View Future GrowthOccidental Petroleum 過去の業績過去 基準チェック /26Occidental Petroleumは、平均年間6.3%の収益成長を遂げていますが、 Oil and Gas業界の収益は、年間 成長しています。収益は、平均年間8.4% 3.4%収益成長率で 減少しています。 Occidental Petroleumの自己資本利益率は3.8%であり、純利益率は3.5%です。主要情報6.30%収益成長率6.33%EPS成長率Oil and Gas 業界の成長33.67%収益成長率-3.41%株主資本利益率3.82%ネット・マージン3.49%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • May 06First quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2026 results: EPS: US$0.052 (down from US$0.81 in 1Q 2025). Revenue: US$5.11b (down 25% from 1Q 2025). Net income: US$52.0m (down 93% from 1Q 2025). Profit margin: 1.0% (down from 11% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 9.8%. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.お知らせ • Apr 02Occidental Petroleum Corporation to Report Q1, 2026 Results on May 05, 2026Occidental Petroleum Corporation announced that they will report Q1, 2026 results After-Market on May 05, 2026お知らせ • Jan 06Occidental Petroleum Corporation to Report Q4, 2025 Results on Feb 18, 2026Occidental Petroleum Corporation announced that they will report Q4, 2025 results After-Market on Feb 18, 2026Reported Earnings • Nov 12Third quarter 2025 earnings: EPS exceeds analyst expectationsThird quarter 2025 results: EPS: US$0.67 (down from US$1.05 in 3Q 2024). Revenue: US$6.72b (down 6.4% from 3Q 2024). Net income: US$685.0m (down 30% from 3Q 2024). Profit margin: 10% (down from 14% in 3Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 36%. Revenue is expected to decline by 2.2% p.a. on average during the next 2 years, while revenues in the Oil and Gas industry in the US are expected to grow by 3.0%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance.お知らせ • Oct 10Occidental Petroleum Corporation to Report Q3, 2025 Results on Nov 10, 2025Occidental Petroleum Corporation announced that they will report Q3, 2025 results After-Market on Nov 10, 2025分析記事 • Aug 13There May Be Some Bright Spots In Occidental Petroleum's (NYSE:OXY) EarningsShareholders appeared unconcerned with Occidental Petroleum Corporation's ( NYSE:OXY ) lackluster earnings report last...すべての更新を表示Recent updatesMajor Estimate Revision • May 12Consensus EPS estimates increase by 53%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from US$26.2b to US$27.2b. EPS estimate increased from US$4.15 to US$6.34 per share. Net income forecast to grow 797% next year vs 49% growth forecast for Oil and Gas industry in the US. Consensus price target broadly unchanged at US$64.33. Share price fell 8.5% to US$55.14 over the past week.Reported Earnings • May 06First quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2026 results: EPS: US$0.052 (down from US$0.81 in 1Q 2025). Revenue: US$5.11b (down 25% from 1Q 2025). Net income: US$52.0m (down 93% from 1Q 2025). Profit margin: 1.0% (down from 11% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 9.8%. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Seeking Alpha • May 06Occidental Petroleum: Time To Take Profits At Fair Value (Rating Downgrade)Summary Occidental Petroleum Corporation delivered a 24.67% total return since September, outperforming the S&P 500 amid geopolitical tailwinds. OXY's Q1 featured a bottom-line beat, but negative free cash flow and hedging losses tempered results despite operational improvements and debt reduction. Leadership transition to Richard Jackson signals a shift toward operational efficiency, with cost savings and well performance outpacing peers. I downgrade OXY stock to Hold, citing full valuation, monetized deleveraging, and a lack of near-term catalysts as Middle Eastern tensions ease. Read the full article on Seeking AlphaDeclared Dividend • May 04Fourth quarter dividend of US$0.26 announcedShareholders will receive a dividend of US$0.26. Ex-date: 10th June 2026 Payment date: 15th July 2026 Dividend yield will be 1.7%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is covered by both earnings (69% earnings payout ratio) and cash flows (27% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 62% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • May 03+ 1 more updateOccidental Petroleum Corporation Announces Executive and Board ChangesOccidental announced that its Board of Directors, as part of its management succession planning, has named Senior Vice President and Chief Operating Officer Richard Jackson to succeed Vicki Hollub as President and Chief Executive Officer upon her retirement. Hollub will retire effective June 1, 2026, following a distinguished career of leadership and service. The Board also announced Jackson will join the Board of Directors, effective June 1, 2026. Hollub, who has served as CEO since 2016 and has been a Board member since 2015, will continue to serve on the company’s Board of Directors following retirement, ensuring continuity and ongoing strategic guidance. Jackson joined Occidental in 2003 in its Middle East operations. During his time at Occidental, he has held pivotal leadership and technical positions, including President of U.S. Onshore Oil and Gas, President of Low Carbon Integrated Technologies, General Manager of the Permian Delaware Basin and Enhanced Oil Recovery Oil and Gas, Vice President of Investor Relations, and Vice President of Drilling Americas. As Chief Operating Officer, Jackson has focused on delivering value through resource improvement and cost efficiency by improving well performance, focusing on organic development and operational execution, and applying innovative technology.Major Estimate Revision • Apr 22Consensus EPS estimates increase by 18%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from US$24.8b to US$27.1b. EPS estimate increased from US$3.59 to US$4.24 per share. Net income forecast to grow 230% next year vs 33% growth forecast for Oil and Gas industry in the US. Consensus price target broadly unchanged at US$63.38. Share price rose 2.2% to US$57.05 over the past week.Major Estimate Revision • Apr 21Consensus EPS estimates increase by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from US$25.0b to US$27.2b. EPS estimate increased from US$3.57 to US$3.95 per share. Net income forecast to grow 196% next year vs 33% growth forecast for Oil and Gas industry in the US. Consensus price target up from US$61.83 to US$63.24. Share price fell 6.2% to US$54.48 over the past week.Major Estimate Revision • Apr 13Consensus EPS estimates increase by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from US$24.3b to US$24.8b. EPS estimate increased from US$3.13 to US$3.59 per share. Net income forecast to grow 167% next year vs 33% growth forecast for Oil and Gas industry in the US. Consensus price target broadly unchanged at US$62.24. Share price fell 7.8% to US$58.06 over the past week.新しいナラティブ • Apr 11Occidental Petroleum (OXY): The "Permian Fortress" and the 2026 Low-Carbon PivotOccidental Petroleum (OXY) closed the April 10, 2026, session at $58.53 USD on the NYSE, experiencing a volatile week where the stock price fluctuated between $58 and $63 alongside shifting geopolitical headlines. The central narrative for 2026 is "The Fortress Transition" : Having spent the last two years aggressively de-leveraging following the CrownRock acquisition, Occidental has emerged as a cash-flow juggernaut with a "Permian First" strategy.お知らせ • Apr 09Occidental Announces Oil Discovery At Bandit Prospect In Gulf Of AmericaOccidental announced an oil discovery at the Bandit prospect in the Gulf of America, about 125 miles south of the Louisiana coast. The exploration well, located in Green Canyon Block 680, encountered high-quality, full-to-base oil-bearing Miocene sands. Bandit is operated by Occidental, which holds a 45.375% working interest, and includes co-owners Chevron U.S.A. Inc. (37.125%) and Woodside Energy (17.5%). The co-owners are currently evaluating results to determine next steps. The discovery has the potential for subsea tie-backs to an adjacent Occidental-operated facility and others in the nearby area.Major Estimate Revision • Apr 08Consensus EPS estimates increase by 31%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from US$23.7b to US$25.0b. EPS estimate increased from US$2.73 to US$3.57 per share. Net income forecast to grow 164% next year vs 30% growth forecast for Oil and Gas industry in the US. Consensus price target up from US$60.28 to US$61.60. Share price fell 4.0% to US$59.77 over the past week.ナラティブの更新 • Apr 07OXY: Lean 2026 Capex Plan Will Support Higher Future P/EOccidental Petroleum's analyst price target has been raised from $64.22 to $74.00. Analysts attribute this change to higher long term oil price assumptions, improved capital efficiency in the Permian, and expectations for stronger cash flow and margins reflected in updated revenue growth, profit margin and future P/E inputs.Major Estimate Revision • Apr 07Consensus EPS estimates increase by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from US$23.3b to US$24.3b. EPS estimate increased from US$2.73 to US$3.13 per share. Net income forecast to grow 125% next year vs 27% growth forecast for Oil and Gas industry in the US. Consensus price target up from US$57.92 to US$61.40. Share price fell 5.0% to US$62.96 over the past week.お知らせ • Apr 05Occidental Petroleum Corporation Announces CEO ChangesOccidental Petroleum Corporation announced that CEO Vicki Hollub is retiring, with Richard Jackson appointed as her successor. The leadership change comes as the company sharpens its focus on carbon management and balance sheet transformation. The shift follows the sale of OxyChem, which refocuses the group on its core energy and low carbon businesses.お知らせ • Apr 02Occidental Petroleum Corporation to Report Q1, 2026 Results on May 05, 2026Occidental Petroleum Corporation announced that they will report Q1, 2026 results After-Market on May 05, 2026Price Target Changed • Mar 28Price target increased by 8.2% to US$59.40Up from US$54.88, the current price target is an average from 25 analysts. New target price is 9.1% below last closing price of US$65.32. Stock is up 34% over the past year. The company is forecast to post earnings per share of US$2.73 for next year compared to US$1.38 last year.ナラティブの更新 • Mar 24OXY: Geopolitics And Efficiency Assumptions Will Pressure Future Cash Flow ReliabilityOccidental Petroleum's fair value estimate has edged from $40.00 to about $39.50 as analysts adjust price targets in response to updated oil price assumptions, capital efficiency expectations, and a higher future P/E backdrop reflected in recent research. Analyst Commentary Across recent research, analysts are updating their views on Occidental as new oil price decks, capital spending plans, and geopolitical risks filter through their models.お知らせ • Mar 20Occidental Petroleum Corporation, Annual General Meeting, May 01, 2026Occidental Petroleum Corporation, Annual General Meeting, May 01, 2026.Major Estimate Revision • Mar 19Consensus EPS estimates increase by 19%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from US$21.7b to US$22.1b. EPS estimate increased from US$1.73 to US$2.05 per share. Net income forecast to grow 37% next year vs 16% growth forecast for Oil and Gas industry in the US. Consensus price target up from US$52.76 to US$55.44. Share price rose 2.0% to US$59.58 over the past week.Major Estimate Revision • Mar 15Consensus EPS estimates increase by 27%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from US$21.7b to US$22.0b. EPS estimate increased from US$1.59 to US$2.02 per share. Net income forecast to grow 32% next year vs 14% growth forecast for Oil and Gas industry in the US. Consensus price target up from US$52.16 to US$54.80. Share price rose 6.8% to US$57.88 over the past week.ナラティブの更新 • Mar 10OXY: Capital Efficiency And Geopolitical Pricing Are Expected To Support DeleveragingNarrative Update Our fair value estimate for Occidental Petroleum has moved to $52.52 from $48.94 as analysts lift price targets into the mid to high $50s, citing updated oil price assumptions, improved capital efficiency and free cash flow outlooks, and the impact of heightened geopolitical risk on energy markets. Analyst Commentary Recent Street research on Occidental clusters around higher fair value views, with most price targets now in the mid to high $50s and a few outliers on either side.Price Target Changed • Mar 07Price target increased by 7.2% to US$52.16Up from US$48.66, the current price target is an average from 25 analysts. New target price is approximately in line with last closing price of US$54.19. Stock is up 15% over the past year. The company is forecast to post earnings per share of US$1.36 for next year compared to US$1.38 last year.Major Estimate Revision • Feb 25Consensus EPS estimates increase by 28%, revenue downgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from US$22.0b to US$21.4b. EPS estimate rose from US$1.06 to US$1.36. Net income forecast to shrink 0.9% next year vs 13% growth forecast for Oil and Gas industry in the US . Consensus price target up from US$48.66 to US$51.88. Share price rose 13% to US$51.95 over the past week.