverage on shares of Occidental Petroleum in a research note on Thursday, September 3rd. They set a “buy” rating and a $73.00 target price on the stock. Roth Capital upgraded Occidental Petroleum from a “neutral” rating to a “buy” rating and set a $70.00 price target for the company in a research note on Friday, October 16th. Morgan Stanley raised their price objective on Occidental Petroleum from $69.00 to $71.00 and gave the company an “equal weight” rating in a report on Thursday, October 15th. The Goldman Sachs Group boosted their price objective on Occidental Petroleum from $69.00 to $76.00 and gave the stock a “buy” rating in a research report on Tuesday, October 27th. Finally, Stephens boosted their price objective on Occidental Petroleum from $78.00 to $80.00 and gave the stock an “overweight” rating in a research report on Monday, October 19th. Twelve research analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $67.62.

More Occidental Petroleum News

These are some of the OXY news items that stood out recently:

• Positive Sentiment: OXY beat third-quarter earnings expectations, supported by higher oil prices and strong midstream results, and exceeded production guidance. The company reported robust cash flow and repaid $1.8 billion of debt during the quarter. Occidental Petroleum Q3 Earnings Beat Estimates on Strong Oil Prices
• Positive Sentiment: Management highlighted substantial deleveraging: reports cite $10.4 billion of debt reductions in 2026 and a $6 billion debt target. Occidental also outlined an estimated $700–800 million in sustainable cash-flow improvement for 2027, with spending and potential buybacks in focus. Occidental Q3 Earnings Call Centers on Debt Cuts and Cash Flow
• Negative Sentiment: OXY remains exposed to oil-price swings, which could weaken cash flow if crude prices fall. A Trefis article also considers a potential 30% downside scenario, underscoring valuation risk. Can Occidental Petroleum Stock Fall 30?

About Occidental Petroleum

Occidental Petroleum Corporation is an energy and chemicals company headquartered in Houston, Texas. Its oil and gas business explores for and produces crude oil, natural gas liquids and natural gas, with operations in the United States and international markets, including the Middle East and North Africa. Through its OxyChem business, Occidental manufactures and markets basic chemicals and vinyl products used in applications such as water treatment, construction and consumer goods. The company also develops carbon management and lower-carbon technology projects, including carbon capture and storage.