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

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OXY Stock Forecast

Occidental Petroleum stock forecast is as follows: an average price target of $62.00 (represents a 26.97% upside from OXY’s last price of $48.83) and a rating consensus of 'Buy', based on 20 wall street analysts offering a 1-year stock forecast.

OXY Price Target

The average price target for Occidental Petroleum (OXY) is $62.00 based on 1-year price targets from 20 Wall Street analysts in the past 3 months, with a price target range of $77.00 to $51.00. This represents a potential 26.97% upside from OXY's last price of $48.83.

OXY Analyst Ratings

Buy

According to 20 Wall Street analysts, Occidental Petroleum's rating consensus is 'Buy'. The analyst rating breakdown for OXY stock is 1 'Strong Buy' (5.00%), 11 'Buy' (55.00%), 7 'Hold' (35.00%), 1 'Sell' (5.00%), and 0 'Strong Sell' (0.00%).

Occidental Petroleum Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jan 23, 2025Leo MarianiRoth Capital$54.00$50.347.27%10.59%
Dec 19, 2024Ryan ToddPiper Sandler$51.00$48.056.14%4.44%
Oct 18, 2024Biju PerincherilSusquehanna$77.00$51.7248.88%57.69%
Oct 17, 2024Jean Ann SalisburyBank of America Securities$57.00$51.2611.20%16.73%
Oct 16, 2024Nitin KumarMizuho Securities$72.00$51.5639.64%47.45%
Oct 10, 2024Paul ChengScotiabank$65.00$53.9020.59%33.11%
Oct 02, 2024Betty JiangBarclays$58.00$53.258.92%18.78%
Aug 18, 2024Betty JiangBarclays$67.00$57.6116.30%37.21%
Jul 22, 2024Mike SciallaStephens$76.00$61.2124.16%55.64%
Jul 22, 2024Neal DingmannTruist Financial$67.00$61.219.46%37.21%
Jul 12, 2024Paul ChengScotiabank$80.00$61.4830.12%63.83%
May 16, 2024Neal DingmannTruist Financial$69.00$63.388.87%41.31%
Apr 11, 2024Nitin KumarMizuho Securities$70.00$68.941.54%43.35%
Apr 11, 2024Paul ChengScotiabank$90.00$68.9430.55%84.31%
Apr 10, 2024Roger ReadWells Fargo$70.00$68.941.54%43.35%
Apr 09, 2024Barclays$73.00$68.556.49%49.50%
Apr 08, 2024Samantha HohHSBC$65.00$69.25-6.14%33.11%
Mar 28, 2024Devin McDermottMorgan Stanley$72.00$64.5011.63%47.45%
Mar 22, 2024Nitin KumarMizuho Securities$69.00$63.818.13%41.31%
Aug 21, 2023Roth MKM RatingsRoth Capital$60.00$64.07-6.35%22.88%
Aug 16, 2023Neal DingmannTruist Financial$80.00$62.5527.90%63.83%
Jul 18, 2023Mike SciallaStephens$69.00$60.2314.57%41.31%
