Analyst Price Targets — OXY
| Date | Analyst | Firm | Target | Price @ Post | Source | Headline |
|---|---|---|---|---|---|---|
| July 8, 2026 9:20 am | — | Evercore ISI | $65.00 | $51.68 | TheFly | Occidental upgraded to Outperform from In Line at Evercore ISI |
| June 29, 2026 11:46 am | — | Morgan Stanley | $68.00 | $49.99 | TheFly | Occidental price target lowered to $68 from $74 at Morgan Stanley |
| May 27, 2026 10:40 am | — | Mizuho Securities | $75.00 | $57.46 | TheFly | Occidental price target raised to $75 from $72 at Mizuho |
| May 26, 2026 10:55 am | Betty Jiang | Barclays | $72.00 | $58.81 | TheFly | Occidental upgraded to Overweight from Equal Weight at Barclays |
| May 20, 2026 10:37 pm | — | Goldman Sachs | $64.00 | $58.87 | TheFly | Occidental upgraded to Neutral from Sell at Goldman Sachs |
| May 8, 2026 1:13 pm | — | Truist Financial | $57.00 | $54.02 | TheFly | Occidental price target lowered to $57 from $65 at Truist |
| May 7, 2026 12:15 pm | — | UBS | $65.00 | $53.69 | TheFly | Occidental price target lowered to $65 from $67 at UBS |
| May 4, 2026 1:41 pm | — | Raymond James | $75.00 | $59.24 | TheFly | Occidental price target raised to $75 from $64 at Raymond James |
| April 9, 2026 10:27 am | Sam Margolin | Wells Fargo | $72.00 | $58.53 | TheFly | Occidental price target raised to $72 from $69 at Wells Fargo |
| March 12, 2026 10:12 am | Roger Read | Wells Fargo | $69.00 | $55.58 | StreetInsider | Wells Fargo Double Upgrades Occidental Petroleum (OXY) to Overweight |
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Latest News for OXY

Occidental Petroleum is targeting a $550 million reduction in capital spending this year. The company is firming its balance sheet.

OXY's Permian expansion, lower well costs and technology upgrades position it for sustained production growth and long-term value.

Occidental Petroleum (OXY) reached $53.77 at the closing of the latest trading day, reflecting a -1.47% change compared to its last close.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Investors can find opportunities in stocks where declining share prices are pushing valuations below their historical average.
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