Q1 Earnings Estimate 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 report issued on Tuesday, November 11th. Capital One Financial analyst B. Velie anticipates 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.

Occidental Petroleum (NYSE:OXY) last released its quarterly 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. The company 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 8.79% and a return on equity of 13.78%. The firm’s quarterly revenue was down 6.1% on a year-over-year basis. During the same period in the previous year, the business earned $1.00 earnings per share.

A number of other research firms also recently issued reports on OXY. Piper Sandler cut their price objective on shares of Occidental Petroleum from $50.00 to $47.00 and set a “neutral” rating on the stock in a report on Tuesday, October 21st. Wells Fargo & Company dropped their target price on Occidental Petroleum from $42.00 to $40.00 and set an “underweight” rating on the stock in a research report on Wednesday. JPMorgan Chase & Co. increased their price objective on Occidental Petroleum from $49.00 to $50.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 14th. Wall Street Zen lowered Occidental Petroleum from a “hold” rating to a “sell” rating in a research report on Saturday, August 9th. Finally, UBS Group dropped their price objective on Occidental Petroleum from $46.00 to $45.00 and set a “neutral” rating for the company in a research note on Friday, October 3rd. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, fourteen have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, Occidental Petroleum currently has an average rating of “Hold” and an average price target of $51.24.

Occidental Petroleum Stock Up 1.7%

Shares of NYSE OXY opened at $42.75 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 $42.12 billion, a P/E ratio of 25.29 and a beta of 0.91. The company’s 50 day moving average price is $43.74 and its 200-day moving average price is $43.69. Occidental Petroleum has a 52-week low of $34.78 and a 52-week high of $53.20.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. University of Texas Texas AM Investment Management Co. purchased a new position in shares of Occidental Petroleum in the second quarter valued at approximately $27,000. City Holding Co. boosted its holdings in Occidental Petroleum by 250.0% during the 3rd quarter. City Holding Co. now owns 700 shares of the oil and gas producer’s stock valued at $33,000 after acquiring an additional 500 shares during the period. Binnacle Investments Inc acquired a new stake in Occidental Petroleum during the 3rd quarter worth approximately $35,000. GoalVest Advisory LLC acquired a new stake in Occidental Petroleum in the third quarter valued at approximately $38,000. Finally, Caitong International Asset Management Co. Ltd purchased a new stake in Occidental Petroleum during the first quarter worth approximately $39,000. 88.70% of the stock is currently owned by hedge funds and other institutional investors.

Occidental Petroleum Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Wednesday, December 10th will be given a $0.24 dividend. The ex-dividend date is Wednesday, December 10th. This represents a $0.96 dividend on an annualized basis and a yield of 2.2%. Occidental Petroleum’s dividend payout ratio (DPR) is currently 70.59%.

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.