ナラティブの更新 • Feb 23OXY: Lean 2026 Capex And Deleveraging Progress Will Support A Higher Future P/EThe updated analyst price target for Occidental Petroleum edges higher to $64.22, reflecting analysts' focus on the company's more capital efficient 2026 budget, its progress on deleveraging and efficiency gains, and model updates following a Q4 earnings beat and production outperformance. Analyst Commentary Bullish analysts are generally responding positively to Occidental Petroleum's latest update, with several research shops adjusting their models after the Q4 earnings beat, production outperformance, and a leaner 2026 capital plan.Declared Dividend • Feb 22Fourth quarter dividend increased to US$0.26Dividend of US$0.26 is 8.3% higher than last year. Ex-date: 10th March 2026 Payment date: 15th April 2026 Dividend yield will be 1.9%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is covered by both earnings (69% earnings payout ratio) and cash flows (27% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 66% over the next 3 years, which should provide support to the dividend and adequate earnings cover.New Risk • Feb 20New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.3% Last year net profit margin: 9.8% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks High level of debt (53% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (6.3% net profit margin).Board Change • Feb 19Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 5 highly experienced directors. Independent Director Ken Robinson was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.お知らせ • Feb 19Occidental Petroleum Corporation Announces Quarterly Dividend, Payable on April 15, 2026Occidental Petroleum Corporation Increased quarterly dividend by more than 8% to $0.26 per share, payable April 15, 2026, to stockholders of record as of March 10, 2026; quarterly dividend per share has doubled in the last four years.ナラティブの更新 • Feb 07OXY: Strong Q3 Production Trends Will Support A Higher Future P EAnalysts have slightly reduced their fair value estimate for Occidental Petroleum to about US$63.35, and recent Street research shows a mix of small price target raises and cuts as they factor in updated growth, profitability and P/E assumptions. Analyst Commentary Recent research on Occidental reflects a mix of fine tuning around targets rather than big swings in conviction, with several firms making modest changes as they refresh models for updated guidance and sector assumptions.ナラティブの更新 • Jan 24OXY: Operational Efficiencies And Production Guidance Are Expected To Support DeleveragingAnalysts have trimmed their average price target on Occidental Petroleum by about $0.70 to roughly $48.94, citing refreshed sector models that reflect softer revenue expectations, slightly higher discount rates, modestly better profit margins, and a small reset to future P/E assumptions. Analyst Commentary Recent research suggests that analysts are refining their views on Occidental Petroleum rather than making wholesale shifts, with several highlighting updated financial models, revised guidance and changing views on oil and gas exposure.ナラティブの更新 • Jan 10OXY: Capital Efficiency And Higher Production Are Expected To Accelerate DeleveragingAnalysts have nudged their fair value estimate for Occidental Petroleum slightly lower to about US$49.63 from roughly US$49.92, reflecting reduced price targets alongside updated expectations for revenue, margins and future P/E multiples following recent sector research. Analyst Commentary Bullish Takeaways Bullish analysts highlight that updated exploration and production models after Q3 results still point to operations, efficiencies and costs moving in a constructive direction.お知らせ • Jan 06Occidental Petroleum Corporation to Report Q4, 2025 Results on Feb 18, 2026Occidental Petroleum Corporation announced that they will report Q4, 2025 results After-Market on Feb 18, 2026お知らせ • Jan 02Berkshire Hathaway Inc. (NYSE:BRK.A) completed the acquisition of Occidental Chemical Corporation from Occidental Petroleum Corporation (NYSE:OXY).Berkshire Hathaway Inc. (NYSE:BRK.A) signed definitive agreement to acquire Occidental Chemical Corporation from Occidental Petroleum Corporation (NYSE:OXY) for $9.7 billion on October 1, 2025. The all cash consideration of $9.7 billion (subject to customary purchase price adjustments) will be paid by Berkshire Hathaway Inc. An Occidental subsidiary will retain OxyChem’s legacy environmental liabilities, and Glenn Springs Holdings, Inc. will continue to manage existing remedial projects for that subsidiary. Berkshire Hathaway, and at the Closing will have, sufficient cash to pay the Closing Purchase Price and any other amounts required to be paid in connection with the consummation of the Transactions and to pay all related fees and expenses that are the responsibility of the Berkshire Hathaway. The transaction is subject to regulatory approvals and other customary closing conditions. The expected completion of the transaction is fourth quarter of 2025. Occidental expects to use $6.5 billion of the transaction proceeds to reduce debt and achieve the target of principal debt below $15 billion. Barclays Capital Inc. acted as financial advisor for Occidental Petroleum Corporation. Daniel J. Cerqueira, George F. Schoen, Matthew Morreale, Lauren Angelilli, Arvind Ravichandran, Eric W. Hilfers, David J. Kappos, Noah Joshua Phillips, Sarah W. Colangelo, John F. Kendrick, Annmarie M. Terraciano, Joyce Law, Brian M. Budnick and Lauren Piechocki of Cravath, Swaine & Moore LLP acted as legal advisor for Occidental Petroleum Corporation. Cyril V. Jones, Andrew Calder, Jacob Volz, Mark Dundon, Rebecca L. Fine, Daniel D. Lewis, Todd Herst, Stephen M. Jacobson, Stephanie Jeane, Justin Coddington, Jack M. Amaro, Christie Alcala, Damien Lyster, Paul D. Tanaka and James Dolphin of Kirkland & Ellis LLP acted as legal advisor to Berkshire Hathaway. Berkshire Hathaway Inc. (NYSE:BRK.A) completed the acquisition of Occidental Chemical Corporation from Occidental Petroleum Corporation (NYSE:OXY) on January 2, 2026. On completion, OxyChem will continue to be managed by Wade Alleman as president and CEO.ナラティブの更新 • Dec 24OXY: Upcoming Unit Sale Will Drive Faster Deleveraging And Cash Return CapacityAnalysts have trimmed their average price target for Occidental Petroleum by about $0.17 per share to approximately $49.92. This reflects slightly weaker margin and growth assumptions, even as recent model updates factor in the strategic OxyChem divestiture and a less favorable oil macro backdrop.New Risk • Dec 18New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 3.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 3.4% per year for the foreseeable future. Minor Risks High level of debt (53% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.5% net profit margin).ナラティブの更新 • Dec 10OXY: Upcoming Unit Sale Will Drive Faster Debt Reduction And Cash ReturnsAnalysts have trimmed their average price target on Occidental Petroleum by about $1 per share to roughly the low $50s. This reflects more cautious oil macro assumptions, updated 2025 to 2026 guidance and modeling, and a balanced view of the OxyChem divestiture that improves leverage but tempers near term valuation upside.Upcoming Dividend • Dec 03Upcoming dividend of US$0.24 per shareEligible shareholders must have bought the stock before 10 December 2025. Payment date: 15 January 2026. Payout ratio is a comfortable 62% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of American dividend payers (4.5%). Lower than average of industry peers (4.0%).ナラティブの更新 • Nov 25OXY: Upcoming $10 Billion Unit Sale Will Drive Debt Reduction And Cash ReturnsOccidental Petroleum's analyst price target saw a modest uptick to approximately $50.21 per share, as analysts balanced mixed updates to future expectations for margins, revenue, and sector outlooks that support their revised valuations. Analyst Commentary Recent updates from Street research present a nuanced outlook on Occidental Petroleum, as analysts adjust their targets based on evolving macro trends and company developments.お知らせ • Nov 12Occidental Petroleum Corporation Raises Production Guidance for Fourth Quarter of 2025Occidental Petroleum Corporation raised production guidance for the fourth quarter of 2025. For the quarter, the company raised total company production guidance from last quarter's implied guidance to a midpoint of 1.46 million BOE per day. This is driven by the expectation for continued strong performance across all 3 domestic assets, which should more than offset impacts from a scheduled turnaround at Al Hosn also in the fourth quarter.Reported Earnings • Nov 12Third quarter 2025 earnings: EPS exceeds analyst expectationsThird quarter 2025 results: EPS: US$0.67 (down from US$1.05 in 3Q 2024). Revenue: US$6.72b (down 6.4% from 3Q 2024). Net income: US$685.0m (down 30% from 3Q 2024). Profit margin: 10% (down from 14% in 3Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 36%. Revenue is expected to decline by 2.2% p.a. on average during the next 2 years, while revenues in the Oil and Gas industry in the US are expected to grow by 3.0%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance.Declared Dividend • Nov 09Second quarter dividend of US$0.24 announcedShareholders will receive a dividend of US$0.24. Ex-date: 10th December 2025 Payment date: 15th January 2026 Dividend yield will be 2.3%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is covered by both earnings (50% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 15% over the next 3 years, which should provide support to the dividend and adequate earnings cover.ナラティブの更新 • Nov 08OXY: Upcoming Petrochemical Unit Sale Will Accelerate Debt Reduction And Cash ReturnsOccidental Petroleum's consensus analyst price target saw a modest decrease of approximately $0.56 per share this quarter. Analysts incorporated generally cautious outlooks on future margins, balance sheet changes following OxyChem's sale, and evolving capital allocation expectations.お知らせ • Nov 06Occidental Announces Quarterly Dividend, Payable on January 15, 2026Occidental announced that its Board of Directors declared a regular quarterly dividend of $0.24 per share on common stock, payable on January 15, 2026, to stockholders of record as of the close of business on December 10, 2025.ナラティブの更新 • Oct 25Balance Sheet Improvement And Cash Returns Will Shape Future ResilienceOccidental Petroleum's average analyst price target saw a slight decrease to approximately $50.48 from $51.55. Analysts reflect cautious optimism amid recent business divestitures, updated commodity price projections, and a reassessment of growth and margin expectations.ナラティブの更新 • Oct 10Global Oil Demand And Carbon Capture Will Underpin ResilienceOccidental Petroleum’s average analyst price target has edged up slightly to approximately $47. This reflects cautious optimism about the company's recent chemical business sale and anticipated balance sheet improvements, though concerns remain regarding profit margins and revenue growth.お知らせ • Oct 10Occidental Petroleum Corporation to Report Q3, 2025 Results on Nov 10, 2025Occidental Petroleum Corporation announced that they will report Q3, 2025 results After-Market on Nov 10, 2025お知らせ • Oct 03Occidental Petroleum Corporation Promotes Richard A. Jackson to Senior Vice President and Chief Operating OfficerOccidental Petroleum Corporation announced that its Board of Directors has promoted Richard A. Jackson to Senior Vice President and Chief Operating Officer, overseeing global oil and gas operations, low-carbon integrated technologies and the midstream and marketing and health, safety and environment functions. He will continue reporting to Vicki Hollub, President and Chief Executive Officer. Jackson was named Senior Vice President and President, U.S. Onshore Resources and Carbon Management, Operations, in 2020. Previously, Jackson served as President and General Manager of the Permian Delaware Basin and EOR, as well as Vice President of Investor Relations and Vice President of Drilling Americas. He has also led Oxy Low Carbon Ventures from its inception, advancing leading-edge technologies, including key areas of emissions measurement, carbon utilization and sequestration, Direct Air Capture and lithium extraction. Jackson serves on the Oil and Gas Climate Initiative’s Climate Investment Board and the American Petroleum Institute’s Upstream Committee. A graduate of Texas A&M University, he holds a Bachelor of Science in Petroleum Engineering.