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Occidental Petroleum (OXY) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

OXY Stock Forecast

Occidental Petroleum (OXY) stock forecast, based on 42 Wall Street analysts, predicts a 12-month average price target of $59.40, with a high of $77.00 and a low of $51.00. This represents a 57.14% increase from the last price of $37.80.

$35 $44 $53 $62 $71 $80 High: $77 Avg: $59.4 Low: $51 Last Closed Price: $37.8

OXY Stock Rating

Occidental Petroleum stock's rating consensus is Hold, based on 42 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 20 Buy (47.62%), 21 Hold (50.00%), 1 Sell (2.38%), and 0 Strong Sell (0.00%).

Hold
Total 42 1 21 20 Strong Sell Sell Hold Buy Strong Buy

OXY Price Target Upside V Benchmarks

TypeNameUpside
StockOccidental Petroleum57.14%
SectorEnergy Stocks 42.69%
IndustryOil & Gas Exploration & Production Stocks51.01%

Price Target Trends

1M3M12M
# Anlaysts1213
Avg Price Target$58.00$56.00$65.46
Last Closing Price$37.80$37.80$37.80
Upside/Downside53.44%48.15%73.17%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 2554171128
Mar, 2555171129
Feb, 2555171129
Jan, 2545181-28
Dec, 2445181-28
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Mar 26, 2025Devin McDermottMorgan Stanley$58.00$50.0415.91%53.44%
Jan 23, 2025Leo MarianiRoth Capital$54.00$50.347.27%42.86%
Dec 19, 2024Ryan ToddPiper Sandler$51.00$48.056.14%34.92%
Oct 18, 2024Biju PerincherilSusquehanna$77.00$51.7248.88%103.70%
Oct 17, 2024Jean Ann SalisburyBank of America Securities$57.00$51.2611.20%50.79%
Oct 16, 2024Nitin KumarMizuho Securities$72.00$51.5639.64%90.48%
Oct 10, 2024Paul ChengScotiabank$65.00$53.9020.59%71.96%
Oct 02, 2024Betty JiangBarclays$58.00$53.258.92%53.44%
Aug 18, 2024Betty JiangBarclays$67.00$57.6116.30%77.25%
Jul 22, 2024Mike SciallaStephens$76.00$61.2124.16%101.06%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Mar 26, 2025Morgan StanleyOverweightOverweighthold
Mar 10, 2025Piper SandlerNeutralNeutralhold
Feb 21, 2025Wells FargoEqual-WeightEqual-Weighthold
Jan 31, 2025Goldman SachsBuySelldowngrade
Jan 22, 2025Morgan StanleyOverweightOverweighthold
Jan 03, 2025Wolfe ResearchOutperformOutperformhold
Dec 19, 2024Piper SandlerNeutralNeutralhold
Oct 18, 2024SusquehannaPositivePositivehold
Oct 10, 2024ScotiabankOutperformOutperformhold
Oct 02, 2024BarclaysEqual-WeightEqual-Weighthold

Financial Forecast

EPS Forecast

$-15 $-9 $-3 $3 $9 $15 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-14.73$2.48$13.41$4.22-----
Avg Forecast$-3.67$2.14$9.68$3.70$3.40$3.49$4.02$4.03$3.99
High Forecast$-3.19$2.29$10.17$3.98$3.61$5.26$5.61$4.65$4.25
Low Forecast$-3.92$1.86$8.84$3.55$3.18$1.29$1.90$3.41$3.52
Surprise %301.36%15.89%38.53%14.05%-----

Revenue Forecast

$15B $20B $25B $30B $35B $40B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$17.81B$25.96B$36.63B$28.26B$26.73B----
Avg Forecast$17.22B$25.42B$37.21B$28.26B$27.21B$28.69B$29.65B$29.54B$29.25B
High Forecast$18.14B$26.78B$38.66B$28.55B$27.34B$29.64B$29.86B$31.00B$30.70B
Low Forecast$15.51B$22.90B$34.74B$27.85B$27.07B$27.93B$29.43B$26.84B$26.58B
Surprise %3.44%2.11%-1.56%-0.02%-1.79%----

Net Income Forecast

$-20B $-13B $-6B $1B $8B $15B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-13.53B$2.32B$13.30B$4.70B$2.38B----
Avg Forecast$-13.84B$2.06B$9.66B$3.75B$3.26B$3.50B$4.11B$4.46B$3.84B
High Forecast$-11.07B$2.20B$11.59B$4.50B$3.47B$5.06B$5.39B$4.47B$4.08B
Low Forecast$-16.61B$1.79B$7.73B$3.00B$3.05B$1.24B$1.83B$3.28B$3.38B
Surprise %-2.23%12.93%37.74%25.23%-27.13%----

OXY Forecast FAQ

Is Occidental Petroleum stock a buy?

Occidental Petroleum stock has a consensus rating of Hold, based on 42 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 20 Buy, 21 Hold, 1 Sell, and 0 Strong Sell, reflecting a consensus that Occidental Petroleum is a neutral investment for most analysts.

What is Occidental Petroleum's price target?

Occidental Petroleum's price target, set by 42 Wall Street analysts, averages $59.4 over the next 12 months. The price target range spans from $51 at the low end to $77 at the high end, suggesting a potential 57.14% change from the previous closing price of $37.8.

How does Occidental Petroleum stock forecast compare to its benchmarks?

Occidental Petroleum's stock forecast shows a 57.14% upside, outperforming the average forecast for the energy stocks sector (42.69%) and outperforming the oil & gas exploration & production stocks industry (51.01%).

What is the breakdown of analyst ratings for Occidental Petroleum over the past three months?

  • April 2025: 17.86% Strong Buy, 14.29% Buy, 60.71% Hold, 3.57% Sell, 3.57% Strong Sell.
  • March 2025: 17.24% Strong Buy, 17.24% Buy, 58.62% Hold, 3.45% Sell, 3.45% Strong Sell.
  • February 2025: 17.24% Strong Buy, 17.24% Buy, 58.62% Hold, 3.45% Sell, 3.45% Strong Sell.

What is Occidental Petroleum’s EPS forecast?

Occidental Petroleum's average annual EPS forecast for its fiscal year ending in December 2025 is $3.49, marking a 0% decrease from the reported $0 in 2024. Estimates for the following years are $4.02 in 2026, $4.03 in 2027, and $3.99 in 2028.

What is Occidental Petroleum’s revenue forecast?

Occidental Petroleum's average annual revenue forecast for its fiscal year ending in December 2025 is $28.69B, reflecting a 7.36% increase from the reported $26.72B in 2024. The forecast for 2026 is $29.65B, followed by $29.54B for 2027, and $29.26B for 2028.

What is Occidental Petroleum’s net income forecast?

Occidental Petroleum's net income forecast for the fiscal year ending in December 2025 stands at $3.5B, representing an 47.26% increase from the reported $2.38B in 2024. Projections indicate $4.11B in 2026, $4.46B in 2027, and $3.84B in 2028.