Jan 10, 2023Wells Fargo$67.00$63.735.13%37.21%
Dec 19, 2022Piper Sandler$69.00$62.5310.35%41.31%
Sep 06, 2022Morgan Stanley$76.00$67.2612.99%55.64%
Aug 04, 2022Wells Fargo$59.00$60.99-3.26%20.83%
Jul 28, 2022Jeanine WaiBarclays$79.00$62.9525.50%61.79%
Jul 19, 2022Truist Financial$105.00$60.9972.16%115.03%
Jul 19, 2022Mizuho Securities$84.00$60.8638.02%72.03%
Jul 11, 2022Neil MehtaGoldman Sachs$70.00$59.5217.61%43.35%
Jun 21, 2022Morgan Stanley$74.00$55.6832.90%51.55%
Jun 06, 2022Morgan Stanley$73.00$70.293.86%49.50%
May 31, 2022Mizuho Securities$89.00$73.3521.34%82.27%
May 23, 2022Richard TullisCapital One Financial$85.00$63.2634.37%74.07%
May 12, 2022Wells Fargo$58.00$60.10-3.49%18.78%
May 12, 2022Michael SciallaStifel Nicolaus$86.00$60.1043.09%76.12%
Apr 28, 2022Biju PerincherilSusquehanna$71.00$57.0324.50%45.40%
Apr 26, 2022Neal DingmannTruist Financial$86.00$54.8256.88%76.12%
Apr 25, 2022Raymond James$90.00$56.6258.95%84.31%
Apr 22, 2022Morgan Stanley$70.00$57.0022.82%43.35%
Apr 22, 2022Barclays$74.00$58.3126.91%51.55%
Apr 11, 2022Ryan ToddPiper Sandler$88.00$57.9251.93%80.22%
Apr 10, 2022Michael ScialiaStifel Nicolaus$84.00$61.8035.92%72.03%
Apr 06, 2022Giacomo RomeoJefferies$63.00$56.1012.30%29.02%
Apr 03, 2022Vincent LovaglioMizuho Securities$85.00$58.1146.27%74.07%
Mar 30, 2022John FreemanRaymond James$85.00$57.4847.88%74.07%
Mar 28, 2022Phillip JungwirthBMO Capital$52.00$56.64-8.19%6.49%
Mar 14, 2022Devin McDermottMorgan Stanley$52.00$55.59-6.46%6.49%
Mar 11, 2022Phil GreshJ.P. Morgan$66.00$57.9513.89%35.16%
Mar 11, 2022Roger ReadWells Fargo$51.00$57.95-11.99%4.44%
Mar 10, 2022Doug LeggateBank of America Securities$80.00$58.1337.62%63.83%
Mar 08, 2022Paul ChengScotiabank$57.00$54.474.64%16.73%
Mar 01, 2022John GerdesMKM Partners$50.00$46.687.11%2.40%
Mar 01, 2022Biju PerincherilSusquehanna$52.00$46.6811.40%6.49%
Jan 25, 2022Devin McDermottMorgan Stanley$50.00$36.7735.98%2.40%
Jan 25, 2022Scott GruberCitigroup$40.00$36.689.05%-18.08%
Jan 04, 2022Raphael DuboisSociete Generale$43.00$33.3029.13%-11.94%
Dec 14, 2021Josh SilversteinWolfe Research$42.00$28.6746.49%-13.99%
Nov 05, 2021William JanelaCredit Suisse$28.00$33.33-15.99%-42.66%
Oct 13, 2021David DeckelbaumCowen & Co.$35.00$32.198.73%-28.32%
Jun 30, 2021Lloyd ByrneUBS$24.00$31.17-23.00%-50.85%
May 27, 2021Neil MehtaGoldman Sachs$31.00$25.9819.32%-36.51%

