L'intérêt à découvert pour Occidental Petroleum donne aux investisseurs une idée du degré auquel les investisseurs parient sur la baisse de l'action de Occidental Petroleum. Les données sur l'intérêt à découvert sont mises à jour toutes les deux semaines.

Occidental Petroleum (NYSE:OXY) Stock, Rapport sur les intérêts à découvert

Occidental Petroleum

Occidental Petroleum is an independent exploration and production company with operations in the United States, Latin America, and the Middle East. At the end of 2023, the company reported net proved reserves of nearly 4 billion barrels of oil equivalent. Net production averaged 1,327 thousand barrels of oil equivalent per day in 2024 at a ratio of roughly 50% oil and natural gas liquids and 50% natural gas.

Occidental Petroleum Corporation Common Stock

Occidental Petroleum Corp

Oxygen - United States Dollar

Occidental Petroleum Corporation Warrants

UBS analyst Josh Silverstein maintains Occidental Petroleum (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXY#NYSE">OXY</a>) with a Neutral and lowers the price target from $52 to $44.

News

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UBS Maintains Neutral on Occidental Petroleum, Lowers Price Target to $44

WIIM

EQNR

SHEL

Shares of energy stocks are trading lower as crude oil falls to 2021 levels, following OPEC+'s decision to accelerate production hikes. The market is also grappling with fears of a recession, fueled by President Trump's recent tariff announcements and China's retaliatory measures, which have heightened concerns over global demand.

Warren Buffett&#8216;s Berkshire Hathaway Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NASDAQ">BRK</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NASDAQ">BRK</a>) has outperformed the losses in the S&amp;P 500, while the &#8216;Oracle of Omaha&#8217; has emerged as the only top 10 billionaire to <a href="https://www.benzinga.com/tech/25/04/44658417/warren-buffett-stands-tall-in-2025-as-elon-musk-jeff-bezos-and-mark-zuckerberg-bleed-billions-in-net-worth-oracle-of-omaha-emerges-as-lone-gainer-among-top-billionaires-amid-market-rout">see a net worth gain</a> on a year-to-date basis in 2025.
What Happened: Shares of Berkshire Hathaway&#8217;s class B shares have risen by 9.41% in 2025, being one of the only few S&amp;P 500 components that are still in the green amid the ongoing market selloff. The S&amp;P 500 index, on the other hand, has fallen 13.54% on a year-to-date basis.
While, has been a flurry of speculations over the company&#8217;s cash pile, having the liquid form of dollars has helped the company avert losses amid President Donald Trump&#8216;s tariff-fueled crash on Wall Street.
Berkshire Hathaway&#8217;s cash and cash equivalents totaled a record $334.2 billion as of the end of the fourth quarter of 2024.
The firm has also added $87.81 billion in investor wealth in 2025 as its market capitalization has risen from $978.19 billion as of Dec. 31, 2024, to $1,066 billion as of Friday, April 4.
Buffett is also among the only one of the top 10 billionaires, according to Bloomberg&#8217;s Billionaire Index, to witness a <a href="https://www.benzinga.com/tech/25/04/44658417/warren-buffett-stands-tall-in-2025-as-elon-musk-jeff-bezos-and-mark-zuckerberg-bleed-billions-in-net-worth-oracle-of-omaha-emerges-as-lone-gainer-among-top-billionaires-amid-market-rout">net worth gain</a> of $12.7 billion in 2025.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Billionaires</td>
<td>Total Net Worth</td>
<td>YTD Change</td>
</tr>
<tr>
<td>Elon Musk</td>
<td>$302B</td>
<td>-$130B</td>
</tr>
<tr>
<td>Jeff Bezos</td>
<td>$193B</td>
<td>-$45.2B</td>
</tr>
<tr>
<td>Mark Zuckerberg</td>
<td>$179B</td>
<td>-$28.1B</td>
</tr>
<tr>
<td>Bernard Arnault</td>
<td>$158B</td>
<td>-$18.6B</td>
</tr>
<tr>
<td>Bill Gates</td>
<td>$155B</td>
<td>-$3.38B</td>
</tr>
<tr>
<td>Warren Buffett</td>
<td>$155B</td>
<td>$12.7B</td>
</tr>
<tr>
<td>Larry Ellison</td>
<td>$150B</td>
<td>-$42.1B</td>
</tr>
<tr>
<td>Larry Page</td>
<td>$134B</td>
<td>-$34.6B</td>
</tr>
<tr>
<td>Steve Ballmer</td>
<td>$127B</td>
<td>-$19.5B</td>
</tr>
<tr>
<td>Sergey Brin</td>
<td>$126B</td>
<td>-$32.3B</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Source: Bloomberg Billionaire Index</figcaption></figure>
See Also: <a href="https://www.benzinga.com/general/market-summary/25/04/44660779/sp-500-dow-jones-on-course-to-mimic-rare-consecutive-losses-not-seen-since-the-great-depression-whats-driving-the-fear">S&amp;P 500, Dow Jones On Course To Mimic Rare Consecutive Losses Not Seen Since The Great Depression: What&#8217;s Driving the Fear?</a>
Why It Matters: While Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) is the largest part of Berkshire&#8217;s portfolio, it is well diversified across manufacturing, energy, and retail businesses.
American Express Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXP#NYSE">AXP</a>), Bank of America Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>), Coca-Cola Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KO#NYSE">KO</a>), Chevron Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVX#NYSE">CVX</a>), and Occidental Petroleum Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXY#NYSE">OXY</a>) are a few of the other top holdings of the firm.
Berkshire is also one of the few firms that is trading above its 200-day simple moving average of $462.38 apiece. With a relative strength index of 38.2, it is in the neutral zone.
Its MACD line of +4.51 showed that its 12-period exponential moving average is above the 26-period EMA, indicating a bullish trend. However, the histogram was negative at -4.81, meaning that the MACD line was falling further below the signal line. This depicts that the bearish momentum is increasing amid the bullish trend.
<figure class="wp-block-image size-large"><a href="https://pro.benzinga.com/dashboard"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/07081432/brk-B-TECH-CHART-1024x576.png" alt="" class="wp-image-859785" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/07081432/brk-B-TECH-CHART-1024x576.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/07081432/brk-B-TECH-CHART-300x169.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/07081432/brk-B-TECH-CHART-768x432.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/07081432/brk-B-TECH-CHART-1536x864.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/07081432/brk-B-TECH-CHART.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Benzinga Edge Stock Rankings indicate Berkshire has a negative price trend over the short term but a positive trend over the long and medium term. Its momentum ranking was solid at the 88.06th percentile, and its value ranking was also stronger. Further fundamental details about the growth rankings are <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">available here</a>. 
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/report/BRK.B"><img loading="lazy" decoding="async" width="718" height="127" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/07081412/BRK-edge-rankings.png" alt="" class="wp-image-859782" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/07081412/BRK-edge-rankings.png 718w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/07081412/BRK-edge-rankings-300x53.png 300w" sizes="(max-width: 718px) 100vw, 718px" /></a></figure>
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, declined in premarket on Monday. The SPY was down 2.10% to $494.66, while the QQQ declined 2.24% to $413.21, according to<a href="https://pro.benzinga.com/dashboard"> Benzinga Pro</a> data.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/government/regulations/25/04/44662730/bill-ackman-slams-commerce-secretary-lutnick-for-ignoring-stock-market-crash-he-and-cantor-are-long-bonds">Bill Ackman Slams Commerce Secretary Howard Lutnick For Ignoring Stock Market Crash: &#8216;He And Cantor Are Long Bonds&#8217;</a></li>
</ul>
Image via Shutterstock

