Polianta Ltd purchased a new stake in Occidental Petroleum Corporation (NYSE:OXY – Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 33,100 shares of the oil and gas producer’s stock, valued at approximately $1,361,000.
Several other hedge funds also recently added to or reduced their stakes in the stock. Moody National Bank Trust Division raised its stake in shares of Occidental Petroleum by 1.5% in the 3rd quarter. Moody National Bank Trust Division now owns 15,555 shares of the oil and gas producer’s stock valued at $735,000 after purchasing an additional 229 shares in the last quarter. Woodward Diversified Capital LLC grew its stake in Occidental Petroleum by 4.2% in the fourth quarter. Woodward Diversified Capital LLC now owns 6,652 shares of the oil and gas producer’s stock worth $274,000 after purchasing an additional 270 shares in the last quarter. Inscription Capital LLC grew its stake in Occidental Petroleum by 0.8% in the third quarter. Inscription Capital LLC now owns 32,734 shares of the oil and gas producer’s stock worth $1,547,000 after purchasing an additional 271 shares in the last quarter. Cigna Investments Inc. New increased its holdings in Occidental Petroleum by 4.3% in the third quarter. Cigna Investments Inc. New now owns 6,809 shares of the oil and gas producer’s stock valued at $321,000 after buying an additional 280 shares during the last quarter. Finally, Greenleaf Trust raised its stake in Occidental Petroleum by 2.7% during the third quarter. Greenleaf Trust now owns 11,330 shares of the oil and gas producer’s stock valued at $535,000 after buying an additional 296 shares in the last quarter. 88.70% of the stock is owned by institutional investors and hedge funds.
Occidental Petroleum News Summary
Here are the key news stories impacting Occidental Petroleum this week:
- Positive Sentiment: Citigroup raised its price target on OXY from $45 to $67 (maintaining a “neutral” rating), effectively validating upside to the current price and supporting further buying interest. Read More.
- Positive Sentiment: Occidental hit a new 12‑month high following analyst upgrades — a technical catalyst that attracts momentum and trend‑following flows. Read More.
- Positive Sentiment: Market writeups note OXY’s outperformance while broader indices lagged, highlighting strong recent demand and reinforcing bullish narratives. Read More.
- Positive Sentiment: Investors continue to reference Berkshire Hathaway’s large stake (Warren Buffett’s endorsement), which supports perceptions of OXY as a lower‑risk oil exposure in geopolitical uncertainty. Read More.
- Neutral Sentiment: Longer‑term bullish takes (e.g., “Road to $100”) circulate as upbeat scenario analyses; useful for sentiment but speculative and not guaranteed to move near‑term fundamentals. Read More.
- Neutral Sentiment: Several trend/stock‑watch pieces (Zacks, other summaries) are drawing retail attention to OXY, increasing volume and volatility without a clear directional verdict. Read More.
- Neutral Sentiment: Comparative analyses vs. peers (e.g., DT Midstream) provide context on relative valuation and strategy but are unlikely alone to drive a large price move. Read More.
- Negative Sentiment: Coverage flags that OXY may be near a short‑term peak after a rapid rally, recommending covered‑call sales to capture premium — a view that can encourage profit‑taking and cap near‑term upside. Read More.
Analyst Ratings Changes
Occidental Petroleum Stock Up 1.5%
Shares of Occidental Petroleum stock opened at $66.31 on Tuesday. The stock has a market capitalization of $65.76 billion, a price-to-earnings ratio of 41.18 and a beta of 0.34. Occidental Petroleum Corporation has a twelve month low of $34.78 and a twelve month high of $67.05. The company has a current ratio of 0.94, a quick ratio of 0.74 and a debt-to-equity ratio of 0.73. The business’s 50 day simple moving average is $51.61 and its 200-day simple moving average is $45.74.
Occidental Petroleum (NYSE:OXY – Get Free Report) last released its quarterly earnings data on Wednesday, February 18th. The oil and gas producer reported $0.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.13. The business had revenue of $5.11 billion during the quarter, compared to analyst estimates of $6.02 billion. Occidental Petroleum had a return on equity of 9.89% and a net margin of 9.14%.The business’s revenue for the quarter was down 5.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.80 EPS. Equities research analysts forecast that Occidental Petroleum Corporation will post 3.58 earnings per share for the current year.
Occidental Petroleum Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 10th will be issued a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 1.6%. This is a positive change from Occidental Petroleum’s previous quarterly dividend of $0.24. The ex-dividend date of this dividend is Tuesday, March 10th. Occidental Petroleum’s dividend payout ratio is presently 64.60%.
About Occidental Petroleum
Occidental Petroleum Corporation (OXY) is an international energy company engaged primarily in the exploration, production and marketing of oil and natural gas. The company conducts upstream activities to discover and produce hydrocarbons and operates complementary midstream and marketing functions to transport and sell its production. Occidental also owns a chemicals business that manufactures and sells industrial chemicals and related products for a range of end markets.
Occidental’s operations are concentrated in the United States, with a significant presence in the Permian Basin, and it maintains exploration and production activities in several international regions, including parts of the Middle East, Latin America and Africa.
Further Reading
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