Q1 Earnings Forecast for OXY Issued By Capital One Financial

Occidental Petroleum Corporation (NYSE:OXY) – Research analysts at Capital One Financial issued their Q1 2026 earnings per share estimates for Occidental Petroleum in a research note issued to investors on Tuesday, November 11th. Capital One Financial analyst B. Velie expects that the oil and gas producer will post earnings per share of $0.57 for the quarter. The consensus estimate for Occidental Petroleum’s current full-year earnings is $3.58 per share. Capital One Financial also issued estimates for Occidental Petroleum’s Q2 2026 earnings at $0.57 EPS, Q3 2026 earnings at $0.57 EPS, Q4 2026 earnings at $0.57 EPS, FY2026 earnings at $2.29 EPS and FY2027 earnings at $2.34 EPS.

OXY has been the subject of a number of other reports. Morgan Stanley reiterated an “equal weight” rating and set a $52.00 price target on shares of Occidental Petroleum in a report on Monday, August 18th. Wall Street Zen downgraded Occidental Petroleum from a “hold” rating to a “sell” rating in a report on Saturday, August 9th. Hsbc Global Res upgraded Occidental Petroleum from a “hold” rating to a “strong-buy” rating in a report on Friday, October 3rd. Scotiabank upped their target price on Occidental Petroleum from $45.00 to $47.00 and gave the company a “sector perform” rating in a research note on Thursday, October 9th. Finally, Evercore ISI decreased their price target on Occidental Petroleum from $40.00 to $38.00 and set an “underperform” rating on the stock in a research note on Friday, October 3rd. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, fourteen have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, Occidental Petroleum presently has an average rating of “Hold” and an average target price of $51.24.

Occidental Petroleum Price Performance

OXY stock traded up $0.25 during trading on Thursday, hitting $42.18. The stock had a trading volume of 2,666,730 shares, compared to its average volume of 11,472,141. The stock has a market cap of $41.52 billion, a price-to-earnings ratio of 24.97 and a beta of 0.91. 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’s 50 day moving average price is $43.89 and its two-hundred day moving average price is $43.69. Occidental Petroleum has a 1-year low of $34.78 and a 1-year high of $53.20.

Occidental Petroleum (NYSE:OXY) last issued its quarterly earnings data on Monday, November 10th. The oil and gas producer reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.16. The business had revenue of $6.62 billion for the quarter, compared to the consensus estimate of $6.66 billion. Occidental Petroleum had a return on equity of 13.78% and a net margin of 8.79%.The business’s revenue was down 6.1% on a year-over-year basis. During the same period in the prior year, the business earned $1.00 earnings per share.

Institutional Investors Weigh In On Occidental Petroleum

Large investors have recently made changes to their positions in the stock. University of Texas Texas AM Investment Management Co. acquired a new stake in Occidental Petroleum during the 2nd quarter valued at $27,000. City Holding Co. boosted its position in Occidental Petroleum by 250.0% in the third quarter. City Holding Co. now owns 700 shares of the oil and gas producer’s stock valued at $33,000 after buying an additional 500 shares in the last quarter. GoalVest Advisory LLC acquired a new stake in shares of Occidental Petroleum during the third quarter valued at about $38,000. Caitong International Asset Management Co. Ltd acquired a new position in Occidental Petroleum in the 1st quarter valued at approximately $39,000. Finally, Hantz Financial Services Inc. lifted 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 worth $36,000 after acquiring an additional 788 shares during the period. Institutional investors and hedge funds own 88.70% of the company’s stock.

Occidental Petroleum Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Wednesday, December 10th will be given a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend is Wednesday, December 10th. Occidental Petroleum’s payout ratio is currently 70.59%.

Occidental Petroleum Company Profile

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.