Occidental Petroleum Corporatio (OXY) is currently trading at $57.50. Based on 23 Wall Street analysts, the average target price is $64.26, implying a 11.8% upside. The consensus recommendation is BUY.

OXY

Occidental Petroleum Corporatio

EnergyOpinion: buy

Opinion Criteria: Based on the consensus of Wall Street analysts. Strong Buy (1.0-1.5), Buy (1.5-2.5), Hold (2.5-3.5), Sell (3.5-4.5), Strong Sell (4.5-5.0).

Price (USD)

$57.50

Consensus target price range

Low–high band from analyst PT changes in the last 3 months; median & sample mean vs current price

LowHigh
$57.00$75.00
Current $57.50
Median: $68.50Mean: $67.50Current: $57.50

Recent price target updates (latest 80)

  • CitigroupJul 17, 2026

    PT action: Lowers

    $62.00 → $60.00

  • Stephens & Co.Jul 14, 2026

    PT action: Lowers

    $73.00 → $69.00

  • Evercore ISI GroupJul 8, 2026

    PT action: Raises

    $58.00 → $65.00

  • Morgan StanleyJun 29, 2026

    PT action: Lowers

    $74.00 → $68.00

  • MizuhoMay 27, 2026

    PT action: Raises

    $72.00 → $75.00

  • BarclaysMay 26, 2026

    PT action: Raises

    $59.00 → $72.00

  • Morgan StanleyMay 22, 2026

    PT action: Raises

    $73.00 → $74.00

  • Truist SecuritiesMay 8, 2026

    PT action: Lowers

    $65.00 → $57.00

  • ScotiabankApr 22, 2026

    PT action: Raises

    $46.00 → $57.00

  • UBSApr 13, 2026

    PT action: Raises

    $64.00 → $67.00

  • Wells FargoApr 9, 2026

    PT action: Raises

    $69.00 → $72.00

  • CitigroupMar 30, 2026

    PT action: Raises

    $45.00 → $67.00

  • Truist SecuritiesMar 24, 2026

    PT action: Announces

    $0.00 → $65.00

  • JP MorganMar 20, 2026

    PT action: Announces

    $0.00 → $63.00

  • HSBCMar 20, 2026

    PT action: Raises

    $59.00 → $68.00

  • MizuhoMar 17, 2026

    PT action: Raises

    $67.00 → $72.00

  • BarclaysMar 16, 2026

    PT action: Raises

    $55.00 → $59.00

  • Wells FargoMar 12, 2026

    PT action: Raises

    $47.00 → $69.00

  • Piper SandlerMar 12, 2026

    PT action: Raises

    $54.00 → $66.00

  • Goldman SachsMar 11, 2026

    PT action: Raises

    $41.00 → $54.00

Band uses only the revised target (Current column) from firm actions dated within the last 3 months—not the Prior price.

Avg Target

$64.26

Based on 23 analysts

Analyst Recommendations

Buy (9)Hold (14)Sell (1)

Upside

+11.76%

Market Cap

$57.19B

Financial & Investment Metrics

Next Earnings Date
Aug 5, 2026D-14
P/E Ratio (TTM)77.70
Forward P/E14.60
P/B Ratio1.86
Dividend Yield1.84%
Return on Equity (ROE)4.05%
Operating Margin17.72%
Debt to Equity41.99
Beta (Volatility)0.15
52 Week Range$38.80 - $67.45
LowCurrent: $57.50High

Latest News

Daily editorial mentioning OXY

Price target moves

BMO Capital Lifts GOOGL and BLK Targets Amidst Broad NFLX Revisions

As of July 20, 2026, the analyst community has been busy recalibrating expectations across key S&P 500 constituents. Most notably, BMO Capital initiated a series of adjustments on July 17, pushing their target for Alphabet (GOOGL) to $455 from $435, while simultaneously raising BlackRock (BLK) to $1300 from $1250.

Revisions this week

The activity was concentrated in the financial and healthcare sectors. Morgan Stanley (MS) saw upward adjustments from both BMO Capital (to $250) and Freedom Broker (to $245), highlighting a firming sentiment toward the banking giant. Healthcare also saw significant movement; UnitedHealth Group (UNH) captured upgrades from Morgan Stanley to $529 and Keybanc to $500.

Conversely, the downward revisions were marked by a heavy concentration in Communication Services. Netflix (NFLX) faced a barrage of target cuts from five different firms, including Goldman Sachs, JP Morgan, and Morgan Stanley, with price targets coalescing around the $83–$94 range.

Ticker Firm Dir Prior→Current
GOOGL BMO Capital Up 435→455
NFLX JP Morgan Down 118→85
ISRG Piper Sandler Down 580→470
MS BMO Capital Up 240→250

What to notice

The divergence in Healthcare targets is particularly striking. While Piper Sandler and Raymond James took a sharper stance on Intuitive Surgical (ISRG), slashing targets to $470 and $483 respectively, other corners of the sector like Elevance Health (ELV) saw Leerink Partners boost their target to $395. This suggests that while broader sector sentiment remains generally positive, specific valuation models for surgical robotics are undergoing a more aggressive reset. You can track these shifting consensus trends on our dedicated moves page.

Sector divergence in tech and energy

The IT and energy sectors saw individual, albeit significant, downward revisions that bucked the broader positive momentum seen in financials. Citigroup’s decision to drop IBM from $375 to $255 represents a substantial recalibration, signaling a move to align with more conservative valuation multiples. Similarly, the energy space saw Occidental Petroleum (OXY) pared back to $60 by Citigroup, reflecting a cooling outlook on price appreciation for the firm relative to its historical consensus.

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Insider Sentiment Index (Last 6 Months)

Counts and listings exclude stock awards, gifts, and option exercises—open-market purchases and sales only.

Buy vs Sell (Count)

Insider Buys: 4Insider Sells: 0

Whale Trades (C-Level Large Buys)

Major insider buying detected recently.

JACKSON RICHARD A. (Chief Executive Officer) - 4,770 shares

Recent Insider Transactions

DateNamePositionTransactionShares
6/23/2026JACKSON RICHARD A.Chief Executive OfficerPurchase at price 52.38 per share.4,770
12/16/2025KLESSE WILLIAM ROBERTDirectorPurchase at price 38.98 per share.5,000
2/7/2025BERKSHIRE HATHAWAY INCBeneficial Owner of more than 10% of a Class of SecurityPurchase at price 46.82 per share.763,017
12/19/2024BERKSHIRE HATHAWAY INCBeneficial Owner of more than 10% of a Class of SecurityPurchase at price 45.55 - 46.92 per share.8,896,890

Frequently Asked Questions

Q. What is the current target price and upside for OXY?

A. The current target price for Occidental Petroleum Corporatio is $64.26, which implies a 11.8% upside from the current price of $57.50. This is based on the consensus of 23 Wall Street analysts.

Q. What is the current analyst recommendation for OXY?

A. Currently, there are 2 Strong Buy, 7 Buy, 14 Hold, 0 Sell, and 1 Strong Sell ratings. The overall consensus is BUY.

Q. Are insiders buying OXY stock recently?

A. Over the past 6 months, there have been 4 insider buys and 0 insider sells. This can be interpreted as a positive signal.

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