Occidental Petroleum Corporation is an American company engaged in hydrocarbon exploration in the United States, the Middle East, and Colombia as well as petrochemical manufacturing in the United States, Canada, and Chile.
| Revenue (TTM) | $23.93B |
| Gross Profit (TTM) | $17.54B |
| EBITDA | $13.72B |
| Operating Margin | 45.40% |
| Return on Equity | 10.60% |
| Return on Assets | 4.68% |
| Revenue/Share (TTM) | $24.15 |
| Book Value | $33.47 |
| Price-to-Book | 1.68 |
| Price-to-Sales (TTM) | 2.36 |
| EV/Revenue | 3.139 |
| EV/EBITDA | 5.29 |
| Quarterly Earnings Growth (YoY) | 965.00% |
| Quarterly Revenue Growth (YoY) | 53.40% |
| Shares Outstanding | $999.64M |
| Float | $995.65M |
| % Insiders | 26.81% |
| % Institutions | 58.88% |
Volatility is currently expanding
OXY gears up for Q3 earnings, with strong domestic production, drilling efficiencies and lower interest costs likely to have supported profitability.
Occidental Petroleum Corp (NYSE:OXY) investors may soon be eyeing potential dividend gains once the company releases its third-quarter earnings report before the opening bell on Monday, Nov. 9.
Besides Wall Street's top-and-bottom-line estimates for Occidental (OXY), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2026.
Occidental Petroleum Corporation is coming to the Q3 report with a strong recent track record of positive earnings surprises. OXY's headline Q3 numbers will prove that the company, as a low-cost oil producer, is capitalizing on elevated oil prices. I will be focusing on a few other metrics/commentary to determine OXY's operational progress.
Occidental Petroleum targets doubling free cash flow by 2030 through operational efficiencies and cost reductions. OXY prioritizes debt reduction, aiming to reach a $10B debt target and prepare for preferred share redemption in 2029. Strong FCF growth and commodity pricing tailwinds result in a projected total return CAGR of about 21% at $75/barrel WTI.
Occidental (OXY) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Investors interested in stocks from the Oil and Gas - Integrated - United States sector have probably already heard of Occidental Petroleum (OXY) and DT Midstream (DTM). But which of these two stocks offers value investors a better bang for their buck right now?
Occidental (OXY) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Does Occidental Petroleum (OXY) have what it takes to be a top stock pick for momentum investors? Let's find out.
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