Occidental Petroleum stock heads into November 9 earnings test
Published on 11/03/2026 at 14:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points before earnings
- Occidental Petroleum is expected to publish third-quarter results after the market closes on November 9.
- Analysts surveyed by MarketBeat expect earnings of 1.45 US dollars per share and revenue of 6.80 billion US dollars.
- The quarterly dividend is 0.28 US dollars per share, while the reported consensus rating is Hold.
Occidental Petroleum is heading into a closely watched quarterly update. According to MarketBeat, the company is expected to release its third-quarter 2026 results after the market closes on Monday, November 9. The conference call is scheduled for Tuesday, November 10, at 1:00 p.m. Eastern Time.
Analysts cited by MarketBeat expect earnings of 1.45 US dollars per share on revenue of 6.80 billion US dollars. That forecast puts the focus on whether Occidental can sustain the strong profitability shown in its latest reported quarter and how management frames production, oil prices and cash generation for the remainder of the year.
Strong prior quarter raises expectations
Occidental's most recent results, released on August 5, exceeded the cited consensus. The company reported earnings of 2.40 US dollars per share against expectations of 1.83 US dollars, while revenue reached 8.06 billion US dollars compared with 7.07 billion US dollars expected. MarketBeat said revenue was 53.4 percent higher than in the comparable period a year earlier, when earnings were 0.39 US dollars per share.
The comparison creates a demanding backdrop for the November report. Investors will be watching not only the headline earnings figure but also the quality of cash flow and the operating contribution from Occidental's oil and gas portfolio. The company operates mainly in the United States, including the Permian and DJ basins, while its OxyChem business produces chlor-alkali chemicals, vinyls and related products.
Dividend keeps cash returns in view
Occidental recently declared a quarterly dividend of 0.28 US dollars per share. MarketBeat reported that the payment is scheduled for January 15, 2027, for shareholders of record on December 10, 2026. The annualized payout is 1.12 US dollars per share, according to the same report.
For investors, the upcoming earnings release therefore combines an operational test with a capital-allocation question. A result above or below the published estimates could influence how the market assesses the company's earnings momentum, but the report and management's comments will be needed before drawing conclusions about the next phase of performance.
Occidental Petroleum stock traded at 54.70 euros on Lang & Schwarz at 14:13 CET on Tuesday, November 3, 2026. The real-time quote of Occidental Petroleum stock reflects the current Lang & Schwarz indication.
Occidental Petroleum Corporation
- Company: Occidental Petroleum Corporation
- ISIN: US6745991058
- Ticker: OXY
- Trading venue: Lang & Schwarz
- Price: 54.70 euros on November 3, 2026 at 14:13 CET
- Upcoming event: Third-quarter 2026 results expected November 9, 2026
- Sector: Energy
Broader risk appetite and energy-sector sentiment remain relevant for Occidental Petroleum alongside the company's own results, with the S&P 500 market reports providing the wider US equity backdrop.
