Rep. Gilbert Ray Cisneros, Jr. Sells Off Shares of Occidental Petroleum Corporation (NYSE:OXY)

Representative Gilbert Ray Cisneros, Jr. (D-California) recently sold shares of Occidental Petroleum Corporation (NYSE:OXY). In a filing disclosed on December 15th, the Representative disclosed that they had sold between $1,001 and $15,000 in Occidental Petroleum stock on November 12th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Spotify Technology (NYSE:SPOT) on 11/26/2025.
• Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 11/26/2025.
• Purchased $1,001 – $15,000 in shares of First Watch Restaurant Group (NASDAQ:FWRG) on 11/26/2025.
• Purchased $1,001 – $15,000 in shares of TKO Group (NYSE:TKO) on 11/26/2025.
• Sold $1,001 – $15,000 in shares of RBC Bearings (NYSE:RBC) on 11/24/2025.
• Sold $1,001 – $15,000 in shares of Stifel Financial (NYSE:SF) on 11/24/2025.
• Purchased $1,001 – $15,000 in shares of Logan Energy (CVE:LGN) on 11/24/2025.
• Sold $1,001 – $15,000 in shares of Primoris Services (NASDAQ:PRIM) on 11/24/2025.
• Purchased $15,001 – $50,000 in shares of LandBridge (NYSE:LB) on 11/21/2025.
• Purchased $50,001 – $100,000 in shares of LandBridge (NYSE:LB) on 11/20/2025.

Occidental Petroleum Trading Down 0.2%

OXY traded down $0.08 on Friday, reaching $39.65. 14,370,151 shares of the company traded hands, compared to its average volume of 8,304,017. The company has a market cap of $39.06 billion, a P/E ratio of 29.15 and a beta of 0.39. The company has a quick ratio of 0.71, a current ratio of 0.94 and a debt-to-equity ratio of 0.73. Occidental Petroleum Corporation has a one year low of $34.78 and a one year high of $53.20. The firm has a fifty day simple moving average of $41.41 and a two-hundred day simple moving average of $43.68.

Occidental Petroleum (NYSE:OXY) last issued its earnings results on Monday, November 10th. The oil and gas producer reported $0.64 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.16. The business had revenue of $6.62 billion for the quarter, compared to analyst estimates of $6.66 billion. Occidental Petroleum had a net margin of 7.81% and a return on equity of 12.35%. The company’s quarterly revenue was down 6.1% compared to the same quarter last year. During the same period last year, the company posted $1.00 earnings per share. As a group, equities research analysts expect that Occidental Petroleum Corporation will post 3.58 earnings per share for the current year.

Occidental Petroleum Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Wednesday, December 10th will be paid a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Wednesday, December 10th. Occidental Petroleum’s dividend payout ratio (DPR) is currently 70.59%.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on OXY. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Occidental Petroleum in a research report on Wednesday, October 8th. Citigroup lowered their price objective on shares of Occidental Petroleum from $49.00 to $45.00 and set a “neutral” rating for the company in a research note on Wednesday, November 19th. Wells Fargo & Company cut their target price on shares of Occidental Petroleum from $42.00 to $40.00 and set an “underweight” rating on the stock in a research report on Wednesday, November 12th. Susquehanna boosted their price objective on shares of Occidental Petroleum from $54.00 to $55.00 and gave the stock a “positive” rating in a research note on Thursday, November 13th. Finally, Raymond James Financial reiterated an “outperform” rating and issued a $50.00 price target on shares of Occidental Petroleum in a report on Tuesday, November 25th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, thirteen have given a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $49.95.

Insider Transactions at Occidental Petroleum

In other Occidental Petroleum news, Director William R. Klesse acquired 5,000 shares of the firm’s stock in a transaction on Tuesday, December 16th. The stock was acquired at an average cost of $38.98 per share, for a total transaction of $194,900.00. Following the purchase, the director owned 218,913 shares in the company, valued at approximately $8,533,228.74. The trade was a 2.34% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.31% of the company’s stock.

Hedge Funds Weigh In On Occidental Petroleum

Several hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. increased its position in shares of Occidental Petroleum by 10.3% in the 2nd quarter. Vanguard Group Inc. now owns 88,504,019 shares of the oil and gas producer’s stock valued at $3,718,054,000 after acquiring an additional 8,273,030 shares during the period. Geode Capital Management LLC increased its holdings in shares of Occidental Petroleum by 22.0% in the second quarter. Geode Capital Management LLC now owns 18,089,878 shares of the oil and gas producer’s stock valued at $756,796,000 after purchasing an additional 3,267,269 shares during the period. Wellington Management Group LLP raised its stake in shares of Occidental Petroleum by 1,029.9% in the third quarter. Wellington Management Group LLP now owns 1,493,747 shares of the oil and gas producer’s stock worth $70,580,000 after purchasing an additional 1,361,541 shares during the last quarter. AQR Capital Management LLC lifted its holdings in shares of Occidental Petroleum by 134.3% during the third quarter. AQR Capital Management LLC now owns 1,815,821 shares of the oil and gas producer’s stock worth $85,798,000 after purchasing an additional 1,040,941 shares during the period. Finally, Dimensional Fund Advisors LP boosted its position in Occidental Petroleum by 11.5% in the third quarter. Dimensional Fund Advisors LP now owns 8,718,939 shares of the oil and gas producer’s stock valued at $412,045,000 after buying an additional 900,677 shares during the last quarter. Institutional investors and hedge funds own 88.70% of the company’s stock.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About Occidental Petroleum

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.