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Occidental Petroleum (OXY) Stock Forecast & Price Target

Occidental Petroleum logo
$44.31 +0.72 (+1.65%)
Closing price 08/8/2025 03:59 PM Eastern
Extended Trading
$44.36 +0.05 (+0.11%)
As of 08/8/2025 07:59 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.

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

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.

Consensus Rating

Sell
2
Hold
14
Buy
5

Based on 21 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 21 analysts, 2 have given a sell rating, 14 have given a hold rating, and 5 have given a buy rating for OXY.

Consensus Price Target

$53.71
21.22% Upside
According to the 21 analysts' twelve-month price targets for Occidental Petroleum, the average price target is $53.71. The highest price target for OXY is $75.00, while the lowest price target for OXY is $38.00. The average price target represents a forecasted upside of 21.22% from the current price of $44.31.
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OXY Analyst Ratings Over Time

TypeCurrent Forecast
8/10/24 to 8/10/25
1 Month Ago
7/11/24 to 7/11/25
3 Months Ago
5/12/24 to 5/12/25
1 Year Ago
8/11/23 to 8/10/24
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
5 Buy rating(s)
5 Buy rating(s)
5 Buy rating(s)
5 Buy rating(s)
Hold
14 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$53.71$53.62$54.05$72.06
Forecasted Upside21.22% Upside15.73% Upside23.34% Upside23.37% 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.
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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.
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Occidental Petroleum Stock vs. The Competition

TypeOccidental PetroleumEnergy CompaniesS&P 500
Consensus Rating Score
2.14
2.67
2.53
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside21.22% Upside57.23% Upside13.84% Upside
News Sentiment Rating
Positive News

See Recent OXY News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/17/2025Piper Sandler
2 of 5 stars
Mark Lear
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Boost TargetNeutral ➝ Neutral$48.00 ➝ $50.00+17.26%
7/15/2025JPMorgan Chase & Co.
3 of 5 stars
Arun Jayaram
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Boost TargetNeutral ➝ Neutral$47.00 ➝ $48.00+12.51%
7/15/2025Wells Fargo & Company
3 of 5 stars
Roger Read
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Lower TargetEqual Weight ➝ Equal Weight$47.00 ➝ $46.00+4.60%
7/11/2025Scotiabank
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P. Cheng
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Boost TargetSector Perform ➝ Sector Perform$40.00 ➝ $45.00-2.77%
5/19/2025Citigroup
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Scott Gruber
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Boost TargetNeutral ➝ Neutral$42.00 ➝ $44.00+3.85%
5/13/2025Mizuho
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Nitin Kumar
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Lower TargetNeutral ➝ Neutral$60.00 ➝ $58.00+31.48%
5/8/2025Barclays
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Betty Jiang
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Boost TargetEqual Weight ➝ Equal Weight$46.00 ➝ $48.00+15.61%
4/22/2025Susquehanna
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Biju Perincheril
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Lower TargetPositive ➝ Positive$59.00 ➝ $55.00+36.77%
4/16/2025Hsbc Global Res
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S. Hoh
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UpgradeHold
4/16/2025UBS Group
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Josh Silverstein
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Lower TargetNeutral ➝ Neutral$44.00 ➝ $38.00-2.76%
4/15/2025Stephens
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Mike Scialla
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Lower TargetOverweight ➝ Overweight$60.00 ➝ $58.00+51.76%
4/8/2025TD Cowen
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David Deckelbaum
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DowngradeBuy ➝ Hold$68.00 ➝ $45.00+16.27%
3/26/2025Morgan Stanley
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Devin McDermott
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Set TargetOverweight ➝ Overweight$63.00 ➝ $58.00+16.09%
3/10/2025Raymond James Financial
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John Freeman
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DowngradeStrong-Buy ➝ Outperform$81.00 ➝ $64.00+35.44%
1/31/2025The Goldman Sachs Group
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N. Mehta
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DowngradeNeutral ➝ Sell$54.00 ➝ $45.00-7.92%
1/23/2025Roth Capital
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Leo Mariani
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Set Target$54.00+7.11%
1/13/2025Truist Financial
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Neal Dingmann
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Boost TargetHold ➝ Hold$56.00 ➝ $58.00+11.37%
11/12/2024Jefferies Financial Group
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 Boost TargetHold ➝ Hold$53.00 ➝ $54.00+6.74%
11/12/2024Wolfe Research
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D. Leggate
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Boost TargetBuy ➝ Buy$73.00 ➝ $75.00+48.25%
10/17/2024Bank of America
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 Initiated CoverageNeutral$57.00+11.20%
10/4/2024BMO Capital Markets
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 Lower TargetMarket Perform ➝ Market Perform$70.00 ➝ $65.00+16.70%
9/30/2024Evercore ISI
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 Lower TargetUnderperform ➝ Underperform$67.00 ➝ $63.00+22.85%
4/8/2024HSBC
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 Initiated CoverageHold$65.00-6.14%
9/12/2023Roth Mkm
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 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 Sunday at 03:24 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 Wednesday, August 6, 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 company recently reported earnings that exceeded analysts' expectations, indicating strong financial performance and potential for growth.
  • Occidental Petroleum Co. has a solid dividend yield of approximately 2.2%, which can provide a steady income stream for investors.
  • Recent revenue growth of nearly 14% year-over-year suggests that the company is effectively increasing its market presence and operational efficiency.
  • Institutional ownership is high, with about 88.70% of shares held by institutional investors, which can indicate confidence in the company's future prospects.
  • The current stock price is around $53.71, which may present a buying opportunity for investors looking to enter at a favorable valuation.

Occidental Petroleum
Bear Case

red Wall Street bear icon

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

  • Several analysts have downgraded their price targets for the stock, which may reflect concerns about future performance and market conditions.
  • The company’s revenue for the latest quarter fell short of consensus estimates, which could indicate potential challenges in meeting future growth expectations.
  • With a dividend payout ratio of 39.02%, there may be concerns about the sustainability of dividend payments if earnings do not continue to grow.
  • Market volatility in the oil and gas sector can impact stock performance, making it a riskier investment compared to more stable sectors.
  • Analysts have issued a consensus rating of "Hold," suggesting that there may be limited upside potential in the near term.

OXY Forecast - Frequently Asked Questions

According to the research reports of 21 Wall Street equities research analysts, the average twelve-month stock price forecast for Occidental Petroleum is $53.71, with a high forecast of $75.00 and a low forecast of $38.00.

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Occidental Petroleum in the last twelve months. There are currently 2 sell ratings, 14 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street 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 21.22% based on their 12-month stock forecasts.

Occidental Petroleum has been rated by research analysts at Citigroup, JPMorgan Chase & Co., Mizuho, Piper Sandler, Scotiabank, 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.


This page (NYSE:OXY) was last updated on 8/10/2025 by MarketBeat.com Staff
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