お知らせ • Oct 02Berkshire Hathaway Inc. (NYSE:BRK.A) signed definitive agreement to acquire Occidental Chemical Corporation from Occidental Petroleum Corporation (NYSE:OXY) for $9.7 billion.Berkshire Hathaway Inc. (NYSE:BRK.A) signed definitive agreement to acquire Occidental Chemical Corporation from Occidental Petroleum Corporation (NYSE:OXY) for $9.7 billion on October 2, 2025. The all cash consideration of $9.7 billion (subject to customary purchase price adjustments) will be paid by Berkshire Hathaway Inc. An Occidental subsidiary will retain OxyChem’s legacy environmental liabilities, and Glenn Springs Holdings, Inc. will continue to manage existing remedial projects for that subsidiary. The transaction is subject to regulatory approvals and other customary closing conditions. The expected completion of the transaction is fourth quarter of 2025. Occidental expects to use $6.5 billion of the transaction proceeds to reduce debt and achieve the target of principal debt below $15 billion. Barclays Capital Inc. acted as financial advisor for Occidental Petroleum Corporation. Daniel J. Cerqueira, George F. Schoen, Matthew Morreale, Lauren Angelilli, Arvind Ravichandran, Eric W. Hilfers, David J. Kappos, Noah Joshua Phillips, Sarah W. Colangelo, John F. Kendrick, Annmarie M. Terraciano, Joyce Law, Brian M. Budnick and Lauren Piechocki of Cravath, Swaine & Moore LLP acted as legal advisor for Occidental Petroleum Corporation. Cyril V. Jones, Andrew Calder, Jacob Volz, Mark Dundon, Rebecca L. Fine, Daniel D. Lewis, Todd Herst, Stephen M. Jacobson, Stephanie Jeane, Justin Coddington, Jack M. Amaro, Christie Alcala, Damien Lyster, Paul D. Tanaka and James Dolphin of Kirkland & Ellis LLP acted as legal advisor to Berkshire Hathaway.お知らせ • Oct 01Berkshire Hathaway Reportedly in Talks to Buy Occidental’s Petrochemical BusinessBerkshire Hathaway Inc. (NYSE:BRK.A) is negotiating to purchase Occidental Petroleum’s (NYSE:OXY) petrochemical business for approximately $10 billion, according to a report from the Wall Street Journal, citing sources familiar with the discussions. The acquisition of OxyChem could be finalized within days if the talks proceed successfully. Occidental Petroleum, which has a market value of around $46 billion, already has Berkshire as its largest shareholder. The Financial Times had reported on Sunday that Occidental was in discussions to sell OxyChem for $10 billion, but did not identify the potential buyer.お知らせ • Sep 29Occidental Petroleum Reportedly in Talks to Sell OxyChem Unit for About $10 BillionOccidental Petroleum Corporation (NYSE:OXY) is in talks to sell its OxyChem division in a deal expected to be worth about $10 billion that would carve out one of the world’s largest standalone petrochemicals units. The Houston-based company, which is backed by Warren Buffett, has been steadily divesting assets in recent years in an effort to reduce its heavy debt load, which now stands at $24 billion. Occidental is working with advisers on the sale process. The divestment, which would be Occidental’s biggest to date, was likely to be announced in the coming weeks, two people familiar with the matter said, provided it does not hit any last-minute hurdles. The identity of the buyer could not immediately be established. It was possible that the sale could still fall apart, the people warned. Occidental did not immediately respond to requests for comment.ナラティブの更新 • Sep 16Global Oil Demand And Carbon Capture Will Underpin ResilienceAnalysts modestly raised Occidental Petroleum’s price target to $51.00 as updated commodity forecasts reflect cautious optimism for gas demand amid sector-wide oil price volatility and industry leadership shifts, resulting in only a marginal upward fair value revision. Analyst Commentary Analysts are recalibrating price targets to reflect updated commodity price outlooks, particularly adjusting for a more cautious stance on oil while maintaining a positive skew for gas prices over the next year.Upcoming Dividend • Sep 03Upcoming dividend of US$0.24 per shareEligible shareholders must have bought the stock before 10 September 2025. Payment date: 15 October 2025. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (3.9%).お知らせ • Aug 23Enterprise Products Partners L.P. (NYSE:EPD) completed the acquisition of Midland Basin gas gathering assets of Occidental Petroleum Corporation (NYSE:OXY).Enterprise Products Partners L.P. (NYSE:EPD) entered into an agreement to acquire Midland Basin gas gathering assets of Occidental Petroleum Corporation (NYSE:OXY) for $580 million in July 2025. A cash consideration of $580 million will be paid towards the assets of Midland Basin gas gathering assets. The transaction is subject to customary closing conditions and regulatory approval, including the expiration or termination of the Hart-Scott-Rodino Act waiting period. The expected completion of the transaction is in the third quarter of 2025. The proceeds from the sale will be used for debt reduction. Enterprise Products Partners L.P. (NYSE:EPD) completed the acquisition of Midland Basin gas gathering assets of Occidental Petroleum Corporation (NYSE:OXY) on August 22, 2025. Enterprise Products Partners L.P. completed the acquisition of Midland Basin gas gathering assets for $580 million in cash consideration on a debt-free transaction. Troutman Pepper Locke and Sidley Austin LLP served as legal advisors to Enterprise, and Skadden, Arps, Slate, Meagher & Flom LLP and Taylor Pullins, Chad McCormick, Neil Clausen, Jason McCoy and George Paul of White & Case LLP served as legal advisors to Occidental.分析記事 • Aug 13There May Be Some Bright Spots In Occidental Petroleum's (NYSE:OXY) EarningsShareholders appeared unconcerned with Occidental Petroleum Corporation's ( NYSE:OXY ) lackluster earnings report last...New Risk • Aug 07New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 22% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks High level of debt (59% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (6.4% net profit margin).お知らせ • Aug 07Enterprise Products Partners L.P. (NYSE:EPD) entered into an agreement to acquire Midland Basin gas gathering assets of Occidental Petroleum Corporation (NYSE:OXY) for $580 million.Enterprise Products Partners L.P. (NYSE:EPD) entered into an agreement to acquire Midland Basin gas gathering assets of Occidental Petroleum Corporation (NYSE:OXY) for $580 million in July 2025. A cash consideration of $580 million will be paid towards the assets of Midland Basin gas gathering assets. The transaction is subject to customary closing conditions and regulatory approval, including the expiration or termination of the Hart-Scott-Rodino Act waiting period. The expected completion of the transaction is in the third quarter of 2025. The proceeds from the sale will be used for debt reduction.Declared Dividend • Aug 03First quarter dividend of US$0.24 announcedShareholders will receive a dividend of US$0.24. Ex-date: 10th September 2025 Payment date: 15th October 2025 Dividend yield will be 2.2%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 45% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Jul 30Occidental Announces Quarterly Dividend, Payable on October 15, 2025Occidental announced that its Board of Directors declared a regular quarterly dividend of $0.24 per share on common stock, payable on October 15, 2025, to stockholders of record as of the close of business on September 10, 2025.お知らせ • Jul 29Occidental Petroleum Corporation has filed a Follow-on Equity Offering in the amount of $703.79936 million.Occidental Petroleum Corporation has filed a Follow-on Equity Offering in the amount of $703.79936 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 31,990,880 Price\Range: $22お知らせ • Jul 02Occidental Petroleum Corporation to Report Q2, 2025 Results on Aug 06, 2025Occidental Petroleum Corporation announced that they will report Q2, 2025 results After-Market on Aug 06, 2025お知らせ • Jun 30+ 1 more updateOccidental Petroleum Corporation(NYSE:OXY) dropped from Russell Top 200 Value IndexOccidental Petroleum Corporation(NYSE:OXY) dropped from Russell Top 200 Value Index分析記事 • Jun 10Weekly Picks: 📊 OXY's Diversification Strategy, AGX's Tailwinds, and SAP's Valuation RisksThis week's picks cover: Occidental’s 10 year vision to become an energy powerhouse, why Argan’s success will come from its tailwinds and management team, plus, why SAP’s price today may not be the best entry point.分析記事 • Jun 10OXY's This week's picks cover: Occidental’s 10 year vision to become an energy powerhouse, why Argan’s success will come from its tailwinds and management team, and why SAP’s price today may not be the best entry point.新しいナラティブ • Jun 05Occidental Petroleum is set to achieve a 16% profit margin improvementOccidental Petroleum (OXY) - Future Outlook1. Business Position in 3, 5, or 10 YearsOccidental Petroleum's future business position will likely be shaped by its core oil and gas operations, its aggresUpcoming Dividend • Jun 03Upcoming dividend of US$0.24 per shareEligible shareholders must have bought the stock before 10 June 2025. Payment date: 15 July 2025. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of American dividend payers (4.8%). Lower than average of industry peers (4.2%).Major Estimate Revision • May 14Consensus EPS estimates fall by 14%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from US$27.3b to US$26.2b. EPS estimate also fell from US$2.83 per share to US$2.43 per share. Net income forecast to grow 2.4% next year vs 14% growth forecast for Oil and Gas industry in the US. Consensus price target broadly unchanged at US$49.35. Share price rose 13% to US$44.39 over the past week.Reported Earnings • May 08First quarter 2025 earnings: EPS exceeds analyst expectationsFirst quarter 2025 results: EPS: US$0.81 (up from US$0.60 in 1Q 2024). Revenue: US$6.84b (up 14% from 1Q 2024). Net income: US$784.0m (up 47% from 1Q 2024). Profit margin: 12% (up from 8.9% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.3%. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.Declared Dividend • May 05Fourth quarter dividend of US$0.24 announcedShareholders will receive a dividend of US$0.24. Ex-date: 10th June 2025 Payment date: 15th July 2025 Dividend yield will be 2.3%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is well covered by both earnings (36% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 44% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • May 01Occidental Announces Quarterly Dividend, Payable on July 15, 2025Occidental announced that its Board of Directors declared a regular quarterly dividend of $0.24 per share on common stock, payable on July 15, 2025, to stockholders of record as of the close of business on June 10, 2025.Major Estimate Revision • Apr 22Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from US$28.3b to US$27.5b. EPS estimate also fell from US$3.29 per share to US$2.88 per share. Net income forecast to grow 18% next year vs 9.1% growth forecast for Oil and Gas industry in the US. Consensus price target down from US$55.12 to US$50.15. Share price rose 5.7% to US$39.97 over the past week.Seeking Alpha • Apr 18Occidental Petroleum: $65 Oil Price Won't LastSummary The selloff on OXY since my last writing was overdone for several reasons. The sharp drop in oil prices (currently around $65 only) is unlikely to be sustained, creating a large bias for OXY’s earning prospects. Potential catalysts that lead to an oil price recovery include the record low level of the U.S. Strategic Petroleum Reserve and also the multi-year low level of crude oil inventory. OXY's attractive P/E and 2.4% dividend yield further skew the return/risk curve. Read the full article on Seeking AlphaPrice Target Changed • Apr 15Price target decreased by 9.6% to US$51.86Down from US$57.34, the current price target is an average from 27 analysts. New target price is 37% above last closing price of US$37.80. Stock is down 43% over the past year. The company is forecast to post earnings per share of US$3.25 for next year compared to US$2.44 last year.Price Target Changed • Apr 14Price target decreased by 8.1% to US$53.67Down from US$58.37, the current price target is an average from 27 analysts. New target price is 42% above last closing price of US$37.90. Stock is down 45% over the past year. The company is forecast to post earnings per share of US$3.31 for next year compared to US$2.44 last year.