Occidental Petroleum (OXY)
(Delayed Data from NYSE)
$47.59 USD
+1.22 (2.63%)
Updated Feb 4, 2025 04:00 PM ET
After-Market: $47.47 -0.12 (-0.25%) 7:58 PM ET
3-Hold of 5 3
A Value D Growth A Momentum B VGM
Occidental Petroleum (OXY) Price Targets
| Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
|---|---|---|---|
| $60.16 | $81.00 | $45.00 | 29.74% |
Find the top stocks with the greatest target price potential and Zacks Rank of 1 or 2
Price Target
Based on short-term price targets offered by 25 analysts, the average price target for Occidental Petroleum comes to $60.16. The forecasts range from a low of $45.00 to a high of $81.00. The average price target represents an increase of 29.74% from the last closing price of $46.37.
Analyst Price Targets (25)
Broker Rating
Occidental Petroleum currently has an average brokerage recommendation (ABR) of 2.65 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 27 brokerage firms. The current ABR compares to an ABR of 2.57 a month ago based on 27 recommendations.
Of the 27 recommendations deriving the current ABR, six are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 22.22% and 3.7% of all recommendations. A month ago, Strong Buy made up 22.22%, while Buy represented 3.7%.
Broker Rating Breakdown
Brokerage Recommendations
| Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 6 | 6 | 6 |
| Buy | 1 | 1 | 1 | 1 | 1 |
| Hold | 18 | 18 | 19 | 18 | 18 |
| Sell | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 2 | 2 | 1 | 1 | 1 |
| ABR | 2.65 | 2.65 | 2.57 | 2.56 | 2.56 |
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 |
|---|---|---|---|---|
| 1/31/2025 | Goldman Sachs | Neil S Mehta | Hold | Strong Sell |
| 1/30/2025 | Not Identified | Not Identified | Hold | Hold |
| 1/28/2025 | Cowen & Co. | David Deckelbaum | Strong Buy | Strong Buy |
| 1/27/2025 | Susquehanna Financial Group | Biju Perincheril | Strong Buy | Strong Buy |
| 1/23/2025 | Raymond James | John C Freeman | Strong Buy | Strong Buy |
| 1/17/2025 | Scotiabank | Paul Y Cheng | Strong Buy | Strong Buy |
| 1/14/2025 | Tudor Pickering Holt & Co. | Matthew M Portillo | Hold | Hold |
| 1/13/2025 | Truist Securities | Neal D Dingmann | Hold | Hold |
| 12/16/2024 | Mizuho SecuritiesUSA | Nitin Kumar | Hold | Hold |
| 12/9/2024 | Wells Fargo Securities | Roger D Read | Hold | Hold |
| 12/9/2024 | UBS | Josh Silverstein | Hold | Hold |
| 11/25/2024 | Not Identified | Not Identified | Hold | Hold |
| 11/21/2024 | Not Identified | Not Identified | Hold | Hold |
| 11/18/2024 | BMO Capital Markets | Phillip J Jungwirth | Hold | Hold |
| 11/18/2024 | Capital One Securities | Brian T Velie | Hold | Hold |
| 11/13/2024 | Roth Capital Partners | Leo Mariani | Hold | Hold |
| 11/12/2024 | Not Identified | Not Identified | Hold | Hold |
| 11/1/2024 | Stephens | Michael Scialla | Strong Buy | Strong Buy |
| 10/21/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
| 8/28/2024 | Not Identified | Not Identified | Hold | Hold |
| 8/13/2024 | Argus Research Corp. | William V Selesky | Hold | Hold |
| 8/7/2024 | Evercore Partners | Stephen Richardson | Strong Sell | Strong Sell |
| 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 | 2.65 |
| ABR (Last week) | 2.65 |
| # of Recs in ABR | 27 |
| Average Target Price | $60.16 |
| LT Growth Rate | NA |
| Industry | Oil and Gas - Integrated - United States |
| Industry Rank by ABR | 90 of 251 |
| Current Quarter EPS Est: | 0.67 |
OXY FAQs
Occidental Petroleum Corporation (OXY) currently has an average brokerage recommendation (ABR) of 2.65 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 27 brokerage firms.
The average price target for Occidental Petroleum Corporation (OXY) is $60.16. The current on short-term price targets is based on 25 reports.
The forecasts for Occidental Petroleum Corporation (OXY) range from a low of $45 to a high of $81. The average price target represents a increase of $29.74 from the last closing price of $46.37.
The current UPSIDE for Occidental Petroleum Corporation (OXY) is 29.74%
Based on short-term price targets offered by 25 analysts, the average price target for Occidental Petroleum comes to $60.16. The forecasts range from a low of $45.00 to a high of $81.00. The average price target represents an increase of 29.74% from the last closing price of $46.37.