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General

AAPL

Warren Buffett's Berkshire Hathaway Unfazed By Trump Tariff-Triggered Market Selloff: Shares Up 9.41% YTD, Adding $87.81 Billion In Investor Wealth In 2025

FANG

Shares of energy stocks are trading lower as oil prices fall after OPEC+ producers accelerated output hikes. Additionally, President Trump's recent tariff announcements and China's retaliatory tariffs on the US have driven further demand uncertainty.

ACDC

CGBS

CIVI

Shares of energy companies are trading lower as markets react to President Trump's announcement of sweeping tariffs.

Investors with a lot of money to spend have taken a bullish stance on Occidental Petroleum (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXY#NYSE">OXY</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with OXY, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://www.benzinga.com/pro/">Benzinga</a>'s options scanner spotted 16 uncommon options trades for Occidental Petroleum.
This isn't normal.
The overall sentiment of these big-money traders is split between 56% bullish and 31%, bearish.
Out of all of the special options we uncovered, 9 are puts, for a total amount of $561,053, and 7 are calls, for a total amount of $655,950.
<h3>Predicted Price Range</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $37.5 to $70.0 for Occidental Petroleum over the recent three months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
In today's trading context, the average open interest for options of Occidental Petroleum stands at 3372.07, with a total volume reaching 8,988.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Occidental Petroleum, situated within the strike price corridor from $37.5 to $70.0, throughout the last 30 days.
<h3>Occidental Petroleum Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1743692495_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>OXY</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/19/25</td>
<td>$2.75</td>
<td>$2.74</td>
<td>$2.74</td>
<td>$50.00</td>
<td>$274.6K</td>
<td>2.8K</td>
<td>1.0K</td>
</tr>
<tr>
<td>OXY</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$4.2</td>
<td>$3.4</td>
<td>$3.95</td>
<td>$50.00</td>
<td>$197.5K</td>
<td>6.6K</td>
<td>500</td>
</tr>
<tr>
<td>OXY</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/15/25</td>
<td>$3.15</td>
<td>$3.05</td>
<td>$3.05</td>
<td>$45.00</td>
<td>$152.5K</td>
<td>1.9K</td>
<td>547</td>
</tr>
<tr>
<td>OXY</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$4.0</td>
<td>$3.85</td>
<td>$3.85</td>
<td>$47.50</td>
<td>$109.3K</td>
<td>4.7K</td>
<td>6</td>
</tr>
<tr>
<td>OXY</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$2.13</td>
<td>$1.82</td>
<td>$2.05</td>
<td>$40.00</td>
<td>$102.5K</td>
<td>9.7K</td>
<td>501</td>
</tr>
</tbody>
</table>

