OXYOXYEnergy · Oil & Gas E&P

OXY Stock Forecast: Occidental Petroleum Corp. Price Predictions for 2026-2027

Last close, 5 Oct 2026
$58
+0.40% on the day

The 26 Wall Street analysts covering Occidental Petroleum Corp. hold a median 12-month price target of $69 — +18.3% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 78 of 100 as at 3 Oct 2026 — inside the top quartile. Here, the model and the Street point the same way.

Market cap
$58.1B
Ticker Nerd rank
78 / 100
Median analyst target
$69
Analysts covering
26
Revenue$8.1B+25.7% y/y
Operating income$3.7B
Net income$3.0B
Free cash flow$2.7B
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
+3.9%
1M
−2.4%
YTD
+43.8%
1Y
+32.6%
From 52W high
−11.2%
From 52W low
+51.9%
$38
$66
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

OXY stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Occidental Petroleum Corp. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 3 Oct 2026
78 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Accruals
84
Issuance
83
Volatility
80
Revisions
78
Momentum
74
Quality
57
Value
54
Growth
49
Size
5

Accruals (84): Reported profit is backed by cash, and the company is not expanding recklessly.

Growth (49): Sales and profits are flat, shrinking, or growing more slowly than they were.

Size (5): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

OXY stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on OXY, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$40$50$60$70$80Jan 26Apr 26Jul 26Oct 26OXYHigh $82Median $69Low $55

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says26 analysts
11 Buy15 Hold0 Sell
Low $55Median $69High $82

The green dot is the last close — the median target sits +18.3% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 8 moved their price target up and 1 moved it down.

DateFirmActionRatingTarget
1 Oct 2026Goldman SachsUpgradeBuy$63 → $69
14 Sept 2026UBSMaintainsNeutral—
14 Sept 2026UBSMaintainsNeutral$59 → $67
14 Sept 2026Wells FargoMaintainsOverweight—
14 Sept 2026Wells FargoMaintainsOverweight$79 → $82
11 Sept 2026Evercore ISI GroupMaintainsOutperform$65 → $70
11 Sept 2026Evercore ISI GroupMaintainsOutperform—
3 Sept 2026Seaport GlobalInitiatesBuy—
3 Sept 2026Seaport GlobalInitiatesBuy$73
17 Aug 2026BarclaysMaintainsOverweight$75 → $71
17 Aug 2026BarclaysMaintainsOverweight—
11 Aug 2026SusquehannaMaintainsPositive—
11 Aug 2026SusquehannaMaintainsPositive$67 → $70
10 Aug 2026Truist SecuritiesMaintainsHold—
10 Aug 2026Truist SecuritiesMaintainsHold$57 → $63
7 Aug 2026Wells FargoMaintainsOverweight—
7 Aug 2026Wells FargoMaintainsOverweight$72 → $79
6 Aug 2026BarclaysMaintainsOverweight—
6 Aug 2026BarclaysMaintainsOverweight$72 → $75
17 July 2026CitigroupMaintainsNeutral—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. OXY appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

OXY vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 5 Oct 2026, Occidental Petroleum Corp. returned +32.6% against +16.2% for the S&P 500, dividends included.

OXY vs S&P 500, last 12 monthsTotal return, rebased to 100
80100120140160Jan 26Apr 26Jul 26Oct 26OXYS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

OXY analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+4.0%
Analysts raising
15
Analysts cutting
4
Fundamentals

Occidental Petroleum Corp. (OXY) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
16.5×

Cheaper than 42% of US stocks

Price / sales
2.4×

Cheaper than 47% of US stocks

Price / book
1.7×

Cheaper than 49% of US stocks

EV / EBITDA
5.6×

Cheaper than 52% of US stocks

Growth & margins
Revenue growth (YoY)
53.4%

Higher than 87% of US stocks

Earnings growth (YoY)
550.0%

Higher than 96% of US stocks

Gross margin
57.5%

Higher than 71% of US stocks

Operating margin
45.4%

Higher than 94% of US stocks

Net margin
30.3%

Higher than 89% of US stocks

Returns & dividend
Return on equity
10.6%

Higher than 65% of US stocks

Return on assets
4.7%

Higher than 75% of US stocks

Dividend yield
1.9%

Higher than 64% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Occidental Petroleum Corp. (OXY) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Occidental Petroleum Corp. has a market value of $58.1B and an enterprise value of $77.5B.

  • Revenue in the twelve months to 30 June 2026: $21.7B. The latest quarter grew 53.4% year on year.

  • Net income over the same four quarters: $7.3B, a 33.7% net margin.

  • Diluted earnings per share, trailing twelve months: $6.46.

  • Free cash flow in the twelve months to 30 June 2026: $4.8B, after $6.2B of capital spending.

  • Occidental Petroleum Corp. spent $117.0M on share buybacks and $1.7B on dividends in the twelve months to 30 June 2026.

  • Shares outstanding: 999.7M.

  • Trailing P/E: 16.5×; forward P/E: 14.2× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 1.93%, paying out 28% of earnings.