The latest Occidental Petroleum stock forecast, released on Jan 23, 2025 by Leo Mariani from Roth Capital, set a price target of $54.00, which represents a 7.27% increase from the stock price at the time of the forecast ($50.34), and a 10.59% increase from OXY last price ($48.83).

Occidental Petroleum Price Target by Period

1M3M12M
# Anlaysts1219
Avg Price Target$54.00$52.50$68.53
Last Closing Price$48.83$48.83$48.83
Upside/Downside10.59%7.52%40.34%

In the current month, the average price target of Occidental Petroleum stock is $54.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 10.59% increase as opposed to Occidental Petroleum's last price of $48.83. This month's average price target is up 2.86% compared to last quarter, and down -21.20% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Jan 22, 2025Morgan StanleyOverweightOverweightHold
Jan 03, 2025Wolfe ResearchOutperformOutperformHold
Dec 19, 2024Piper SandlerNeutralNeutralHold
Oct 18, 2024SusquehannaPositivePositiveHold
Oct 10, 2024ScotiabankOutperformOutperformHold
Oct 02, 2024BarclaysEqual-WeightEqual-WeightHold
Aug 18, 2024BarclaysEqual-WeightEqual-WeightHold
Jul 22, 2024StephensOverweightOverweightHold
Jul 17, 2024Wolfe ResearchOutperformInitialise
Jul 12, 2024ScotiabankSector PerformSector PerformHold
Jun 21, 2024Wells FargoEqual-WeightEqual-WeightHold
May 24, 2024Morgan StanleyOverweightOverweightHold
Apr 11, 2024CitigroupNeutralNeutralHold
Apr 11, 2024ScotiabankOutperformUpgrade
Apr 10, 2024Wells FargoEqual-WeightEqual-WeightHold
Apr 09, 2024BarclaysOverweightAbove AverageInitialise
Apr 08, 2024HSBCHoldInitialise
Mar 28, 2024Morgan StanleyOverweightOverweightHold
Dec 11, 2023Morgan StanleyEqual-WeightOverweightUpgrade
Oct 18, 2023SusquehannaPositivePositiveHold
Aug 21, 2023Raymond JamesStrong BuyStrong BuyHold
Aug 16, 2023Piper SandlerBuyBuyHold
Apr 10, 2023BenchmarkBuyBuyHold
Mar 28, 2023Cowen & Co.OutperformUpgrade
Feb 27, 2023Evercore PartnersReduceDowngrade
Feb 14, 2023Goldman SachsNeutralBuyUpgrade
Jan 10, 2023Wells FargoEqual-WeightEqual-WeightHold
Jan 08, 2023Bank of America SecuritiesBuyUpgrade
Dec 19, 2022Piper SandlerNeutralNeutralHold
Dec 14, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Dec 07, 2022BarclaysOverweightOverweightHold
Nov 17, 2022CitigroupNeutralNeutralHold
Nov 14, 2022Wells FargoEqual-WeightMixedUpgrade
Nov 14, 2022Wells FargoUnderweightEqual-WeightUpgrade
Sep 12, 2022Prescience PointBuyDowngrade
Sep 12, 2022CitigroupNeutralDowngrade
Sep 06, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Aug 04, 2022Wells FargoUnderweightUnderweightHold
Jul 28, 2022BarclaysOverweightOverweightHold
Jul 11, 2022Goldman SachsBuyNeutralDowngrade
Jul 05, 2022Goldman SachsBuyBuyHold
Jun 06, 2022Morgan StanleyEqual-WeightEqual-WeightHold
May 12, 2022Wells FargoUnderweightUnderweightHold
Apr 29, 2022CFRABuyUpgrade
Apr 28, 2022SusquehannaPositivePositiveHold
Apr 11, 2022Piper SandlerOverweightUpgrade
Apr 06, 2022JefferiesHoldHoldHold
Mar 30, 2022Raymond JamesStrong BuyStrong BuyHold
Mar 28, 2022BMO CapitalMarket PerformMarket PerformHold
Mar 14, 2022Morgan StanleyOverweightEqual-WeightDowngrade
Feb 28, 2022Wells FargoUnderweightUnderweightHold
Jan 25, 2022Morgan StanleyOverweightOverweightHold
Jan 05, 2022Wells FargoUnderweightDowngrade

Occidental Petroleum's last stock rating was published by Morgan Stanley on Jan 22, 2025. The company gave OXY a "Overweight" rating, the same as its previous rate.

Occidental Petroleum Financial Forecast

Occidental Petroleum Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$7.17B$7.16B$6.70B$7.22B$8.22B$9.39B$10.68B$8.35B$7.91B$6.79B$5.96B$5.29B$4.16B$4.11B$2.93B$6.41B$6.28B$5.69B
Avg Forecast$7.66B$7.60B$7.48B$7.44B$7.42B$7.28B$7.06B$7.08B$6.99B$7.12B$6.74B$6.58B$6.93B$7.08B$6.92B$7.46B$8.53B$9.26B$9.77B$7.78B$7.19B$6.45B$5.87B$4.79B$4.32B$4.22B$3.87B$5.16B$6.26B$5.63B
High Forecast$8.13B$8.06B$7.93B$7.89B$7.87B$7.72B$7.49B$7.50B$7.15B$7.38B$6.84B$6.65B$7.35B$7.46B$7.35B$7.91B$8.98B$9.26B$9.77B$7.78B$7.19B$6.45B$5.87B$4.79B$4.32B$4.22B$3.87B$5.16B$6.26B$5.63B
Low Forecast$7.07B$7.01B$6.90B$6.86B$6.85B$6.71B$6.51B$6.85B$6.85B$6.87B$6.64B$6.51B$6.66B$5.88B$6.39B$6.88B$7.64B$9.26B$9.77B$7.78B$7.19B$6.45B$5.87B$4.79B$4.32B$4.22B$3.87B$5.16B$6.26B$5.63B
# Analysts444433356334710998888999999991313
Surprise %------------1.04%1.01%0.97%0.97%0.96%1.01%1.09%1.07%1.10%1.05%1.02%1.11%0.96%0.97%0.76%1.24%1.00%1.01%

