Consensus Rating1
Neutral
Highest Price Target1
$78.00
Lowest Price Target1
$45.00
Consensus Price Target1
$60.62

Occidental Petroleum Analyst Ratings and Price Targets | NYSE:OXY | Benzinga

Occidental Petroleum Corp has a consensus price target of $60.62 based on the ratings of 23 analysts. The high is $78 issued by JP Morgan on November 13, 2023. The low is $45 issued by Goldman Sachs on January 31, 2025. The 3 most-recent analyst ratings were released by Citigroup, JP Morgan, and Raymond James on March 17, 2025, March 13, 2025, and March 10, 2025, respectively. With an average price target of $55.67 between Citigroup, JP Morgan, and Raymond James, there's an implied 13.92% upside for Occidental Petroleum Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
2
3
Nov 24
4
Dec 24
1
Jan
1
2
Feb
1
3
Mar
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.4
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Citigroup
JP Morgan
Raymond James
Piper Sandler
UBS

1calculated from analyst ratings

Analyst Ratings for Occidental Petroleum

Buy NowGet Alert
03/17/2025Buy Now4.37%Citigroup
Scott Gruber63%
$56 → $51MaintainsNeutralGet Alert
03/13/2025Buy Now6.42%JP Morgan
John Royall55%
$59 → $52MaintainsNeutralGet Alert
03/10/2025Buy Now30.97%Raymond James
John Freeman79%
$81 → $64DowngradeStrong Buy → OutperformGet Alert
03/06/2025Buy Now2.32%Piper Sandler
Mark Lear62%
$51 → $50MaintainsNeutralGet Alert
02/20/2025Buy Now14.6%UBS
Josh Silverstein56%
$54 → $56MaintainsNeutralGet Alert
02/20/2025Buy Now6.42%Wells Fargo
Roger Read66%
$53 → $52MaintainsEqual-WeightGet Alert
02/19/2025Buy Now45.3%Stephens & Co.
Mike Scialla54%
$71 → $71ReiteratesOverweight → OverweightGet Alert
01/31/2025Buy Now-7.91%Goldman Sachs
Neil Mehta69%
$54 → $45DowngradeNeutral → SellGet Alert
01/13/2025Buy Now18.69%Truist Securities
Neal Dingmann65%
$56 → $58MaintainsHoldGet Alert
12/19/2024Buy Now4.37%Piper Sandler
Ryan Todd70%
$57 → $51MaintainsNeutralGet Alert
12/16/2024Buy Now43.25%Mizuho
Nitin Kumar50%
$72 → $70MaintainsNeutralGet Alert
12/09/2024Buy Now4.37%UBS
Josh Silverstein56%
$58 → $51MaintainsNeutralGet Alert
12/09/2024Buy Now8.46%Wells Fargo
Roger Read66%
$56 → $53MaintainsEqual-WeightGet Alert
11/26/2024Buy Now14.6%Citigroup
Scott Gruber63%
$57 → $56MaintainsNeutralGet Alert
11/21/2024Buy Now59.62%Raymond James
John Freeman79%
$77 → $78MaintainsStrong BuyGet Alert
11/18/2024Buy Now18.69%UBS
Josh Silverstein56%
$59 → $58MaintainsNeutralGet Alert
11/14/2024Buy Now33.02%Susquehanna
Biju Perincheril45%
$77 → $65MaintainsPositiveGet Alert
11/13/2024Buy Now45.3%Stephens & Co.
Mike Scialla54%
$70 → $71MaintainsOverweightGet Alert
11/08/2024Buy Now14.6%JP Morgan
John Royall55%
→ $56ReinstatesNeutral → NeutralGet Alert
10/18/2024Buy Now57.58%Susquehanna
Biju Perincheril45%
$78 → $77MaintainsPositiveGet Alert
10/17/2024Buy Now16.65%B of A Securities
Jean Ann Salisbury59%
→ $57Reinstates → NeutralGet Alert
10/10/2024Buy Now33.02%Scotiabank
Paul Cheng54%
$80 → $65MaintainsSector OutperformGet Alert
10/04/2024Buy Now33.02%BMO Capital$70 → $65MaintainsMarket PerformGet Alert
10/03/2024Buy Now18.69%Barclays
Betty Jiang53%
$67 → $58MaintainsEqual-WeightGet Alert
10/02/2024Buy Now12.55%Goldman Sachs
Neil Mehta69%
→ $55Reinstates → NeutralGet Alert
09/30/2024Buy Now28.93%Evercore ISI Group
