News

International Assets Investment Management LLC Decreases Stock Position in Occidental Petroleum Corporation $OXY

MarketBeat · last updated January 25, 2026 – 2:11 AM

International Assets Investment Management LLC decreased its position in shares of Occidental Petroleum Corporation (NYSE:OXY — Free Report) by 74.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,313 shares of the oil and gas producer’s stock after selling 44,984 shares during the period. International Assets Investment Management LLC’s holdings in Occidental Petroleum were worth $724,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in OXY. Vanguard Personalized Indexing Management LLC increased its holdings in Occidental Petroleum by 77.6% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 139,086 shares of the oil and gas producer’s stock worth $5,843,000 after purchasing an additional 60,793 shares during the last quarter. Tevis Investment Management acquired a new stake in shares of Occidental Petroleum during the second quarter worth approximately $356,000. Swedbank AB bought a new stake in shares of Occidental Petroleum in the third quarter worth $35,517,000. Nordea Investment Management AB raised its holdings in Occidental Petroleum by 4.9% in the second quarter. Nordea Investment Management AB now owns 459,826 shares of the oil and gas producer’s stock valued at $19,446,000 after acquiring an additional 21,393 shares in the last quarter. Finally, Aberdeen Group plc boosted its stake in Occidental Petroleum by 4.4% during the 2nd quarter. Aberdeen Group plc now owns 731,158 shares of the oil and gas producer’s stock valued at $30,716,000 after acquiring an additional 30,746 shares during the last quarter. 88.70% of the stock is owned by hedge funds and other institutional investors.

Get Occidental Petroleum alerts:

Occidental Petroleum Stock Up 2.3%

Shares of Occidental Petroleum stock opened at $44.13 on Friday. The stock has a market capitalization of $43.47 billion, a price-to-earnings ratio of 32.45 and a beta of 0.38. Occidental Petroleum Corporation has a twelve month low of $34.78 and a twelve month high of $52.58. The company has a current ratio of 0.94, a quick ratio of 0.71 and a debt-to-equity ratio of 0.73. The business’s 50 day simple moving average is $41.66 and its 200-day simple moving average is $43.35.

Occidental Petroleum (NYSE:OXY — Get Free Report) last released its quarterly earnings data on Monday, November 10th. The oil and gas producer reported $0.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.48 by $0.16. Occidental Petroleum had a return on equity of 12.35% and a net margin of 7.81%.The business had revenue of $6.62 billion during the quarter, compared to analyst estimates of $6.66 billion. During the same quarter in the previous year, the firm posted $1.00 EPS. The business’s revenue for the quarter was down 6.1% compared to the same quarter last year. Equities research analysts forecast that Occidental Petroleum Corporation will post 3.58 earnings per share for the current year.

Occidental Petroleum Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 10th were given a dividend of $0.24 per share. The ex-dividend date was Wednesday, December 10th. This represents a $0.96 annualized dividend and a dividend yield of 2.2%. Occidental Petroleum’s dividend payout ratio is currently 70.59%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on OXY shares. Piper Sandler dropped their target price on shares of Occidental Petroleum from $47.00 to $46.00 and set a “neutral” rating for the company in a research report on Tuesday, November 18th. Wolfe Research lowered their price objective on Occidental Petroleum from $55.00 to $54.00 and set an “outperform” rating for the company in a report on Wednesday. BMO Capital Markets cut their price objective on Occidental Petroleum from $50.00 to $48.00 and set a “market perform” rating on the stock in a research note on Monday, January 12th. JPMorgan Chase & Co. decreased their target price on Occidental Petroleum from $44.00 to $42.00 and set an “underweight” rating for the company in a research report on Tuesday, January 20th. Finally, Citigroup dropped their price target on Occidental Petroleum from $49.00 to $45.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 19th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, eleven have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat, Occidental Petroleum currently has an average rating of “Hold” and an average price target of $47.57.

Read Our Latest Report on OXY

Insider Buying and Selling at Occidental Petroleum

In other news, Director William R. Klesse acquired 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 16th. The shares were purchased at an average cost of $38.98 per share, for a total transaction of $194,900.00. Following the transaction, the director directly owned 218,913 shares in the company, valued at $8,533,228.74. This trade represents a 2.34% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.31% of the stock is currently owned by company insiders.

Occidental Petroleum Profile

(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.