NYSE: OXY

Occidental Petroleum (OXY) Stock Analysis & Forecast

Nov 4 close

$57.33−3.10 (−5.1%)

Gekko Brief

AI summaryNov 4 close

Occidental Petroleum shares fell this week as crude oil prices declined, pulling down Riley Exploration Permian, Permian Resources, Matador Resources and Tidewater alongside OXY. Coverage also pointed to firm energy prices lifting the broader oil and gas sector on other days, with attention on OXY's Permian Basin production, chemicals arm and carbon management ventures, and commentary ahead of the Q3 report noted the company's recent track record of earnings surprises and its target of doubling free cash flow by 2030 alongside a $10 billion debt goal. A filing also showed International Assets Investment Management LLC trimming its position by 29.5%.

OXY closed at $57.33, down 5.1%, sitting between its 50-day average of $60.15 and 200-day average of $56.32, with a one-month return of -1.7% against a one-year return of 40.1%. The GekkoIndex reads 66.9, placing the stock in the Accumulation zone. Price sits 26.3% below Gekko Fair Value of $77.76.

OXY reports earnings on 9 November 2026, four days away and inside a typical 20-trading-day holding window; its last eight quarters all beat estimates, with the prior report producing a 1.7% reaction. Over the last 30 days there have been 3 unusual options signals, with call premium of $5,546,136 against put premium of $588,882. Seasonally, the next 20 trading days have averaged -5.1% over 5 years, rising in just 1 of them. Consensus among 20 firms stands at 9 buy and 11 hold ratings, with a target of $70.74.

Written by AI from the Nov 4, 2026 close and checked automatically against the figures on this page.

Occidental Petroleum price vs fair value

$77.76$57.33Nov ’25May ’26Nov ’26
Close $57.33200-day averageGekko Fair Value $77.76

Occidental Petroleum quick facts

Market cap
$57.31B
P/E ratio
18.2
Forward P/E
12.4
EPS, TTM
$3.34
Revenue, TTM
$23.93B
Profit margin
30.3%
Dividend yield
1.56%
Beta
0.15
Volume
13.02M avg 8.66M
1-year return
+40.1%
Typical daily move
±3.2%
Typical 20-day move
±5.7%
50-day average
$60.15
200-day average
$56.32
Next earnings
Nov 9
Shares outstanding
999.6M
52-week range
$38.80$67.45

Occidental Petroleum swing-trade checklist

Occidental Petroleum scores 3 supportive, 1 mixed and 2 headwinds across the 6 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

3 supportive1 mixed2 headwinds

  • Trendmixed

    Averages disagree

    Close $57.33 sits between the 50-day ($60.15) and 200-day ($56.32) averages, or the averages disagree.

    See the chart
  • GekkoIndexsupportive

    66.9, Accumulation

    Reading 66.9 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valuesupportive

    26.3% below

    Price is 26.3% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneysupportive

    Leans bullish

    Last 30 days: 3 unusual options signals.

    See smart money
  • Earnings riskheadwind

    Reports in 4 days

    Reports on Nov 9, 2026, 4 days away — inside a typical 20-trading-day hold.

    See earnings
  • Seasonalityheadwind

    −5.1% on average

    From this point in the calendar, the next 20 trading days averaged −5.1% over 5 years, rising in 1 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Occidental Petroleum stock chart and price history

Occidental Petroleum closed at $57.33 on Nov 4, 2026, +40.1% over the past year, inside a 52-week range of $38.80 to $67.45.

Close50-day average200-day averageVolume
Occidental Petroleum share price, past year, with 50-day and 200-day moving averages and volume$40$50$60DecJan 2026FebMarAprMayJunJulAugSepOct57.33

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−1.7%
3 months
+2.3%
6 months
+4.2%
1 year
+40.1%
The full OXY chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open OXY in Gekko

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About Occidental Petroleum

Occidental Petroleum is engaged in finding, developing, and pulling oil and gas out of the ground, working across sites both domestically and in other countries. The company draws out crude oil, condensate, natural gas liquids, and natural gas, and this upstream work forms the core of what it is recognized for.

Its business is split into two areas. One side handles the search for reserves and the actual production work, along with managing pipeline capacity, storage space, and ownership positions in other ventures. The other side takes those raw materials further along the chain, buying, selling, collecting, refining, moving, and holding oil, condensate, natural gas liquids, natural gas, carbon dioxide, and electric power.

The company dates back to the year 1920 and runs its operations from a base in Houston, Texas. Investors can find its stock on the NYSE, trading under the symbol OXY.

