Occidental Petroleum (OXY)
(Delayed Data from NYSE)
$50.53 USD
-0.68 (-1.33%)
Updated Nov 8, 2024 04:00 PM ET
After-Market: $50.46 -0.07 (-0.14%) 7:58 PM ET
4-Sell of 5 4
B Value C Growth C Momentum B VGM
View All Zacks #1 Ranked StocksOccidental Petroleum (OXY) Price Targets
| Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
|---|---|---|---|
| $63.84 | $77.00 | $54.00 | 24.66% |
Price Target
Based on short-term price targets offered by 25 analysts, the average price target for Occidental Petroleum comes to $63.84. The forecasts range from a low of $54.00 to a high of $77.00. The average price target represents an increase of 24.66% from the last closing price of $51.21.
Analyst Price Targets (25)
Broker Rating
Occidental Petroleum currently has an average brokerage recommendation (ABR) of 2.56 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 26 brokerage firms. The current ABR compares to an ABR of 2.54 a month ago based on 25 recommendations.
Of the 26 recommendations deriving the current ABR, six are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 23.08% and 3.85% of all recommendations. A month ago, Strong Buy made up 24%, while Buy represented 4%.
Broker Rating Breakdown
Brokerage Recommendations
| Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 6 | 7 | 7 |
| Buy | 1 | 1 | 1 | 0 | 0 |
| Hold | 18 | 18 | 17 | 15 | 15 |
| Sell | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 |
| ABR | 2.56 | 2.56 | 2.54 | 2.48 | 2.48 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
| Date | Brokerage Firm | Analyst | Previous | Current |
|---|---|---|---|---|
| 11/1/2024 | Stephens | Michael Scialla | Strong Buy | Strong Buy |
| 10/22/2024 | Cowen & Co. | David Deckelbaum | Strong Buy | Strong Buy |
| 10/21/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
| 10/21/2024 | Raymond James | John C Freeman | Strong Buy | Strong Buy |
| 10/2/2024 | Goldman Sachs | Neil S Mehta | Not Available | Hold |
| 9/18/2024 | Tudor Pickering Holt & Co. | Matthew M Portillo | Hold | Hold |
| 9/16/2024 | Mizuho SecuritiesUSA | Nitin Kumar | Hold | Hold |
| 9/4/2024 | Susquehanna Financial Group | Biju Perincheril | Strong Buy | Strong Buy |
| 8/28/2024 | Not Identified | Not Identified | Hold | Hold |
| 8/26/2024 | Not Identified | Not Identified | Not Available | Hold |
| 8/20/2024 | UBS | Josh Silverstein | Hold | Hold |
| 8/13/2024 | Argus Research Corp. | William V Selesky | Hold | Hold |
| 8/13/2024 | BMO Capital Markets | Phillip J Jungwirth | Hold | Hold |
| 8/12/2024 | Not Identified | Not Identified | Hold | Hold |
| 8/9/2024 | Not Identified | Not Identified | Hold | Hold |
| 8/9/2024 | Capital One Securities | Brian T Velie | Hold | Hold |
| 8/8/2024 | Roth Capital Partners | Leo Mariani | Hold | Hold |
| 8/7/2024 | Evercore Partners | Stephen Richardson | Strong Sell | Strong Sell |
| 7/16/2024 | Piper Sandler | Ryan M Todd | Hold | Hold |
| 7/12/2024 | Scotiabank | Paul Y Cheng | Strong Buy | Strong Buy |
| 7/12/2024 | Wells Fargo Securities | Roger D Read | Hold | Hold |
| 4/8/2024 | Not Identified | Not Identified | Not Available | Hold |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
| Current ABR | 2.56 |
| ABR (Last week) | 2.56 |
| # of Recs in ABR | 26 |
| Average Target Price | $63.84 |
| LT Growth Rate | NA |
| Industry | Oil and Gas - Integrated - United States |
| Industry Rank by ABR | 218 of 252 |
| Current Quarter EPS Est: | 0.81 |
OXY FAQs
Occidental Petroleum Corporation (OXY) currently has an average brokerage recommendation (ABR) of 2.56 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 26 brokerage firms.
The average price target for Occidental Petroleum Corporation (OXY) is $63.84. The current on short-term price targets is based on 11 reports.
The forecasts for Occidental Petroleum Corporation (OXY) range from a low of $54 to a high of $77. The average price target represents a increase of $26.34 from the last closing price of $50.53.
The current UPSIDE for Occidental Petroleum Corporation (OXY) is 26.34%
Based on short-term price targets offered by 25 analysts, the average price target for Occidental Petroleum comes to $63.84. The forecasts range from a low of $54.00 to a high of $77.00. The average price target represents an increase of 24.66% from the last closing price of $51.21.