OXY Stock Recent News

Occidental Petroleum reports earnings late Wednesday.

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 March 2025.

OXY's first-quarter production benefits from contributions from domestic assets. Severe weather in January and unplanned outage of the Ingleside facility will also adversely impact performance.

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Beyond analysts' top -and-bottom-line estimates for Occidental (OXY), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2025.

HOUSTON, May 01, 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 July 15, 2025, to stockholders of record as of the close of business on June 10, 2025.

DVN and OXY remain strong performers in the oil and gas sector, with significant potential for further growth from current levels.

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.

Occidental Petroleum (OXY -0.47%), commonly known as Oxy, gets a lot of attention because it's one of Warren Buffett's favorite energy stocks. Buffett's Berkshire Hathaway (BRK.A 0.53%) (BRK.B 0.74%) started investing in the oil and gas producer in the first quarter of 2022, and it increased its stake to $10.77 billion -- or 28.2% of its outstanding shares -- over the following three years.

In the closing of the recent trading day, Occidental Petroleum (OXY) stood at $40.35, denoting a -0.39% change from the preceding trading day.