Listed
NYSE
Sector
Energy minerals
Industry
Integrated oil
Website
oxy.com

Occidental Petroleum GekkoIndex: the smart money zone

Occidental Petroleum’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 66.9, in the Accumulation zone, up 16.9 points over five sessions.

010066.9Accumulation

Up 16.9 points over five sessions, from the Neutral zone.

Reading for Nov 4, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying39+2.4%+4.2%+6.9%+7.8%
Accumulation (current zone)254+0.2%+0.7%−0.2%−1.6%
Neutral344−0.1%−0.6%−0.4%+1.8%
Distribution55+0.5%+2.0%+5.1%+1.0%
Selling5Too few readings yet

Average OXY share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.0% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. About the five zones →

See every daily GekkoIndex reading plotted over the OXY price, zone by zone.Track OXY in Gekko

Is Occidental Petroleum stock overvalued? Gekko Fair Value

Occidental Petroleum trades 26.3% below Gekko Fair Value of $77.76, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Occidental Petroleum shares are worth, recalculated every trading day.

$77.76

Gekko Fair Value, Nov 4, 2026

26.3% Undervalued

At the end of Aug 2026 the price was 23.1% below the estimate.

Gekko Fair ValueShare price, month end
$78$60Aug 2026SepOctNov 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open OXY in Gekko

Occidental Petroleum insider and Congress trading

No open-market insider purchases were filed for Occidental Petroleum, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for OXY in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every OXY insider filing, plotted on the chart in Gekko.Open OXY in Gekko

Congress trades last 90 days

No trades in OXY were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for OXY, plotted on the chart in Gekko.Open OXY in Gekko

Buybacks

Occidental Petroleum has been buying back its own shares.

Bought back, quarter ended Jun 30, 2026
$61.00M
As a share of market cap
0.11%

From company filings.

Unusual options activity last 30 days

3signals, 90% of the flagged premium in calls.

Latest: Bullish flow on Oct 24, $1.76M in unusual premium.

Hedge funds and billionaires quarter ended Jun 30

1of the funds Gekko tracks holds OXY.

1added0opened0trimmed1sold out
Every signal with its contract, strike and premium, and which funds are on each side.Unlock in Gekko

Occidental Petroleum earnings: next date and track record

Occidental Petroleum reports on Nov 9, 2026 (4 days away), and beat the EPS estimate in 8 of its last 8 reports.

8 of 8reports beat the EPS estimate
±4.7%average move across the report
7 of 8reports followed by a gain

Share-price move across each report

+0.6%Nov ’24+6.1%Feb ’25+5.5%May ’25+1.2%Aug ’25+1.3%Nov ’25+12.2%Feb ’26−8.7%May ’26+1.7%Aug ’26

Last earnings call, Aug 5, 2026 AI summary

What they said
OXY reported strong Q2 2026 results with debt reduced to $11.8 billion, generating approximately $630 million in annualized interest savings versus 2025. The company raised its quarterly dividend by 8% and delivered a production beat in Q2. OXY targets over $1.2 billion in free cash flow improvement for 2026 and projects $4 billion in incremental annual sustainable cash flow by 2030, representing ~95% growth versus 2025, with 85% achievable at lower oil prices.
Guidance
OXY targets $4 billion in additional annual sustainable cash flow by 2030 without requiring production growth, achievable at low oil prices. The company expects to exceed $1.2 billion in 2026 free cash flow improvement driven by cost efficiencies, lower sustaining capital, and balance sheet optimization.
ReportedEPSSurpriseRevenueSurpriseMove
Aug 5, 2026$2.40
est $1.92
+25.0%$8.07B
est $7.07B
+14.0%+1.7%
May 5, 2026$1.06
est $0.60
+76.4%$5.23B
est $5.44B
−3.9%−8.7%
Feb 18, 2026$0.31
est $0.16
+88.0%$5.11B
est $5.55B
−7.9%+12.2%
Nov 10, 2025$0.64
est $0.51
+25.0%$6.62B
est $6.75B
−1.9%+1.3%
Aug 6, 2025$0.39
est $0.30
+31.2%$6.41B
est $6.38B
+0.6%+1.2%
May 7, 2025$0.87
est $0.78
+11.1%$6.80B
est $6.83B
−0.3%+5.5%
Feb 18, 2025$0.80
est $0.68
+18.2%$6.76B
est $6.98B
−3.1%+6.1%
Nov 12, 2024$1.00
est $0.75
+33.3%$7.17B
est $7.12B
+0.7%+0.6%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Occidental Petroleum stock forecast and analyst price targets

Analysts’ average 12-month price target for Occidental Petroleum is $70.74, +23.4% from the last close, from 20 firms rating the stock in the last 90 days.

