Roth Capital Analysts Lower Earnings Estimates for OXY

Occidental Petroleum Corporation (NYSE:OXY) – Research analysts at Roth Capital decreased their Q4 2025 earnings per share estimates for shares of Occidental Petroleum in a note issued to investors on Tuesday, November 11th. Roth Capital analyst L. Mariani now forecasts that the oil and gas producer will post earnings per share of $0.18 for the quarter, down from their prior estimate of $0.19. Roth Capital currently has a “Neutral” rating and a $46.00 target price 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:OXY) last announced its earnings results on Monday, November 10th. The oil and gas producer reported $0.64 earnings per share 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 period last year, the firm posted $1.00 earnings per share. Occidental Petroleum’s quarterly revenue was down 6.1% on a year-over-year basis.

A number of other research analysts have also recently commented on OXY. Wells Fargo & Company reduced their target price on Occidental Petroleum from $42.00 to $40.00 and set an “underweight” rating on the stock in a research note on Wednesday. Mizuho increased their price objective on Occidental Petroleum from $60.00 to $64.00 and gave the company an “outperform” rating in a research report on Tuesday. Bank of America raised their price objective on Occidental Petroleum from $44.00 to $47.00 and gave the company a “neutral” rating in a report on Monday, October 6th. Hsbc Global Res upgraded Occidental Petroleum from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 3rd. Finally, Melius assumed coverage on shares of Occidental Petroleum in a research report on Wednesday, August 20th. They set a “hold” rating and a $64.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, fourteen have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, Occidental Petroleum has an average rating of “Hold” and a consensus price target of $51.24.

Occidental Petroleum Price Performance

Shares of NYSE:OXY opened at $42.75 on Thursday. The company’s fifty day moving average price is $43.74 and its 200-day moving average price is $43.69. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.05 and a quick ratio of 0.83. The firm has a market capitalization of $42.12 billion, a price-to-earnings ratio of 25.29 and a beta of 0.91. Occidental Petroleum has a one year low of $34.78 and a one year high of $53.20.

Occidental Petroleum Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Wednesday, December 10th will be given a dividend of $0.24 per share. The ex-dividend date of this dividend is Wednesday, December 10th. This represents a $0.96 annualized dividend and a yield of 2.2%. Occidental Petroleum’s dividend payout ratio is presently 70.59%.

Hedge Funds Weigh In On Occidental Petroleum

A number of hedge funds have recently modified their holdings of OXY. Schonfeld Strategic Advisors LLC grew its stake in shares of Occidental Petroleum by 173.0% in the third quarter. Schonfeld Strategic Advisors LLC now owns 70,570 shares of the oil and gas producer’s stock worth $3,334,000 after purchasing an additional 167,270 shares during the last quarter. AQR Capital Management LLC raised its position in Occidental Petroleum by 134.3% during the 3rd quarter. AQR Capital Management LLC now owns 1,815,821 shares of the oil and gas producer’s stock valued at $85,798,000 after purchasing an additional 1,040,941 shares during the last quarter. Credit Agricole S A purchased a new stake in Occidental Petroleum in the 3rd quarter worth approximately $5,506,000. Amundi grew its position in shares of Occidental Petroleum by 7.2% in the 3rd quarter. Amundi now owns 2,863,995 shares of the oil and gas producer’s stock worth $130,025,000 after buying an additional 191,947 shares during the last quarter. Finally, California State Teachers Retirement System increased its stake in shares of Occidental Petroleum by 5.3% during the third quarter. California State Teachers Retirement System now owns 884,444 shares of the oil and gas producer’s stock valued at $41,790,000 after buying an additional 44,782 shares during the period. Hedge funds and other institutional investors own 88.70% of the company’s stock.

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.