<h3>About Occidental Petroleum</h3>
Occidental Petroleum is an independent exploration and production company with operations in the United States, Latin America, and the Middle East. At the end of 2023, the company reported net proved reserves of nearly 4 billion barrels of oil equivalent. Net production averaged 1,327 thousand barrels of oil equivalent per day in 2024 at a ratio of roughly 50% oil and natural gas liquids and 50% natural gas.
In light of the recent options history for Occidental Petroleum, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Current Position of Occidental Petroleum</h3>
<ul>
<li>Currently trading with a volume of 5,073,250, the OXY's price is down by -8.25%, now at $45.26. </li>
<li>RSI readings suggest the stock is currently is currently neutral between overbought and oversold.</li>
<li>Anticipated earnings release is in 34 days.</li>
</ul>
<h3>What The Experts Say On Occidental Petroleum</h3>
5 market experts have recently issued ratings for this stock, with a consensus target price of $55.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage">Click here for access</a>. 
&#x2A; An analyst from JP Morgan has decided to maintain their Neutral rating on Occidental Petroleum, which currently sits at a price target of $52. 
&#x2A; Consistent in their evaluation, an analyst from Morgan Stanley keeps a Overweight rating on Occidental Petroleum with a target price of $58. 
&#x2A; Maintaining their stance, an analyst from Piper Sandler continues to hold a Neutral rating for Occidental Petroleum, targeting a price of $50. 
&#x2A; Maintaining their stance, an analyst from Citigroup continues to hold a Neutral rating for Occidental Petroleum, targeting a price of $51. 
&#x2A; Reflecting concerns, an analyst from Raymond James lowers its rating to Outperform with a new price target of $64.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Occidental Petroleum with <a href="https://www.benzinga.com/pro/">Benzinga Pro</a> for real-time alerts.

Options

Occidental Petroleum Unusual Options Activity

Occidental Petroleum (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXY#NYSE">OXY</a>) has outperformed the market over the past 5 years by 13.43% on an annualized basis producing an average annual return of 29.63%. Currently, Occidental Petroleum has a market capitalization of $46.23 billion. 
Buying $100 In OXY: If an investor had bought $100 of OXY stock 5 years ago, it would be worth $378.38 today based on a price of $49.19 for OXY at the time of writing.
<h3>Occidental Petroleum's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1743543909_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much You Would Have Made Owning Occidental Petroleum Stock In The Last 5 Years

Investors with a lot of money to spend have taken a bullish stance on Occidental Petroleum (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXY#NYSE">OXY</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with OXY, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://www.benzinga.com/pro/">Benzinga</a>'s options scanner spotted 9 uncommon options trades for Occidental Petroleum.
This isn't normal.
The overall sentiment of these big-money traders is split between 44% bullish and 33%, bearish.
Out of all of the special options we uncovered, 3 are puts, for a total amount of $344,322, and 6 are calls, for a total amount of $288,910.
<h3>Predicted Price Range</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $40.0 to $75.0 for Occidental Petroleum over the last 3 months. 
<h3>Insights into Volume &amp; Open Interest</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Occidental Petroleum's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Occidental Petroleum's significant trades, within a strike price range of $40.0 to $75.0, over the past month.
<h3>Occidental Petroleum Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1743439537_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>OXY</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/18/26</td>
<td>$2.83</td>
<td>$2.75</td>
<td>$2.83</td>
<td>$42.50</td>
<td>$174.3K</td>
<td>2.9K</td>
<td align="right">616</td>
</tr>
<tr>
<td>OXY</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/18/26</td>
<td>$2.17</td>
<td>$2.09</td>
<td>$2.17</td>
<td>$40.00</td>
<td>$142.7K</td>
<td>829</td>
<td align="right">658</td>
</tr>
<tr>
<td>OXY</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/18/26</td>
<td>$2.14</td>
<td>$2.07</td>
<td>$2.14</td>
<td>$65.00</td>
<td>$86.2K</td>
<td>176</td>
<td align="right">403</td>
</tr>
<tr>
<td>OXY</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>03/20/26</td>
<td>$6.05</td>
<td>$6.0</td>
<td>$6.05</td>
<td>$50.00</td>
<td>$60.5K</td>
<td>1.3K</td>
<td align="right">101</td>
</tr>
<tr>
<td>OXY</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$4.3</td>
<td>$4.2</td>
<td>$4.25</td>
<td>$52.50</td>
<td>$45.9K</td>
<td>5.8K</td>
<td align="right">123</td>
</tr>
</tbody>
</table>