お知らせ • Apr 08Occidental and 1Pointfive Secure Class Vi Permits for Stratos Direct Air Capture FacilityOccidental and its subsidiary 1PointFive announced that the U.S Environmental Protection Agency approved its Class VI permits to sequester carbon dioxide (CO2) captured from STRATOS when the world’s largest Direct Air Capture (DAC) facility begins operating in Ector County, Texas. The permits, the first issued to sequester CO2 from a DAC project, allows Occidental to leverage its expertise managing large quantities of CO2 while advancing technology that strengthens the United States’ energy security and furthers economic growth in Texas. The permits, issued under the Safe Drinking Water Act's Underground Injection Control program, are a critical component of Occidental’s plan to securely and durably store CO2 captured from the atmosphere. Throughout EPA’s rigorous review process, Occidental demonstrated that its technologies, processes, monitoring programs and other procedures meet or exceed federal and state requirements for injection wells that store CO2 in geologic formations more than one mile underground.Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to US$40.54, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 9x in the Oil and Gas industry in the US. Total loss to shareholders of 32% over the past three years.お知らせ • Apr 03Occidental Petroleum Corporation to Report Q1, 2025 Results on May 07, 2025Occidental Petroleum Corporation announced that they will report Q1, 2025 results After-Market on May 07, 2025Seeking Alpha • Mar 30Occidental Petroleum: I'd Buy The CrashSummary Occidental Petroleum stock crashed 22.5% over the last 12 months, underperforming its sector. Despite the stock's lower price, Occidental continues generating healthy profits, with high margins and returns on equity. The CrownRock acquisition has been weighing on results somewhat, but is not thesis-breaking. Oil prices have been quite stable lately and well above Occidental Petroleum's breakeven. They are expected to remain healthy. In this article, I explain why I'd buy Occidental Petroleum stock at today's price. Read the full article on Seeking Alphaお知らせ • Mar 21Occidental Petroleum Corporation, Annual General Meeting, May 02, 2025Occidental Petroleum Corporation, Annual General Meeting, May 02, 2025.お知らせ • Feb 25Civitas Resources, Inc. (NYSE:CIVI) agreed to acquire 19,000 net acres Midland Basin Assets in Howard, Glasscock, and Upton Counties for $300 million.Civitas Resources, Inc. (NYSE:CIVI) agreed to acquire 19,000 net acres Midland Basin Assets in Howard, Glasscock, and Upton Counties for $300 million in early 2025. A cash consideration of $300 million will be paid by Civitas Resources, Inc. As part of consideration, $300 million is paid towards assets of 19,000 net acres Midland Basin Assets in Howard, Glasscock, and Upton Counties. Civitas Resources, Inc. plans to fund the purchase price through additional borrowings on its revolving credit facility. In February 2025, the Civitas Resources, Inc. amended its revolving credit facility to increase elected commitments from $2.2 billion to $2.5 billion. Closing of the transaction is anticipated at the end of February 2025.Seeking Alpha • Feb 23Occidental Petroleum: Carbon Capture Is Where It's AtSummary Warren Buffett's significant investment in Occidental Petroleum highlights its strong market position and potential for growth, especially in domestic energy production. OXY's diverse operations, including oil, gas, chemicals, and midstream marketing, generate substantial revenue, predominantly from U.S. oil production. The company's carbon capture initiatives, particularly DAC projects, promise future revenue streams and support dividend growth, despite high initial costs. OXY's strategic acquisitions, such as Crown Rock, and robust financial performance make it a compelling buy with a positive outlook for 2025. Read the full article on Seeking AlphaDeclared Dividend • Feb 21Fourth quarter dividend of US$0.24 announcedShareholders will receive a dividend of US$0.24. Ex-date: 10th March 2025 Payment date: 15th April 2025 Dividend yield will be 1.8%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is well covered by both earnings (36% earnings payout ratio) and cash flows (20% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 44% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 19Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: US$2.44 (down from US$4.22 in FY 2023). Revenue: US$26.7b (down 5.4% from FY 2023). Net income: US$2.23b (down 41% from FY 2023). Profit margin: 8.3% (down from 13% in FY 2023). Oil reserves Proven reserves: 2135 MMbbls Gas reserves Proven reserves: 7443 Bcf LNG reserves Proven reserves: 1236 MMbbls Combined production Oil equivalent production: 484.72 MMboe (445.909 MMboe in FY 2023) Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 29%. Revenue is forecast to grow 4.6% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.Seeking Alpha • Feb 17Occidental Petroleum: 3 Reasons We Prefer The 7% YTM Bonds For Berkshire's BetSummary Occidental Petroleum has disappointed shareholders with acquisitions reducing shareholder returns. The bonds with about 7% YTM do look attractive. We elucidate our rationale. Read the full article on Seeking AlphaSeeking Alpha • Jan 16Occidental Petroleum: New Sanctions To Boost Oil Markets In 2025Summary Occidental is conservatively valued, trading below historical multiples, and could outperform in 2025 if new sanctions effectively reduce excess oil supply. Stricter sanctions on Russian and Iranian oil are expected to firm up oil prices, benefiting Occidental and its peers. Occidental's extensive Delaware acreage and low-cost reserve replacement position it well for long-term growth and reduced operational risks. Despite potential short-term volatility, the economic and political backdrop favors stricter sanctions, supporting a more favorable oil price outlook in 2025. Read the full article on Seeking AlphaSeeking Alpha • Jan 10Occidental Petroleum: A Top Buffett Stock On SaleSummary Warren Buffett has been buying Occidental Petroleum shares for years. He reportedly has a $53 average cost. Earlier this year, investors had been wondering why Buffett wasn't adding at the recent lows after buying near $60. In December, he silenced that discourse by resuming his buys. Occidental Petroleum earns an 'A' on profitability in Seeking Alpha Quant due to its high margins. It has also grown at commendable rates over the last five years. In this article, I explain why I'd buy Occidental Petroleum at today's price. Read the full article on Seeking Alphaお知らせ • Jan 03Occidental Petroleum Corporation to Report Q4, 2024 Results on Feb 18, 2025Occidental Petroleum Corporation announced that they will report Q4, 2024 results After-Market on Feb 18, 2025Seeking Alpha • Dec 24Occidental Petroleum: Buffett Teaches The Market A LessonSummary Warren Buffett's continued investment in Occidental Petroleum highlights a typical great investor's long-term strategy of buying bargains. Great investors like Buffett buy bargains and sell during favorable industry cycles. Many investors lack faith in their due diligence. They then worry that a future stock price drop indicates a mistake. The CrownRock acquisition is complete. But it will take some time for the acquisition to affect company profits materially. The acquisitions likely mean that profitability will continue to increase for some time to come. Read the full article on Seeking AlphaSeeking Alpha • Dec 15Occidental: Foggy Outlook And OvervaluationSummary OXY's market cap is highly correlated with crude oil prices, which are expected to soften in 2025 due to increased supply and slower demand growth. The company's recent acquisition of CrownRock and increased debt may not yield expected synergies, reducing financial flexibility and limiting dividend growth potential. Considering all the negatives, I believe the stock does not justify a premium over its fair value of $44 per share. Read the full article on Seeking AlphaUpcoming Dividend • Dec 03Upcoming dividend of US$0.22 per shareEligible shareholders must have bought the stock before 10 December 2024. Payment date: 15 January 2025. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of American dividend payers (4.2%). Lower than average of industry peers (3.8%).Reported Earnings • Nov 13Third quarter 2024 earnings: EPS exceeds analyst expectationsThird quarter 2024 results: EPS: US$1.03 (down from US$1.30 in 3Q 2023). Revenue: US$7.15b (flat on 3Q 2023). Net income: US$1.15b (flat on 3Q 2023). Profit margin: 16% (in line with 3Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 26%. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.収支内訳Occidental Petroleum の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史NYSE:OXY 収益、費用、利益 ( )USD Millions日付収益収益G+A経費研究開発費31 Mar 2621,1197361,294031 Dec 2521,5931,3501,235030 Sep 2520,7961,2391,249030 Jun 2521,3451,5411,231031 Mar 2521,7482,2661,206031 Dec 2422,0192,1521,235030 Sep 2427,1373,5001,411030 Jun 2427,1223,6901,469031 Mar 2427,0073,3051,506031 Dec 2323,1562,3861,428030 Sep 2329,3044,4471,481030 Jun 2331,5365,8271,392031 Mar 2335,5108,7531,283031 Dec 2236,63412,4211,161030 Sep 2236,32812,0531,172030 Jun 2233,73010,1491,149031 Mar 2229,0126,5261,142031 Dec 2125,9561,9801,115030 Sep 2122,203-721970030 Jun 2119,519-5,204894031 Mar 2116,489-12,046889031 Dec 2017,809-14,377996030 Sep 2020,277-14,3661,212030 Jun 2022,028-11,4051,325031 Mar 2023,520-3,8301,188031 Dec 1920,911-9701,140030 Sep 1919,0451,073894030 Jun 1918,4023,831761031 Mar 1918,0654,037803031 Dec 1817,8244,114695030 Sep 1816,5543,904986030 Jun 1814,3372,2311,171031 Mar 1813,3141,8931,368031 Dec 1712,5081,305628030 Sep 1711,8045421,965030 Jun 1711,4531161,930031 Mar 1710,924-5251,935031 Dec 1610,090-1,0021,933030 Sep 1610,108-6,2391,304030 Jun 1610,576-8,6071,276031 Mar 1611,514-8,2911,268031 Dec 1512,480-8,1461,306030 Sep 1513,981-6,0651,434030 Jun 1515,769-2,4681,5200質の高い収益: OXYは 高品質の収益 を持っています。利益率の向上: OXYの現在の純利益率 (3.5%)は、昨年(10.4%)よりも低くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: OXY過去 5 年間で収益を上げており、収益は年間6.3%増加しています。成長の加速: OXYは過去 1 年間の収益成長がマイナスであったため、5 年間の平均と比較することはできません。収益対業界: OXYは過去 1 年間で収益成長率がマイナス ( -67.5% ) となったため、 Oil and Gas業界平均 ( 1.1% ) と比較することが困難です。株主資本利益率高いROE: OXYの 自己資本利益率 ( 3.8% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YEnergy 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/21 11:08終値2026/05/21 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Occidental Petroleum Corporation 13 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。52 アナリスト機関William SeleskyArgus Research CompanyThomas DriscollBarclaysWei JiangBarclays49 その他のアナリストを表示
Reported Earnings • May 06First quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2026 results: EPS: US$0.052 (down from US$0.81 in 1Q 2025). Revenue: US$5.11b (down 25% from 1Q 2025). Net income: US$52.0m (down 93% from 1Q 2025). Profit margin: 1.0% (down from 11% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 9.8%. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
お知らせ • Apr 02Occidental Petroleum Corporation to Report Q1, 2026 Results on May 05, 2026Occidental Petroleum Corporation announced that they will report Q1, 2026 results After-Market on May 05, 2026
お知らせ • Jan 06Occidental Petroleum Corporation to Report Q4, 2025 Results on Feb 18, 2026Occidental Petroleum Corporation announced that they will report Q4, 2025 results After-Market on Feb 18, 2026
Reported Earnings • Nov 12Third quarter 2025 earnings: EPS exceeds analyst expectationsThird quarter 2025 results: EPS: US$0.67 (down from US$1.05 in 3Q 2024). Revenue: US$6.72b (down 6.4% from 3Q 2024). Net income: US$685.0m (down 30% from 3Q 2024). Profit margin: 10% (down from 14% in 3Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 36%. Revenue is expected to decline by 2.2% p.a. on average during the next 2 years, while revenues in the Oil and Gas industry in the US are expected to grow by 3.0%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance.