Occidental Petroleum's average Quarter revenue forecast for Mar 24 based on 4 analysts is $6.58B, with a low forecast of $6.51B, and a high forecast of $6.65B. OXY's average Quarter revenue forecast represents a -8.28% decrease compared to the company's last Quarter revenue of $7.17B (Dec 23).

Occidental Petroleum EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts444433356334710998888999999991313
EBITDA------------$3.23B$2.66B$3.29B$3.69B$4.42B$5.33B$6.49B$4.70B$4.50B$3.65B$3.01B$2.45B$1.55B$1.70B$992.00M$3.03B$2.69B$2.62B
Avg Forecast$2.58B$2.56B$2.52B$2.50B$2.50B$2.45B$2.38B$2.38B$2.35B$2.40B$2.27B$2.21B$2.33B$2.38B$2.33B$2.51B$3.14B$4.61B$4.86B$3.87B$3.58B$2.37B$2.92B$2.38B$2.15B$2.10B$1.93B$586.13M$3.12B$2.80B
High Forecast$2.74B$2.71B$2.67B$2.66B$2.65B$2.60B$2.52B$2.52B$2.41B$2.48B$2.30B$2.24B$2.47B$2.51B$2.47B$2.66B$3.76B$4.61B$4.86B$3.87B$3.58B$2.84B$2.92B$2.38B$2.15B$2.10B$1.93B$703.35M$3.12B$2.80B
Low Forecast$2.38B$2.36B$2.32B$2.31B$2.30B$2.26B$2.19B$2.31B$2.30B$2.31B$2.24B$2.19B$2.24B$1.98B$2.15B$2.32B$2.51B$4.61B$4.86B$3.87B$3.58B$1.89B$2.92B$2.38B$2.15B$2.10B$1.93B$468.90M$3.12B$2.80B
Surprise %------------1.39%1.12%1.41%1.47%1.41%1.16%1.33%1.21%1.26%1.54%1.03%1.03%0.72%0.81%0.51%5.17%0.86%0.93%

4 analysts predict OXY's average Quarter EBITDA for Mar 24 to be $2.21B, with a high of $2.24B and a low of $2.19B. This is -31.46% lower than Occidental Petroleum's previous annual EBITDA (Dec 23) of $3.23B.

Occidental Petroleum Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts444433356334710998888999999991313
Net Income------------$1.02B$1.38B$860.00M$1.26B$1.73B$2.75B$3.75B$4.88B$1.56B$828.00M$103.00M$-146.00M$-1.11B$-3.58B$-8.13B$-2.01B$-1.14B$-794.00M
Avg Forecast$1.09B$1.11B$1.02B$1.01B$942.87M$845.63M$763.50M$815.64M$675.59M$711.24M$745.46M$5.41B$645.70M$844.64M$696.25M$4.92B$1.11B$2.37B$2.90B$4.47B$1.05B$547.75M$8.62M$-316.74M$-557.45M$-689.30M$-1.61B$-2.36B$-166.94M$355.79M
High Forecast$1.18B$1.20B$1.10B$1.09B$1.02B$912.37M$823.76M$1.26B$836.93M$767.38M$747.58M$6.49B$890.02M$1.22B$751.20M$5.90B$1.33B$2.37B$2.90B$5.36B$1.05B$657.30M$8.62M$-316.74M$-557.45M$-689.30M$-1.61B$-1.89B$-166.94M$355.79M
Low Forecast$983.45M$999.61M$915.97M$911.73M$847.99M$760.54M$686.68M$434.42M$584.84M$639.67M$743.34M$4.33B$497.36M$216.07M$626.19M$3.93B$885.31M$2.37B$2.90B$3.57B$1.05B$438.20M$8.62M$-316.74M$-557.45M$-689.30M$-1.61B$-2.84B$-166.94M$355.79M
Surprise %------------1.58%1.63%1.24%0.26%1.56%1.16%1.29%1.09%1.48%1.51%11.95%0.46%1.99%5.19%5.06%0.85%6.82%-2.23%

