Occidental Petroleum Corporation (OXY)
NYSE: OXY · Real-Time Price · USD
57.07
+1.12 (2.00%)
At close: Jul 31, 2026, 4:00 PM EDT
57.59
+0.52 (0.91%)
After-hours: Jul 31, 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 $64.52. The average 1-year stock price forecast is 13.05% higher than the current stock price, while the lowest is $55 (-3.63%) and the highest is $75 (+31.42%).

Price Target: $64.52 (+13.05%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$55$64.52$65$75
Change-3.63%+13.05%+13.90%+31.42%

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
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy566667
Buy121222
Hold161515151414
Sell111111
Strong Sell322110
Total262625252424

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Bank of America Securities
Bank of America Securities
Hold
Reiterates
$59
HoldReiterates$59+3.38%Jul 28, 2026
Goldman Sachs
Goldman Sachs
Hold
Maintains
$60
HoldMaintains$60+5.13%Jul 28, 2026
Wells Fargo
Wells Fargo
Buy
Reiterates
$72
BuyReiterates$72+26.16%Jul 21, 2026
Citi
Citi
Hold
Maintains
$62$60
HoldMaintains$62$60+5.13%Jul 17, 2026
J.P. Morgan
J.P. Morgan
Hold
Maintains
$60
HoldMaintains$60+5.13%Jul 16, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
24.74B
from 21.59B
Increased by 14.58%
Revenue Next Year
23.85B
from 24.74B
Decreased by -3.62%
EPS This Year
5.54
from 2.21
Increased by 150.64%
EPS Next Year
3.98
from 5.54
Decreased by -28.10%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
25.96B36.63B23.16B22.02B21.59B24.74B
Revenue Growth
45.75%41.14%-36.79%-4.91%-1.94%14.58%
Operating Income
4.38B13.67B4.57B4.36B3.72B8.00B
Net Income
2.32B13.30B4.70B3.06B2.33B7.19B
EPS
----2.215.54
EPS Growth
-----36.13%150.64%
Forward PE
8.708.3613.3316.0522.5810.30
Dividend / Share
0.040.520.720.880.961.01
Dividend Growth
-1,200.00%38.46%22.22%9.09%4.82%
Free Cash Flow
8.58B9.37B4.17B3.78B2.05B9.22B
No. Analysts
-----9
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High25.9B
Avg24.7B
Low23.6B

Revenue Growth

Revenue Growth202620272028
High
20.2%
Avg
14.6%
Low
9.2%

EPS Forecast

EPS202620272028
High7.19
Avg5.54
Low4.32

EPS Growth

EPS Growth202620272028
High
225.3%
Avg
150.6%
Low
95.5%