  • Occidental Petroleum Corp. employs 10,412 people — $2.1M of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 5 Oct 2026

Data provided by Twelve Data

Peers

OXY vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelOil & Gas E&P
CompanyMarket capTKN rank
OXYOccidental Petroleum Corp.$58.1B
78
DVNDevon Energy Corp.$54.9B
47
FANGDiamondback Energy, Inc.$51.7B
71
EOGEOG Resources, Inc.$76.7B
83
EQTEQT Corp.$31.4B
58
TPLTexas Pacific Land Corp.$23.5B
71
COPConocophillips$156.6B
84

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Occidental Petroleum Corp. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest OXY news & analysis

Berkshire vs. Occidental: Who Actually Won the $10 Billion Chemicals Deal?

The Motley Fool · 5 Oct 2026positive

Berkshire Hathaway and Occidental Petroleum have a longstanding working relationship, and Occidental is selling its chemicals business to Berkshire. The deal is expected to benefit both companies over the long term.

Why it matters — OXY watchers would care because the sale of the chemicals business could shape Occidental's portfolio and long-term outlook while strengthening its ongoing partnership with Berkshire.

4 Big Oil Dividends Ranked by What Matters When Crude Falls

24/7 Wall Street · 2 Oct 2026neutral

A 24/7 Wall Street article examines four major oil companies' dividend payouts, comparing how their balance sheets would fare if crude prices decline. It highlights that while all four pay dividends, their capacity to sustain those payouts differs significantly under lower oil prices.

Why it matters — OXY watchers would care because the article assesses how one of the big oil producers' dividend sustainability holds up when crude prices fall, directly relevant to OXY's payout stability.

Occidental to Announce Third Quarter Results Monday, November 9, 2026; Hold Conference Call Tuesday, November 10, 2026

GlobeNewsWire · 1 Oct 2026neutral

Occidental announced it will release its third quarter 2026 financial results after market close on Monday, November 9, 2026, and will hold a conference call to discuss the results on Tuesday, November 10, 2026, at 1 p.m. Eastern Time.

Why it matters — OXY watchers will note the scheduled date for the company's quarterly earnings report and follow-up conference call.

All-Weather Portfolio: I Like Suncor Energy Better Than Occidental Petroleum

Seeking Alpha · 1 Oct 2026negative

A Seeking Alpha article examines Suncor Energy and Occidental Petroleum through Ray Dalio's all-weather portfolio framework, concluding that Suncor is favored over Occidental due to its ex-US geographical exposure and commodity price sensitivity, while noting OXY's US-centric revenue profile.

Why it matters — OXY watchers would care because the article argues Suncor offers better diversification within an all-weather portfolio, positioning Occidental less favorably under that investing framework.

Occidental Stock Gets an Upgrade. 4 Reasons Goldman Loves It.

Barrons · 1 Oct 2026positive

Goldman Sachs analyst Neil Mehta upgraded Occidental Petroleum's stock, citing the company's oil recovery capabilities and debt reduction plan as reasons the inexpensive shares could rally. The upgrade highlights four factors behind the more favorable outlook.

Why it matters — An upgrade from a major sell-side analyst draws attention to Occidental's operational strengths and deleveraging progress, which are key considerations for investors watching the stock.

FAQ

Frequently asked questions about OXY stock

What is the OXY stock price forecast for 2026-2027?

The 26 Wall Street analysts covering Occidental Petroleum Corp. have a median 12-month price target of $69, with estimates ranging from $55 to $82. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is OXY stock a buy right now?

Of the 26 analysts covering Occidental Petroleum Corp., 11 rate it a Buy, 15 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Occidental Petroleum Corp. 78 out of 100 across roughly 4,600 US stocks as at 3 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank OXY?

As at 3 Oct 2026, Occidental Petroleum Corp. ranks 78 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Accruals (84 of 100).

Will OXY stock go up?

No one can know that. What the data says: the median 12-month target from 26 analysts implies +18.3% from the last close, and Ticker Nerd's factor model ranks Occidental Petroleum Corp. 78 out of 100 as at 3 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the OXY stock forecast for 2030?

No analyst covering Occidental Petroleum Corp. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for OXY are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $55 to $82 over the next 12 months.

How has OXY stock performed over the past year?

Occidental Petroleum Corp. returned +32.6% over the 12 months to 5 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Occidental Petroleum Corp. do?

Occidental Petroleum Corp. is an international energy company focused on the exploration, development, and production of oil and natural gas.

What is the latest news on OXY?

The most recent item we track (The Motley Fool, 5 Oct 2026): "Berkshire vs. Occidental: Who Actually Won the $10 Billion Chemicals Deal?". Berkshire Hathaway and Occidental Petroleum have a longstanding working relationship, and Occidental is selling its chemicals business to Berkshire. The deal is expected to benefit both companies over the long term.

Company

About Occidental Petroleum Corp.

Occidental Petroleum Corp. is an international energy company focused on the exploration, development, and production of oil and natural gas. The company’s operations span major producing regions in the United States, the Middle East, and North Africa, with a portfolio that also includes midstream and marketing activities and a chemicals business through OxyChem. Occidental Petroleum Corp. plays a significant role in supplying energy and essential industrial products, while also operating carbon management and emissions-reduction initiatives across its business lines. Its integrated structure allows it to serve both upstream energy markets and downstream industrial demand, making it a diversified participant in the global energy sector.

CEO Mr. Richard A. Jackson · 10,412 employees · United States · https://www.oxy.com