Occidental Petroleum's average Quarter net income forecast for Mar 24 is $5.41B, with a range of $4.33B to $6.49B. OXY's average Quarter net income forecast represents a 428.55% increase compared to the company's last Quarter net income of $1.02B (Dec 23).

Occidental Petroleum SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts444433356334710998888999999991313
SG&A------------$307.00M$258.00M$277.00M$241.00M$258.00M$247.00M$244.00M$196.00M$280.00M$240.00M$177.00M$166.00M$209.00M$166.00M$225.00M$260.00M$337.00M$242.00M
Avg Forecast$289.84M$287.43M$282.76M$281.36M$280.82M$275.20M$266.96M$267.94M$264.57M$269.49M$254.96M$226.65M$262.07M$267.64M$261.95M$206.04M$201.60M$350.33M$369.47M$187.31M$272.14M$158.77M$221.93M$181.05M$163.39M$159.58M$146.57M$305.40M$236.83M$213.10M
High Forecast$307.44M$304.88M$299.93M$298.45M$297.87M$291.91M$283.17M$283.53M$270.51M$279.12M$258.60M$271.97M$277.85M$282.14M$277.86M$247.25M$241.92M$350.33M$369.47M$224.77M$272.14M$190.52M$221.93M$181.05M$163.39M$159.58M$146.57M$366.48M$236.83M$213.10M
Low Forecast$267.41M$265.18M$260.88M$259.59M$259.08M$253.90M$246.30M$259.24M$259.00M$259.85M$251.32M$181.32M$251.79M$222.55M$241.68M$164.83M$161.28M$350.33M$369.47M$149.85M$272.14M$127.02M$221.93M$181.05M$163.39M$159.58M$146.57M$244.32M$236.83M$213.10M
Surprise %------------1.17%0.96%1.06%1.17%1.28%0.71%0.66%1.05%1.03%1.51%0.80%0.92%1.28%1.04%1.54%0.85%1.42%1.14%

Occidental Petroleum's average Quarter SG&A projection for Mar 24 is $226.65M, based on 4 Wall Street analysts, with a range of $181.32M to $271.97M. The forecast indicates a -26.17% fall compared to OXY last annual SG&A of $307.00M (Dec 23).

Occidental Petroleum EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts444433356334710998888999999991313
EPS------------$1.16$1.30$0.68$1.08$1.90$2.74$3.76$4.96$1.67$0.67$-0.10$-0.37$-1.41$-4.07$-9.12$-2.49$-1.50$-1.08
Avg Forecast$1.14$1.16$1.06$1.06$0.98$0.88$0.80$0.85$0.70$0.74$0.78$0.58$0.67$0.88$0.73$1.24$1.81$2.48$3.03$1.97$1.10$0.66$0.01$-0.33$-0.58$-0.72$-1.68$-0.63$-0.17$0.37
High Forecast$1.23$1.25$1.15$1.14$1.06$0.95$0.86$1.31$0.87$0.80$0.78$0.58$0.93$1.27$0.78$1.34$1.88$2.48$3.03$1.97$1.10$0.66$0.01$-0.33$-0.58$-0.72$-1.68$-0.63$-0.17$0.37
Low Forecast$1.03$1.04$0.96$0.95$0.88$0.79$0.72$0.45$0.61$0.67$0.78$0.58$0.52$0.23$0.65$1.12$1.73$2.48$3.03$1.97$1.10$0.66$0.01$-0.33$-0.58$-0.72$-1.68$-0.63$-0.17$0.37
Surprise %------------1.72%1.48%0.94%0.87%1.05%1.11%1.24%2.52%1.52%1.02%-11.12%1.12%2.43%5.66%5.44%3.95%8.62%-2.91%

According to 4 Wall Street analysts, Occidental Petroleum's projected average Quarter EPS for Mar 24 is $0.58, with a low estimate of $0.58 and a high estimate of $0.58. This represents a -50.28% decrease compared to OXY previous annual EPS of $1.16 (Dec 23).