<h3>About Occidental Petroleum</h3>
Occidental Petroleum is an independent exploration and production company with operations in the United States, Latin America, and the Middle East. At the end of 2023, the company reported net proved reserves of nearly 4 billion barrels of oil equivalent. Net production averaged 1,327 thousand barrels of oil equivalent per day in 2024 at a ratio of roughly 50% oil and natural gas liquids and 50% natural gas.
Having examined the options trading patterns of Occidental Petroleum, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Current Position of Occidental Petroleum</h3>
<ul>
<li>With a volume of 3,998,828, the price of OXY is up 1.33% at $49.48. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 36 days.</li>
</ul>
<h3>Expert Opinions on Occidental Petroleum</h3>
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $55.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage">Click here for access</a>. 
&#x2A; An analyst from JP Morgan persists with their Neutral rating on Occidental Petroleum, maintaining a target price of $52. 
&#x2A; Consistent in their evaluation, an analyst from Piper Sandler keeps a Neutral rating on Occidental Petroleum with a target price of $50. 
&#x2A; Maintaining their stance, an analyst from Morgan Stanley continues to hold a Overweight rating for Occidental Petroleum, targeting a price of $58. 
&#x2A; An analyst from Citigroup persists with their Neutral rating on Occidental Petroleum, maintaining a target price of $51. 
&#x2A; An analyst from Raymond James has revised its rating downward to Outperform, adjusting the price target to $64. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Occidental Petroleum with <a href="https://www.benzinga.com/pro/">Benzinga Pro</a> for real-time alerts.

Occidental Petroleum's Options Frenzy: What You Need to Know

Morgan Stanley analyst Devin McDermott maintains Occidental Petroleum (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXY#NYSE">OXY</a>) with a Overweight and lowers the price target from $63 to $58.

Morgan Stanley Maintains Overweight on Occidental Petroleum, Lowers Price Target to $58

Investors with a lot of money to spend have taken a bearish stance on Occidental Petroleum (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXY#NYSE">OXY</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with OXY, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://www.benzinga.com/pro/">Benzinga</a>'s options scanner spotted 13 uncommon options trades for Occidental Petroleum.
This isn't normal.
The overall sentiment of these big-money traders is split between 30% bullish and 61%, bearish.
Out of all of the special options we uncovered, 6 are puts, for a total amount of $371,768, and 7 are calls, for a total amount of $408,599.
<h3>Projected Price Targets</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $40.0 to $57.5 for Occidental Petroleum over the recent three months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Occidental Petroleum's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Occidental Petroleum's substantial trades, within a strike price spectrum from $40.0 to $57.5 over the preceding 30 days.
<h3>Occidental Petroleum Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1743087907_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>OXY</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$11.65</td>
<td>$11.55</td>
<td>$11.56</td>
<td>$40.00</td>
<td>$104.0K</td>
<td>1.3K</td>
<td align="right">0</td>
</tr>
<tr>
<td>OXY</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/15/27</td>
<td>$4.4</td>
<td>$4.35</td>
<td>$4.4</td>
<td>$45.00</td>
<td>$88.0K</td>
<td>3.5K</td>
<td align="right">600</td>
</tr>
<tr>
<td>OXY</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/15/27</td>
<td>$4.4</td>
<td>$4.35</td>
<td>$4.35</td>
<td>$45.00</td>
<td>$87.9K</td>
<td>3.5K</td>
<td align="right">200</td>
</tr>
<tr>
<td>OXY</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>01/15/27</td>
<td>$4.35</td>
<td>$4.25</td>
<td>$4.35</td>
<td>$45.00</td>
<td>$86.9K</td>
<td>3.5K</td>
<td align="right">400</td>
</tr>
<tr>
<td>OXY</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/20/26</td>
<td>$4.75</td>
<td>$4.65</td>
<td>$4.65</td>
<td>$52.50</td>
<td>$82.7K</td>
<td>873</td>
<td align="right">132</td>
</tr>
</tbody>
</table>

<h3>About Occidental Petroleum</h3>
Occidental Petroleum is an independent exploration and production company with operations in the United States, Latin America, and the Middle East. At the end of 2023, the company reported net proved reserves of nearly 4 billion barrels of oil equivalent. Net production averaged 1,327 thousand barrels of oil equivalent per day in 2024 at a ratio of roughly 50% oil and natural gas liquids and 50% natural gas.
In light of the recent options history for Occidental Petroleum, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Where Is Occidental Petroleum Standing Right Now?</h3>
<ul>
<li>Trading volume stands at 2,623,254, with OXY's price up by 0.82%, positioned at $50.16.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 40 days.</li>
</ul>
<h3>Expert Opinions on Occidental Petroleum</h3>
4 market experts have recently issued ratings for this stock, with a consensus target price of $54.25.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage">Click here for access</a>. 
&#x2A; An analyst from Raymond James has revised its rating downward to Outperform, adjusting the price target to $64. 
&#x2A; Maintaining their stance, an analyst from Piper Sandler continues to hold a Neutral rating for Occidental Petroleum, targeting a price of $50. 
&#x2A; Consistent in their evaluation, an analyst from Citigroup keeps a Neutral rating on Occidental Petroleum with a target price of $51. 
&#x2A; Maintaining their stance, an analyst from JP Morgan continues to hold a Neutral rating for Occidental Petroleum, targeting a price of $52. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Occidental Petroleum options trades with real-time alerts from <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.

