Occidental Petroleum stock faces Hold ratings after earnings beat estimates
Published on 09/30/2026 at 15:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Occidental Petroleum (ISIN US6745991058) was trading at EUR 48.40 at Lang & Schwarz on September 30, 2026, down 0.21 percent from the EUR 48.50 prior close. The latest analyst updates keep the stock below several published targets, while second-quarter earnings beat the cited consensus estimate.
Hold ratings keep targets elevated
According to The Globe and Mail on September 15, 2026, UBS maintained a Hold rating and a USD 67.00 price target for Occidental Petroleum.
The Globe and Mail reported on September 10, 2026, that Stifel initiated coverage with a Hold rating and a USD 68.00 target. The spread between the two targets is USD 1.00, giving investors a clear measure of how closely the recent neutral views are clustered.
Q2 revenue beats the prior year
For the quarter ending June 30, 2026, Occidental reported revenue of USD 8.33 billion and net profit of USD 2.98 billion, according to The Globe and Mail. Revenue compared with USD 6.32 billion a year earlier, while net profit exceeded the prior USD 431 million.
MarketBeat said on September 25, 2026, that adjusted EPS reached USD 2.40 against a USD 1.83 consensus estimate. The USD 0.57 beat came alongside a quarterly dividend increase to USD 0.28 per share from USD 0.26.
Stock remains inside its yearly range
Occidental Petroleum has a market capitalization of USD 54.8 billion as of September 30, 2026. Its quoted 52-week range is USD 38.80 to USD 67.45, placing the Lang & Schwarz euro quote within a market backdrop that still reflects a broad trading span.
EUR quote turns lower intraday
At Lang & Schwarz, Occidental Petroleum was trading at EUR 48.40 on September 30, 2026, at 3:32 p.m. CEST, down 0.21 percent versus the prior close of EUR 48.50. The reference price is an intraday indication for investors in Germany, while the analyst targets and earnings figures are stated in USD.
Occidental Petroleum stock facts
- Company: Occidental Petroleum Corporation
- ISIN: US6745991058
- WKN: 851921
- Ticker: OXY
- Primary exchange: NYSE
- Price Lang & Schwarz as of September 30, 2026, 3:32 p.m. CEST: EUR 48.40
- Change versus prior close: minus 0.21 percent
- Prior close Lang & Schwarz September 29, 2026: EUR 48.50
- Market capitalization: USD 54.8 billion (as of September 30, 2026)
- 52-week range: USD 38.80-67.45 (as of September 25, 2026)
- Sector / Industry: Energy / Oil and Gas Exploration and Production
- Index membership: S&P 100
