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 Price Performance

NYSE:OXY traded down $0.08 during midday trading on Friday, hitting $39.65. The company had a trading volume of 14,370,151 shares, compared to its average volume of 8,304,017. The stock’s fifty day moving average price is $41.41 and its 200-day moving average price is $43.68. Occidental Petroleum Corporation has a 52-week low of $34.78 and a 52-week high of $53.20. 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 company has a market capitalization of $39.06 billion, a PE ratio of 29.15 and a beta of 0.39.

Occidental Petroleum (NYSE:OXY) last issued its quarterly earnings results on Monday, November 10th. The oil and gas producer reported $0.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.16. The firm had revenue of $6.62 billion during the quarter, compared to analyst estimates of $6.66 billion. Occidental Petroleum had a return on equity of 12.35% and a net margin of 7.81%.The company’s revenue was down 6.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.00 earnings per share. As a group, 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 disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Wednesday, December 10th will be issued a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Wednesday, December 10th. Occidental Petroleum’s payout ratio is currently 70.59%.

Analyst Ratings Changes

A number of research analysts have commented on OXY shares. Bank of America reduced their price target on shares of Occidental Petroleum from $45.00 to $44.00 and set a “neutral” rating on the stock in a research report on Thursday, December 11th. Roth Capital lifted their target price on shares of Occidental Petroleum from $45.00 to $46.00 and gave the stock a “neutral” rating in a research report on Thursday, October 2nd. Scotiabank upped their price target on shares of Occidental Petroleum from $45.00 to $47.00 and gave the company a “sector perform” rating in a research report on Thursday, October 9th. Weiss Ratings reissued a “hold (c-)” rating on shares of Occidental Petroleum in a research note on Wednesday, October 8th. Finally, Citigroup reduced their price target on Occidental Petroleum from $49.00 to $45.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 19th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, thirteen have issued a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat, Occidental Petroleum presently has an average rating of “Hold” and an average target price of $49.95.

Insider Activity at Occidental Petroleum

In other news, Director William R. Klesse acquired 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 16th. The stock was purchased at an average price of $38.98 per share, with a total value of $194,900.00. Following the purchase, the director owned 218,913 shares of the company’s stock, valued at approximately $8,533,228.74. This trade represents a 2.34% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 0.31% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Caitong International Asset Management Co. Ltd bought a new stake in shares of Occidental Petroleum during the 1st quarter worth $39,000. Horizon Investments LLC boosted its position in shares of Occidental Petroleum by 5.4% in the 1st quarter. Horizon Investments LLC now owns 11,815 shares of the oil and gas producer’s stock valued at $583,000 after purchasing an additional 607 shares during the period. Aberdeen Group plc increased its stake in Occidental Petroleum by 134.6% in the 1st quarter. Aberdeen Group plc now owns 700,412 shares of the oil and gas producer’s stock worth $34,646,000 after purchasing an additional 401,918 shares in the last quarter. Ethic Inc. lifted its stake in Occidental Petroleum by 5.5% during the first quarter. Ethic Inc. now owns 12,302 shares of the oil and gas producer’s stock valued at $605,000 after buying an additional 639 shares in the last quarter. Finally, State of New Jersey Common Pension Fund D boosted its holdings in shares of Occidental Petroleum by 1.7% in the first quarter. State of New Jersey Common Pension Fund D now owns 236,583 shares of the oil and gas producer’s stock worth $11,678,000 after buying an additional 3,850 shares during the period. 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.