Occidental Petroleum Unusual Options Activity For March 27

Investors with a lot of money to spend have taken a bearish stance on Occidental Petroleum (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXY#NYSE">OXY</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with OXY, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://www.benzinga.com/pro/">Benzinga</a>'s options scanner spotted 13 uncommon options trades for Occidental Petroleum.
This isn't normal.
The overall sentiment of these big-money traders is split between 38% bullish and 46%, bearish.
Out of all of the special options we uncovered, 9 are puts, for a total amount of $669,352, and 4 are calls, for a total amount of $254,961.
<h3>What's The Price Target?</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $37.5 and $65.0 for Occidental Petroleum, spanning the last three months.
<h3>Insights into Volume &amp; Open Interest</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Occidental Petroleum's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Occidental Petroleum's substantial trades, within a strike price spectrum from $37.5 to $65.0 over the preceding 30 days.
<h3>Occidental Petroleum Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1742322636_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>OXY</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/18/26</td>
<td>$4.55</td>
<td>$4.4</td>
<td>$4.49</td>
<td>$45.00</td>
<td>$269.4K</td>
<td>264</td>
<td align="right">0</td>
</tr>
<tr>
<td>OXY</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/19/25</td>
<td>$3.35</td>
<td>$3.3</td>
<td>$3.3</td>
<td>$50.00</td>
<td>$165.0K</td>
<td>2.4K</td>
<td align="right">500</td>
</tr>
<tr>
<td>OXY</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$3.3</td>
<td>$3.2</td>
<td>$3.25</td>
<td>$50.00</td>
<td>$101.0K</td>
<td>1.2K</td>
<td align="right">288</td>
</tr>
<tr>
<td>OXY</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/18/26</td>
<td>$6.9</td>
<td>$6.8</td>
<td>$6.8</td>
<td>$50.00</td>
<td>$78.2K</td>
<td>147</td>
<td align="right">2</td>
</tr>
<tr>
<td>OXY</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$17.55</td>
<td>$17.4</td>
<td>$17.44</td>
<td>$65.00</td>
<td>$43.6K</td>
<td>525</td>
<td align="right">90</td>
</tr>
</tbody>
</table>

<h3>About Occidental Petroleum</h3>
Occidental Petroleum is an independent exploration and production company with operations in the United States, Latin America, and the Middle East. At the end of 2023, the company reported net proved reserves of nearly 4 billion barrels of oil equivalent. Net production averaged 1,327 thousand barrels of oil equivalent per day in 2024 at a ratio of roughly 50% oil and natural gas liquids and 50% natural gas.
Following our analysis of the options activities associated with Occidental Petroleum, we pivot to a closer look at the company's own performance.
<h3>Where Is Occidental Petroleum Standing Right Now?</h3>
<ul>
<li>With a trading volume of 3,826,662, the price of OXY is up by 0.78%, reaching $47.63.</li>
<li>Current RSI values indicate that the stock is is currently neutral between overbought and oversold.</li>
<li>Next earnings report is scheduled for 49 days from now.</li>
</ul>
<h3>Expert Opinions on Occidental Petroleum</h3>
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $54.8.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage">Click here for access</a>. 
&#x2A; An analyst from JP Morgan has decided to maintain their Neutral rating on Occidental Petroleum, which currently sits at a price target of $52. 
&#x2A; An analyst from UBS persists with their Neutral rating on Occidental Petroleum, maintaining a target price of $56. 
&#x2A; An analyst from Piper Sandler has decided to maintain their Neutral rating on Occidental Petroleum, which currently sits at a price target of $50. 
&#x2A; An analyst from Wells Fargo has decided to maintain their Equal-Weight rating on Occidental Petroleum, which currently sits at a price target of $52. 
&#x2A; An analyst from Raymond James has revised its rating downward to Outperform, adjusting the price target to $64. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Occidental Petroleum, <a href="https://www.benzinga.com/pro/">Benzinga Pro</a> gives you real-time options trades alerts.

Spotlight on Occidental Petroleum: Analyzing the Surge in Options Activity

Citigroup analyst Scott Gruber maintains Occidental Petroleum (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXY#NYSE">OXY</a>) with a Neutral and lowers the price target from $56 to $51.

