Occidental Petroleum Corporation (OXY)
NYSE: OXY · Real-Time Price · USD
61.30
-0.22 (-0.36%)
At close: Aug 21, 2026, 4:00 PM EDT
61.23
-0.07 (-0.11%)
After-hours: Aug 21, 2026, 7:59 PM EDT

Occidental Petroleum Stock Forecast

Stock Price Forecast

According to 24 analysts polled by S&P Global, Occidental Petroleum stock has a consensus rating of "Buy" and an average price target of $66.48. The average 1-year stock price forecast is 8.45% higher than the current stock price, while the lowest is $55 (-10.28%) and the highest is $79 (+28.87%).

Price Target: $66.48 (+8.45%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$55$66.48$65$79
Change-10.28%+8.45%+6.04%+28.87%

Analyst Ratings

The average analyst rating for Occidental Petroleum stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy666677
Buy212222
Hold151515141415
Sell111110
Strong Sell221100
Total262525242424

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Morgan Stanley
Morgan Stanley
Hold
Reiterates
$69
HoldReiterates$69+12.56%Aug 20, 2026
Barclays
Barclays
Buy
Maintains
$75$71
BuyMaintains$75$71+15.82%Aug 17, 2026
DBS
DBS
Hold
Maintains
$58
HoldMaintains$58-5.38%Aug 12, 2026
J.P. Morgan
J.P. Morgan
Hold
Maintains
$60$64
HoldMaintains$60$64+4.40%Aug 11, 2026
Susquehanna
Susquehanna
Buy
Reiterates
$67$70
BuyReiterates$67$70+14.19%Aug 11, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
26.56B
from 21.59B
Increased by 22.99%
Revenue Next Year
24.19B
from 26.56B
Decreased by -8.91%
EPS This Year
5.76
from 2.21
Increased by 160.42%
EPS Next Year
3.82
from 5.76
Decreased by -33.68%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
25.96B36.63B23.16B22.02B21.59B26.56B
Revenue Growth
45.75%41.14%-36.79%-4.91%-1.94%22.99%
Operating Income
4.38B13.67B4.57B4.36B3.72B9.40B
Net Income
2.32B13.30B4.70B3.06B2.33B8.52B
EPS
----2.215.76
EPS Growth
-----36.13%160.42%
Forward PE
8.708.3613.3316.0522.5810.65
Dividend / Share
0.040.520.720.880.961.04
Dividend Growth
-95.12%1,200.00%38.46%22.22%9.09%8.63%
Free Cash Flow
8.58B9.37B4.17B3.78B2.05B8.20B
No. Analysts
-----9
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High27.8B
Avg26.6B
Low25.6B

Revenue Growth

Revenue Growth202620272028
High
28.6%
Avg
23.0%
Low
18.4%

EPS Forecast

EPS202620272028
High7.34
Avg5.76
Low4.74

EPS Growth

EPS Growth202620272028
High
232.1%
Avg
160.4%
Low
114.3%