DailyIQ
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Sector:EnergyAll sectors
Last updated 3 minutes ago

OXY·Occidental Petroleum Corporation

$.
-. (-.%)
After Hours
High
$57.39
Open
$57.05
Market Cap
57.01B
52W High
$67.45
Low
$56.02
P. Close
$57.32
P/E
12.04
52W Low
$38.80
Fwd P/E
14.47
Mean Target
-
Technical Score (1D)
55
BUY
News Sentiment
72
BULLISH
Occidental Petroleum is reportedly pursuing a significant long-term growth strategy through a collaboration with ExxonMobil, signaling a potentially substantial upside catalyst. This partnership is positioned as a long-term growth play, and investors should monitor the specifics of this arrangement and its implications for OXY's future operational and financial performance. The broader Zacks Oil & Energy sector presents a robust long-term investment case, driven by shale resources, advanced extraction techniques, and sustained global energy demand. Occidental Petroleum, alongside TotalEnergies, is highlighted for possessing a diverse asset portfolio that benefits from energy security concerns and technological advancements. Improved capital discipline is enhancing free cash flow and shareholder returns for companies within this sector.
Earnings Summary
Occidental Petroleum Corporation is a global energy enterprise engaged in the exploration, development, and production of oil and natural gas, alongside chemical manufacturing and midstream operations. Operating within the Energy sector, specifically the Oil & Gas E&P industry, the company leverages an integrated business model across its U.S. and international operations. In its most recent reported quarters, OXY demonstrated a mixed performance against analyst expectations. For Q1 2026, the company reported an actual EPS of $1.06 against an estimate of $0.58776, significantly exceeding expectations, and revenue of $5.109 billion against an estimate of $5.665 billion. This follows a pattern where the last two reported quarters (Q4 2025 and Q1 2026) showed actual EPS exceeding estimates, with Q4 2025 EPS at $0.31 versus an estimate of $0.1873 and Q1 2026 EPS at $1.06 versus $0.58776. Revenue performance in these recent quarters, however, has seen actual results below estimates, with Q4 2025 revenue at $5.423 billion against an estimate of $5.733 billion and Q1 2026 revenue at $5.109 billion against an estimate of $5.665 billion. Looking at the broader historical trajectory, OXY has shown a tendency to beat EPS estimates in recent periods, particularly in Q1 2026 and Q4 2025, indicating a potential positive shift. However, revenue estimates have not consistently been met in the most recent quarters. Recent news highlights analyst upgrades, with Mizuho Securities and Barclays raising price targets and maintaining positive ratings, citing a favorable crude oil price environment and tightening global supply dynamics. Occidental's strategic initiatives, including a stake in an ExxonMobil-operated deepwater block and a new Gulf of Mexico discovery, are also noted. Investors will be watching for continued operational execution in light of these strategic moves and the impact of fluctuating oil prices and geopolitical factors on future earnings.

EPS

EstBeatMiss
$-0.07$0.49$1.04$1.59$2.14Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26
QtrEstActual+/−
Q2'26$1.89 - -
Q1'26$0.59$1.06+80.3%
Q4'25$0.19$0.31+65.5%
Q3'25$0.50$0.64+26.8%
Q2'25$0.31$0.39+24.8%
Q1'25$0.76$0.87+14.0%

Revenue

EstBeatMiss
$4.8B$5.5B$6.1B$6.8B$7.4BQ1'25Q2'25Q3'25Q4'25Q1'26Q2'26
QtrEstActual+/−
Q2'26$7.1B - -
Q1'26$5.7B$5.1B-9.8%
Q4'25$5.7B$5.4B-5.4%
Q3'25 - $6.7B -
Q2'25 - $6.5B -
Q1'25 - $6.8B -
Full Earnings BreakdownEstimates, actuals, guidance, and historical context
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Market Data

OXY Stock Snapshot

OXY is currently trading at $56.48, giving Occidental Petroleum Corporation a market cap of 57.01B and a P/E ratio of 12.0. Today's range spans $56.02–$57.39, with shares opening at $57.05 and moving down $0.84 (1.5%) from the prior close. DailyIQ's technical score sits at 55/100 (HOLD) with a news sentiment reading of 72/100.

Over the past year OXY has traded between $38.80 and $67.45 - the current price is +45.6% off the 52-week low and -16.3% from the high.

OXY sits at $56.48 (in the middle of its 52-week range) with a HOLD technical read (55/100) and bullish sentiment (72/100). The 57.01B market cap in Energy (P/E: 12.0) makes this a name that institutional coverage maintains even through neutral phases - which means any catalyst shift will be quickly priced in. Annual range: $38.80–$67.45.

In neutral phases, large-cap Energy names like OXY are often where sector rotation debates play out quietly — at 57.01B in capitalization, the stock receives incremental allocation from funds reducing mega-cap exposure without the volatility of a small-cap entry. The 55/100 (HOLD) and bullish sentiment (72/100) at $56.48 (in the middle of its 52-week range) describe a stock that is being considered rather than avoided.