Citigroup Maintains Neutral on Occidental Petroleum, Lowers Price Target to $51

Investors with a lot of money to spend have taken a bearish stance on Occidental Petroleum (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXY#NYSE">OXY</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with OXY, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://www.benzinga.com/pro/">Benzinga</a>'s options scanner spotted 13 uncommon options trades for Occidental Petroleum.
This isn't normal.
The overall sentiment of these big-money traders is split between 30% bullish and 46%, bearish.
Out of all of the special options we uncovered, 11 are puts, for a total amount of $549,965, and 2 are calls, for a total amount of $211,500.
<h3>Predicted Price Range</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $27.5 to $67.5 for Occidental Petroleum over the recent three months. 
<h3>Volume &amp; Open Interest Trends</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Occidental Petroleum's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Occidental Petroleum's whale activity within a strike price range from $27.5 to $67.5 in the last 30 days. 
<h3>Occidental Petroleum Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1742222780_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>OXY</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$1.11</td>
<td>$1.1</td>
<td>$1.11</td>
<td>$42.50</td>
<td>$142.8K</td>
<td>5.6K</td>
<td>1.3K</td>
</tr>
<tr>
<td>OXY</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/18/26</td>
<td>$21.45</td>
<td>$21.0</td>
<td>$21.3</td>
<td>$27.50</td>
<td>$106.5K</td>
<td>106</td>
<td>50</td>
</tr>
<tr>
<td>OXY</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/18/26</td>
<td>$21.3</td>
<td>$20.95</td>
<td>$21.0</td>
<td>$27.50</td>
<td>$105.0K</td>
<td>106</td>
<td>100</td>
</tr>
<tr>
<td>OXY</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$1.11</td>
<td>$1.07</td>
<td>$1.11</td>
<td>$42.50</td>
<td>$88.8K</td>
<td>5.6K</td>
<td>2.1K</td>
</tr>
<tr>
<td>OXY</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>06/20/25</td>
<td>$20.5</td>
<td>$20.35</td>
<td>$20.43</td>
<td>$67.50</td>
<td>$42.9K</td>
<td>1.0K</td>
<td>123</td>
</tr>
</tbody>
</table>

<h3>About Occidental Petroleum</h3>
Occidental Petroleum is an independent exploration and production company with operations in the United States, Latin America, and the Middle East. At the end of 2023, the company reported net proved reserves of nearly 4 billion barrels of oil equivalent. Net production averaged 1,327 thousand barrels of oil equivalent per day in 2024 at a ratio of roughly 50% oil and natural gas liquids and 50% natural gas.
<h3>Occidental Petroleum's Current Market Status</h3>
<ul>
<li>With a volume of 1,683,355, the price of OXY is down -0.06% at $46.5. </li>
<li>RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.</li>
<li>Next earnings are expected to be released in 50 days.</li>
</ul>
<h3>What Analysts Are Saying About Occidental Petroleum</h3>
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $58.6.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage">Click here for access</a>. 
&#x2A; An analyst from Piper Sandler persists with their Neutral rating on Occidental Petroleum, maintaining a target price of $50. 
&#x2A; In a cautious move, an analyst from Raymond James downgraded its rating to Outperform, setting a price target of $64. 
&#x2A; Maintaining their stance, an analyst from UBS continues to hold a Neutral rating for Occidental Petroleum, targeting a price of $56. 
&#x2A; Consistent in their evaluation, an analyst from JP Morgan keeps a Neutral rating on Occidental Petroleum with a target price of $52. 
&#x2A; In a cautious move, an analyst from Stephens &amp; Co. downgraded its rating to Overweight, setting a price target of $71. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Occidental Petroleum options trades with real-time alerts from <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.

JP Morgan analyst John Royall maintains Occidental Petroleum (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXY#NYSE">OXY</a>) with a Neutral and lowers the price target from $59 to $52.

