MUFG Securities EMEA plc Has $13.38 Million Stock Position in Occidental Petroleum Corporation $OXY

MUFG Securities EMEA plc increased its position in shares of Occidental Petroleum Corporation (NYSE:OXY – Free Report) by 2,266.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 325,495 shares of the oil and gas producer’s stock after purchasing an additional 311,740 shares during the quarter. MUFG Securities EMEA plc’s holdings in Occidental Petroleum were worth $13,384,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its holdings in Occidental Petroleum by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 89,900,677 shares of the oil and gas producer’s stock worth $3,696,716,000 after acquiring an additional 699,137 shares during the last quarter. Geode Capital Management LLC grew its holdings in Occidental Petroleum by 0.9% during the 4th quarter. Geode Capital Management LLC now owns 18,846,231 shares of the oil and gas producer’s stock worth $771,949,000 after acquiring an additional 167,518 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in Occidental Petroleum by 11.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 8,718,939 shares of the oil and gas producer’s stock worth $412,045,000 after acquiring an additional 900,677 shares during the last quarter. Invesco Ltd. grew its holdings in Occidental Petroleum by 0.4% during the 3rd quarter. Invesco Ltd. now owns 5,658,899 shares of the oil and gas producer’s stock worth $267,383,000 after acquiring an additional 24,755 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in Occidental Petroleum by 0.4% during the 3rd quarter. Bank of New York Mellon Corp now owns 4,241,267 shares of the oil and gas producer’s stock worth $200,400,000 after acquiring an additional 15,304 shares during the last quarter. Institutional investors own 88.70% of the company’s stock.

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More Occidental Petroleum News

Here are the key news stories impacting Occidental Petroleum this week:

• Positive Sentiment: Barclays upgraded Occidental Petroleum (OXY), and Capital One Financial raised its price target to $70 from $67, signaling improved Wall Street sentiment and suggesting meaningful upside from recent trading levels. MarketScreener
• Positive Sentiment: Several articles highlight a potentially higher-upside growth path for OXY, including its long-term bet with ExxonMobil and a focus on oil, LNG, and low-carbon initiatives that could improve earnings power over time. Article
• Positive Sentiment: Analyst-focused coverage comparing OXY with TotalEnergies points to Occidental’s earnings revisions, ROE, debt profile, and dividend setup as key factors supporting the investment case. Article
• Neutral Sentiment: Broader market commentary notes that analysts are revising 2026 S&P 500 profit estimates higher for some companies, but the impact on OXY is indirect and not clearly company-specific. Article
• Negative Sentiment: Energy stocks were also under pressure in broader trading, which can drag on Occidental Petroleum even when company-specific news is constructive. Article

Analyst Ratings Changes

A number of brokerages have commented on OXY. Jefferies Financial Group increased their price objective on shares of Occidental Petroleum from $47.00 to $58.00 and gave the stock a “hold” rating in a report on Monday, April 13th. HSBC increased their price objective on shares of Occidental Petroleum from $59.00 to $68.00 and gave the stock a “buy” rating in a report on Friday, March 20th. Wolfe Research increased their price objective on shares of Occidental Petroleum from $67.00 to $70.00 and gave the stock an “outperform” rating in a report on Monday, April 6th. Stephens increased their price objective on shares of Occidental Petroleum from $59.00 to $74.00 and gave the stock an “overweight” rating in a report on Tuesday, March 31st. Finally, Scotiabank raised their target price on shares of Occidental Petroleum from $46.00 to $57.00 and gave the company a “sector perform” rating in a research note on Wednesday, April 22nd. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, fifteen have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $63.74.

Get Our Latest Stock Analysis on OXY

Occidental Petroleum Stock Down 1.2%

Shares of NYSE OXY opened at $56.64 on Friday. The firm has a market capitalization of $56.34 billion, a PE ratio of 14.27 and a beta of 0.17. The company has a current ratio of 1.21, a quick ratio of 1.01 and a debt-to-equity ratio of 0.49. Occidental Petroleum Corporation has a 1 year low of $38.80 and a 1 year high of $67.45. The firm’s 50-day moving average is $58.89 and its 200-day moving average is $49.97.

Occidental Petroleum (NYSE:OXY – Get Free Report) last issued its earnings results on Tuesday, May 5th. The oil and gas producer reported $1.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.46. The company had revenue of $5.11 billion for the quarter, compared to analyst estimates of $5.44 billion. Occidental Petroleum had a net margin of 19.98% and a return on equity of 9.65%. The company’s revenue for the quarter was down 8.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.14 EPS. Equities analysts expect that Occidental Petroleum Corporation will post 5.5 EPS for the current year.

Occidental Petroleum Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Wednesday, June 10th will be paid a dividend of $0.26 per share. The ex-dividend date of this dividend is Wednesday, June 10th. This represents a $1.04 annualized dividend and a yield of 1.8%. Occidental Petroleum’s dividend payout ratio (DPR) is presently 26.20%.

About Occidental Petroleum

(Free Report)

Occidental Petroleum Corporation (OXY) is an international energy company engaged primarily in the exploration, production and marketing of oil and natural gas. The company conducts upstream activities to discover and produce hydrocarbons and operates complementary midstream and marketing functions to transport and sell its production. Occidental also owns a chemicals business that manufactures and sells industrial chemicals and related products for a range of end markets.

Occidental’s operations are concentrated in the United States, with a significant presence in the Permian Basin, and it maintains exploration and production activities in several international regions, including parts of the Middle East, Latin America and Africa.

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