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Forecast

The analysts' average price target is €63.16 (+12.22%). The median is €63.35 (+12.56%).

Buy	27
Hold	23
Sell	2

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Occidental Petroleum remains key Berkshire holding despite Buffett's departure

Berkshire Hathaway has maintained its large position in Occidental Petroleum, a stock Warren Buffett first bought in 2019 and aggressively re-accumulated in 2022. Buffett praised Occidental's management and viewed the investment as a long-term oil bet; Berkshire has not trimmed the stake even after his exit. Occidental has since taken on $12 billion of debt for the CrownRock acquisition, sold OxyChem to Berkshire for $9.7 billion, appointed a new CEO in June and now trades at about 17 times free cash flow with a roughly 6% free-cash-flow yield. » More on finance.yahoo.com
Oil price slump after Iran de-escalation weighs on Occidental Petroleum

The Occidental Petroleum share fell about 3.8% in pre-market trading after a de-escalation between USA and Iran pushed crude oil prices down sharply and reduced the geopolitical risk premium. Occidental has only limited hedges (costless collar for 100,000 barrels/day until December 2026), so falling oil prices hit cash flows hard. Several analysts had already cut price targets; Q2 results are expected on August 5, and the decline is mainly commodity-driven rather than market-wide. » More on de.investing.com
Occidental Petroleum surges on Reddit-driven oil bet as analysts stay cautious

Occidental Petroleum shares have risen sharply year to date amid an 88 'very bullish' Reddit sentiment largely traced to a single viral call-option post predicting $150 oil. The company's reported Q1 beat, reduced principal debt after the OxyChem sale to Berkshire Hathaway and a higher dividend support the retail case, but sell-side analysts have trimmed price targets and rate the stock neutral. Insider selling by former CEO Vicki Hollub and Chevron's steadier Permian play with a higher yield underscore Wall Street's more cautious stance. » More on finance.yahoo.com

Historical dividends Dividends

All dividend metrics All metrics

In 2026, Occidental Petroleum has already paid €0.91 in dividends. The last payout was in October.

Financials

In the last quarter, Occidental Petroleum had revenue of €7.3B and net profit of €2.61B

(EUR)	June 2026	YoY
Revenue	7.3B	36.14%
Gross profit	5.91B	265.39%
Net profit	2.61B	613.34%
EBITDA	4.79B	99.05%

Fundamentals

Metric	Value
Market capitalization	€57.55B
Number of shares	999.64M
52-week high/low	€60.61 - €34.87
Dividend yield	1.58%
Dividends TTM	€0.90
Beta	0.16
P/E ratio	9.63
PEG ratio	0.04
P/B ratio	1.53
P/S ratio	2.54

Company profile

Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States, the Middle East, Africa, and Latin America. It operates through three segments: Oil and Gas, Chemical, and Midstream and Marketing. The company's Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. Its Chemical segment manufactures and markets basic chemicals, including chlorine, caustic soda, chlorinated organics, potassium chemicals, ethylene dichloride, chlorinated isocyanurates, sodium silicates, and calcium chloride; vinyls comprising vinyl chloride monomer, polyvinyl chloride, and ethylene. The Midstream and Marketing segment gathers, processes, transports, stores, purchases, and markets oil, condensate, NGLs, natural gas, carbon dioxide, and power. This segment also trades around its assets consisting of transportation and storage capacity; and invests in entities. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas.

Name	Occidental Petroleum
CEO	Richard A. Jackson
Headquarters	Houston, tx USA
Website	oxy.com
Sector	Energy
Industry	Oil, Gas & Consumable Fuels
IPO	12/31/1981
Employees	10,412