Nisa Investment Advisors LLC Has $4.68 Million Stock Position in Occidental Petroleum Corporation $OXY

Nisa Investment Advisors LLC lifted its position in Occidental Petroleum Corporation (NYSE:OXY) by 8.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 113,189 shares of the oil and gas producer’s stock after acquiring an additional 9,165 shares during the period. Nisa Investment Advisors LLC’s holdings in Occidental Petroleum were worth $4,679,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. City Holding Co. boosted its stake in Occidental Petroleum by 250.0% in the 3rd quarter. City Holding Co. now owns 700 shares of the oil and gas producer’s stock worth $33,000 after purchasing an additional 500 shares during the period. Binnacle Investments Inc acquired a new stake in Occidental Petroleum during the 3rd quarter valued at $35,000. GoalVest Advisory LLC acquired a new stake in Occidental Petroleum during the 3rd quarter valued at $38,000. Tripletail Wealth Management LLC purchased a new stake in shares of Occidental Petroleum in the third quarter valued at $49,000. Finally, Byrne Asset Management LLC boosted its position in shares of Occidental Petroleum by 96.9% in the fourth quarter. Byrne Asset Management LLC now owns 1,219 shares of the oil and gas producer’s stock worth $50,000 after buying an additional 600 shares during the period. Hedge funds and other institutional investors own 88.70% of the company’s stock.

Occidental Petroleum Price Performance

Shares of NYSE:OXY opened at $62.94 on Friday. The firm has a market cap of $62.42 billion, a price-to-earnings ratio of 39.09 and a beta of 0.23. Occidental Petroleum Corporation has a 1 year low of $34.78 and a 1 year high of $67.45. The company has a current ratio of 0.94, a quick ratio of 0.74 and a debt-to-equity ratio of 0.73. The business has a fifty day simple moving average of $52.84 and a 200 day simple moving average of $46.10.

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

Occidental Petroleum Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 10th will be paid a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend is Tuesday, March 10th. This is a positive change from Occidental Petroleum’s previous quarterly dividend of $0.24. Occidental Petroleum’s dividend payout ratio (DPR) is presently 64.60%.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. The Goldman Sachs Group lifted their price target on Occidental Petroleum from $41.00 to $54.00 and gave the company a “sell” rating in a report on Wednesday, March 11th. Piper Sandler upgraded Occidental Petroleum from a “neutral” rating to an “overweight” rating and raised their price objective for the stock from $54.00 to $66.00 in a research report on Thursday, March 12th. Citigroup lifted their target price on Occidental Petroleum from $45.00 to $67.00 and gave the company a “neutral” rating in a research note on Monday. Roth Mkm upped their target price on Occidental Petroleum from $39.00 to $45.00 and gave the company a “neutral” rating in a report on Friday, February 20th. Finally, Wolfe Research reduced their price target on shares of Occidental Petroleum from $55.00 to $54.00 and set an “outperform” rating for the company in a research report on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, fifteen have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $58.83.

Key Occidental Petroleum News

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

• Positive Sentiment: Zacks upgraded OXY from “hold” to “strong-buy,” which likely drew fresh buyer interest and helped support the rally. Zacks.com
• Positive Sentiment: Stephens raised its price target on OXY to $74 and kept an “overweight” rating, signaling material upside vs. the recent share price and reinforcing institutional appetite. Stephens Adjusts Price Target on Occidental Petroleum
• Positive Sentiment: Escalating geopolitical tensions pushed crude prices higher and drew flows into high-performing energy names, supporting OXY’s move up today. What’s Going On With Occidental Petroleum Stock Thursday? (Benzinga)
• Neutral Sentiment: Berkshire’s acquisition of OxyChem closes a valuation/strategy chapter for Occidental; proceeds are expected to be used to repair the balance sheet and refocus on core energy operations, a structural positive but already priced in by many investors. Berkshire Adds OxyChem As Valuation Gap And Earnings Outlook Diverge
• Neutral Sentiment: Occidental scheduled its Q1 2026 results for May 5 (conference call May 6); this sets a clear near-term event that could drive volatility depending on production, commodity realizations and balance-sheet commentary. Occidental to Announce First Quarter Results
• Negative Sentiment: Earlier profit-taking and a pullback in crude after signs of de‑escalation in the Iran conflict triggered a sharp short-term sell-off in OXY (reported as a multi-percent drop on one session), showing how oil moves can quickly reverse gains in energy stocks. Occidental Petroleum shares fall as crude oil retreats
• Negative Sentiment: Oil prices fell on April 1 amid hopes the Iran war may end, illustrating the dominant role of macro and geopolitical headlines in driving short-term OXY volatility. Stock Market Today, April 1

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.