Occidental Petroleum Rating and Price Target Analysis
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
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Should l Buy OXY?
Source: Yahoo Finance
- Rating Overview: Occidental Petroleum (OXY) currently holds an average rating of hold, indicating a cautious market sentiment regarding its future performance, prompting investors to monitor industry trends for potential risks and opportunities.
- Price Target Analysis: Analysts have set an average price target of $51.44 for Occidental Petroleum, a level that could influence investor buying decisions, particularly against the backdrop of fluctuating oil prices.
- Market Sentiment: The hold rating suggests a lack of optimism about the company's growth prospects, necessitating close attention to its financial performance and external economic factors for timely investment strategy adjustments.
- Investment Strategy Recommendation: Given the current market environment, investors may need to consider diversifying their portfolios to reduce reliance on a single stock, especially as the oil and gas sector faces uncertainties.
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Analyst Views on OXY
Wall Street analysts forecast OXY stock price to rise
16 Analyst Rating
4 Buy
9 Hold
3 Sell
Hold
Current: 47.110
Low
38.00
Averages
47.27
High
64.00
Current: 47.110
Low
38.00
Averages
47.27
High
64.00
About OXY
Occidental Petroleum Corporation is an international energy company with assets primarily in the United States, the Middle East and North Africa. The Company is an oil and gas producer in the United States, including a producer in the Permian and DJ basins, and the offshore Gulf of Mexico. It operates through three segments: oil and gas, chemical and midstream and marketing. The oil and gas segment explores for, develops, and produces oil (which includes condensate), natural gas liquids (NGL) and natural gas. The chemical segment primarily manufactures and markets basic chemicals and vinyls. The midstream and marketing segment purchases, markets, gathers, processes, transports, and stores oil (which includes condensate), NGL, natural gas, carbon dioxide (CO2) and power. The midstream and marketing segment provides flow assurance and maximizes the value of its oil and gas. It also optimizes its transportation and storage capacity and invests in entities that conduct similar activities.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Record Performance: Occidental Petroleum achieved a new production record of 1.4 million barrels of oil equivalent per day in 2025, exceeding guidance while reducing capital expenditures by $300 million and operating expenses by $275 million, demonstrating exceptional cost control and resource allocation capabilities.
- Financial Strength: Despite a 14% decline in oil prices, the company generated approximately $1 billion in free cash flow and reduced principal debt to $15 billion, with plans for a $700 million tender offer to further lower it to $14.3 billion, enhancing financial flexibility.
- Strategic Transformation: Management emphasized a shift away from transformative acquisitions towards execution and efficiency improvements, achieving around $2 billion in annual cost savings since 2023, ensuring sustained production growth and shareholder returns.
- Future Outlook: Capital spending is projected to decrease to $5.5 billion to $5.9 billion in 2026, with a production target of approximately 1.45 million barrels of oil equivalent per day, as management commits to maintaining cost discipline and flexible capital allocation to navigate uncertain market conditions.
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- Stock Performance: Occidental Petroleum shares increased by 9.7% following the announcement of their fourth-quarter profits.
- Profit Surpassing Estimates: The company's profits for the quarter exceeded analysts' expectations, contributing to the rise in stock value.
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- Rating Overview: Occidental Petroleum (OXY) currently holds an average rating of hold, indicating a cautious market sentiment regarding its future performance, which may influence investor decisions.
- Price Target Analysis: Analysts have set an average price target of $49.40 for Occidental Petroleum, a level that could affect investors' buy and sell strategies, especially amid fluctuating oil prices.
- Market Reaction: The hold rating may lead to decreased investor attention on the stock, potentially impacting its short-term trading volume and price volatility, reflecting concerns about its growth potential.
- Investment Strategy Impact: Given the rating and price target, investors might reassess their portfolio allocation in Occidental Petroleum, subsequently influencing overall market sentiment and capital flows.
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- Rating Overview: Occidental Petroleum (OXY) currently holds an average rating of hold, indicating a cautious market sentiment regarding its future performance and suggesting that investors are hesitant about its short-term growth potential.
- Price Target Analysis: Analysts have set an average price target of $51.44 for Occidental Petroleum, a figure that could influence investor buying decisions and reflects market expectations regarding its profitability.
- Market Reaction: Despite the hold rating, market reactions to Occidental Petroleum may be influenced by fluctuations in oil prices and the company's financial performance, which could impact its stock price movements and investor confidence.
- Investment Strategy: Investors considering Occidental Petroleum should closely monitor its upcoming financial reports and market trends to make more informed investment decisions, particularly in light of the uncertainties facing the oil and gas industry.
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- Rating Overview: Occidental Petroleum (OXY) currently holds an average rating of hold, indicating a cautious market sentiment regarding its future performance, prompting investors to monitor industry trends for potential risks and opportunities.
- Price Target Analysis: Analysts have set an average price target of $51.44 for Occidental Petroleum, a level that could influence investor buying decisions, particularly against the backdrop of fluctuating oil prices.
- Market Sentiment: The hold rating suggests a lack of optimism about the company's growth prospects, necessitating close attention to its financial performance and external economic factors for timely investment strategy adjustments.
- Investment Strategy Recommendation: Given the current market environment, investors may need to consider diversifying their portfolios to reduce reliance on a single stock, especially as the oil and gas sector faces uncertainties.
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- Rating Overview: Occidental Petroleum (OXY) currently holds an average rating of hold, indicating a cautious market sentiment regarding its future performance, prompting investors to monitor fundamental changes for decision-making.
- Price Target Analysis: The company's average price target stands at $51.44, reflecting analysts' expectations for its future stock price, which investors can use to assess potential investment returns.
- Market Reaction: Despite the hold rating, market reactions to Occidental Petroleum may be influenced by fluctuations in oil prices and the company's financial performance, necessitating close attention to relevant market dynamics by investors.
- Investment Strategy Suggestion: Given the current rating and price target context, investors should consider risk management strategies, particularly in light of increasing uncertainties within the oil and gas sector.
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