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Occidental Petroleum (OXY): analyst forecast and price target

$62.38 +2.82% close 16.10.26 · market cap $60.6B · Energy · Oil & Gas Exploration & Production SPY 0.07%
Price targets and ratings of

Analyst consensus

Moderate Buy

7 Buy9 Hold0 Sell

Ratings of 16 analysts in the last 3 months · top analysts only

12-month forecast

$68.62+10.0% upside

Based on 16 price targets given in the last 3 months, the average target is $68.62, the highest $82.00, the lowest $58.00. The average is +10.0% from the last price of $62.38.

$40.00$60.00$80.00Jan 26AprJulOctJan 27AprJulOctHigh$82.00Average$68.62Low$58.00
Highest target $82.00 Average target $68.62 Lowest target $58.00
AnalystFirmPrice target RatingUpsideAction Date Move vs SPY
Lloyd Byrne★★★★★★★★★★#307 · hits 58% · avg +18.7% Jefferies $59.00 → $60.00+1.7% Hold −3.8% Reiterated 17.10.26on TipRanks 09:00 after the close
Arun Jayaram★★★★★★★★★★#1023 · hits 59% · avg +8.0% J.P. Morgan $64.00 → $70.00+9.4% Hold +12.2% Reiterated 16.10.26on TipRanks Oct 17 08:15 +3.9%
Leo Mariani★★★★★★★★★★#39 · hits 70% · avg +27.8% Roth MKM $55.00 → $70.00+27.3% Buy +12.2% Upgrade 16.10.26on TipRanks 12:50 +3.9%
Betty Jiang★★★★★★★★★★#3670 · hits 49% · avg +3.3% Barclays $71.00 Buy +13.8% Reiterated 16.10.26on TipRanks 05:15 +3.9%
Devin McDermott★★★★★★★★★★#719 · hits 59% · avg +9.9% Morgan Stanley $71.00 → $69.00−2.8% Hold +10.6% Assigned 15.10.26on TipRanks 08:40 −1.5%next day +3.9%
Gabriel Daoud★★★★★★★★★★#12169 · hits 41% · avg −9.8% Truist Financial $63.00 → $64.00+1.6% Hold +2.6% Reiterated 15.10.26on TipRanks 08:31 −1.5%next day +3.9%
Mark Lear★★★★★★★★★★#1201 · hits 58% · avg +7.2% Piper Sandler $63.00 Hold +1.0% Initiated 14.10.26on TipRanks Oct 15 04:00 +0.7%next day −1.5%
Josh Silverstein★★★★★★★★★★#630 · hits 61% · avg +10.8% UBS $67.00 → $73.00+9.0% Hold +17.0% Assigned 14.10.26on TipRanks 07:55 +0.7%next day −1.5%
Phillip Jungwirth★★★★★★★★★★#1299 · hits 52% · avg +8.6% BMO Capital $68.00 Hold +9.0% Reiterated 14.10.26on TipRanks 07:35 +0.7%next day −1.5%
Sam Margolin★★★★★★★★★★#313 · hits 72% · avg +15.5% Wells Fargo $82.00 Buy +31.5% Reiterated 14.10.26on TipRanks 07:00 +0.7%next day −1.5%
Leo Mariani★★★★★★★★★★#39 · hits 70% · avg +27.8% Roth MKM $55.00 Hold −11.8% Reiterated 13.10.26on TipRanks 11:38 +0.9%next day +0.7%
Betty Jiang★★★★★★★★★★#3670 · hits 49% · avg +3.3% Barclays $71.00 Buy +13.8% Reiterated 05.10.26on TipRanks 04:55 −0.3%next day −0.5% · 5 days +4.4%
Neil Mehta★★★★★★★★★★#490 · hits 63% · avg +11.2% Goldman Sachs $63.00 → $69.00+9.5% Buy +10.6% Upgrade 30.09.26on TipRanks Oct 1 05:45 +0.9%next day +4.4% · 5 days +3.3%
Josh Silverstein★★★★★★★★★★#630 · hits 61% · avg +10.8% UBS $59.00 → $67.00+13.6% Hold +7.4% Assigned 15.09.26on TipRanks Sep 14 05:55 +1.0%next day +3.3% · 5 days −9.2%
Sam Margolin★★★★★★★★★★#313 · hits 72% · avg +15.5% Wells Fargo $79.00 → $82.00+3.8% Buy +31.5% Reiterated 14.09.26on TipRanks 06:30 +1.0%next day +3.3% · 5 days −9.2%
Stephen Richardson★★★★★★★★★★#646 · hits 63% · avg +12.1% Evercore ISI $65.00 → $70.00+7.7% Buy +12.2% Reiterated 11.09.26on TipRanks 08:09 −0.4%next day +1.0% · 5 days −4.2%