お知らせ • Oct 10Occidental Petroleum Corporation to Report Q3, 2025 Results on Nov 10, 2025Occidental Petroleum Corporation announced that they will report Q3, 2025 results After-Market on Nov 10, 2025
分析記事 • Aug 13There May Be Some Bright Spots In Occidental Petroleum's (NYSE:OXY) EarningsShareholders appeared unconcerned with Occidental Petroleum Corporation's ( NYSE:OXY ) lackluster earnings report last...
Major Estimate Revision • May 12Consensus EPS estimates increase by 53%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from US$26.2b to US$27.2b. EPS estimate increased from US$4.15 to US$6.34 per share. Net income forecast to grow 797% next year vs 49% growth forecast for Oil and Gas industry in the US. Consensus price target broadly unchanged at US$64.33. Share price fell 8.5% to US$55.14 over the past week.
Reported Earnings • May 06First quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2026 results: EPS: US$0.052 (down from US$0.81 in 1Q 2025). Revenue: US$5.11b (down 25% from 1Q 2025). Net income: US$52.0m (down 93% from 1Q 2025). Profit margin: 1.0% (down from 11% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 9.8%. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Seeking Alpha • May 06Occidental Petroleum: Time To Take Profits At Fair Value (Rating Downgrade)Summary Occidental Petroleum Corporation delivered a 24.67% total return since September, outperforming the S&P 500 amid geopolitical tailwinds. OXY's Q1 featured a bottom-line beat, but negative free cash flow and hedging losses tempered results despite operational improvements and debt reduction. Leadership transition to Richard Jackson signals a shift toward operational efficiency, with cost savings and well performance outpacing peers. I downgrade OXY stock to Hold, citing full valuation, monetized deleveraging, and a lack of near-term catalysts as Middle Eastern tensions ease. Read the full article on Seeking Alpha
Declared Dividend • May 04Fourth quarter dividend of US$0.26 announcedShareholders will receive a dividend of US$0.26. Ex-date: 10th June 2026 Payment date: 15th July 2026 Dividend yield will be 1.7%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is covered by both earnings (69% earnings payout ratio) and cash flows (27% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 62% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • May 03+ 1 more updateOccidental Petroleum Corporation Announces Executive and Board ChangesOccidental announced that its Board of Directors, as part of its management succession planning, has named Senior Vice President and Chief Operating Officer Richard Jackson to succeed Vicki Hollub as President and Chief Executive Officer upon her retirement. Hollub will retire effective June 1, 2026, following a distinguished career of leadership and service. The Board also announced Jackson will join the Board of Directors, effective June 1, 2026. Hollub, who has served as CEO since 2016 and has been a Board member since 2015, will continue to serve on the company’s Board of Directors following retirement, ensuring continuity and ongoing strategic guidance. Jackson joined Occidental in 2003 in its Middle East operations. During his time at Occidental, he has held pivotal leadership and technical positions, including President of U.S. Onshore Oil and Gas, President of Low Carbon Integrated Technologies, General Manager of the Permian Delaware Basin and Enhanced Oil Recovery Oil and Gas, Vice President of Investor Relations, and Vice President of Drilling Americas. As Chief Operating Officer, Jackson has focused on delivering value through resource improvement and cost efficiency by improving well performance, focusing on organic development and operational execution, and applying innovative technology.
Major Estimate Revision • Apr 22Consensus EPS estimates increase by 18%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from US$24.8b to US$27.1b. EPS estimate increased from US$3.59 to US$4.24 per share. Net income forecast to grow 230% next year vs 33% growth forecast for Oil and Gas industry in the US. Consensus price target broadly unchanged at US$63.38. Share price rose 2.2% to US$57.05 over the past week.
Major Estimate Revision • Apr 21Consensus EPS estimates increase by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from US$25.0b to US$27.2b. EPS estimate increased from US$3.57 to US$3.95 per share. Net income forecast to grow 196% next year vs 33% growth forecast for Oil and Gas industry in the US. Consensus price target up from US$61.83 to US$63.24. Share price fell 6.2% to US$54.48 over the past week.
Major Estimate Revision • Apr 13Consensus EPS estimates increase by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from US$24.3b to US$24.8b. EPS estimate increased from US$3.13 to US$3.59 per share. Net income forecast to grow 167% next year vs 33% growth forecast for Oil and Gas industry in the US. Consensus price target broadly unchanged at US$62.24. Share price fell 7.8% to US$58.06 over the past week.
新しいナラティブ • Apr 11Occidental Petroleum (OXY): The "Permian Fortress" and the 2026 Low-Carbon PivotOccidental Petroleum (OXY) closed the April 10, 2026, session at $58.53 USD on the NYSE, experiencing a volatile week where the stock price fluctuated between $58 and $63 alongside shifting geopolitical headlines. The central narrative for 2026 is "The Fortress Transition" : Having spent the last two years aggressively de-leveraging following the CrownRock acquisition, Occidental has emerged as a cash-flow juggernaut with a "Permian First" strategy.
お知らせ • Apr 09Occidental Announces Oil Discovery At Bandit Prospect In Gulf Of AmericaOccidental announced an oil discovery at the Bandit prospect in the Gulf of America, about 125 miles south of the Louisiana coast. The exploration well, located in Green Canyon Block 680, encountered high-quality, full-to-base oil-bearing Miocene sands. Bandit is operated by Occidental, which holds a 45.375% working interest, and includes co-owners Chevron U.S.A. Inc. (37.125%) and Woodside Energy (17.5%). The co-owners are currently evaluating results to determine next steps. The discovery has the potential for subsea tie-backs to an adjacent Occidental-operated facility and others in the nearby area.
Major Estimate Revision • Apr 08Consensus EPS estimates increase by 31%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from US$23.7b to US$25.0b. EPS estimate increased from US$2.73 to US$3.57 per share. Net income forecast to grow 164% next year vs 30% growth forecast for Oil and Gas industry in the US. Consensus price target up from US$60.28 to US$61.60. Share price fell 4.0% to US$59.77 over the past week.
ナラティブの更新 • Apr 07OXY: Lean 2026 Capex Plan Will Support Higher Future P/EOccidental Petroleum's analyst price target has been raised from $64.22 to $74.00. Analysts attribute this change to higher long term oil price assumptions, improved capital efficiency in the Permian, and expectations for stronger cash flow and margins reflected in updated revenue growth, profit margin and future P/E inputs.
Major Estimate Revision • Apr 07Consensus EPS estimates increase by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from US$23.3b to US$24.3b. EPS estimate increased from US$2.73 to US$3.13 per share. Net income forecast to grow 125% next year vs 27% growth forecast for Oil and Gas industry in the US. Consensus price target up from US$57.92 to US$61.40. Share price fell 5.0% to US$62.96 over the past week.
お知らせ • Apr 05Occidental Petroleum Corporation Announces CEO ChangesOccidental Petroleum Corporation announced that CEO Vicki Hollub is retiring, with Richard Jackson appointed as her successor. The leadership change comes as the company sharpens its focus on carbon management and balance sheet transformation. The shift follows the sale of OxyChem, which refocuses the group on its core energy and low carbon businesses.
お知らせ • Apr 02Occidental Petroleum Corporation to Report Q1, 2026 Results on May 05, 2026Occidental Petroleum Corporation announced that they will report Q1, 2026 results After-Market on May 05, 2026
Price Target Changed • Mar 28Price target increased by 8.2% to US$59.40Up from US$54.88, the current price target is an average from 25 analysts. New target price is 9.1% below last closing price of US$65.32. Stock is up 34% over the past year. The company is forecast to post earnings per share of US$2.73 for next year compared to US$1.38 last year.
ナラティブの更新 • Mar 24OXY: Geopolitics And Efficiency Assumptions Will Pressure Future Cash Flow ReliabilityOccidental Petroleum's fair value estimate has edged from $40.00 to about $39.50 as analysts adjust price targets in response to updated oil price assumptions, capital efficiency expectations, and a higher future P/E backdrop reflected in recent research. Analyst Commentary Across recent research, analysts are updating their views on Occidental as new oil price decks, capital spending plans, and geopolitical risks filter through their models.
