How to buy Occidental Petroleum shares in 2025

Occidental Petroleum Corporation ($OXY) is a global energy company engaged in oil and gas exploration, production and petrochemicals with a focus on sustainable resource development and carbon management.

👉 Read on to learn about Occidental Petroleum and how to buy $OXY shares in a few easy steps.

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How to buy Occidental Petroleum stock in 5 steps

When investing in shares - whether OXY or otherwise - it’s important to consider your financial position, investing goals and risk tolerance. Before making any investment decision, it’s wise to consider your current circumstances and consult with a financial planner or advisor. If you decide that investing in Occidental Petroleum is right for you, then consider the following steps.

1. Open an investing account

To buy Occidental Petroleum stock in Australia, you’ll need to sign up to an investing platform with access to the U.S. share market. Stake offers seamless access to 12,000+ stocks and ETFs across the U.S. and Australian markets, including OXY.

2. Fund your account

Once you’ve opened an account, you’ll need to deposit funds to allow you to buy OXY shares. With Stake, you can deposit via bank transfer, debit/credit card, Apple Pay, Google Pay or set up a recurring deposit using PayTo.

Sign up to invest in OXY stock

Open an account
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3. Search for Occidental Petroleum or OXY

Find your prospective investment by searching the name or ticker symbol of the company. If you’re using Stake, you can easily search on our web trading platform or the Stake app.

4. Place an order for OXY shares

The next step is to place an order for the number of Occidental Petroleum shares you’d like to buy. Be sure to check the market is open and ensure the order type and volume align with your investment plan.

5. Monitor your investment

Once your order executes, you should keep an eye on the company’s performance and monitor the performance of your portfolio. Check regularly to ensure your investment is aligned with your financial goals.

Put it on repeat?

If you intend to regularly purchase OXY shares, you could consider setting up a recurring investment. On Stake, you can set up a consistent purchase order for Occidental Petroleum shares which may be useful if you’re thinking of investing in the company over the long term.


Occidental Petroleum company overview

Occidental Petroleum Corporation is one of the largest oil and gas exploration and production companies in the United States. Its operations include upstream activities like the exploration and production of crude oil, natural gas and natural gas liquids - primarily in the U.S., the Middle East and Latin America. The company also has a midstream and marketing segment that handles the transportation and storage of oil and gas, as well as a chemicals business, which produces basic chemicals, vinyls and specialty chemicals through its subsidiary OxyChem. Occidental is committed to delivering shareholder value through efficient operations, technology-driven cost management and strategic investments. Occidental's vision is to develop energy resources sustainably while minimising environmental impact and advancing low-carbon technologies. The company aims to be a leader in carbon management by reducing its greenhouse gas emissions and leveraging carbon capture, utilisation and storage (CCUS) technologies. Occidental aspires to balance energy production with environmental responsibility, ensuring that it meets the global demand for energy while working towards a lower-carbon future.


Occidental Petroleum share price performance

The Occidental Petroleum share price was US$47.96 (-0.58%) as of market close.

Key metrics for Occidental Petroleum

Get a breakdown of Occidental Petroleum’s financial metrics.

Latest market closeUS$47.96
Market capitalisationUS$45.01B
PE Ratio21.25
Earnings per shareUS$2.26
Day change-0.58%
52-week highUS$71.19
52-week lowUS$44.70

Data updated as of March 21, 2025.

Schedule a recurring investment in Occidental Petroleum

Put your favourites on repeat - like Occidental Petroleum - with a recurring investment on Stake. It’s a great way to build towards long-term goals and a convenient method to stay consistent with your investing habits.
You’re always in control, it’s easy to hit pause or skip a scheduled order.

Set up a recurring $OXY investment
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Does Occidental Petroleum pay dividends?

Yes, Occidental Petroleum pays dividends.

Dividend yield2.00%

Data updated as of March 21, 2025.

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What is the Occidental Petroleum price target?

The average price target for OXY is US$55.13 across 8 combined analyst ratings.

The suggestion is to BUY with 25% of analysts suggesting to buy, 63% suggest hold and 12% suggest sell.

Analyst ratings and price targets are provided for informational purposes by our market data partner, Benzinga, and do not constitute a recommendation to make an investment decision. Future forecasts are not a reliable indicator of future performance.

Analyst ratings in Stake app

How to sell Occidental Petroleum shares?