David Deckelbaum★★★★★★★★★★#1693 · hits 49% · avg +10.0% TD Cowen $68.00 Hold +9.0% Initiated 10.09.26on TipRanks Sep 11 05:01 +0.8%next day −0.4% · 5 days −3.7%
Unknown Analyst Seaport Global $73.00 Buy +17.0% Initiated 02.09.26on TipRanks Sep 7 04:11 −0.5%next day −1.5% · 5 days +1.8%
Devin McDermott★★★★★★★★★★#719 · hits 59% · avg +9.9% Morgan Stanley $69.00 Hold +10.6% Assigned 20.08.26on TipRanks 08:20 +3.2%next day −0.8% · 5 days −4.9%
Betty Jiang★★★★★★★★★★#3670 · hits 49% · avg +3.3% Barclays $75.00 → $71.00−5.3% Buy +13.8% Reiterated 17.08.26on TipRanks 04:55 +1.6%next day +2.0% · 5 days +3.0%
Pei Hwa Ho★★★★★★★★★★#741 · hits 63% · avg +19.4% DBS $58.00 Hold −7.0% Reiterated 12.08.26on TipRanks 07:10 −1.1%next day −2.1% · 5 days +3.1%
Charles Minervino★★★★★★★★★★#59 · hits 71% · avg +23.0% Susquehanna $67.00 → $70.00+4.5% Buy +12.2% Assigned 11.08.26on TipRanks 07:35 +1.0%next day −1.1% · 5 days +1.7%
Arun Jayaram★★★★★★★★★★#1023 · hits 59% · avg +8.0% J.P. Morgan $60.00 → $64.00+6.7% Hold +2.6% Reiterated 10.08.26on TipRanks Aug 11 08:05 +4.9%next day +1.0% · 5 days +0.7%
Gabriel Daoud★★★★★★★★★★#12169 · hits 41% · avg −9.8% Truist Financial $57.00 → $63.00+10.5% Hold +1.0% Reiterated 10.08.26on TipRanks 07:55 +4.9%next day +1.0% · 5 days +0.7%
Leo Mariani★★★★★★★★★★#39 · hits 70% · avg +27.8% Roth MKM $55.00 Hold −11.8% Assigned 07.08.26on TipRanks Aug 6 08:35 +4.3%next day −0.8% · 5 days +1.7%
Nitin Kumar CFA★★★★★★★★★★#878 · hits 60% · avg +8.3% Mizuho Securities $75.00 → $78.00+4.0% Buy +25.0% Reiterated 06.08.26on TipRanks 07:25 +4.3%next day −0.8% · 5 days +1.7%
Neil Mehta★★★★★★★★★★#490 · hits 63% · avg +11.2% Goldman Sachs $60.00 Hold −3.8% Reiterated 05.08.26on TipRanks Aug 6 10:58 −2.1%next day +4.3% · 5 days +8.5%
Jean Ann Salisbury★★★★★★★★★★#2367 · hits 69% · avg +5.5% Bank of America Securities $59.00 Hold −5.4% Reiterated 28.07.26on TipRanks 06:51 −2.1%next day +5.4% · 5 days −2.0%
Scott Gruber★★★★★★★★★★#383 · hits 60% · avg +15.6% Citi $62.00 → $60.00−3.2% Hold −3.8% Reiterated 17.07.26on TipRanks 06:46 +3.2%next day +0.8% · 5 days +5.0%
Phillip Jungwirth★★★★★★★★★★#1299 · hits 52% · avg +8.6% BMO Capital $65.00 Hold +4.2% Reiterated 14.07.26on TipRanks 08:10 −0.8%next day −1.9% · 5 days +4.0%
Michael Scialla★★★★★★★★★★#10456 · hits 39% · avg −1.1% Stephens $69.00 Buy +10.6% Assigned 14.07.26on TipRanks 07:15 −0.8%next day −1.9% · 5 days +4.0%
Betty Zhang★★★★★★★★★★#2397 · hits 72% · avg +18.6% Scotiabank $57.00 Hold −8.6% Reiterated 06.05.26on TipRanks 07:55 −8.5%next day −1.8% · 5 days +0.8%
John Freeman★★★★★★★★★★#38 · hits 68% · avg +30.1% Raymond James $64.00 → $75.00+17.2% Buy +20.2% Reiterated 04.05.26on TipRanks 09:50 +3.0%next day −2.3% · 5 days −11.5%
Samantha Hoh★★★★★★★★★★#5978 · hits 50% · avg +3.5% HSBC $59.00 → $68.00+15.3% Buy +9.0% Reiterated 20.03.26on TipRanks 05:45 +3.3%next day −1.7% · 5 days +9.8%
Mark Lear★★★★★★★★★★#1201 · hits 58% · avg +7.2% Piper Sandler $54.00 → $66.00+22.2% Buy +5.8% Upgrade 12.03.26on TipRanks 04:12 +6.6%next day −0.3% · 5 days +2.9%
Ryan Todd★★★★★★★★★★#365 · hits 62% · avg +14.6% Piper Sandler $50.00 → $47.00−6.0% Hold −24.7% Reiterated 21.10.25on TipRanks 09:25 −0.3%next day +2.5% · 5 days −2.5%

