Occidental Petroleum Corporation $OXY Shares Acquired by Cantor Fitzgerald L. P.

Cantor Fitzgerald L. P. boosted its holdings in Occidental Petroleum Corporation (NYSE:OXY) by 67.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 32,620 shares of the oil and gas producer’s stock after purchasing an additional 13,087 shares during the quarter. Cantor Fitzgerald L. P.’s holdings in Occidental Petroleum were worth $1,541,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in OXY. Moody National Bank Trust Division lifted its holdings in shares of Occidental Petroleum by 1.5% during the 3rd quarter. Moody National Bank Trust Division now owns 15,555 shares of the oil and gas producer’s stock worth $735,000 after acquiring an additional 229 shares during the period. Inscription Capital LLC raised its stake in Occidental Petroleum by 0.8% during the third quarter. Inscription Capital LLC now owns 32,734 shares of the oil and gas producer’s stock worth $1,547,000 after purchasing an additional 271 shares during the period. Cigna Investments Inc. New boosted its holdings in shares of Occidental Petroleum by 4.3% in the 3rd quarter. Cigna Investments Inc. New now owns 6,809 shares of the oil and gas producer’s stock valued at $321,000 after purchasing an additional 280 shares during the last quarter. Greenleaf Trust grew its stake in shares of Occidental Petroleum by 2.7% during the 3rd quarter. Greenleaf Trust now owns 11,330 shares of the oil and gas producer’s stock valued at $535,000 after buying an additional 296 shares during the period. Finally, Northwestern Mutual Investment Management Company LLC increased its holdings in shares of Occidental Petroleum by 1.3% during the 3rd quarter. Northwestern Mutual Investment Management Company LLC now owns 22,904 shares of the oil and gas producer’s stock worth $1,082,000 after buying an additional 299 shares during the last quarter. 88.70% of the stock is owned by institutional investors and hedge funds.

More Occidental Petroleum News

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

• Positive Sentiment: Piper Sandler upgraded OXY to Overweight and raised its price target to $66, signaling stronger analyst conviction and providing tangible upside from current levels. Positive Report for Occidental Petroleum (OXY) from Piper Sandler
• Positive Sentiment: Coverage and headlines explain a roughly 40% move in OXY YTD — driven by oil‑price strength, Permian operational outperformance and visible debt reduction — reinforcing the narrative that fundamentals, not just momentum, are supporting the rally. What’s Behind The 40% Rise In OXY Stock?
• Positive Sentiment: Zacks notes OXY outperformed the energy group (≈+27% in a month) and cites rising oil, Permian strength and debt paydown as drivers — a bullish confirmation for investors focused on fundamentals and cash‑flow improvement. OXY Outperforms Industry in Past Month: Buy, Hold or Sell the Stock?
• Positive Sentiment: Intraday price jumps and above‑average volume coincided with upward earnings‑estimate revisions, suggesting analysts are beginning to bake in more upside for OXY. Occidental (OXY) Soars 5.1%: Is Further Upside Left in the Stock?
• Positive Sentiment: Broker activity also includes a Wells Fargo upgrade on the company’s equity warrant vehicle (OXY.WS), a signal that some desks see additional value in Occidental‑linked securities. Wells Fargo upgrades Occidental Petroleum Corporation – Equity Warrant (OXY.WS)
• Neutral Sentiment: Sector momentum from rising oil and Middle East supply‑concern headlines (tanker attacks, Strait of Hormuz rhetoric) is lifting energy peers broadly, which benefits OXY but also adds geopolitical volatility risk. Occidental Petroleum Stock Surges Thursday: What’s Driving The Action?
• Neutral Sentiment: Goldman assigned a $54 price target (and other outlets list varying targets), showing analyst views still diverge on fair value — useful context for investors deciding entry points or profit‑taking. Occidental Petroleum (NYSE:OXY) Given New $54.00 Price Target at The Goldman Sachs Group
• Neutral Sentiment: Occidental disclosed a $1.20B debt tender and covenant changes; this touches capital structure and may reduce near‑term leverage risks but invites scrutiny over terms and longer‑run funding flexibility. Should Occidental’s US$1.20 Billion Debt Tender and Covenant Changes Require Action From OXY Investors?
• Negative Sentiment: Some analysts and commentaries warn the oil‑led rally may be overextended and that easy gains could be behind the stock, implying higher near‑term downside risk if oil or macro sentiment reverses. Occidental Petroleum: Oil Rally Overly Done – Easy Gains Behind Us

Occidental Petroleum Trading Down 0.9%

Shares of OXY opened at $57.91 on Friday. Occidental Petroleum Corporation has a 12 month low of $34.78 and a 12 month high of $59.15. The stock’s 50-day moving average is $47.53 and its two-hundred day moving average is $44.62. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.94 and a quick ratio of 0.74. The stock has a market cap of $57.11 billion, a PE ratio of 35.97 and a beta of 0.34.

Occidental Petroleum (NYSE:OXY) last posted its earnings results on Wednesday, February 18th. The oil and gas producer reported $0.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.13. The business had revenue of $5.11 billion during the quarter, compared to analyst estimates of $6.02 billion. Occidental Petroleum had a return on equity of 9.89% and a net margin of 9.14%.The company’s revenue for the quarter was down 5.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.80 earnings per share. Equities analysts forecast that Occidental Petroleum Corporation will post 3.58 earnings per share for the current fiscal year.

Occidental Petroleum Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 10th will be paid a dividend of $0.26 per share. This is an increase from Occidental Petroleum’s previous quarterly dividend of $0.24. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date is Tuesday, March 10th. Occidental Petroleum’s payout ratio is 64.60%.

Analyst Ratings Changes

A number of research analysts recently weighed in on OXY shares. Scotiabank reduced their target price on Occidental Petroleum from $47.00 to $46.00 and set a “sector perform” rating on the stock in a report on Friday, January 16th. Morgan Stanley cut their price objective on Occidental Petroleum from $51.00 to $50.00 and set an “overweight” rating on the stock in a report on Friday, January 23rd. Wells Fargo & Company raised Occidental Petroleum from an “underweight” rating to an “overweight” rating and lifted their price objective for the company from $47.00 to $69.00 in a research note on Thursday. JPMorgan Chase & Co. boosted their target price on Occidental Petroleum from $42.00 to $49.00 and gave the stock an “underweight” rating in a report on Friday, February 20th. Finally, Jefferies Financial Group raised their price target on shares of Occidental Petroleum from $42.00 to $47.00 and gave the company a “hold” rating in a report on Monday, February 23rd. Nine research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $53.48.

Insider Activity

In other news, Director William R. Klesse bought 5,000 shares of Occidental Petroleum stock in a transaction dated Tuesday, December 16th. The shares were acquired at an average cost of $38.98 per share, with a total value of $194,900.00. Following the completion of the transaction, the director owned 218,913 shares in the company, valued at approximately $8,533,228.74. This trade represents a 2.34% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.31% of the stock is owned by corporate insiders.

Occidental Petroleum Profile

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.