OXY Stock Recent News

Occidental (OXY) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

In the most recent trading session, Occidental Petroleum (OXY) closed at $44.41, indicating a -2.31% shift from the previous trading day.

Occidental Petroleum Corporation is heavily U.S. and Permian-focused, lacking both true diversification and pure-play shale status compared to peers. The company's main operational upside lies in Enhanced Oil Recovery, or EOR, using carbon capture, which benefits from lucrative tax credits. Direct Air Capture, or DAC, is a costly, inefficient carbon capture method; cheaper, scalable alternatives exist, making Oxy's heavy DAC investment questionable.

HOUSTON, July 30, 2025 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) announced today that its Board of Directors declared a regular quarterly dividend of $0.24 per share on common stock, payable on October 15, 2025, to stockholders of record as of the close of business on September 10, 2025.

Occidental (OXY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

EOG and OXY are both operators in the oil and gas industry, having a strong presence in the Permian Basin.

Occidental Petroleum offers superior margins and a compelling valuation versus US peers, making it a standout value among large American oil companies. OXY's focus on debt reduction, operational efficiency, and future CAPEX reductions positions it for stronger free cash flow and potential dividend growth. Risks include oil price volatility, macroeconomic uncertainty, and trade/other tensions, but OXY's break-even and Buffett's stake provide a margin of safety.

Occidental Petroleum has transformed into a capital-efficient, free-cash-flow compounder built to thrive through commodity cycles. OXY's disciplined capital allocation, reduced debt, and diversified asset base -- including Permian, DJ, Powder River, and international -- support long-term durability. Warren Buffett's large, growing stake reinforces the investment thesis, highlighting OXY's staying power and appeal as a long-term hold.

Occidental Petroleum is undervalued, with Berkshire Hathaway steadily increasing its stake, signaling confidence despite recent underperformance. Operational efficiency gains and cost reductions have boosted margins, supporting strong free cash flow and future shareholder returns. The company has significantly improved its balance sheet, repaying $6.8 billion in debt and achieving substantial interest savings.

I am downgrading Occidental Petroleum to hold due to weak oil prices, underwhelming performance, and a challenging profit backdrop. Despite strong free cash flow and cost control, OXY's earnings outlook has deteriorated, and valuation is no longer compelling versus peers. Technical indicators are mixed, with shares below key resistance and the primary trend still bearish, reinforcing my cautious stance.