Every rating the collector has kept for the last 12 months, including the earlier ones of the same analyst. Latest of each analyst

Best analysts covering Occidental Petroleum

TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.

Most accurate

3 months Nitin Kumar CFA★★★★★★★★★★Mizuho Securities · #878
Hits 60%295 of 491 Average return +8.3%
1 year Nitin Kumar CFA★★★★★★★★★★Mizuho Securities · #878
Hits 60%295 of 491 Average return +8.3%
2 years Betty Jiang★★★★★★★★★★Barclays · #3670
Hits 49%152 of 310 Average return +3.3%

Most profitable

3 months Stephen Richardson★★★★★★★★★★Evercore ISI · #646
Hits 63%214 of 342 Average return +12.1%
1 year John Freeman★★★★★★★★★★Raymond James · #38
Hits 68%335 of 495 Average return +30.1%
2 years John Freeman★★★★★★★★★★Raymond James · #38
Hits 68%335 of 495 Average return +30.1%

How the average price target moved

The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 01.10.26: target $67.22 at a price of $55.32 (+21.5%); now: $68.61 at $62.38 (+10.0%).

$55.00$60.00$65.00Sep 15Oct 1Oct 15Top analysts$68.62Average target$68.61Price$62.38

PriceAverage targetTop analysts’ target

Recommendation trend · top analysts

020405324Oct 2517276Nov16267Dec14206Jan 264206Feb8266Mar7285Apr9264May6183Jun18142Jul11013Aug11213Sep1315Oct

Strong BuyBuyHoldSell

Rating05.2606.2607.2608.2609.2610.26
Strong Buy001110
Buy968101213
Hold261814131315
Sell432000

Earnings and sales forecast

Next report: 09.11.26 (Q3 2026, date not confirmed)

Earnings per share

Next quarter’s EPS estimate — $1.39 (from $0.88 to $1.75). Last quarter: $2.40.

Sales

Next quarter’s sales estimate — $6.7B (from $5.9B to $7.4B). Last quarter: $7.1B.

Best top-analyst consensus in the sector · Energy

NESRNational Energy Services Reunited
SEISolaris Energy Infrastructure
TRGPTarga Resources
VNOMViper Energy
WMBWilliams Co
About Occidental Petroleum
  • CEO: Richard A. Jackson
  • Employees: 10,412
  • 5 Greenway Plaza, Houston, TX, 77046-0521, US
  • www.oxy.com

Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States and internationally. It operates through Oil and Gas and Midstream and Marketing. The Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. This segment also optimizes its transportation and storage capacity and invests in entities. The Midstream and Marketing segment purchases, markets, gathers, processes, transports and stores oil, condensate, NGLs, natural gas, carbon dioxide, and power. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas.

Data from the stock’s TipRanks forecast page, read 7 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