Free Trial
→ Buffett, Gates and Bezos Quietly Dumping Stocks—Here's Why (From Banyan Hill Publishing) (Ad)tc pixel Free OXY Stock Alerts

Occidental Petroleum (OXY) Stock Forecast & Price Target

Occidental Petroleum logo
$47.65 +0.14 (+0.29%)
Closing price 08/29/2025 03:59 PM Eastern
Extended Trading
$47.58 -0.07 (-0.16%)
As of 08/29/2025 07:57 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
Compare

Occidental Petroleum - Analysts' Recommendations and Stock Price Forecast (2025)

Consensus Rating

Hold
Based on 23 Analyst Ratings
Sell
2
Hold
17
Buy
4

Based on 23 Wall Street analysts who have issued ratings for Occidental Petroleum in the last 12 months, the stock has a consensus rating of "Hold." Out of the 23 analysts, 2 have given a sell rating, 17 have given a hold rating, and 4 have given a buy rating for OXY.

Consensus Price Target

$54.65
14.70% Upside
According to the 23 analysts' twelve-month price targets for Occidental Petroleum, the average price target is $54.65. The highest price target for OXY is $75.00, while the lowest price target for OXY is $44.00. The average price target represents a forecasted upside of 14.70% from the current price of $47.65.
MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
Get the Latest News and Ratings for OXY and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Occidental Petroleum and its competitors.

Sign Up
By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

OXY Analyst Ratings Over Time

TypeCurrent Forecast
8/30/24 to 8/30/25		1 Month Ago
7/31/24 to 7/31/25		3 Months Ago
6/1/24 to 6/1/25		1 Year Ago
8/31/23 to 8/30/24
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
4 Buy rating(s)
5 Buy rating(s)
5 Buy rating(s)
5 Buy rating(s)
Hold
17 Hold rating(s)
14 Hold rating(s)
14 Hold rating(s)
9 Hold rating(s)
Sell
2 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$54.65$53.71$53.14$71.69
Forecasted Upside14.70% Upside22.19% Upside30.35% Upside25.81% Upside
Consensus Rating
Hold
Hold
Hold
Hold

OXY Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

OXY Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Occidental Petroleum Stock vs. The Competition

TypeOccidental PetroleumEnergy CompaniesS&P 500
Consensus Rating Score
2.09
2.63
2.53
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside14.70% Upside45.19% Upside10.23% Upside
News Sentiment Rating
Positive News

See Recent OXY News
Positive News
Positive News
Export to Excel
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
8/20/2025UBS Group
3 of 5 stars		Josh Silverstein
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost TargetNeutral ➝ Neutral$42.00 ➝ $45.00+1.69%
8/20/2025Melius Research
0 of 5 stars		James West
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated CoverageHold$64.00+45.68%
8/18/2025Morgan Stanley
3 of 5 stars		Devin McDermott
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated RatingOverweight ➝ Equal Weight$52.00+16.57%
7/17/2025Piper Sandler
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Mark Lear
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost TargetNeutral ➝ Neutral$48.00 ➝ $50.00+17.26%
7/15/2025JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Arun Jayaram
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost TargetNeutral ➝ Neutral$47.00 ➝ $48.00+12.51%
7/15/2025Wells Fargo & Company
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Roger Read
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower TargetEqual Weight ➝ Equal Weight$47.00 ➝ $46.00+4.60%
7/11/2025Scotiabank
Subscribe to MarketBeat All Access for the recommendation accuracy rating		P. Cheng
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost TargetSector Perform ➝ Sector Perform$40.00 ➝ $45.00-2.77%
5/19/2025Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Scott Gruber
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost TargetNeutral ➝ Neutral$42.00 ➝ $44.00+3.85%
5/13/2025Mizuho
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Nitin Kumar
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower TargetNeutral ➝ Neutral$60.00 ➝ $58.00+31.48%
5/8/2025Barclays
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Betty Jiang
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost TargetEqual Weight ➝ Equal Weight$46.00 ➝ $48.00+15.61%
4/22/2025Susquehanna
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Biju Perincheril
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower TargetPositive ➝ Positive$59.00 ➝ $55.00+36.77%
4/16/2025Hsbc Global Res
Subscribe to MarketBeat All Access for the recommendation accuracy rating		S. Hoh
Subscribe to MarketBeat All Access for the recommendation accuracy rating		UpgradeHold
4/15/2025Stephens
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Mike Scialla
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower TargetOverweight ➝ Overweight$60.00 ➝ $58.00+51.76%
4/8/2025TD Cowen
Subscribe to MarketBeat All Access for the recommendation accuracy rating		David Deckelbaum
Subscribe to MarketBeat All Access for the recommendation accuracy rating		DowngradeBuy ➝ Hold$68.00 ➝ $45.00+16.27%
3/10/2025Raymond James Financial
Subscribe to MarketBeat All Access for the recommendation accuracy rating		John Freeman
Subscribe to MarketBeat All Access for the recommendation accuracy rating		DowngradeStrong-Buy ➝ Outperform$81.00 ➝ $64.00+35.44%
1/31/2025The Goldman Sachs Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		N. Mehta
Subscribe to MarketBeat All Access for the recommendation accuracy rating		DowngradeNeutral ➝ Sell$54.00 ➝ $45.00-7.92%
1/23/2025Roth Capital
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Leo Mariani
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Set Target$54.00+7.11%
1/13/2025Truist Financial
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Neal Dingmann
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost TargetHold ➝ Hold$56.00 ➝ $58.00+11.37%
11/12/2024Jefferies Financial Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetHold ➝ Hold$53.00 ➝ $54.00+6.74%
11/12/2024Wolfe Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating		D. Leggate
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost TargetBuy ➝ Buy$73.00 ➝ $75.00+48.25%
10/17/2024Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Initiated CoverageNeutral$57.00+11.20%
10/4/2024BMO Capital Markets
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetMarket Perform ➝ Market Perform$70.00 ➝ $65.00+16.70%
9/30/2024Evercore ISI
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetUnderperform ➝ Underperform$67.00 ➝ $63.00+22.85%
4/8/2024HSBC
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Initiated CoverageHold$65.00-6.14%
9/12/2023Roth Mkm
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Reiterated RatingNeutral ➝ Neutral$60.00-8.72%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 10:38 AM ET.


