Occidental Petroleum stock trades at EUR 53.84 before November results
Published on 10/12/2026 at 11:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Occidental Petroleum stock was at EUR 53.84 at Lang & Schwarz on October 12, 2026.
- Third-quarter results are scheduled for November 9, 2026, with a conference call on November 10, 2026.
- Second-quarter 2026 revenue reached USD 8.33 billion and adjusted earnings per share reached USD 2.40.
- Goldman Sachs raised its price target from USD 63 to USD 69 on October 1, 2026.
Occidental Petroleum stock was at EUR 53.84 at Lang & Schwarz on October 12, 2026 at 11:03 a.m. CEST, while the company has scheduled its third-quarter results for November 9, 2026. The date gives the market a clear next checkpoint after a strong second quarter and a recent analyst upgrade.
Three events shape the setup
On July 31, 2026, GlobeNewswire carried Occidental's announcement that Brad Pollack would become senior vice president and general counsel effective August 1, 2026. On August 5, 2026, Occidental reported second-quarter results with revenue of USD 8.33 billion and adjusted earnings per share of USD 2.40, according to Investing.com. On October 1, 2026, Goldman Sachs upgraded Occidental from Neutral to Buy and raised its price target from USD 63 to USD 69 in the same report.
What does the target change signal?
The Goldman target move is tied to debt reduction, dividend potential and an internal plan aimed at USD 4.0 billion of cash flow improvement by 2030, Investing.com reported on October 1, 2026. The comparison behind the quarterly result is also concrete: adjusted earnings per share of USD 2.40 exceeded the cited Wall Street forecast of USD 1.86, while revenue of USD 8.33 billion topped the USD 7.22 billion estimate.
Results dates set the next test
GlobeNewswire reported on October 1, 2026, that Occidental will release third-quarter 2026 results after the market close on November 9, 2026. Management will discuss the figures on November 10, 2026, at 1:00 p.m. ET, making the call the second dated event in the company's published timetable.
The scheduled release matters because the second-quarter figures combined higher revenue with adjusted earnings above expectations, while the analyst case now depends on execution of the cash flow and deleveraging plan. For investors, the November disclosure should clarify whether operating performance is keeping pace with the USD 4.0 billion 2030 improvement target.
Price and market context
Occidental's Lang & Schwarz price stood at EUR 53.84 on October 12, 2026 at 11:03 a.m. CEST. On its NYSE listing, OXY was last at USD 60.11 on October 9, 2026 at 4:00 p.m. ET, while market capitalization was USD 59.8 billion as of that quote. The primary-exchange 52-week range was USD 38.80 to USD 67.45.
The further course of trading is shown by the continuously updated real-time quote of Occidental Petroleum stock.
Occidental Petroleum stock facts
- Company: Occidental Petroleum Corporation
- ISIN: US6745991058
- WKN: 851921
- Ticker: OXY
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 12, 2026, 11:03 a.m. CEST): EUR 53.84
- Market capitalization: USD 59.8 billion (as of October 9, 2026)
- Sector / Industry: Energy / Oil, Gas and Consumable Fuels
- Next earnings date: November 9, 2026
Market context: Market report S&P 500.
