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Occidental Petroleum (OXY) Stock Forecast & Price Target

Occidental Petroleum (OXY) Analyst Ratings

Based on 18 analyst ratings
Buy
Strong Buy 17%
Buy 33%
Hold 50%
Sell 0%
Strong Sell 0%

Bulls say

Occidental Petroleum is supported by a sharply improved balance sheet after the CrownRock acquisition, with gross debt falling from a peak of about $29 billion to under $14 billion and net debt to capital near 18%, while additional deleveraging is still expected. Its outlook is also strengthened by resilient operations: 2025 net proved reserves of 4.6 billion barrels of oil equivalent, average production of 1.4 million boe/d, and a portfolio weighted roughly 74% to oil and natural gas liquids, which supports cash generation. Management’s plan to deliver about 85% higher sustainable cash flow at a flat $65 WTI price deck from 2025-29, driven by lower capex, $1.7 billion of corporate cost saves, and efficiency gains, underpins the positive fundamental view.

Bears say

Occidental Petroleum is facing a weaker fundamental backdrop because 2Q international volumes of 205 MBoepd came in 3 MBoepd below the midpoint of guidance, reflecting Middle East conflict disruptions that can pressure operating consistency and cash generation. Its production mix remains heavily exposed to hydrocarbon prices, with 2025 output averaging 1.4 million barrels of oil equivalent per day at 74% oil and NGLs, while the company also plans to raise international spending to $600MM this year from $505MM in 2025, increasing execution risk amid unhedged production. In addition, Stratos has been delayed by non-process component issues and the company is still studying repairs, while broader risks from lower oil and gas prices, higher taxes, CO2 sequestration setbacks, and weaker well productivity could further reduce cash flow and undermine the outlook.

Occidental Petroleum (OXY) has been analyzed by 18 analysts, with a consensus rating of Buy. 17% of analysts recommend a Strong Buy, 33% recommend Buy, 50% suggest Holding, 0% advise Selling, and 0% predict a Strong Sell.

This aggregate rating is based on analysts' research of Occidental Petroleum and is not a guaranteed prediction by Public.com or investment advice.

Occidental Petroleum (OXY) Analyst Forecast & Price Prediction

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FAQs About Occidental Petroleum (OXY) Forecast

Analysts have given Occidental Petroleum (OXY) a Buy based on their latest research and market trends.

According to 18 analysts, Occidental Petroleum (OXY) has a Buy consensus rating as of Oct 30, 2026. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $68.50, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $68.50, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

Occidental Petroleum (OXY)


Occidental Petroleum (OXY) Analyst Forecast & Price Prediction

Get the latest Occidental Petroleum (OXY) stock forecast, including analyst ratings and price predictions, with real-time AI-powered fundamental data and custom analysis

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