Roth Capital Analysts Decrease Earnings Estimates for OXY

Occidental Petroleum Corporation (NYSE:OXYFree Report) – Roth Capital decreased their Q4 2025 EPS estimates for Occidental Petroleum in a report issued on Tuesday, November 11th. Roth Capital analyst L. Mariani now anticipates that the oil and gas producer will post earnings per share of $0.18 for the quarter, down from their prior forecast of $0.19. Roth Capital has a “Neutral” rating and a $46.00 price objective on the stock. The consensus estimate for Occidental Petroleum’s current full-year earnings is $3.58 per share. Roth Capital also issued estimates for Occidental Petroleum’s Q1 2026 earnings at $0.08 EPS, Q3 2026 earnings at $0.12 EPS, Q4 2026 earnings at $0.38 EPS and FY2026 earnings at $0.47 EPS.

Occidental Petroleum (NYSE:OXYGet Free Report) last issued its earnings results on Monday, November 10th. The oil and gas producer reported $0.64 EPS for the quarter, beating analysts’ consensus estimates of $0.48 by $0.16. Occidental Petroleum had a net margin of 8.79% and a return on equity of 13.78%. The business had revenue of $6.62 billion for the quarter, compared to the consensus estimate of $6.66 billion. During the same quarter last year, the firm posted $1.00 EPS. The business’s revenue for the quarter was down 6.1% compared to the same quarter last year.

Other equities analysts have also issued research reports about the stock. Melius Research began coverage on shares of Occidental Petroleum in a report on Wednesday, August 20th. They issued a “hold” rating and a $64.00 price objective on the stock. Wall Street Zen lowered Occidental Petroleum from a “hold” rating to a “sell” rating in a research note on Saturday, August 9th. Melius initiated coverage on Occidental Petroleum in a research report on Wednesday, August 20th. They issued a “hold” rating and a $64.00 target price on the stock. HSBC upgraded shares of Occidental Petroleum from a “hold” rating to a “buy” rating and lifted their price target for the stock from $48.00 to $55.00 in a research note on Friday, October 3rd. Finally, Susquehanna raised their price objective on shares of Occidental Petroleum from $54.00 to $55.00 and gave the stock a “positive” rating in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, fourteen have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $51.24.

Check Out Our Latest Stock Analysis on OXY

Occidental Petroleum Stock Up 0.8%

NYSE:OXY traded up $0.33 during mid-day trading on Thursday, hitting $42.26. The company had a trading volume of 1,680,658 shares, compared to its average volume of 11,468,829. The business has a fifty day simple moving average of $43.89 and a 200-day simple moving average of $43.69. The firm has a market capitalization of $41.60 billion, a price-to-earnings ratio of 25.00 and a beta of 0.91. Occidental Petroleum has a 1 year low of $34.78 and a 1 year high of $53.20. The company has a current ratio of 1.05, a quick ratio of 0.83 and a debt-to-equity ratio of 0.84.

Hedge Funds Weigh In On Occidental Petroleum

Several institutional investors and hedge funds have recently bought and sold shares of OXY. Legal & General Group Plc increased its stake in Occidental Petroleum by 5.9% in the 3rd quarter. Legal & General Group Plc now owns 3,801,441 shares of the oil and gas producer’s stock valued at $179,618,000 after buying an additional 212,172 shares during the period. PFG Advisors raised its holdings in shares of Occidental Petroleum by 9.1% during the third quarter. PFG Advisors now owns 13,488 shares of the oil and gas producer’s stock worth $637,000 after acquiring an additional 1,124 shares in the last quarter. Regal Partners Ltd acquired a new stake in Occidental Petroleum during the third quarter valued at $6,615,000. CreativeOne Wealth LLC increased its position in Occidental Petroleum by 4.3% in the 3rd quarter. CreativeOne Wealth LLC now owns 61,749 shares of the oil and gas producer’s stock worth $2,918,000 after purchasing an additional 2,557 shares during the last quarter. Finally, Natixis Advisors LLC raised its position in Occidental Petroleum by 23.9% during the third quarter. Natixis Advisors LLC now owns 208,661 shares of the oil and gas producer’s stock valued at $9,859,000 after acquiring an additional 40,262 shares in the last quarter. Hedge funds and other institutional investors own 88.70% of the company’s stock.

Occidental Petroleum Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Wednesday, December 10th will be paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Wednesday, December 10th. Occidental Petroleum’s payout ratio is 70.59%.

About Occidental Petroleum

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Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States, the Middle East, and North Africa. It operates through three segments: Oil and Gas, Chemical, and Midstream and Marketing. The company's Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas.

Further Reading

Earnings History and Estimates for Occidental Petroleum (NYSE:OXY)

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