Roth Capital Issues Pessimistic Outlook for OXY Earnings

Occidental Petroleum Corporation (NYSE:OXY) – Equities research analysts at Roth Capital lowered their Q3 2025 EPS estimates for shares of Occidental Petroleum in a report released on Tuesday, October 14th. Roth Capital analyst L. Mariani now expects that the oil and gas producer will post earnings per share of $0.48 for the quarter, down from their prior forecast of $0.49. Roth Capital currently 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.

Other analysts also recently issued reports about the stock. Bank of America raised their target price on shares of Occidental Petroleum from $44.00 to $47.00 and gave the stock a “neutral” rating in a report on Monday, October 6th. Mizuho upgraded shares of Occidental Petroleum from a “neutral” rating to an “outperform” rating and raised their target price for the stock from $58.00 to $60.00 in a report on Friday, October 3rd. Melius started coverage on shares of Occidental Petroleum in a report on Wednesday, August 20th. They set a “hold” rating and a $64.00 target price on the stock. Wall Street Zen downgraded shares of Occidental Petroleum from a “hold” rating to a “sell” rating in a report on Saturday, August 9th. Finally, Hsbc Global Res upgraded shares of Occidental Petroleum from a “hold” rating to a “strong-buy” rating in a report on Friday, October 3rd. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, sixteen have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $52.61.

Occidental Petroleum Stock Performance

Shares of OXY stock opened at $41.89 on Thursday. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.83 and a current ratio of 1.05. The company has a market capitalization of $41.24 billion, a P/E ratio of 24.79 and a beta of 0.95. The company’s 50 day moving average price is $45.58 and its two-hundred day moving average price is $43.55. Occidental Petroleum has a 52 week low of $34.78 and a 52 week high of $53.20.

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

Occidental Petroleum Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Wednesday, September 10th were paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend was Wednesday, September 10th. Occidental Petroleum’s dividend payout ratio (DPR) is currently 56.80%.

Hedge Funds Weigh In On Occidental Petroleum

Hedge funds have recently made changes to their positions in the business. University of Texas Texas AM Investment Management Co. bought a new position in shares of Occidental Petroleum during the 2nd quarter worth approximately $27,000. Grove Bank & Trust grew its stake in shares of Occidental Petroleum by 129.2% in the first quarter. Grove Bank & Trust now owns 722 shares of the oil and gas producer’s stock valued at $36,000 after buying an additional 407 shares in the last quarter. Hantz Financial Services Inc. grew its stake in shares of Occidental Petroleum by 1,193.9% in the second quarter. Hantz Financial Services Inc. now owns 854 shares of the oil and gas producer’s stock valued at $36,000 after buying an additional 788 shares in the last quarter. Caitong International Asset Management Co. Ltd bought a new position in shares of Occidental Petroleum in the first quarter valued at $39,000. Finally, MeadowBrook Investment Advisors LLC grew its stake in shares of Occidental Petroleum by 371.7% in the second quarter. MeadowBrook Investment Advisors LLC now owns 1,000 shares of the oil and gas producer’s stock valued at $42,000 after buying an additional 788 shares in the last quarter. 88.70% of the stock is 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.