Stephen Richardson63%
$67 → $63MaintainsUnderperformGet Alert
09/30/2024Buy Now14.6%Truist Securities
Neal Dingmann65%
$65 → $56MaintainsHoldGet Alert
09/27/2024Buy Now14.6%Wells Fargo
Roger Read66%
$65 → $56MaintainsEqual-WeightGet Alert
09/18/2024Buy Now20.74%UBS
Josh Silverstein56%
$70 → $59MaintainsNeutralGet Alert
09/16/2024Buy Now47.34%Mizuho
Nitin Kumar50%
$76 → $72MaintainsNeutralGet Alert
09/04/2024Buy Now59.62%Susquehanna
Biju Perincheril45%
$81 → $78MaintainsPositiveGet Alert
08/20/2024Buy Now43.25%UBS
Josh Silverstein56%
$69 → $70MaintainsNeutralGet Alert
08/12/2024Buy Now33.02%Truist Securities
Neal Dingmann65%
$67 → $65MaintainsHoldGet Alert
08/09/2024Buy Now33.02%Wells Fargo
Roger Read66%
$68 → $65MaintainsEqual-WeightGet Alert
08/08/2024Buy Now55.53%Stephens & Co.
Mike Scialla54%
$76 → $76ReiteratesOverweight → OverweightGet Alert
07/22/2024Buy Now37.11%Truist Securities
Neal Dingmann65%
$69 → $67MaintainsHoldGet Alert
07/18/2024Buy NowWolfe Research
Doug Leggate72%
Reinstates → OutperformGet Alert
07/15/2024Buy Now57.58%Stephens & Co.
Mike Scialla54%
$78 → $77MaintainsOverweightGet Alert
07/12/2024Buy Now63.72%Scotiabank
Paul Cheng54%
$90 → $80MaintainsSector OutperformGet Alert
07/12/2024Buy Now39.16%Wells Fargo
Roger Read66%
$69 → $68MaintainsEqual-WeightGet Alert
06/21/2024Buy Now41.21%Wells Fargo
Roger Read66%
$68 → $69MaintainsEqual-WeightGet Alert
05/24/2024Buy Now33.02%Citigroup
Scott Gruber63%
$69 → $65MaintainsNeutralGet Alert
05/16/2024Buy Now41.21%Truist Securities
Neal Dingmann65%
$84 → $69DowngradeBuy → HoldGet Alert
05/13/2024Buy Now55.53%Mizuho
Nitin Kumar50%
$71 → $76MaintainsNeutralGet Alert
05/09/2024Buy Now39.16%Wells Fargo
Roger Read66%
$70 → $68MaintainsEqual-WeightGet Alert
05/08/2024Buy Now45.3%Mizuho
Nitin Kumar50%
$70 → $71MaintainsNeutralGet Alert
04/22/2024Buy Now65.76%Susquehanna
Biju Perincheril45%
$70 → $81MaintainsPositiveGet Alert
04/11/2024Buy Now84.18%Scotiabank
Paul Cheng54%
$63 → $90UpgradeSector Perform → Sector OutperformGet Alert
04/11/2024Buy Now43.25%Wells Fargo
Roger Read66%
$62 → $70MaintainsEqual-WeightGet Alert
04/11/2024Buy Now43.25%Mizuho
Nitin Kumar50%
$69 → $70MaintainsNeutralGet Alert
04/10/2024Buy Now49.39%Barclays
Betty Jiang53%
→ $73Initiates → Equal-WeightGet Alert
04/05/2024Buy Now71.9%Truist Securities
Neal Dingmann65%
$77 → $84MaintainsBuyGet Alert
03/28/2024Buy Now47.34%Morgan Stanley
Devin McDermott81%
$66 → $72MaintainsOverweightGet Alert
03/22/2024Buy Now41.21%Mizuho
Nitin Kumar50%
$63 → $69MaintainsNeutralGet Alert
02/16/2024Buy Now26.88%Wells Fargo
Roger Read66%
$59 → $62MaintainsEqual-WeightGet Alert
02/16/2024Buy Now57.58%Truist Securities
Neal Dingmann65%
$80 → $77MaintainsBuyGet Alert
02/15/2024Buy Now51.44%Stephens & Co.
Mike Scialla54%
$74 → $74ReiteratesOverweight → OverweightGet Alert
01/24/2024Buy Now39.16%Raymond James
John Freeman79%
$70 → $68MaintainsStrong BuyGet Alert
01/03/2024Buy Now28.93%Mizuho
Nitin Kumar50%
→ $63DowngradeBuy → NeutralGet Alert
12/13/2023Buy Now43.25%Raymond James
John Freeman79%
$84 → $70MaintainsStrong BuyGet Alert
12/12/2023Buy Now59.62%Truist Securities
Neal Dingmann65%
$80 → $78MaintainsBuyGet Alert
12/11/2023Buy Now39.16%Morgan Stanley
Devin McDermott81%
→ $68UpgradeEqual-Weight → OverweightGet Alert
12/08/2023Buy Now49.39%JP Morgan
John Royall55%
