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Home โบ Stocks โบ Occidental Petroleum Corporation (OXY) Stock Forecast & Price Prediction United States | NYSE | Energy | Oil & Gas E&P
$56.54
+1.07 (1.93%)Did OXY Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Occidental is one of their latest high-conviction picks.
Based on our analysis of 9 Wall Street analysts, OXY has a neutral consensus with a median price target of $65.00 (ranging from $55.00 to $75.00). The overall analyst rating is Buy (6.9/10). Currently trading at $56.54, the median forecast implies a 15.0% upside. This outlook is supported by 8 Buy, 15 Hold, and 2 Sell ratings.
The most optimistic forecast comes from Nitin Kumar at Mizuho, projecting a 32.6% upside. Conversely, the most conservative target is provided by Neil Mehta at Goldman Sachs, suggesting a 2.7% downside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for OXY.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| May 27, 2026 | Mizuho | Nitin Kumar | Outperform | Maintains | $75.00 |
| May 26, 2026 | Barclays | Betty Jiang | Overweight | Upgrade | $72.00 |
| May 22, 2026 | Morgan Stanley | Devin McDermott | Equal-Weight | Maintains | $74.00 |
| May 8, 2026 | Truist Securities | Hold | Maintains | $N/A | |
| Apr 22, 2026 | Scotiabank | Sector Perform | Maintains | $N/A | |
| Apr 13, 2026 | UBS | Neutral | Maintains | $N/A | |
| Apr 9, 2026 | Wells Fargo | Overweight | Maintains | $N/A | |
| Mar 30, 2026 | Citigroup | Neutral | Maintains | $N/A | |
| Mar 24, 2026 | Truist Securities | Hold | Initiates | $N/A | |
| Mar 20, 2026 | JP Morgan | Neutral | Upgrade | $N/A | |
| Mar 20, 2026 | HSBC | Buy | Maintains | $N/A | |
| Mar 17, 2026 | Mizuho | Outperform | Maintains | $N/A | |
| Mar 16, 2026 | Barclays | Equal-Weight | Maintains | $N/A | |
| Mar 12, 2026 | Wells Fargo | Overweight | Upgrade | $N/A | |
| Mar 12, 2026 | Piper Sandler | Overweight | Upgrade | $N/A | |
| Mar 11, 2026 | Goldman Sachs | Sell | Maintains | $N/A | |
| Mar 5, 2026 | Piper Sandler | Neutral | Maintains | $N/A | |
| Mar 5, 2026 | UBS | Neutral | Maintains | $N/A | |
| Feb 23, 2026 | BMO Capital | Market Perform | Maintains | $N/A | |
| Feb 23, 2026 | Barclays | Equal-Weight | Maintains | $N/A |
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Occidental Petroleum Corporation has a market capitalization of $56.24B with a P/E ratio of 75.0x. The company generates $21.12B in trailing twelve-month revenue with a 22.4% profit margin.
Revenue growth is -8.3% quarter-over-quarter, while maintaining an operating margin of +17.7% and return on equity of +4.1%.
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Independent exploration and production of oil and gas.
The company generates revenue through its three segments: Oil and Gas focuses on the exploration and production of hydrocarbons; Chemical produces various chemical products; and Midstream and Marketing manages the transportation and storage of oil and gas products. This diversified model allows it to capitalize on different aspects of the energy supply chain.
Founded in 1920 and headquartered in Houston, Texas, Occidental Petroleum Corporation plays a significant role in key energy-producing regions, directly impacting global oil and gas supply chains and contributing to the overall energy sector.
Energy
Oil & Gas E&P
10,412
Mr. Richard A. Jackson
United States
1981
NFG lifts its dividend 4% after 124 years of payouts, backed by free cash flow, shale assets and regulated growth plans.
The latest trading day saw Occidental Petroleum (OXY) settling at $55.47, representing a -2.85% change from its previous close.
HAL lands a multi-year deal with Pampa Energia to advance digital transformation in Argentina's Vaca Muerta shale play and support growth plans.
Occidental Petroleum (OXY) closed at $55.47, down 2.85% from the prior trading day.
Occidental Petroleum's decline to $55.47 indicates potential volatility and shifts in investor sentiment, impacting future performance and investment decisions.
Chevron and Exxon Mobil show positive outlooks at $185.82 and $146.60, respectively, while Occidental Petroleum at $55.47 suggests investors should exercise patience.
Mixed signals from major oil companies indicate differing outlooks on oil prices, affecting potential investment strategies and risk assessment in the energy sector.
Matthew Tuttle continues to invest in oil stocks, anticipating prolonged headwinds that will keep oil prices elevated, despite potential U.S.-Iran deal developments.
Tuttle's bullish stance on oil stocks amid potential U.S.-Iran negotiations suggests continued strong oil prices, indicating resilience in the sector and potential for investment gains.
Zacks Oil & Gas US Integrated industry faces challenges due to slowing production growth and weak refining. ConocoPhillips, Occidental, and National Fuel are positioned to navigate these issues.
Slowing production and weak refining suggest potential declines in profitability for the sector, while strong positions of specific companies may indicate relative stability and investment opportunities.
Stocks remain volatile due to an unstable ceasefire in Iran. Low-beta stocks LQDA, CVX, OXY, and VLO have shown recent gains and strong trading volume.
The volatile ceasefire in Iran affects market stability, driving investors towards low-beta stocks like LQDA, CVX, OXY, and VLO, which are showing gains amid uncertainty.
Occidental Petroleum (OXY) reported earnings 30 days ago; investors should monitor upcoming developments and market reactions for insights on stock performance.
Occidental's recent earnings report can influence its stock price and investor sentiment, impacting future performance and potential investment decisions.
Based on our analysis of 9 Wall Street analysts, Occidental Petroleum Corporation (OXY) has a median price target of $65.00. The highest price target is $75.00 and the lowest is $55.00.
According to current analyst ratings, OXY has 8 Buy ratings, 15 Hold ratings, and 2 Sell ratings. The stock is currently trading at $56.54. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict OXY stock could reach $65.00 in the next 12 months. This represents a 15.0% increase from the current price of $56.54. Please note that this is a projection by Wall Street analysts and not a guarantee.
The company generates revenue through its three segments: Oil and Gas focuses on the exploration and production of hydrocarbons; Chemical produces various chemical products; and Midstream and Marketing manages the transportation and storage of oil and gas products. This diversified model allows it to capitalize on different aspects of the energy supply chain.
The highest price target for OXY is $75.00 from Nitin Kumar at Mizuho, which represents a 32.6% increase from the current price of $56.54.
The lowest price target for OXY is $55.00 from Neil Mehta at Goldman Sachs, which represents a -2.7% decrease from the current price of $56.54.
The overall analyst consensus for OXY is neutral. Out of 9 Wall Street analysts, 8 rate it as Buy, 15 as Hold, and 2 as Sell, with a median price target of $65.00.
Stock price projections, including those for Occidental Petroleum Corporation, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.