JP Morgan Maintains Neutral on Occidental Petroleum, Lowers Price Target to $52

Having a falling stock market isn't enough.
Apparently, several commodity sectors, most notably crude oil, have decided to get in on the action as well. Oil prices have been dropping sharply over the past week, caught in the whirlwind of turmoil, drama, and just a whole mess of market-rocking stories.
Crude oil is trading on the expectation of a weakening U.S. economy, and that is absolutely a possibility. The markets are growing increasingly anxious about stagflation creeping into the United States.
Will it happen? Maybe, maybe not—but it's on the table.
&nbsp;Inflationary pressures, particularly from tariffs, are adding fuel to the fire.
&nbsp;Just ask the big three car manufacturers: if those Canadian tariffs had stayed in place, car prices in the U.S. would have skyrocketed by 25%, punishing not the folks we imposed the tariff on, but American consumers.
Tariffs tend to restrict global trade, and when you factor in the potential for mass layoffs in government sectors, you start getting a picture of an economy slowing down, even as inflation remains sticky.
That's the textbook definition of stagflation, and it's not exactly great for oil and gas demand.
The United States has been one of the primary drivers of oil and gas demand, despite some, shall we say, moderately to completely misguided policies of the previous administration when it came to energy.
Meanwhile, President Trump keeps touting his &#8220;Drill, baby, drill&#8221; strategy, promising a surge in production.
&nbsp;But here's the thing: he forgot to mention how exactly he's going to convince oil companies to abandon fiscal responsibility and ramp up production, thereby lowering commodity prices and hurting their own bottom line.
&nbsp;It doesn't quite add up.
All this uncertainty? It's hitting oil and gas stocks hard.
&nbsp;Take the VanEck Oil Services ETF, down 17% over the past year and already off another 8% this year.
&nbsp;Clearly, the market thinks nobody's ever going to work in the oil and gas patch again.
Here is &nbsp;where things get interesting. The oil services industry is ripe for consolidation, and we're going to see more of it in the months ahead.
Expect increased activist activity as well. This is something &nbsp;we will keep a close eye on.
The (Ticker: XLE) is basically flat on the year so far, but we're well off December highs of nearly $98, now trading around $86.
So, oil and gas has been in a bit of a mini bear market. It's not a full-blown oil panic just yet, but we can't rule that out either.
Of course, OPEC+ decided they wanted a piece of the action.
&nbsp;Last week, they announced an increase in oil production, the first in several years.
For a while, they had been cutting production to keep prices elevated in the aftermath of COVID and the global slowdown.
But with economic weakness persisting in Europe and China, they decided it was time to open the taps.
Speaking of China, they wrapped up their latest high-profile economic meeting, the so-called Two Sessions, and they're targeting 5% growth this year.
&nbsp;Sounds great, right?
But with their ongoing real estate crisis and internal economic difficulties, hitting that number is no sure bet. The potential for continued weak Chinese oil demand is adding more uncertainty to the global picture.
What happens if a peace agreement is reached in Ukraine? Russian oil and gas restrictions could be lifted, which would bring even more supply onto the market.
Most of that would likely flow to China, further reducing the need for imports from Western and Middle Eastern producers.
That, my friends, is yet another factor weighing on oil prices.
But despite all this bearishness, don't forget that crude oil demand is still on the rise.
We may be in the doldrums now, but long-term, supply and demand dynamics are still positive.
That said, the U.S. is not in &#8220;drill, baby, drill&#8221; mode. Oil production growth slowed significantly last year, marking one of the smallest increases in years.
While natural gas production remains strong, there's been no serious bearish talk about gas prices.
Now, here's where it gets really messy: refining.
The U.S. refining industry is built to process heavy crude. We spent decades importing it, so we set up refineries along the Gulf Coast and in California to handle the heavy, sulfur-rich stuff.
Guess what?
We're now one&nbsp; of the world's top producers of light, sweet crude, and our refining infrastructure just isn't designed for it.
Converting a refinery to handle light crude costs hundreds of millions, potentially billions—of dollars, and getting the permits to build a new one?
&nbsp;Forget it. The only thing harder than getting a new refinery approved is getting a nuclear power plant built.
Between federal, state, and local governments, plus the inevitable backlash from environmental and citizen groups, new refining capacity is a distant dream.
Most of our imported crude comes from three places: Mexico, Venezuela, and Canada. And yet, we're either not trading with them or actively engaged in trade disputes. Venezuela's output just took a hit as the Trump administration gave Chevron a 30-day notice to shut down all Venezuelan crude operations. That's 50,000 barrels a day—gone. And with Venezuela still under heavy restrictions, that oil isn't coming back anytime soon.
So, what does this all mean for crude prices? More near-term weakness, probably.
Longer-term, the fundamentals point to higher prices.
We've still got tension in the Middle East, and Ukraine-Russia negotiations could fall apart in an instant. In fact, just last week, Russia ramped up military activity, attacking Ukrainian energy infrastructure with drones and airstrikes.
We're not out of the woods.
Historically, insider purchases in oil and gas firms have been highly predictive of subsequent rebounds. During previous downturns such as the 2008–2009 financial crisis, the 2014–2016 oil crash, and the COVID-19 collapse in early 2020, insiders stepped up their buying, signaling confidence in the long-term fundamentals despite widespread market pessimism.
Empirical evidence backs this up. During the 2014–2016 oil crash, when crude prices plunged from ~$100 to below $30 per barrel, energy executives aggressively bought shares.
Companies like Occidental Petroleum (Ticker: OXY), Diamondback Energy (Ticker: FANG), and Pioneer Natural Resources later posted double-digit annualized returns from 2016–2018.
A similar pattern emerged in 2020, when oil briefly went negative—insiders at companies like Apache (Ticker: APA), Devon Energy (Ticker: DNV), and ExxonMobil (Ticker: XOM) made significant purchases, and their stocks multiplied several-fold over the next 12–18 months.
We are starting to see that kind of insider activity in the oilpatch once again
&nbsp;Over at Permian Resources (Ticker: PR), board member William J. Quinn just bought 750,000 shares or$9.5 million worth. Quinn also picked up 300,000 shares last September.
Permian Resources is the biggest operator in the Delaware Basin and has been on a buying spree. They picked up Earthstone in 2023, financed entirely with equity, and expect to add over $225 million in annual cost savings. They have $2.5 billion in liquidity, and their debt was just upgraded by Moody's, S&amp;P, and Fitch.
The stock is trading under book value and at a single-digit P/E. That's the kind of setup we like.
Meanwhile, Dorchester Minerals (Ticker: DMLP), one of my favorite royalty trusts, is seeing insider buying. CEO Bradley Ehrman just added to his stake, and the Dorchester Minerals Operating Company has been steadily buying shares.
This trust collects royalties on oil and gas production, with no operational costs. The dividend yield should end up around 10% this year.
Northern Oil and Gas (Ticker: NOG) has also seen a shift.
&nbsp;For most of the last year insiders were selling&nbsp; small amounts of stock.
That changed last week. Directors Bahram Akhradi and Stuart Lasher just bought over $1.6 million worth of stock.
The stock is down to $27.88 from last year's high of $44.
With 11,000 wells across top basins, a focus on free cash flow, and a 6.5% dividend yield, this is another one that looks positioned for an eventual rebound.
Oil stocks have taken a beating.
But if you follow the insiders, they're telling you something: prices have fallen too far. And when oil bounces back—and it will—these companies are set up to win.