Should I Buy Occidental Petroleum Stock? OXY Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, August 28, 2025. Please send any questions or comments about these Occidental Petroleum pros and cons to contact@marketbeat.com.

Occidental Petroleum
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Occidental Petroleum Co.:

  • The current stock price is around $54.65, which reflects a stable valuation in the market.
  • Occidental Petroleum Co. recently reported earnings that exceeded analysts' expectations, indicating strong operational performance.
  • The company has a solid dividend yield of approximately 2.0%, providing a steady income stream for investors.
  • Analysts have a consensus rating of "Hold" with several upgrades, suggesting potential for price appreciation.
  • With a market capitalization of $45.36 billion, Occidental Petroleum Co. is positioned as a significant player in the oil and gas sector, which can attract institutional investors.

Occidental Petroleum
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Occidental Petroleum Co. for these reasons:

  • The company's revenue has decreased by 6.1% year-over-year, which may indicate challenges in maintaining growth.
  • Occidental Petroleum Co. has a relatively high price-to-earnings ratio of 27.27, suggesting that the stock may be overvalued compared to its earnings.
  • Recent downgrades from analysts, including a shift from "hold" to "sell," could signal a lack of confidence in the stock's short-term performance.
  • The dividend payout ratio is at 56.80%, which may limit the company's ability to reinvest in growth opportunities.
  • Market volatility in the oil and gas sector can lead to unpredictable stock performance, posing risks for investors.

OXY Forecast - Frequently Asked Questions

According to the research reports of 23 Wall Street equities research analysts, the average twelve-month stock price forecast for Occidental Petroleum is $54.65, with a high forecast of $75.00 and a low forecast of $44.00.

23 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Occidental Petroleum in the last twelve months. There are currently 2 sell ratings, 17 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" OXY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OXY, but not buy additional shares or sell existing shares.

According to analysts, Occidental Petroleum's stock has a predicted upside of 14.70% based on their 12-month stock forecasts.

Occidental Petroleum has been rated by research analysts at JPMorgan Chase & Co., Melius, Melius Research, Morgan Stanley, Piper Sandler, Scotiabank, UBS Group, and Wells Fargo & Company in the past 90 days.

Analysts like Occidental Petroleum less than other "energy" companies. The consensus rating for Occidental Petroleum is Hold while the average consensus rating for "energy" companies is Moderate Buy. Learn more on how OXY compares to other companies.

Related Companies
Today's Ratings
Top-Rated Stocks
More Ratings Tools

This page (NYSE:OXY) was last updated on 8/30/2025 by MarketBeat.com Staff
From Our Partners
INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off
Right now, we’re witnessing a monumental shift in the world.
Traders Agency | Sponsoredtc pixel
Everyone’s watching Nvidia right now. Here’s why I’m excited.
So, unless you’ve been living under a rock, you probably saw the news… Nvidia just signed a $7 BILLION deal...
Timothy Sykes | Sponsoredtc pixel
Elon’s Secret Social Security Bombshell
To All Americans Born Before April 16th, 1963: Did Trump Just Give The Green Light To Radically RE-DO Social S...
Banyan Hill Publishing | Sponsoredtc pixel
Buffett to put 90% of his money in this one stock?
CPA and CFA says you have WAY too many stocks - just buy these 3 After years working at the biggest accoun...
Altimetry | Sponsoredtc pixel
This is my Christian duty
“This land I will give to you…” — a 4,000-year-old line from Genesis may hold the key to unlocking a $150 tril...
Paradigm Press | Sponsoredtc pixel
He Called Nvidia at $1.10. Now, He Says THIS Stock Will…
The original Magnificent Seven returned 16,894%—turning $7K into $1.18 million. Now, the man who called Nvi...
The Oxford Club | Sponsoredtc pixel
“Sell Nvidia before earnings”
Eric Fry just went live with one of his most controversial calls yet: “Sell Nvidia.” While Wall Street has bee...
InvestorPlace | Sponsoredtc pixel
When the levee breaks
The U.S. Treasury just confirmed it plans to borrow $1.01 trillion this quarter—nearly double what was project...
Porter & Company | Sponsoredtc pixel