OXY(OXY)
Search documents
Occidental Petroleum (OXY) Gains Following Q4 2025 Report
Yahoo Finance· 2026-02-23 15:47
Core Viewpoint - Occidental Petroleum Corporation (NYSE:OXY) has shown strong performance in Q4 2025, leading to a significant increase in its share price and positive analyst sentiment, despite challenges in the oil market. Group 1: Financial Performance - Occidental reported adjusted earnings of $0.31 for Q4 2025, exceeding estimates by $0.13, primarily due to the strong performance of its midstream unit, which generated a pre-tax income of $204 million compared to a loss of $123 million in Q4 2024 [3]. - The company's realized oil prices fell to $59.22 per barrel in Q4 2025, down from $69.73 a year earlier, while production slightly increased to 1.48 million barrels of oil equivalent per day (MMboepd), surpassing guidance [4]. - Occidental's quarterly dividend was increased by over 8% to $0.26 per share, with a target production range of 1.42 MMboepd to 1.48 MMboepd and capital spending projected between $5.5 billion and $5.9 billion for 2026 [6]. Group 2: Debt Management - The completion of the OxyChem sale on January 2, 2026, allowed Occidental to reduce its debt by $5.8 billion since mid-December 2025, bringing its total debt down to $15 billion [5]. Group 3: Market Sentiment - Following the impressive Q4 report, analysts from multiple firms, including Roth Capital, Morgan Stanley, UBS, Susquehanna, and Barclays, raised their price targets for Occidental, and the company was recognized among the 10 Best American Oil and Gas Stocks to Buy [7]. Group 4: Company Overview - Occidental Petroleum Corporation is an independent exploration and production company with assets primarily located in the United States, the Middle East, Africa, and Latin America [2].
Occidental Petroleum Corporation's Financial Performance and Market Position
Financial Modeling Prep· 2026-02-20 20:17
Occidental Petroleum Corporation (NYSE:OXY) has seen a 9% increase in share price following an impressive earnings report.The company has significantly reduced its corporate debt to $15 billion, enhancing its financial stability and future growth potential.Despite a shortfall in revenue, Occidental has increased its oil production and raised its dividend yield by 8%.Occidental Petroleum Corporation, trading under the symbol OXY on the NYSE, is a major player in the oil and gas industry. The company is known ...
Occidental Petroleum Stock Slips Friday: What's Going On?
Benzinga· 2026-02-20 16:55
Occidental Petroleum stock is showing weakness. What’s driving OXY stock lower?Occidental Earnings Beat ExpectationsOccidental reported fourth-quarter earnings on Wednesday, revealing adjusted earnings per share of 31 cents, surpassing the consensus estimate of 18 cents. The company also reported total production of 1,481 thousand barrels of oil equivalent per day, exceeding guidance, while midstream and marketing pre-tax adjusted income also outperformed expectations.In addition to the earnings report, geo ...
Why this top Warren Buffett oil stock is soaring
Finbold· 2026-02-20 14:17
Warren Buffett-backed Occidental Petroleum (NYSE: OXY) saw its shares fly 9% higher in the last 24 hours as the equity rose to its February 20 press time price of $51.51.OXY stock price one-week chart. Source: FinboldOXY shares’ rally was driven by an exceptionally impressive February 19 earnings report, spearheaded by a massive earnings per share (EPS) beat. Specifically, Occidental Petroleum recorded an EPS of $0.31 rather than the forecasted $0.18-0.19.Other contributing factors include a substantial red ...
Occidental: Impressive Q4 Earnings Fail To Convince Me To Buy
Seeking Alpha· 2026-02-20 14:09
Core Insights - The article discusses the author's contrarian investment strategy during the pandemic, specifically highlighting investments in beaten-down companies like Occidental Petroleum Corporation (OXY) during the market recovery phase in late 2020 [1]. Company Insights - Occidental Petroleum Corporation (OXY) was identified as a key investment during the pandemic recovery, indicating its potential for growth as the market rebounded [1]. Analyst Background - The author, Dilantha De Silva, is an experienced equity analyst with over 10 years in the investment industry, focusing on small-cap stocks often overlooked by Wall Street analysts [1]. - Dilantha is a CFA Level III candidate and holds qualifications from the Chartered Institute for Securities and Investment (CISI), showcasing a strong professional background in investment analysis [1]. - His work has been featured on major financial platforms such as CNBC, Bloomberg, Nasdaq, and Yahoo Finance, indicating a significant level of recognition in the investment community [1].
Origis Energy fully commissions 500MWdc Swift Air Solar complex
Yahoo Finance· 2026-02-20 10:35
US-based Origis Energy has announced that the 500MW-direct current (MWdc) three-phased Swift Air Solar complex in Texas, US, is fully commissioned and operational. The three solar power facilities will provide support to oil and gas company Occidental's operations in West Texas, including the STRATOS Direct Air Capture facility. The entire project represents an investment exceeding $650m in Ector County and the broader West Texas region. Oxy Low Carbon Ventures vice-president Joe Lavoy said: “New power ...
Occidental Petroleum (OXY) Climbs 9% on Dividend Hike
Yahoo Finance· 2026-02-20 09:32
We recently published 10 Firms Outperform Wall Street With Surprising Gains. Occidental Petroleum Corp. (NYSE:OXY) was one of the best performers on Thursday. Occidental Petroleum rallied for a second day on Thursday, jumping 9.38 percent to close at $51.53 apiece as investors took heart from an 8-percent increase in its quarterly dividends. In an updated report, Occidental Petroleum Corp. (NYSE:OXY) said that it has raised its dividends to $0.26 per share—already double the figure in the past four year ...
Market Wrap: HSBC Shuffles Retail and Energy Ratings as Air Liquide Posts FY Results
Stock Market News· 2026-02-20 07:08
Key TakeawaysAir Liquide (AI) reported full-year revenue of €26.94 billion, narrowly missing analyst estimates of €27.07 billion, but significantly increased its dividend to €3.70 per share.HSBC issued a series of high-profile rating changes, downgrading Walmart (WMT) to Hold while raising price targets for Merck & Co (MRK) and Occidental Petroleum (OXY).Hungary’s MOL (MOL) has been granted priority access to national strategic crude oil reserves to ensure supply stability following the total halt of delive ...
Why Occidental Stock Popped Today
The Motley Fool· 2026-02-20 03:45
Core Viewpoint - Occidental Petroleum's strong fourth-quarter earnings report has led to a significant increase in its stock price, reflecting positive investor sentiment and confidence in the company's financial health [1]. Financial Performance - Occidental's stock price increased by over 9% following the earnings report, closing at $51.57 with a market capitalization of $46 billion [4]. - The company produced an average of 1,481 thousand barrels of oil equivalent per day in the fourth quarter, supported by robust performance in its Permian and Rockies operations [5]. - Despite a decline in realized crude oil and natural gas prices, Occidental generated substantial cash flow, with operating cash flow at $2.6 billion and free cash flow at $1 billion [6]. Strategic Actions - Occidental completed the sale of its chemical manufacturing business, OxyChem, on January 2, which allowed the company to reduce its debt by $5.8 billion since mid-December [3]. - The company has increased its quarterly dividend by 8% to $0.26 per share, with the dividend payable on April 15 to shareholders of record as of March 10 [3]. Market Metrics - The stock's trading range for the day was between $49.67 and $52.22, with a 52-week range of $34.78 to $52.58 [5]. - The company has a gross margin of 33.46% and a dividend yield of 2.04% [5].