Y Intercept Hong Kong Ltd Invests $1.95 Million in Occidental Petroleum Corporation $OXY

Y Intercept Hong Kong Ltd purchased a new stake in shares of Occidental Petroleum Corporation (NYSE:OXY) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 41,248 shares of the oil and gas producer’s stock, valued at approximately $1,949,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Deseret Mutual Benefit Administrators raised its position in shares of Occidental Petroleum by 36.4% during the 3rd quarter. Deseret Mutual Benefit Administrators now owns 1,624 shares of the oil and gas producer’s stock valued at $77,000 after purchasing an additional 433 shares during the period. UniSuper Management Pty Ltd raised its holdings in Occidental Petroleum by 15.8% during the third quarter. UniSuper Management Pty Ltd now owns 77,097 shares of the oil and gas producer’s stock valued at $3,643,000 after acquiring an additional 10,515 shares during the period. Quadrant Private Wealth Management LLC raised its holdings in Occidental Petroleum by 3.8% during the third quarter. Quadrant Private Wealth Management LLC now owns 49,389 shares of the oil and gas producer’s stock valued at $2,345,000 after acquiring an additional 1,815 shares during the period. Strs Ohio boosted its stake in shares of Occidental Petroleum by 4.8% in the third quarter. Strs Ohio now owns 16,864 shares of the oil and gas producer’s stock worth $797,000 after acquiring an additional 766 shares during the period. Finally, BIP Wealth LLC purchased a new stake in shares of Occidental Petroleum during the third quarter worth about $217,000. Hedge funds and other institutional investors own 88.70% of the company’s stock.

Occidental Petroleum Price Performance

Occidental Petroleum stock opened at $44.88 on Thursday. Occidental Petroleum Corporation has a 12-month low of $34.78 and a 12-month high of $52.58. The company has a current ratio of 0.94, a quick ratio of 0.71 and a debt-to-equity ratio of 0.73. The firm has a 50-day moving average price of $41.81 and a 200-day moving average price of $43.32. The firm has a market capitalization of $44.21 billion, a PE ratio of 33.00 and a beta of 0.38.

Occidental Petroleum (NYSE:OXY) last announced its quarterly earnings data on Monday, November 10th. The oil and gas producer reported $0.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.16. The business had revenue of $6.62 billion during the quarter, compared to the consensus estimate of $6.66 billion. Occidental Petroleum had a net margin of 7.81% and a return on equity of 12.35%. The firm’s quarterly revenue was down 6.1% compared to the same quarter last year. During the same quarter last year, the firm earned $1.00 earnings per share. As a group, equities research analysts forecast that Occidental Petroleum Corporation will post 3.58 EPS for the current year.

Occidental Petroleum Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 10th were given a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 2.1%. The ex-dividend date was Wednesday, December 10th. Occidental Petroleum’s dividend payout ratio (DPR) is 70.59%.

Wall Street Analyst Weigh In

OXY has been the topic of a number of research reports. Wolfe Research reduced their price target on shares of Occidental Petroleum from $55.00 to $54.00 and set an “outperform” rating on the stock in a report on Wednesday, January 21st. Hsbc Global Res raised Occidental Petroleum from a “hold” rating to a “strong-buy” rating in a report on Friday, October 3rd. Wall Street Zen downgraded Occidental Petroleum from a “hold” rating to a “sell” rating in a research report on Sunday, January 11th. JPMorgan Chase & Co. cut their price target on Occidental Petroleum from $44.00 to $42.00 and set an “underweight” rating for the company in a report on Tuesday, January 20th. Finally, Raymond James Financial reaffirmed an “outperform” rating and set a $50.00 price objective on shares of Occidental Petroleum in a report on Tuesday, November 25th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, eleven have assigned a Hold rating and five have assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $47.43.

Occidental Petroleum News Summary

Here are the key news stories impacting Occidental Petroleum this week:

• Positive Sentiment: Piper Sandler raised its price target to $47 from $46 while keeping a “neutral” rating, implying modest upside versus the current level — a mild positive technical/valuation cue for traders. Piper Sandler price-target raise
• Neutral Sentiment: A Yahoo Finance piece highlights that OXY has delivered strong long-term returns (about 129% over five years), a reminder of past performance but not an immediate driver of near-term price moves. Five‑year returns article
• Neutral Sentiment: Zacks published a “most searched” investor interest article on OXY — signals heightened retail/institutional attention but not a directional earnings or rating change by itself. Zacks investor interest article
• Negative Sentiment: Zacks Research downgraded OXY from “hold” to “strong sell” and materially trimmed near‑term and FY2026/2027 EPS estimates across multiple quarters (Q1–Q4 2026, Q2–Q4 2027 and FY2026/FY2027). That downgrade and downward revision of earnings forecasts are a clear negative fundamental catalyst weighing on sentiment and could pressure the share price until guidance/earnings outlooks improve. Zacks downgrade and estimate cuts
• Negative Sentiment: Susquehanna lowered its expectations for OXY’s stock price, adding to the downward analyst momentum and potentially reducing near‑term buy-side conviction. Susquehanna lowers expectations

Insider Activity

In related news, Director William R. Klesse purchased 5,000 shares of Occidental Petroleum stock in a transaction that occurred on Tuesday, December 16th. The shares were bought at an average price of $38.98 per share, with a total value of $194,900.00. Following the purchase, the director directly owned 218,913 shares of the company’s stock, valued at approximately $8,533,228.74. This represents a 2.34% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.49% of the company’s stock.

About Occidental Petroleum

Occidental Petroleum Corporation (OXY) is an international energy company engaged primarily in the exploration, production and marketing of oil and natural gas. The company conducts upstream activities to discover and produce hydrocarbons and operates complementary midstream and marketing functions to transport and sell its production. Occidental also owns a chemicals business that manufactures and sells industrial chemicals and related products for a range of end markets.

Occidental’s operations are concentrated in the United States, with a significant presence in the Permian Basin, and it maintains exploration and production activities in several international regions, including parts of the Middle East, Latin America and Africa.