お知らせ • Mar 20Occidental Petroleum Corporation, Annual General Meeting, May 01, 2026Occidental Petroleum Corporation, Annual General Meeting, May 01, 2026.
Major Estimate Revision • Mar 19Consensus EPS estimates increase by 19%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from US$21.7b to US$22.1b. EPS estimate increased from US$1.73 to US$2.05 per share. Net income forecast to grow 37% next year vs 16% growth forecast for Oil and Gas industry in the US. Consensus price target up from US$52.76 to US$55.44. Share price rose 2.0% to US$59.58 over the past week.
Major Estimate Revision • Mar 15Consensus EPS estimates increase by 27%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from US$21.7b to US$22.0b. EPS estimate increased from US$1.59 to US$2.02 per share. Net income forecast to grow 32% next year vs 14% growth forecast for Oil and Gas industry in the US. Consensus price target up from US$52.16 to US$54.80. Share price rose 6.8% to US$57.88 over the past week.
ナラティブの更新 • Mar 10OXY: Capital Efficiency And Geopolitical Pricing Are Expected To Support DeleveragingNarrative Update Our fair value estimate for Occidental Petroleum has moved to $52.52 from $48.94 as analysts lift price targets into the mid to high $50s, citing updated oil price assumptions, improved capital efficiency and free cash flow outlooks, and the impact of heightened geopolitical risk on energy markets. Analyst Commentary Recent Street research on Occidental clusters around higher fair value views, with most price targets now in the mid to high $50s and a few outliers on either side.
Price Target Changed • Mar 07Price target increased by 7.2% to US$52.16Up from US$48.66, the current price target is an average from 25 analysts. New target price is approximately in line with last closing price of US$54.19. Stock is up 15% over the past year. The company is forecast to post earnings per share of US$1.36 for next year compared to US$1.38 last year.
Major Estimate Revision • Feb 25Consensus EPS estimates increase by 28%, revenue downgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from US$22.0b to US$21.4b. EPS estimate rose from US$1.06 to US$1.36. Net income forecast to shrink 0.9% next year vs 13% growth forecast for Oil and Gas industry in the US . Consensus price target up from US$48.66 to US$51.88. Share price rose 13% to US$51.95 over the past week.
ナラティブの更新 • Feb 23OXY: Lean 2026 Capex And Deleveraging Progress Will Support A Higher Future P/EThe updated analyst price target for Occidental Petroleum edges higher to $64.22, reflecting analysts' focus on the company's more capital efficient 2026 budget, its progress on deleveraging and efficiency gains, and model updates following a Q4 earnings beat and production outperformance. Analyst Commentary Bullish analysts are generally responding positively to Occidental Petroleum's latest update, with several research shops adjusting their models after the Q4 earnings beat, production outperformance, and a leaner 2026 capital plan.
Declared Dividend • Feb 22Fourth quarter dividend increased to US$0.26Dividend of US$0.26 is 8.3% higher than last year. Ex-date: 10th March 2026 Payment date: 15th April 2026 Dividend yield will be 1.9%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is covered by both earnings (69% earnings payout ratio) and cash flows (27% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 66% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
New Risk • Feb 20New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.3% Last year net profit margin: 9.8% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks High level of debt (53% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (6.3% net profit margin).
Board Change • Feb 19Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 5 highly experienced directors. Independent Director Ken Robinson was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
お知らせ • Feb 19Occidental Petroleum Corporation Announces Quarterly Dividend, Payable on April 15, 2026Occidental Petroleum Corporation Increased quarterly dividend by more than 8% to $0.26 per share, payable April 15, 2026, to stockholders of record as of March 10, 2026; quarterly dividend per share has doubled in the last four years.
ナラティブの更新 • Feb 07OXY: Strong Q3 Production Trends Will Support A Higher Future P EAnalysts have slightly reduced their fair value estimate for Occidental Petroleum to about US$63.35, and recent Street research shows a mix of small price target raises and cuts as they factor in updated growth, profitability and P/E assumptions. Analyst Commentary Recent research on Occidental reflects a mix of fine tuning around targets rather than big swings in conviction, with several firms making modest changes as they refresh models for updated guidance and sector assumptions.
ナラティブの更新 • Jan 24OXY: Operational Efficiencies And Production Guidance Are Expected To Support DeleveragingAnalysts have trimmed their average price target on Occidental Petroleum by about $0.70 to roughly $48.94, citing refreshed sector models that reflect softer revenue expectations, slightly higher discount rates, modestly better profit margins, and a small reset to future P/E assumptions. Analyst Commentary Recent research suggests that analysts are refining their views on Occidental Petroleum rather than making wholesale shifts, with several highlighting updated financial models, revised guidance and changing views on oil and gas exposure.
ナラティブの更新 • Jan 10OXY: Capital Efficiency And Higher Production Are Expected To Accelerate DeleveragingAnalysts have nudged their fair value estimate for Occidental Petroleum slightly lower to about US$49.63 from roughly US$49.92, reflecting reduced price targets alongside updated expectations for revenue, margins and future P/E multiples following recent sector research. Analyst Commentary Bullish Takeaways Bullish analysts highlight that updated exploration and production models after Q3 results still point to operations, efficiencies and costs moving in a constructive direction.
お知らせ • Jan 06Occidental Petroleum Corporation to Report Q4, 2025 Results on Feb 18, 2026Occidental Petroleum Corporation announced that they will report Q4, 2025 results After-Market on Feb 18, 2026
お知らせ • Jan 02Berkshire Hathaway Inc. (NYSE:BRK.A) completed the acquisition of Occidental Chemical Corporation from Occidental Petroleum Corporation (NYSE:OXY).Berkshire Hathaway Inc. (NYSE:BRK.A) signed definitive agreement to acquire Occidental Chemical Corporation from Occidental Petroleum Corporation (NYSE:OXY) for $9.7 billion on October 1, 2025. The all cash consideration of $9.7 billion (subject to customary purchase price adjustments) will be paid by Berkshire Hathaway Inc. An Occidental subsidiary will retain OxyChem’s legacy environmental liabilities, and Glenn Springs Holdings, Inc. will continue to manage existing remedial projects for that subsidiary. Berkshire Hathaway, and at the Closing will have, sufficient cash to pay the Closing Purchase Price and any other amounts required to be paid in connection with the consummation of the Transactions and to pay all related fees and expenses that are the responsibility of the Berkshire Hathaway. The transaction is subject to regulatory approvals and other customary closing conditions. The expected completion of the transaction is fourth quarter of 2025. Occidental expects to use $6.5 billion of the transaction proceeds to reduce debt and achieve the target of principal debt below $15 billion. Barclays Capital Inc. acted as financial advisor for Occidental Petroleum Corporation. Daniel J. Cerqueira, George F. Schoen, Matthew Morreale, Lauren Angelilli, Arvind Ravichandran, Eric W. Hilfers, David J. Kappos, Noah Joshua Phillips, Sarah W. Colangelo, John F. Kendrick, Annmarie M. Terraciano, Joyce Law, Brian M. Budnick and Lauren Piechocki of Cravath, Swaine & Moore LLP acted as legal advisor for Occidental Petroleum Corporation. Cyril V. Jones, Andrew Calder, Jacob Volz, Mark Dundon, Rebecca L. Fine, Daniel D. Lewis, Todd Herst, Stephen M. Jacobson, Stephanie Jeane, Justin Coddington, Jack M. Amaro, Christie Alcala, Damien Lyster, Paul D. Tanaka and James Dolphin of Kirkland & Ellis LLP acted as legal advisor to Berkshire Hathaway. Berkshire Hathaway Inc. (NYSE:BRK.A) completed the acquisition of Occidental Chemical Corporation from Occidental Petroleum Corporation (NYSE:OXY) on January 2, 2026. On completion, OxyChem will continue to be managed by Wade Alleman as president and CEO.
ナラティブの更新 • Dec 24OXY: Upcoming Unit Sale Will Drive Faster Deleveraging And Cash Return CapacityAnalysts have trimmed their average price target for Occidental Petroleum by about $0.17 per share to approximately $49.92. This reflects slightly weaker margin and growth assumptions, even as recent model updates factor in the strategic OxyChem divestiture and a less favorable oil macro backdrop.
New Risk • Dec 18New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 3.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 3.4% per year for the foreseeable future. Minor Risks High level of debt (53% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.5% net profit margin).
ナラティブの更新 • Dec 10OXY: Upcoming Unit Sale Will Drive Faster Debt Reduction And Cash ReturnsAnalysts have trimmed their average price target on Occidental Petroleum by about $1 per share to roughly the low $50s. This reflects more cautious oil macro assumptions, updated 2025 to 2026 guidance and modeling, and a balanced view of the OxyChem divestiture that improves leverage but tempers near term valuation upside.
Upcoming Dividend • Dec 03Upcoming dividend of US$0.24 per shareEligible shareholders must have bought the stock before 10 December 2025. Payment date: 15 January 2026. Payout ratio is a comfortable 62% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of American dividend payers (4.5%). Lower than average of industry peers (4.0%).
ナラティブの更新 • Nov 25OXY: Upcoming $10 Billion Unit Sale Will Drive Debt Reduction And Cash ReturnsOccidental Petroleum's analyst price target saw a modest uptick to approximately $50.21 per share, as analysts balanced mixed updates to future expectations for margins, revenue, and sector outlooks that support their revised valuations. Analyst Commentary Recent updates from Street research present a nuanced outlook on Occidental Petroleum, as analysts adjust their targets based on evolving macro trends and company developments.
お知らせ • Nov 12Occidental Petroleum Corporation Raises Production Guidance for Fourth Quarter of 2025Occidental Petroleum Corporation raised production guidance for the fourth quarter of 2025. For the quarter, the company raised total company production guidance from last quarter's implied guidance to a midpoint of 1.46 million BOE per day. This is driven by the expectation for continued strong performance across all 3 domestic assets, which should more than offset impacts from a scheduled turnaround at Al Hosn also in the fourth quarter.
Reported Earnings • Nov 12Third quarter 2025 earnings: EPS exceeds analyst expectationsThird quarter 2025 results: EPS: US$0.67 (down from US$1.05 in 3Q 2024). Revenue: US$6.72b (down 6.4% from 3Q 2024). Net income: US$685.0m (down 30% from 3Q 2024). Profit margin: 10% (down from 14% in 3Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 36%. Revenue is expected to decline by 2.2% p.a. on average during the next 2 years, while revenues in the Oil and Gas industry in the US are expected to grow by 3.0%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance.
Declared Dividend • Nov 09Second quarter dividend of US$0.24 announcedShareholders will receive a dividend of US$0.24. Ex-date: 10th December 2025 Payment date: 15th January 2026 Dividend yield will be 2.3%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is covered by both earnings (50% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 15% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
ナラティブの更新 • Nov 08OXY: Upcoming Petrochemical Unit Sale Will Accelerate Debt Reduction And Cash ReturnsOccidental Petroleum's consensus analyst price target saw a modest decrease of approximately $0.56 per share this quarter. Analysts incorporated generally cautious outlooks on future margins, balance sheet changes following OxyChem's sale, and evolving capital allocation expectations.