$70.74consensus 12-month target, +23.4% from the last close
Low $58High $82
Buy9
Hold11
Sell0

Each firm’s latest rating in the last 90 days: 20 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Oct 27Piper SandlerHold, initiated$69+20.4%
Oct 27Goldman SachsBuy, maintained$76+32.6%
Oct 21Morgan StanleyHold, maintained$71+23.8%
Oct 20SusquehannaBuy, maintained$77+34.3%
Oct 20Bank of America SecuritiesHold, reiterated$67+16.9%
−0.2%average 20-day move after past Accumulation readings
−5.1%average move over the next 20 trading days in the last 5 years
±3.2%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Occidental Petroleum seasonality: the next 20 trading days

Over the next 20 trading days from Nov 4, Occidental Petroleum averaged −5.1% across the last 5 years, rising in 1 of them.

Next 20 trading days, by year

−13.6%2021−9.4%2022−7.2%2023−0.3%2024+5.9%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days−0.3%3 of 5
Next 10 trading days−1.7%2 of 5
Next 15 trading days−4.2%1 of 5
Next 20 trading days−5.1%1 of 5
Next 30 trading days−8.9%1 of 5

For scale, OXY’s typical 20-trading-day move in either direction is about 5.7%.

Occidental Petroleum market cap and key statistics

Occidental Petroleum’s market cap is $57.31B, with a P/E ratio of 18.2 and revenue of $23.93B over the last twelve months.

Valuation

Market cap
$57.31B
P/E ratio
18.2
Forward P/E
12.4
EPS, TTM
$3.34
Gekko Fair Value
$77.76

Trading

Volume
13.02M
Avg volume, 20 days
8.66M
52-week high
$67.45
52-week low
$38.80
Shares outstanding
999.6M

Financials

Revenue, TTM
$23.93B
Profit margin
30.3%
Return on equity
10.6%
Quarterly earnings growth, YoY
+965.0%

Risk and income

Beta
0.15
Typical daily move
±3.2%
Typical 20-day move
±5.7%
Dividend yield
1.56%

Occidental Petroleum peers

Occidental Petroleum’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
XOMExxon Mobil−2.8%Neutral10.4% above
CVXChevron−2.5%Neutral4.7% above
TTETotalEnergies−2.8%Neutral31.5% below
CNQCanadian Natural Resources−6.0%Accumulation23.9% below
SUSuncor Energy−2.7%Accumulation23.7% below
EOGEOG Resources−3.8%Accumulation27.1% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

More stocks in Integrated oil

Occidental Petroleum stock FAQ

What is Occidental Petroleum’s market cap?

Occidental Petroleum’s market cap is $57.31B at the Nov 4, 2026 close of $57.33, with 999.6M shares outstanding. The shares trade on a P/E ratio of 18.2.

What is the Occidental Petroleum stock forecast?

The consensus analyst 12-month price target for Occidental Petroleum is $70.74, +23.4% from the last close. Of the 20 firms that rated the stock in the last 90 days, 9 rate it a buy, 11 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Occidental Petroleum stock overvalued or undervalued?

On Gekko’s estimate Occidental Petroleum is undervalued: the Nov 4, 2026 close of $57.33 is 26.3% below Gekko Fair Value of $77.76. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Occidental Petroleum report earnings next?

Occidental Petroleum is expected to report on Nov 9, 2026 (4 days away). Analysts expect earnings of $1.45 per share on revenue of $6.80B. Occidental Petroleum beat the earnings estimate in 8 of its last 8 reports, moving 4.7% on average across the report.

What is Occidental Petroleum’s 52-week high and low?

Occidental Petroleum’s 52-week high is $67.45 and its 52-week low is $38.80; it closed at $57.33 on Nov 4, 2026, +40.1% over the past year. Over the last five years the shares peaked at $77.13 on Aug 29, 2022.

Is Occidental Petroleum stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 6 items with data read as supportive (gekkoindex, fair value and smart money), 1 as mixed (trend) and 2 as headwinds (earnings risk and seasonality). The checklist is a description of current data, not a recommendation.

Is there unusual options activity in Occidental Petroleum?

Gekko flagged 3 unusual options signals in Occidental Petroleum over the last 30 days, with $5.55M of flagged premium in calls and $589K in puts. The latest, bullish flow, was on Oct 24, 2026 with $1.76M in unusual premium. The signal-by-signal table is in Gekko.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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