Opinion

DMLP

Alpha Buying: Navigating the Complex Future of Oil Under Trump's Policy Push

On CNBC's &#8220;Mad Money Lightning Round,&#8221; Jim Cramer said Arthur J. Gallagher &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AJG#NYSE">AJG</a>) is just a &#8220;solid&#8221; company. &#8220;Sometimes stocks are just kind of just quietly going up, and that's <a href="https://www.benzinga.com/quote/AJG">one of them,&#8221; he added.</a>
As per the recent news, Arthur J. Gallagher, on Monday, announced it has acquired the remaining shares of Philippines-based Philpacific Insurance Brokers &amp; Managers, Inc., or Philinsure.
&#8220;I'm not going to repeat my bullishness on it. Would be a mistake,&#8221; Cramer said when asked about Nu Holdings Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NU#NYSE">NU</a>).
As per the recent earnings report, Nu, on Feb. 20, said it added 4.5 million customers in the fourth quarter, bringing total global customers up to 114.2 million as of Dec. 31, up 22% year-over-year.
Waste Management, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WM#NYSE">WM</a>) is &#8220;fantastic,&#8221; the Mad Money host said.
Supporting his view, CIBC, on March 5, raised the price target on the stock from $227 to $247.
When asked about fuboTV Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FUBO#NYSE">FUBO</a>), he said, &#8220;I'm going to have to say ix-nay.&#8221;
On Feb. 28, FuboTV reported earnings for the fourth quarter of 2024. Revenue of the sports-first live TV streaming platform grew 8.1% year over year to $443.277 million, marginally missing the analyst consensus estimate of $445.798 million.
AllianceBernstein Holding L.P. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AB#NYSE">AB</a>) is just a &#8220;great&#8221; company, Cramer said, &#8220;All systems go there.&#8221;
On Feb. 24, Equitable Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQH#NYSE">EQH</a>) announced a cash tender offer for up to 46 million units of AllianceBernstein at $38.50 per unit.
Occidental Petroleum Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXY#NYSE">OXY</a>) has &#8220;got a lot of debt, and it's just not that great,&#8221; Cramer said, &#8220;Get a better oil.&#8221;
Supporting his view, Raymond James analyst John Freeman, on Monday, downgraded Occidental Petroleum from Strong Buy to Outperform and lowered the price target from $81 to $64.
Cramer said he needs to do some work on Western Digital Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDC#NASDAQ">WDC</a>).
Cantor Fitzgerald analyst Matthew Prisco, on March 7, maintained Western Digital with an Overweight rating and lowered the price target from $95 to $65.
When asked about Applied Materials, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMAT#NASDAQ">AMAT</a>), he said, &#8220;I've got to tell you, capital equipment is so tied up with China that I can't just get behind it anymore, even though I love these companies.&#8221;
On Monday, Applied Materials announced that its board of directors had approved a 15% increase in the quarterly cash dividend, marking eight consecutive years of higher dividends. The Board also approved a new share repurchase to buy back an additional $10 billion of its shares over time.
Price Action:
<ul>
<li>Arthur J. Gallagher shares fell 0.2% to settle at $325.08 on Wednesday.</li>
<li>Nu Holdings shares gained 2.7% to close at $10.89 during the session.</li>
<li>Waste Management shares fell 0.6% to settle at $222.86.</li>
<li>Applied Materials shares gained 1.4% to close at $149.06.</li>
<li>Fubotv shares gained 0.3% to close at $3.10 on Wednesday.</li>
<li>AllianceBernstein shares settled at $36.87.</li>
<li>Occidental Petroleum shares fell 0.4% to close at $46.10.</li>
<li>Western Digital shares rose 2.8% to close at $42.96 on Wednesday.</li>
</ul>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/25/03/44274110/top-2-industrials-stocks-that-may-collapse-in-march">Top 2 Industrials Stocks That May Collapse In March</a></li>
</ul>
Image: Shutterstock

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AMAT

FUBO

Jim Cramer: Arthur J. Gallagher Is 'Solid,' This Industrial Company Is 'Fantastic'

Occidental Petroleum Executive says If Oil Prices Fall Under $60 A Barrel, Small Shale Producers Will Pull Back On Activity

Occidental CEO Says Two-Thirds Of Its Production Is In Shale, Wants To Build Conventional Output Back Up Over Time; Believes Company Can Get Cost Of Direct Air Capture Down To Between $100 To $150 Per Ton

Occidental Petroleum Expects U.S. Oil Production To Peak In The Next 5-Years

Occidental Petroleum (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXY#NYSE">OXY</a>) has outperformed the market over the past 5 years by 11.16% on an annualized basis producing an average annual return of 27.09%. Currently, Occidental Petroleum has a market capitalization of $44.38 billion. 
Buying $100 In OXY: If an investor had bought $100 of OXY stock 5 years ago, it would be worth $397.69 today based on a price of $47.29 for OXY at the time of writing.
<h3>Occidental Petroleum's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1741622410_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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