Roth Capital Has Bullish Estimate for OXY FY2025 Earnings

Occidental Petroleum Corporation (NYSE:OXY) – Equities research analysts at Roth Capital lifted their FY2025 earnings per share (EPS) estimates for Occidental Petroleum in a report released on Thursday, October 2nd. Roth Capital analyst L. Mariani now forecasts that the oil and gas producer will earn $2.11 per share for the year, up from their prior forecast of $2.10. Roth Capital has a “Neutral” rating and a $46.00 price target 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 $0.33 EPS, Q2 2026 earnings at $0.21 EPS, Q3 2026 earnings at $0.46 EPS and Q4 2026 earnings at $0.58 EPS.

Occidental Petroleum (NYSE:OXY) last posted its quarterly earnings data on Wednesday, August 6th. The oil and gas producer reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.38 by $0.01. The firm had revenue of $6.41 billion during the quarter, compared to analysts’ expectations of $6.29 billion. Occidental Petroleum had a return on equity of 13.78% and a net margin of 8.79%.The company’s revenue for the quarter was down 6.1% compared to the same quarter last year. During the same period in the prior year, the business earned $1.03 EPS.

A number of other equities analysts have also recently commented on the stock. Scotiabank lifted their target price on shares of Occidental Petroleum from $40.00 to $45.00 and gave the stock a “sector perform” rating in a research report on Friday, July 11th. UBS Group raised their price objective on Occidental Petroleum from $45.00 to $46.00 and gave the company a “neutral” rating in a research note on Monday, September 15th. Mizuho decreased their price objective on Occidental Petroleum from $65.00 to $58.00 and set a “neutral” rating on the stock in a report on Monday, September 15th. Wall Street Zen cut Occidental Petroleum from a “hold” rating to a “sell” rating in a report on Saturday, August 9th. Finally, Morgan Stanley restated an “equal weight” rating and set a $52.00 price target on shares of Occidental Petroleum in a research report on Monday, August 18th. Four equities research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $53.95.

Occidental Petroleum Trading Down 7.1%

OXY stock opened at $44.32 on Friday. The company has a market capitalization of $43.63 billion, a PE ratio of 26.22 and a beta of 0.95. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.83 and a current ratio of 1.05. Occidental Petroleum has a one year low of $34.78 and a one year high of $56.49. The company’s 50 day moving average price is $45.62 and its two-hundred day moving average price is $43.84.

Occidental Petroleum Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Wednesday, September 10th will be issued a $0.24 dividend. The ex-dividend date is Wednesday, September 10th. This represents a $0.96 annualized dividend and a yield of 2.2%. Occidental Petroleum’s payout ratio is 56.80%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. University of Texas Texas AM Investment Management Co. bought a new stake in shares of Occidental Petroleum during the 2nd quarter valued at about $27,000. Grove Bank & Trust raised its stake in Occidental Petroleum by 129.2% in the first quarter. Grove Bank & Trust now owns 722 shares of the oil and gas producer’s stock worth $36,000 after buying an additional 407 shares in the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in Occidental Petroleum in the first quarter worth about $39,000. Hantz Financial Services Inc. boosted its position in Occidental Petroleum by 1,193.9% during the 2nd quarter. Hantz Financial Services Inc. now owns 854 shares of the oil and gas producer’s stock valued at $36,000 after acquiring an additional 788 shares in the last quarter. Finally, MeadowBrook Investment Advisors LLC grew its holdings in shares of Occidental Petroleum by 371.7% during the 2nd quarter. MeadowBrook Investment Advisors LLC now owns 1,000 shares of the oil and gas producer’s stock worth $42,000 after acquiring an additional 788 shares during the period. 88.70% of the stock is currently owned by institutional investors.

About Occidental Petroleum

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.