お知らせ • Nov 06Occidental Announces Quarterly Dividend, Payable on January 15, 2026Occidental announced that its Board of Directors declared a regular quarterly dividend of $0.24 per share on common stock, payable on January 15, 2026, to stockholders of record as of the close of business on December 10, 2025.
ナラティブの更新 • Oct 25Balance Sheet Improvement And Cash Returns Will Shape Future ResilienceOccidental Petroleum's average analyst price target saw a slight decrease to approximately $50.48 from $51.55. Analysts reflect cautious optimism amid recent business divestitures, updated commodity price projections, and a reassessment of growth and margin expectations.
ナラティブの更新 • Oct 10Global Oil Demand And Carbon Capture Will Underpin ResilienceOccidental Petroleum’s average analyst price target has edged up slightly to approximately $47. This reflects cautious optimism about the company's recent chemical business sale and anticipated balance sheet improvements, though concerns remain regarding profit margins and revenue growth.
お知らせ • Oct 10Occidental Petroleum Corporation to Report Q3, 2025 Results on Nov 10, 2025Occidental Petroleum Corporation announced that they will report Q3, 2025 results After-Market on Nov 10, 2025
お知らせ • Oct 03Occidental Petroleum Corporation Promotes Richard A. Jackson to Senior Vice President and Chief Operating OfficerOccidental Petroleum Corporation announced that its Board of Directors has promoted Richard A. Jackson to Senior Vice President and Chief Operating Officer, overseeing global oil and gas operations, low-carbon integrated technologies and the midstream and marketing and health, safety and environment functions. He will continue reporting to Vicki Hollub, President and Chief Executive Officer. Jackson was named Senior Vice President and President, U.S. Onshore Resources and Carbon Management, Operations, in 2020. Previously, Jackson served as President and General Manager of the Permian Delaware Basin and EOR, as well as Vice President of Investor Relations and Vice President of Drilling Americas. He has also led Oxy Low Carbon Ventures from its inception, advancing leading-edge technologies, including key areas of emissions measurement, carbon utilization and sequestration, Direct Air Capture and lithium extraction. Jackson serves on the Oil and Gas Climate Initiative’s Climate Investment Board and the American Petroleum Institute’s Upstream Committee. A graduate of Texas A&M University, he holds a Bachelor of Science in Petroleum Engineering.
お知らせ • Oct 02Berkshire Hathaway Inc. (NYSE:BRK.A) signed definitive agreement to acquire Occidental Chemical Corporation from Occidental Petroleum Corporation (NYSE:OXY) for $9.7 billion.Berkshire Hathaway Inc. (NYSE:BRK.A) signed definitive agreement to acquire Occidental Chemical Corporation from Occidental Petroleum Corporation (NYSE:OXY) for $9.7 billion on October 2, 2025. The all cash consideration of $9.7 billion (subject to customary purchase price adjustments) will be paid by Berkshire Hathaway Inc. An Occidental subsidiary will retain OxyChem’s legacy environmental liabilities, and Glenn Springs Holdings, Inc. will continue to manage existing remedial projects for that subsidiary. The transaction is subject to regulatory approvals and other customary closing conditions. The expected completion of the transaction is fourth quarter of 2025. Occidental expects to use $6.5 billion of the transaction proceeds to reduce debt and achieve the target of principal debt below $15 billion. Barclays Capital Inc. acted as financial advisor for Occidental Petroleum Corporation. Daniel J. Cerqueira, George F. Schoen, Matthew Morreale, Lauren Angelilli, Arvind Ravichandran, Eric W. Hilfers, David J. Kappos, Noah Joshua Phillips, Sarah W. Colangelo, John F. Kendrick, Annmarie M. Terraciano, Joyce Law, Brian M. Budnick and Lauren Piechocki of Cravath, Swaine & Moore LLP acted as legal advisor for Occidental Petroleum Corporation. Cyril V. Jones, Andrew Calder, Jacob Volz, Mark Dundon, Rebecca L. Fine, Daniel D. Lewis, Todd Herst, Stephen M. Jacobson, Stephanie Jeane, Justin Coddington, Jack M. Amaro, Christie Alcala, Damien Lyster, Paul D. Tanaka and James Dolphin of Kirkland & Ellis LLP acted as legal advisor to Berkshire Hathaway.
お知らせ • Oct 01Berkshire Hathaway Reportedly in Talks to Buy Occidental’s Petrochemical BusinessBerkshire Hathaway Inc. (NYSE:BRK.A) is negotiating to purchase Occidental Petroleum’s (NYSE:OXY) petrochemical business for approximately $10 billion, according to a report from the Wall Street Journal, citing sources familiar with the discussions. The acquisition of OxyChem could be finalized within days if the talks proceed successfully. Occidental Petroleum, which has a market value of around $46 billion, already has Berkshire as its largest shareholder. The Financial Times had reported on Sunday that Occidental was in discussions to sell OxyChem for $10 billion, but did not identify the potential buyer.
お知らせ • Sep 29Occidental Petroleum Reportedly in Talks to Sell OxyChem Unit for About $10 BillionOccidental Petroleum Corporation (NYSE:OXY) is in talks to sell its OxyChem division in a deal expected to be worth about $10 billion that would carve out one of the world’s largest standalone petrochemicals units. The Houston-based company, which is backed by Warren Buffett, has been steadily divesting assets in recent years in an effort to reduce its heavy debt load, which now stands at $24 billion. Occidental is working with advisers on the sale process. The divestment, which would be Occidental’s biggest to date, was likely to be announced in the coming weeks, two people familiar with the matter said, provided it does not hit any last-minute hurdles. The identity of the buyer could not immediately be established. It was possible that the sale could still fall apart, the people warned. Occidental did not immediately respond to requests for comment.
ナラティブの更新 • Sep 16Global Oil Demand And Carbon Capture Will Underpin ResilienceAnalysts modestly raised Occidental Petroleum’s price target to $51.00 as updated commodity forecasts reflect cautious optimism for gas demand amid sector-wide oil price volatility and industry leadership shifts, resulting in only a marginal upward fair value revision. Analyst Commentary Analysts are recalibrating price targets to reflect updated commodity price outlooks, particularly adjusting for a more cautious stance on oil while maintaining a positive skew for gas prices over the next year.
Upcoming Dividend • Sep 03Upcoming dividend of US$0.24 per shareEligible shareholders must have bought the stock before 10 September 2025. Payment date: 15 October 2025. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (3.9%).
お知らせ • Aug 23Enterprise Products Partners L.P. (NYSE:EPD) completed the acquisition of Midland Basin gas gathering assets of Occidental Petroleum Corporation (NYSE:OXY).Enterprise Products Partners L.P. (NYSE:EPD) entered into an agreement to acquire Midland Basin gas gathering assets of Occidental Petroleum Corporation (NYSE:OXY) for $580 million in July 2025. A cash consideration of $580 million will be paid towards the assets of Midland Basin gas gathering assets. The transaction is subject to customary closing conditions and regulatory approval, including the expiration or termination of the Hart-Scott-Rodino Act waiting period. The expected completion of the transaction is in the third quarter of 2025. The proceeds from the sale will be used for debt reduction. Enterprise Products Partners L.P. (NYSE:EPD) completed the acquisition of Midland Basin gas gathering assets of Occidental Petroleum Corporation (NYSE:OXY) on August 22, 2025. Enterprise Products Partners L.P. completed the acquisition of Midland Basin gas gathering assets for $580 million in cash consideration on a debt-free transaction. Troutman Pepper Locke and Sidley Austin LLP served as legal advisors to Enterprise, and Skadden, Arps, Slate, Meagher & Flom LLP and Taylor Pullins, Chad McCormick, Neil Clausen, Jason McCoy and George Paul of White & Case LLP served as legal advisors to Occidental.
分析記事 • Aug 13There May Be Some Bright Spots In Occidental Petroleum's (NYSE:OXY) EarningsShareholders appeared unconcerned with Occidental Petroleum Corporation's ( NYSE:OXY ) lackluster earnings report last...
New Risk • Aug 07New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 22% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks High level of debt (59% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (6.4% net profit margin).
お知らせ • Aug 07Enterprise Products Partners L.P. (NYSE:EPD) entered into an agreement to acquire Midland Basin gas gathering assets of Occidental Petroleum Corporation (NYSE:OXY) for $580 million.Enterprise Products Partners L.P. (NYSE:EPD) entered into an agreement to acquire Midland Basin gas gathering assets of Occidental Petroleum Corporation (NYSE:OXY) for $580 million in July 2025. A cash consideration of $580 million will be paid towards the assets of Midland Basin gas gathering assets. The transaction is subject to customary closing conditions and regulatory approval, including the expiration or termination of the Hart-Scott-Rodino Act waiting period. The expected completion of the transaction is in the third quarter of 2025. The proceeds from the sale will be used for debt reduction.
Declared Dividend • Aug 03First quarter dividend of US$0.24 announcedShareholders will receive a dividend of US$0.24. Ex-date: 10th September 2025 Payment date: 15th October 2025 Dividend yield will be 2.2%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 45% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Jul 30Occidental Announces Quarterly Dividend, Payable on October 15, 2025Occidental announced that its Board of Directors declared a regular quarterly dividend of $0.24 per share on common stock, payable on October 15, 2025, to stockholders of record as of the close of business on September 10, 2025.
お知らせ • Jul 29Occidental Petroleum Corporation has filed a Follow-on Equity Offering in the amount of $703.79936 million.Occidental Petroleum Corporation has filed a Follow-on Equity Offering in the amount of $703.79936 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 31,990,880 Price\Range: $22
お知らせ • Jul 02Occidental Petroleum Corporation to Report Q2, 2025 Results on Aug 06, 2025Occidental Petroleum Corporation announced that they will report Q2, 2025 results After-Market on Aug 06, 2025
お知らせ • Jun 30+ 1 more updateOccidental Petroleum Corporation(NYSE:OXY) dropped from Russell Top 200 Value IndexOccidental Petroleum Corporation(NYSE:OXY) dropped from Russell Top 200 Value Index
分析記事 • Jun 10Weekly Picks: 📊 OXY's Diversification Strategy, AGX's Tailwinds, and SAP's Valuation RisksThis week's picks cover: Occidental’s 10 year vision to become an energy powerhouse, why Argan’s success will come from its tailwinds and management team, plus, why SAP’s price today may not be the best entry point.
分析記事 • Jun 10OXY's This week's picks cover: Occidental’s 10 year vision to become an energy powerhouse, why Argan’s success will come from its tailwinds and management team, and why SAP’s price today may not be the best entry point.