$78 → $73MaintainsNeutralGet Alert
11/29/2023Buy Now39.16%Morgan Stanley
Devin McDermott81%
$62 → $68MaintainsEqual-WeightGet Alert
11/13/2023Buy Now59.62%JP Morgan
Phil Gresh61%
$81 → $78MaintainsNeutralGet Alert
11/10/2023Buy NowWolfe Research
Josh Silverstein56%
DowngradeOutperform → Peer PerformGet Alert
10/18/2023Buy Now59.62%Susquehanna
Biju Perincheril45%
$72 → $78MaintainsPositiveGet Alert
10/12/2023Buy Now51.44%Stephens & Co.
Mike Scialla54%
→ $74ReiteratesOverweight → OverweightGet Alert
10/04/2023Buy Now51.44%UBS
Josh Silverstein56%
$72 → $74MaintainsNeutralGet Alert
09/18/2023Buy Now55.53%Mizuho
Nitin Kumar50%
$75 → $76MaintainsBuyGet Alert
09/12/2023Buy Now22.79%Roth MKM
Leo Mariani88%
→ $60ReiteratesNeutral → NeutralGet Alert
08/18/2023Buy Now26.88%Morgan Stanley
Devin McDermott81%
$60 → $62MaintainsEqual-WeightGet Alert
08/17/2023Buy Now47.34%UBS
Josh Silverstein56%
$63 → $72MaintainsNeutralGet Alert
08/16/2023Buy Now63.72%Truist Securities
Neal Dingmann65%
→ $80ReiteratesBuy → BuyGet Alert
08/16/2023Buy Now22.79%Roth MKM
Leo Mariani88%
→ $60ReiteratesNeutral → NeutralGet Alert
08/16/2023Buy Now41.21%Stephens & Co.
Mike Scialla54%
→ $69ReiteratesOverweight → OverweightGet Alert
08/16/2023Buy Now53.48%Mizuho
Nitin Kumar50%
$68 → $75MaintainsBuyGet Alert
08/07/2023Buy Now63.72%Truist Securities
Neal Dingmann65%
$74 → $80MaintainsBuyGet Alert
07/24/2023Buy Now53.48%Raymond James
John Freeman79%
$80 → $75MaintainsStrong BuyGet Alert
07/21/2023Buy Now47.34%Susquehanna
Biju Perincheril45%
$75 → $72MaintainsPositiveGet Alert
07/18/2023Buy Now22.79%Morgan Stanley
Devin McDermott81%
$63 → $60MaintainsEqual-WeightGet Alert
07/18/2023Buy Now41.21%Stephens & Co.
Mike Scialla54%
$72 → $69MaintainsOverweightGet Alert
07/11/2023Buy Now26.88%Citigroup
Scott Gruber63%
→ $62ReiteratesNeutral → NeutralGet Alert
06/30/2023Buy Now47.34%Stephens & Co.
Mike Scialla54%
→ $72Initiates → OverweightGet Alert
06/13/2023Buy Now26.88%Piper Sandler
Ryan Todd70%
$61 → $62MaintainsNeutralGet Alert
06/06/2023Buy Now67.81%Truist Securities
Neal Dingmann65%
$85 → $82MaintainsBuyGet Alert
05/19/2023Buy Now37.11%Mizuho
Nitin Kumar50%
$79 → $67MaintainsBuyGet Alert
05/18/2023Buy Now24.83%Piper Sandler
Ryan Todd70%
$62 → $61MaintainsNeutralGet Alert
05/11/2023Buy Now30.97%Wells Fargo
Roger Read66%
$65 → $64MaintainsEqual-WeightGet Alert
05/11/2023Buy Now73.95%Truist Securities
Neal Dingmann65%
$86 → $85MaintainsBuyGet Alert
05/10/2023Buy Now26.88%Piper Sandler
Ryan Todd70%
→ $62MaintainsNeutralGet Alert
04/21/2023Buy Now63.72%Raymond James
John Freeman79%
$75 → $80MaintainsStrong BuyGet Alert
04/21/2023Buy Now53.48%Susquehanna
Biju Perincheril45%
$72 → $75MaintainsPositiveGet Alert
04/21/2023Buy Now57.58%Goldman Sachs
Neil Mehta69%
$68 → $77MaintainsBuyGet Alert
04/19/2023Buy Now28.93%Morgan Stanley
Devin McDermott81%
$62 → $63MaintainsEqual-WeightGet Alert
04/19/2023Buy Now39.16%UBS
Josh Silverstein56%
→ $68Initiates → NeutralGet Alert
04/12/2023Buy Now35.07%Citigroup
Scott Gruber63%
$63 → $66MaintainsNeutralGet Alert
04/10/2023Buy Now61.67%Mizuho
Nitin Kumar50%
$83 → $79MaintainsBuyGet Alert
03/31/2023Buy Now53.48%Raymond James
John Freeman79%
$80 → $75MaintainsStrong BuyGet Alert
03/28/2023Buy Now43.25%TD Cowen
David Deckelbaum31%
$63 → $70UpgradeMarket Perform → OutperformGet Alert

