<div id="readability-page-1"><p>MFG Wealth Management Inc. acquired a new position in  Occidental Petroleum Corporation (NYSE:OXY - Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor  acquired 29,962 shares of the oil and gas producer's stock, valued at approximately $1,416,000.</p><div><p><span></span><span>Get <strong>Occidental Petroleum</strong> alerts:</span></p></div><ul><li>As Warren Buffett Nears His Exit, Berkshire's Amassed Record Cash</li></ul><p>Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Czech National Bank grew its position in  Occidental Petroleum by 5.4% in the third quarter. Czech National Bank now owns 182,519 shares of the oil and gas producer's stock worth $8,624,000 after acquiring an additional 9,318 shares in the last quarter.  Woodstock Corp bought a new position in shares of  Occidental Petroleum during the 3rd quarter valued at $324,000.  Sanders Morris Harris LLC acquired a new stake in shares of  Occidental Petroleum in the 3rd quarter valued at $1,539,000.  Moody National Bank Trust Division boosted its holdings in  Occidental Petroleum by 1.5% in the third quarter. Moody National Bank Trust Division now owns 15,555 shares of the oil and gas producer's stock worth $735,000 after purchasing an additional 229 shares in the last quarter.  Finally, Aaron Wealth Advisors LLC increased its position in  Occidental Petroleum by 22.5% during the third quarter. Aaron Wealth Advisors LLC now owns 8,592 shares of the oil and gas producer's stock worth $406,000 after buying an additional 1,576 shares during the last quarter. Institutional investors own  88.70% of the company's stock. </p><h2>Insider Activity</h2><p>In related news, Director William R. Klesse acquired 5,000 shares of the company's stock in a transaction dated Tuesday, December 16th. The shares were bought at an average price of $38.98 per share, for a total transaction of $194,900.00. Following the acquisition, the director owned 218,913 shares in the company, valued at $8,533,228.74. This trade represents a 2.34% increase in their position. The transaction was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is accessible through the SEC website. Insiders own  0.31% of the company's stock. </p><h2>Wall Street Analyst Weigh In</h2><ul><li>Occidental Petroleum is a Buy in Q4 2025</li></ul><p>A number of analysts have weighed in on OXY shares. Weiss Ratings  reaffirmed a &#34;hold (c-)&#34; rating on shares of Occidental Petroleum in a research report on Wednesday, October 8th. Citigroup cut their price objective on Occidental Petroleum from $49.00 to $45.00 and set a &#34;neutral&#34; rating on the stock in a research note on Wednesday, November 19th. Wells Fargo &amp; Company decreased their target price on Occidental Petroleum from $42.00 to $40.00 and set an &#34;underweight&#34; rating for the company in a research report on Wednesday, November 12th. Hsbc Global Res upgraded Occidental Petroleum from a &#34;hold&#34; rating to a &#34;strong-buy&#34; rating in a report on Friday, October 3rd. Finally, Susquehanna lifted their price target on shares of Occidental Petroleum from $54.00 to $55.00 and gave the company a &#34;positive&#34; rating in a research report on Thursday, November 13th. One research analyst  has rated the stock with a Strong Buy rating, five have given a Buy rating, thirteen have given a Hold rating and four have issued  a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of &#34;Hold&#34; and a consensus target price of $49.95.</p><p><b>Read Our Latest Research Report on Occidental Petroleum</b></p><h2>Occidental Petroleum Stock Performance</h2><ul><li>How Berkshire's OxyChem Buy Cements Its Long-Term Strength</li></ul><p>OXY opened at $39.75 on Friday. The company has a quick ratio of 0.71, a current ratio of 0.94 and a debt-to-equity ratio of 0.73. The stock's 50 day moving average price is $41.46 and its two-hundred day moving average price is $43.69. The firm has a market capitalization of $39.16 billion, a P/E ratio of 29.23 and a beta of 0.39. Occidental Petroleum Corporation has a 12-month low of $34.78 and a 12-month high of $53.20. </p><p>Occidental Petroleum (NYSE:OXY - Get Free Report) last posted its quarterly earnings data on Monday, November 10th. The oil and gas producer reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.16. The company had revenue of $6.62 billion during the quarter, compared to analysts' expectations of $6.66 billion. Occidental Petroleum had a return on equity of 12.35% and a net margin of 7.81%.Occidental Petroleum's revenue for the quarter was down 6.1% compared to the same quarter last year. During the same period in the prior year, the business earned $1.00 earnings per share.  On average, equities analysts forecast that  Occidental Petroleum Corporation will post 3.58 earnings per share for the current year. </p><h2>Occidental Petroleum Dividend Announcement</h2><p>The business also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Wednesday, December 10th will be issued a $0.24 dividend. The ex-dividend date of this dividend is Wednesday, December 10th. This represents a $0.96 dividend on an annualized basis and a yield of 2.4%. Occidental Petroleum's dividend payout ratio  is 70.59%. </p><h2>About Occidental Petroleum</h2> (Free Report)<p>Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States, the Middle East, and North Africa. It operates through three segments: Oil and Gas, Chemical, and Midstream and Marketing. The company's Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Occidental Petroleum</li><li>Most active stocks: Dollar volume vs share volume</li><li>Broadcom Stock Crashes 20%—But Wall Street Sees It Soaring to $500</li><li>Why is the Ex-Dividend Date Significant to Investors?</li><li>Forget the Chips: 4 Industrial Plays for the AI Rebound</li><li>How to Calculate Options Profits</li><li>MongoDB Could Hit Record Highs—But You’ll Need to Move Fast</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU9YWQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU9YWQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Occidental Petroleum Right Now?</h2><p>Before you consider Occidental Petroleum, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Occidental Petroleum wasn't on the list.</p><p>While Occidental Petroleum currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>MFG Wealth Management Inc. acquired 29,962 shares of Occidental Petroleum Corporation, valued at approximately $1,416,000, during the third quarter. This acquisition was reported in the company's recent 13F filing with the SEC. Several other institutional investors have also adjusted their positions in Occidental Petroleum. The stock has a consensus rating of 'Hold' with a target price of $49.95. Occidental Petroleum reported a quarterly earnings per share of $0.64, surpassing the consensus estimate of $0.48.</p>

MFG Wealth Management Inc. Takes Position in Occidental Petroleum Corporation $OXY