Occidental Petroleum Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
DVNDevon Energy$35.07$50.5044.00%Buy
COPConocoPhillips$101.56$140.0037.85%Buy
FANGDiamondback Energy$170.86$223.8231.00%Buy
PRPermian Resources$15.11$19.6029.72%Buy
OXYOccidental Petroleum$48.83$62.0026.97%Buy
APAAPA$23.18$26.9016.05%Buy
CTRACoterra Energy$28.24$32.5015.08%Buy
EOGEOG Resources$130.23$146.4312.44%Buy

OXY Forecast FAQ

Is Occidental Petroleum a good buy?

Yes, according to 20 Wall Street analysts, Occidental Petroleum (OXY) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 11 'Buy' recommendations, accounting for 60.00% of OXY's total ratings.

What is OXY's price target?

Occidental Petroleum (OXY) average price target is $62 with a range of $51 to $77, implying a 26.97% from its last price of $48.83. The data is based on 20 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Occidental Petroleum stock go up soon?

According to Wall Street analysts' prediction for OXY stock, the company can go up by 26.97% (from the last price of $48.83 to the average price target of $62), up by 57.69% based on the highest stock price target, and up by 4.44% based on the lowest stock price target.

Can Occidental Petroleum stock reach $70?

OXY's highest twelve months analyst stock price target of $77 supports the claim that Occidental Petroleum can reach $70 in the near future.

What is Occidental Petroleum's current price target trend?

1 Wall Street analyst forecast a $54 price target for Occidental Petroleum (OXY) this month, up 10.59% from its last price of $48.83. Compared to the last 3 and 12 months, the average price target increased by 7.52% and increased by 40.34%, respectively.

What are Occidental Petroleum's analysts' financial forecasts?

Occidental Petroleum's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $28.84B (high $30.57B, low $26.93B), average EBITDA is $9.71B (high $10.29B, low $9.06B), average net income is $3.37B (high $4.01B, low $2.73B), average SG&A $1.09B (high $1.16B, low $1.02B), and average EPS is $3.51 (high $4.18, low $2.85). OXY's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $30.17B (high $32.01B, low $27.84B), average EBITDA is $10.15B (high $10.77B, low $9.37B), average net income is $4.24B (high $4.57B, low $3.81B), average SG&A $1.14B (high $1.21B, low $1.05B), and average EPS is $4.42 (high $4.77, low $3.97).

Did the OXY's actual financial results beat the analysts' financial forecasts?

Based on Occidental Petroleum's last annual report (Dec 2023), the company's revenue was $28.26B, which missed the average analysts forecast of $28.39B by -0.46%. Apple's EBITDA was $13.95B, beating the average prediction of $9.55B by 46.04%. The company's net income was $3.75B, missing the average estimation of $7.1B by -47.20%. Apple's SG&A was $1.08B, beating the average forecast of $997.7M by 8.55%. Lastly, the company's EPS was $4.22, beating the average prediction of $3.52 by 19.78%. In terms of the last quarterly report (Dec 2023), Occidental Petroleum's revenue was $7.17B, beating the average analysts' forecast of $6.93B by 3.52%. The company's EBITDA was $3.23B, beating the average prediction of $2.33B by 38.54%. Occidental Petroleum's net income was $1.02B, beating the average estimation of $645.7M by 58.43%. The company's SG&A was $307M, beating the average forecast of $262.07M by 17.15%. Lastly, the company's EPS was $1.16, beating the average prediction of $0.673 by 72.27%