新しいナラティブ • Jun 05Occidental Petroleum is set to achieve a 16% profit margin improvementOccidental Petroleum (OXY) - Future Outlook1. Business Position in 3, 5, or 10 YearsOccidental Petroleum's future business position will likely be shaped by its core oil and gas operations, its aggres
Upcoming Dividend • Jun 03Upcoming dividend of US$0.24 per shareEligible shareholders must have bought the stock before 10 June 2025. Payment date: 15 July 2025. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of American dividend payers (4.8%). Lower than average of industry peers (4.2%).
Major Estimate Revision • May 14Consensus EPS estimates fall by 14%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from US$27.3b to US$26.2b. EPS estimate also fell from US$2.83 per share to US$2.43 per share. Net income forecast to grow 2.4% next year vs 14% growth forecast for Oil and Gas industry in the US. Consensus price target broadly unchanged at US$49.35. Share price rose 13% to US$44.39 over the past week.
Reported Earnings • May 08First quarter 2025 earnings: EPS exceeds analyst expectationsFirst quarter 2025 results: EPS: US$0.81 (up from US$0.60 in 1Q 2024). Revenue: US$6.84b (up 14% from 1Q 2024). Net income: US$784.0m (up 47% from 1Q 2024). Profit margin: 12% (up from 8.9% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.3%. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
Declared Dividend • May 05Fourth quarter dividend of US$0.24 announcedShareholders will receive a dividend of US$0.24. Ex-date: 10th June 2025 Payment date: 15th July 2025 Dividend yield will be 2.3%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is well covered by both earnings (36% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 44% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • May 01Occidental Announces Quarterly Dividend, Payable on July 15, 2025Occidental announced that its Board of Directors declared a regular quarterly dividend of $0.24 per share on common stock, payable on July 15, 2025, to stockholders of record as of the close of business on June 10, 2025.
Major Estimate Revision • Apr 22Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from US$28.3b to US$27.5b. EPS estimate also fell from US$3.29 per share to US$2.88 per share. Net income forecast to grow 18% next year vs 9.1% growth forecast for Oil and Gas industry in the US. Consensus price target down from US$55.12 to US$50.15. Share price rose 5.7% to US$39.97 over the past week.
Seeking Alpha • Apr 18Occidental Petroleum: $65 Oil Price Won't LastSummary The selloff on OXY since my last writing was overdone for several reasons. The sharp drop in oil prices (currently around $65 only) is unlikely to be sustained, creating a large bias for OXY’s earning prospects. Potential catalysts that lead to an oil price recovery include the record low level of the U.S. Strategic Petroleum Reserve and also the multi-year low level of crude oil inventory. OXY's attractive P/E and 2.4% dividend yield further skew the return/risk curve. Read the full article on Seeking Alpha
Price Target Changed • Apr 15Price target decreased by 9.6% to US$51.86Down from US$57.34, the current price target is an average from 27 analysts. New target price is 37% above last closing price of US$37.80. Stock is down 43% over the past year. The company is forecast to post earnings per share of US$3.25 for next year compared to US$2.44 last year.
Price Target Changed • Apr 14Price target decreased by 8.1% to US$53.67Down from US$58.37, the current price target is an average from 27 analysts. New target price is 42% above last closing price of US$37.90. Stock is down 45% over the past year. The company is forecast to post earnings per share of US$3.31 for next year compared to US$2.44 last year.
お知らせ • Apr 08Occidental and 1Pointfive Secure Class Vi Permits for Stratos Direct Air Capture FacilityOccidental and its subsidiary 1PointFive announced that the U.S Environmental Protection Agency approved its Class VI permits to sequester carbon dioxide (CO2) captured from STRATOS when the world’s largest Direct Air Capture (DAC) facility begins operating in Ector County, Texas. The permits, the first issued to sequester CO2 from a DAC project, allows Occidental to leverage its expertise managing large quantities of CO2 while advancing technology that strengthens the United States’ energy security and furthers economic growth in Texas. The permits, issued under the Safe Drinking Water Act's Underground Injection Control program, are a critical component of Occidental’s plan to securely and durably store CO2 captured from the atmosphere. Throughout EPA’s rigorous review process, Occidental demonstrated that its technologies, processes, monitoring programs and other procedures meet or exceed federal and state requirements for injection wells that store CO2 in geologic formations more than one mile underground.
Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to US$40.54, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 9x in the Oil and Gas industry in the US. Total loss to shareholders of 32% over the past three years.
お知らせ • Apr 03Occidental Petroleum Corporation to Report Q1, 2025 Results on May 07, 2025Occidental Petroleum Corporation announced that they will report Q1, 2025 results After-Market on May 07, 2025
Seeking Alpha • Mar 30Occidental Petroleum: I'd Buy The CrashSummary Occidental Petroleum stock crashed 22.5% over the last 12 months, underperforming its sector. Despite the stock's lower price, Occidental continues generating healthy profits, with high margins and returns on equity. The CrownRock acquisition has been weighing on results somewhat, but is not thesis-breaking. Oil prices have been quite stable lately and well above Occidental Petroleum's breakeven. They are expected to remain healthy. In this article, I explain why I'd buy Occidental Petroleum stock at today's price. Read the full article on Seeking Alpha
お知らせ • Mar 21Occidental Petroleum Corporation, Annual General Meeting, May 02, 2025Occidental Petroleum Corporation, Annual General Meeting, May 02, 2025.
お知らせ • Feb 25Civitas Resources, Inc. (NYSE:CIVI) agreed to acquire 19,000 net acres Midland Basin Assets in Howard, Glasscock, and Upton Counties for $300 million.Civitas Resources, Inc. (NYSE:CIVI) agreed to acquire 19,000 net acres Midland Basin Assets in Howard, Glasscock, and Upton Counties for $300 million in early 2025. A cash consideration of $300 million will be paid by Civitas Resources, Inc. As part of consideration, $300 million is paid towards assets of 19,000 net acres Midland Basin Assets in Howard, Glasscock, and Upton Counties. Civitas Resources, Inc. plans to fund the purchase price through additional borrowings on its revolving credit facility. In February 2025, the Civitas Resources, Inc. amended its revolving credit facility to increase elected commitments from $2.2 billion to $2.5 billion. Closing of the transaction is anticipated at the end of February 2025.
Seeking Alpha • Feb 23Occidental Petroleum: Carbon Capture Is Where It's AtSummary Warren Buffett's significant investment in Occidental Petroleum highlights its strong market position and potential for growth, especially in domestic energy production. OXY's diverse operations, including oil, gas, chemicals, and midstream marketing, generate substantial revenue, predominantly from U.S. oil production. The company's carbon capture initiatives, particularly DAC projects, promise future revenue streams and support dividend growth, despite high initial costs. OXY's strategic acquisitions, such as Crown Rock, and robust financial performance make it a compelling buy with a positive outlook for 2025. Read the full article on Seeking Alpha
Declared Dividend • Feb 21Fourth quarter dividend of US$0.24 announcedShareholders will receive a dividend of US$0.24. Ex-date: 10th March 2025 Payment date: 15th April 2025 Dividend yield will be 1.8%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is well covered by both earnings (36% earnings payout ratio) and cash flows (20% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 44% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 19Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: US$2.44 (down from US$4.22 in FY 2023). Revenue: US$26.7b (down 5.4% from FY 2023). Net income: US$2.23b (down 41% from FY 2023). Profit margin: 8.3% (down from 13% in FY 2023). Oil reserves Proven reserves: 2135 MMbbls Gas reserves Proven reserves: 7443 Bcf LNG reserves Proven reserves: 1236 MMbbls Combined production Oil equivalent production: 484.72 MMboe (445.909 MMboe in FY 2023) Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 29%. Revenue is forecast to grow 4.6% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
Seeking Alpha • Feb 17Occidental Petroleum: 3 Reasons We Prefer The 7% YTM Bonds For Berkshire's BetSummary Occidental Petroleum has disappointed shareholders with acquisitions reducing shareholder returns. The bonds with about 7% YTM do look attractive. We elucidate our rationale. Read the full article on Seeking Alpha
Seeking Alpha • Jan 16Occidental Petroleum: New Sanctions To Boost Oil Markets In 2025Summary Occidental is conservatively valued, trading below historical multiples, and could outperform in 2025 if new sanctions effectively reduce excess oil supply. Stricter sanctions on Russian and Iranian oil are expected to firm up oil prices, benefiting Occidental and its peers. Occidental's extensive Delaware acreage and low-cost reserve replacement position it well for long-term growth and reduced operational risks. Despite potential short-term volatility, the economic and political backdrop favors stricter sanctions, supporting a more favorable oil price outlook in 2025. Read the full article on Seeking Alpha
Seeking Alpha • Jan 10Occidental Petroleum: A Top Buffett Stock On SaleSummary Warren Buffett has been buying Occidental Petroleum shares for years. He reportedly has a $53 average cost. Earlier this year, investors had been wondering why Buffett wasn't adding at the recent lows after buying near $60. In December, he silenced that discourse by resuming his buys. Occidental Petroleum earns an 'A' on profitability in Seeking Alpha Quant due to its high margins. It has also grown at commendable rates over the last five years. In this article, I explain why I'd buy Occidental Petroleum at today's price. Read the full article on Seeking Alpha
お知らせ • Jan 03Occidental Petroleum Corporation to Report Q4, 2024 Results on Feb 18, 2025Occidental Petroleum Corporation announced that they will report Q4, 2024 results After-Market on Feb 18, 2025
Seeking Alpha • Dec 24Occidental Petroleum: Buffett Teaches The Market A LessonSummary Warren Buffett's continued investment in Occidental Petroleum highlights a typical great investor's long-term strategy of buying bargains. Great investors like Buffett buy bargains and sell during favorable industry cycles. Many investors lack faith in their due diligence. They then worry that a future stock price drop indicates a mistake. The CrownRock acquisition is complete. But it will take some time for the acquisition to affect company profits materially. The acquisitions likely mean that profitability will continue to increase for some time to come. Read the full article on Seeking Alpha
Seeking Alpha • Dec 15Occidental: Foggy Outlook And OvervaluationSummary OXY's market cap is highly correlated with crude oil prices, which are expected to soften in 2025 due to increased supply and slower demand growth. The company's recent acquisition of CrownRock and increased debt may not yield expected synergies, reducing financial flexibility and limiting dividend growth potential. Considering all the negatives, I believe the stock does not justify a premium over its fair value of $44 per share. Read the full article on Seeking Alpha
Upcoming Dividend • Dec 03Upcoming dividend of US$0.22 per shareEligible shareholders must have bought the stock before 10 December 2024. Payment date: 15 January 2025. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of American dividend payers (4.2%). Lower than average of industry peers (3.8%).
Reported Earnings • Nov 13Third quarter 2024 earnings: EPS exceeds analyst expectationsThird quarter 2024 results: EPS: US$1.03 (down from US$1.30 in 3Q 2023). Revenue: US$7.15b (flat on 3Q 2023). Net income: US$1.15b (flat on 3Q 2023). Profit margin: 16% (in line with 3Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 26%. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.
