Dodge & Cox Reduces $305M in Occidental Petroleum Corporation ($OXY)

Key Points

  • Dodge & Cox changed its Occidental Petroleum Corporation ($OXY) stake by 6.8% last quarter, cutting to 74,085,572 shares worth $4.19 billion.
  • Wall Street's consensus rating on $OXY is Hold and an average price target of $65.50.
  • $OXY last traded around $56.54.

Dodge & Cox trimmed its position in Occidental Petroleum Corporation ($OXY) by 6.8% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 74,085,572 shares of Occidental Petroleum Corporation after selling 5,387,499 shares during the quarter. Dodge & Cox's holdings in Occidental Petroleum Corporation were worth $4.19 billion as of its most recent filing.

Occidental Petroleum Corporation ($OXY) Stock

Last price$56.54
Market cap$56.24B
P/E ratio76.41
Forward P/E14.02
PEG ratio1.19
Beta0.12
52-week low$38.80
52-week high$67.45
50-day MA$57.82
200-day MA$49.06
Current ratio1.21
Quick ratio0.91
Debt-to-equity0.42

Occidental Petroleum Corporation Earnings

EPS (ttm)$0.74
Revenue (ttm)$21.12B
Revenue growth-8.3%
Net margin22.4%
Return on equity4.1%
Next earningsAug 5, 2026

Occidental Petroleum Corporation Dividend

Annual dividend$1.04
Dividend yield184.00%
Payout ratio132.4%
Ex-dividend dateJun 10, 2026

Analysts Set New Price Targets

ConsensusHold
Average target$65.50
High target$75.00
Low target$55.00
Analysts covering24

About Occidental Petroleum Corporation

Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States and internationally. It operates through Oil and Gas and Midstream and Marketing. The Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. This segment also optimizes its transportation and storage capacity and invests in entities. The Midstream and Marketing segment purchases, markets, gathers, processes, transports and stores oil, condensate, NGLs, natural gas, carbon dioxide, and power. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas.

ExchangeNYSE
SectorEnergy
IndustryOil & Gas E&P
HeadquartersHouston, TX
CEOMr. Richard A. Jackson
Employees10,412

See Also

This instant news alert was generated by automated narrative technology and financial data from Trueearnings and public regulatory filings. It is for informational purposes only and is not financial advice.