The process of selling Occidental Petroleum shares on Stake is similar to purchasing them. If you already own OXY shares on the platform and looking to sell, follow these steps:

  1. Open Stake, head to your Holdings and find Occidental Petroleum
  2. Select Sell
  3. Choose the order type, number of shares/dollar value and the desired price (if applicable)
  4. Review your Sell order
  5. Follow the prompts to submit your order

Watch this video to see just how simple it is to buy and sell shares on Stake.

Is it a good time to buy Occidental Petroleum shares?

Like any investment, Occidental Petroleum may be a suitable option for some, but not for others. It’s important to understand that investing in any financial instrument comes with a certain level of risk.

You should always conduct your own research and consider your personal financial circumstances before buying $OXY shares. When researching, consider the company’s financial health, future prospects, current market conditions and whether or not it aligns with your investment strategy.

What are some similar stocks to OXY?

Exxon Mobil Corporation ($XOM): Exxon Mobil is one of the world’s largest publicly traded energy companies, focusing on the exploration, production and refining of oil and natural gas, as well as petrochemicals, much like Occidental Petroleum. Chevron Corporation ($CVX): Chevron is another major integrated energy company engaged in crude oil, natural gas and petroleum product exploration, production and refining, with a global footprint similar to that of Occidental. ConocoPhillips ($COP): ConocoPhillips is an independent oil and gas exploration and production company, with significant upstream operations and a focus on unconventional resources and long-term sustainability, aligning with Occidental’s energy production goals.

What are some ETFs that hold OXY?

Energy Select Sector SPDR Fund ($XLE): XLE tracks companies in the S&P 500 involved in the energy sector, including Occidental Petroleum as one of its holdings, offering exposure to oil and gas exploration, production and equipment services. Vanguard Energy ETF ($VDE): VDE provides exposure to a wide range of U.S. energy sector stocks, including Occidental Petroleum, offering diversification across oil, gas and energy equipment and services companies. iShares U.S. Energy ETF ($IYE): IYE focuses on U.S.-based energy stocks, holding shares of Occidental Petroleum among other industry players like Exxon Mobil and Chevron, providing investors with access to a variety of energy sector companies.

Why invest on Stake?

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Occidental Petroleum Common Questions

If you’re new to the investing world, it’s always wise to get educated on the fundamentals of the market. Luckily you can learn all about it free of charge at our learning hub, Stake Academy. If you decide that Occidental Petroleum aligns with your financial goals, then follow these steps:
  1. Sign up to Stake on desktop or via the Stake app
  2. Activate Stake wall-st
  3. Deposit funds via bank transfer, credit/debit card, Apple Pay/Google Pay or PayTo
  4. Place a buy order for Occidental Petroleum
  5. Monitor your investment

With Stake Wall St, you can start investing in U.S. companies like Occidental Petroleum with as little as US$10 thanks to fractional shares.

Fractional shares allow U.S. investors to purchase a portion of a share in lieu of an entire stock. This can be advantageous for some investors who seek to hold a company in their portfolio but don’t want to pay for a full share.

Whether or not Occidental Petroleum is a good buy is dependent on your investing goals, strategy and risk tolerance. It’s essential to conduct thorough research on Occidental Petroleum and decide whether you believe it to be a sound investment that aligns with your financial goals.

Occidental Petroleum Corporation typically reports earnings on a quarterly basis. For exact dates, it's best to check OXY's investor relations page for any adjustments to the schedule​.

The CEO of Occidental Petroleum Corporation is Vicki Hollub, who has held the position since 2016. As the first woman to lead a major U.S. oil company, Hollub has driven Occidental's strategic focus on sustainable energy practices, cost-efficient operations and expanding its portfolio in low-carbon technologies, steering the company towards environmental responsibility and growth.

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This is for information purposes only and is not a recommendation to invest in the securities listed. Such information is not intended to constitute financial advice and no agency or advisory relationship is created between you and Stake as a result of having access to or using the Information. This information does not take into account your personal objectives, financial situation or needs. You agree that neither Stake nor any third party provider is responsible for any investment decisions or for any damages or other losses resulting from the use of the Information. As always, do your own research before making any investment decisions and consider seeking advice from a licensed financial adviser. No representation or warranty is made as to the timeliness, reliability, accuracy or completeness of the material and Stake does not accept any responsibility arising from errors in, or omissions from, the data. Past performance is not a reliable indicator of future performance.


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