Occidental Petroleum (OXY) Projected to Announce Quarterly Earnings on Monday

Occidental Petroleum (NYSE:OXY) is projected to announce its Q3 2026 results after the market closes on Monday, November 9th. Analysts expect Occidental Petroleum to post earnings of $1.45 per share and revenue of $6.80 billion for the quarter. Individuals can find conference call details on the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Tuesday, November 10, 2026 at 1:00 PM ET.

Occidental Petroleum (NYSE:OXY) last posted its quarterly earnings results on Wednesday, August 5th. The oil and gas producer reported $2.40 earnings per share for the quarter, topping analysts’ consensus estimates of $1.83 by $0.57. Occidental Petroleum had a net margin of 28.36% and a return on equity of 15.31%. The business had revenue of $8.06 billion during the quarter, compared to the consensus estimate of $7.07 billion. During the same period in the previous year, the firm posted $0.39 earnings per share. Occidental Petroleum’s revenue for the quarter was up 53.4% compared to the same quarter last year. On average, analysts expect Occidental Petroleum to post $6.81 EPS for the current fiscal year and $5.14 EPS for the next fiscal year.

Occidental Petroleum Trading Up 0.0%

Shares of NYSE OXY opened at $64.01 on Monday. The company’s 50 day simple moving average is $60.18 and its 200 day simple moving average is $55.91. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.41 and a quick ratio of 1.13. Occidental Petroleum has a fifty-two week low of $38.80 and a fifty-two week high of $67.45. The firm has a market capitalization of $63.99 billion, a P/E ratio of 9.91, a P/E/G ratio of 0.74 and a beta of 0.16.

Occidental Petroleum Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 15th. Investors of record on Thursday, December 10th will be paid a dividend of $0.28 per share. The ex-dividend date of this dividend is Thursday, December 10th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.7%. Occidental Petroleum’s payout ratio is 17.34%.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on OXY shares. Wells Fargo & Company increased their target price on Occidental Petroleum from $79.00 to $82.00 and gave the company an “overweight” rating in a research note on Monday, September 14th. Citigroup lowered their target price on shares of Occidental Petroleum from $62.00 to $60.00 and set a “neutral” rating for the company in a research note on Friday, July 17th. Morgan Stanley increased their target price on shares of Occidental Petroleum from $69.00 to $71.00 and gave the stock an “equal weight” rating in a report on Thursday, October 15th. BMO Capital Markets reissued a “market perform” rating and issued a $68.00 price target on shares of Occidental Petroleum in a report on Wednesday, October 14th. Finally, Barclays dropped their price target on Occidental Petroleum from $75.00 to $71.00 and set an “overweight” rating on the stock in a research report on Monday, August 17th. Twelve analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $67.88.

About Occidental Petroleum

Occidental Petroleum Corporation is an energy company engaged in oil and natural gas exploration, development and production. Its operations are focused primarily on the United States, including the Permian and DJ basins, as well as selected international regions in the Middle East and North Africa.

The company’s OxyChem subsidiary manufactures and markets chlor-alkali chemicals, vinyls and other chemical products used in water treatment, construction, healthcare, packaging and industrial applications.