Occidental Petroleum stock faces results test after target hike

Published on 10/31/2026 at 10:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Occidental Petroleum stock enters the weekend with a higher analyst target and a scheduled quarterly dividend. Results are due on November 9.

Key developments ahead of results

Susquehanna raised its price target while retaining a Positive rating.
Occidental declared a quarterly dividend payable in January 2027.
The next quarterly results are scheduled for November 9, 2026.

Occidental Petroleum, US6745991058, Illustration mit AI erstellt.

Occidental Petroleum stock traded at 57.21 euros on Lang & Schwarz at 10:03 CET on Saturday, October 31, 2026. The company enters the new week with two investor-relevant developments ahead of its third-quarter report: Susquehanna raised its price target, while Occidental declared a regular quarterly dividend.

Analyst view turns more constructive

Susquehanna raised its price objective to 77 US dollars from 70 US dollars on October 20 and retained a Positive rating, according to AD HOC NEWS. The preview lifted its 2026 oil-price assumption to 84 US dollars per barrel from 80 US dollars, while lowering its near-term natural-gas assumptions.

The revised model keeps realized oil prices, production and the timing of the earnings release central to the outlook. It is an analyst assessment rather than company guidance.

Dividend adds an income signal

Occidental's board declared a regular dividend of 0.28 US dollars per common share on October 26. The payment is scheduled for January 15, 2027, to shareholders of record at the close of business on December 10, 2026.

The dividend provides a defined near-term shareholder payment, while the upcoming results will offer the next company-specific test of the assumptions behind the analyst revisions.

Results set the next test

Occidental is scheduled to report third-quarter results on Monday, November 9, 2026. Investors will focus on realized commodity prices, production and the company's assessment of the operating backdrop.

Investors can follow the real-time quote of Occidental Petroleum stock for the latest market indication.

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