Occidental Petroleum consensus firms ahead of August earnings, shares trade near 52 dollars
23.06.2026 - 21:00:15 | ad-hoc-news.de
By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-23, 20:49.
Occidental Petroleum (US6745991058) enters late June with a defined earnings timetable and a stable analyst backdrop. The New York-listed shares trade around the 52 dollar mark on the NYSE, with the next earnings date set for August 5, 2026 according to TrendSpider.
What analysts are saying
Consensus estimates for Occidental Petroleum's upcoming quarter center around continued profitability after a stronger-than-expected first quarter. MarketBeat reports that Occidental delivered Q1 2026 earnings per share of 1.06 dollars, beating the consensus estimate of 0.60 dollars by 0.46 dollars, a sizeable positive surprise. This beat provides a reference point for current models.
TrendSpider highlights that Truist Securities analyst Gabe Daoud maintains a Hold rating on Occidental Petroleum and recently lowered his price target from 65 to 57 dollars, signaling a more cautious stance on upside while still seeing value above the current trading level. Other aggregated analyst forecasts compiled by various platforms show a range of expectations, but Truist's adjustment gives a concrete marker for institutional sentiment on the stock.
Position of the shares today
Recent trading data place Occidental Petroleum shares close to 52 dollars, with MarketBeat citing a closing price of 51.96 dollars on June 22, 2026 and TrendSpider listing a spot price around 51.92 dollars. Public.com reports that in early pre-market trading on June 23, 2026, Occidental changed hands at 51.85 dollars, a marginal 0.29 percent decline from the prior close at 52 dollars. Those prints frame the shares as broadly steady around the low-50s.
TrendSpider notes that Occidental Petroleum's stock is down about 11.72 percent over the past 30 days, indicating some recent pressure despite a positive one-year performance. StockTitan data point to a market capitalization of roughly 51.5 billion dollars and a one-year share performance of around 18 percent, situating Occidental as a sizeable energy name with meaningful absolute returns over the past 12 months.
More news and data on the Occidental Petroleum shares
Further corporate releases, price charts and analyst updates on Occidental Petroleum can be found in the dedicated topic section and on the company's Investor Relations page.
How Occidental Petroleum earns its money
Occidental Petroleum generates revenue primarily from oil and gas exploration and production in the United States and select international regions, complemented by its midstream and marketing operations. The company also owns OxyChem, a chemical business that produces basic chemicals such as chlorine, caustic soda and PVC, giving Occidental a diversified cash flow stream beyond pure upstream hydrocarbons.
Where the shares trade now
The Occidental Petroleum shares (US6745991058) trade on June 23, 2026 at around 51.91 dollars on the NYSE, based on StockTitan's latest quote data. The stock remains part of the broad U.S. equity universe tracked by the S&P 500, giving it visibility with international investors through major index products.
Key data on the Occidental Petroleum shares
- Company: Occidental Petroleum Corp.
- ISIN: US6745991058
- WKN: 851921
- Ticker: OXY
- Trading venue: NYSE
- Price (as of 2026-06-23, 10:19): 51.91 USD
- Market cap: 51.5 billion USD (as of 2026-06-23)
- Sector / industry: Energy, Oil & Gas Exploration and Production
- Index membership: S&P 500
- Next earnings date: 2026-08-05
Disclaimer: This article provides factual information on Occidental Petroleum and its shares and does not contain investment advice, buy or sell recommendations, or price forecasts. Retail investors should consult multiple sources and, where appropriate, a qualified advisor before making investment decisions.
