Recent Research Analysts’ Ratings Changes for Occidental Petroleum (OXY)

A number of research firms have changed their ratings and price targets for Occidental Petroleum (NYSE: OXY):

• 11/12/2026 – Occidental Petroleum had its “positive” rating reaffirmed by Susquehanna.
• 11/11/2026 – Occidental Petroleum had its price target lowered by Wells Fargo & Company from $82.00 to $76.00. They now have an “overweight” rating on the stock.
• 10/27/2026 – Occidental Petroleum had its price target raised by The Goldman Sachs Group from $69.00 to $76.00. They now have a “buy” rating on the stock.
• 10/27/2026 – Occidental Petroleum is now covered by Piper Sandler. They set a “neutral” rating and a $69.00 price target on the stock.
• 10/20/2026 – Occidental Petroleum had its price target raised by Susquehanna from $70.00 to $77.00. They now have a “positive” rating on the stock.
• 10/19/2026 – Occidental Petroleum had its price target raised by Stephens from $78.00 to $80.00. They now have an “overweight” rating on the stock.
• 10/16/2026 – Occidental Petroleum was upgraded by Roth Capital from “neutral” to “buy”. They now have a $70.00 price target on the stock.
• 10/15/2026 – Occidental Petroleum had its price target raised by Morgan Stanley from $69.00 to $71.00. They now have an “equal weight” rating on the stock.
• 10/15/2026 – Occidental Petroleum had its price target raised by Truist Financial from $63.00 to $64.00. They now have a “hold” rating on the stock.
• 10/14/2026 – Occidental Petroleum had its “market perform” rating reaffirmed by BMO Capital Markets. They now have a $68.00 price target on the stock.
• 10/14/2026 – Occidental Petroleum had its price target raised by UBS Group from $67.00 to $73.00. They now have a “neutral” rating on the stock.
• 10/13/2026 – Occidental Petroleum was upgraded by Weiss Ratings from “hold (c+)” to “buy (b-)”.
• 10/10/2026 – Occidental Petroleum was upgraded by Wall Street Zen from “buy” to “strong-buy”.
• 10/1/2026 – Occidental Petroleum was upgraded by The Goldman Sachs Group from “neutral” to “buy”. They now have a $69.00 price target on the stock, up from $63.00.
• 9/28/2026 – Occidental Petroleum was upgraded by Weiss Ratings from “hold (c)” to “hold (c+)”.
• 9/14/2026 – Occidental Petroleum had its price target raised by Wells Fargo & Company from $79.00 to $82.00. They now have an “overweight” rating on the stock.
• 9/14/2026 – Occidental Petroleum had its price target raised by UBS Group from $59.00 to $67.00. They now have a “neutral” rating on the stock.

Occidental Petroleum Trading Up 2.0%

Occidental Petroleum stock opened at $58.39 on Friday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.13 and a current ratio of 1.38. The business’s 50-day simple moving average is $59.79 and its 200-day simple moving average is $56.56. The firm has a market capitalization of $58.39 billion, a PE ratio of 7.87, a PEG ratio of 0.65 and a beta of 0.16. Occidental Petroleum Corporation has a 52 week low of $38.80 and a 52 week high of $67.45.

Occidental Petroleum (NYSE:OXY) last posted its quarterly earnings data on Monday, November 9th. The oil and gas producer reported $1.91 earnings per share for the quarter, topping the consensus estimate of $1.46 by $0.45. The business had revenue of $6.77 billion during the quarter, compared to analysts’ expectations of $6.82 billion. Occidental Petroleum had a return on equity of 18.55% and a net margin of 32.17%. The firm’s revenue was up 20.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.64 EPS. Equities research analysts forecast that Occidental Petroleum Corporation will post 6.95 earnings per share for the current year.

Occidental Petroleum Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 15th. Stockholders of record on Thursday, December 10th will be issued a dividend of $0.28 per share. The ex-dividend date is Thursday, December 10th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.9%. Occidental Petroleum’s payout ratio is 15.09%.

Occidental Petroleum Corporation is an energy and chemicals company headquartered in Houston, Texas. Its oil and gas business explores for and produces crude oil, natural gas liquids and natural gas, with operations in the United States and international markets, including the Middle East and North Africa. Through its OxyChem business, Occidental manufactures and markets basic chemicals and vinyl products used in applications such as water treatment, construction and consumer goods. The company also develops carbon management and lower-carbon technology projects, including carbon capture and storage.