FAQ

Q

What is the target price for Occidental Petroleum (OXY) stock?

A

The latest price target for Occidental Petroleum (NYSE:OXY) was reported by Citigroup on March 17, 2025. The analyst firm set a price target for $51.00 expecting OXY to rise to within 12 months (a possible 4.37% upside). 53 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Occidental Petroleum (OXY)?

A

The latest analyst rating for Occidental Petroleum (NYSE:OXY) was provided by Citigroup, and Occidental Petroleum maintained their neutral rating.

Q

When was the last upgrade for Occidental Petroleum (OXY)?

A

The last upgrade for Occidental Petroleum Corp happened on April 11, 2024 when Scotiabank raised their price target to $90. Scotiabank previously had a sector perform for Occidental Petroleum Corp.

Q

When was the last downgrade for Occidental Petroleum (OXY)?

A

The last downgrade for Occidental Petroleum Corp happened on March 10, 2025 when Raymond James changed their price target from $81 to $64 for Occidental Petroleum Corp.

Q

When is the next analyst rating going to be posted or updated for Occidental Petroleum (OXY)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Occidental Petroleum, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Occidental Petroleum was filed on March 17, 2025 so you should expect the next rating to be made available sometime around March 17, 2026.

Q

Is the Analyst Rating Occidental Petroleum (OXY) correct?

A

While ratings are subjective and will change, the latest Occidental Petroleum (OXY) rating was a maintained with a price target of $56.00 to $51.00. The current price Occidental Petroleum (OXY) is trading at is $48.87, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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