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Occidental Petroleum Corp
NYSE:OXY

Watchlist Manager
Occidental Petroleum Corp Logo
Occidental Petroleum Corp
NYSE:OXY
Watchlist
Price: 67.78 USD -0.15% Market Closed
Updated: Apr 29, 2024

Wall Street
Price Targets

OXY Price Targets Summary
Occidental Petroleum Corp

Wall Street analysts forecast OXY stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for OXY is 72.13 USD with a low forecast of 58.58 USD and a high forecast of 94.5 USD.

Lowest
Price Target
58.58 USD
14% Downside
Average
Price Target
72.13 USD
6% Upside
Highest
Price Target
94.5 USD
39% Upside

OXY Last Price Targets
Occidental Petroleum Corp

The latest public price target was made on Apr 11, 2024 by Paul Cheng from Scotiabank , who expects OXY stock to rise by 33% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Paul Cheng
Scotiabank
90 USD
Upside 33%
2 weeks ago
Apr 11, 2024
Scotiabank Upgrades Occidental Petroleum (OXY) to Sector Outperform
StreetInsider
Nitin Kumar
Mizuho Securities
70 USD
Upside 3%
2 weeks ago
Apr 11, 2024
Occidental Petroleum (OXY) PT Raised to $70 at Mizuho
StreetInsider
Roger Read
Wells Fargo
70 USD
Upside 3%
2 weeks ago
Apr 10, 2024
Occidental Petroleum price target raised to $70 from $62 at Wells Fargo
TheFly
Unknown Analyst
Barclays
73 USD
Upside 8%
2 weeks ago
Apr 9, 2024
Barclays Starts Occidental Petroleum (OXY) at Equalweight
StreetInsider
Samantha Hoh
HSBC
65 USD
Downside 4%
3 weeks ago
Apr 8, 2024
HSBC Starts Occidental Petroleum (OXY) at Hold
StreetInsider
Devin McDermott
Morgan Stanley
72 USD
Upside 6%
1 month ago
Mar 28, 2024
Occidental Petroleum price target raised to $72 from $66 at Morgan Stanley
TheFly
Nitin Kumar
Mizuho Securities
69 USD
Upside 2%
1 month ago
Mar 22, 2024
Occidental Petroleum (OXY) PT Raised to $69 at Mizuho
StreetInsider
Roth MKM Ratings
Roth Capital
60 USD
Downside 11%
8 months ago
Aug 21, 2023
This Analyst With 86% Accuracy Rate Sees Over 15% Upside In NVIDIA - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts
Benzinga
Neal Dingmann
Truist Financial
80 USD
Upside 18%
8 months ago
Aug 16, 2023
Occidental Petroleum's Bold $1.1B Move Into DAC: Analyst Deciphers The Future Impact On Revenue And Debt
Benzinga
Mike Scialla
Stephens
69 USD
Upside 2%
9 months ago
Jul 18, 2023
Predicting Occidental Petroleum's Performance In 2023 And 2024: A Closer Look At CFPS Estimates Adjustments
Benzinga
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Paul Cheng
Scotiabank
Price Target 90 USD
Upside/Downside 33%
View Source
Nitin Kumar
Mizuho Securities
Price Target 70 USD
Upside/Downside 3%
View Source
Roger Read
Wells Fargo
Price Target 70 USD
Upside/Downside 3%
View Source
Unknown Analyst
Barclays
Price Target 73 USD
Upside/Downside 8%
View Source
Samantha Hoh
HSBC
Price Target 65 USD
Upside/Downside 4%
View Source
Devin McDermott
Morgan Stanley
Price Target 72 USD
Upside/Downside 6%
View Source
Nitin Kumar
Mizuho Securities
Price Target 69 USD
Upside/Downside 2%
View Source
Roth MKM Ratings
Roth Capital
Price Target 60 USD
Upside/Downside 11%
View Source
Neal Dingmann
Truist Financial
Price Target 80 USD
Upside/Downside 18%
View Source
Mike Scialla
Stephens
Price Target 69 USD
Upside/Downside 2%
View Source
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Occidental Petroleum Corp Competitors:
Price Targets
CVE
Cenovus Energy Inc
5% Upside
SU
Suncor Energy Inc
1% Downside
YPF
YPF SA
64% Downside
601857
PetroChina Co Ltd
11% Downside
TPZ
Topaz Energy Corp
21% Upside
TTE
TotalEnergies SE
2% Upside
GALP
Galp Energia SGPS SA
24% Downside
IMO
Imperial Oil Ltd
8% Downside

Revenue
Forecast

Revenue Estimate
Occidental Petroleum Corp

For the last 8 years the compound annual growth rate for Occidental Petroleum Corp's revenue is 11%. The projected CAGR for the next 3 years is 7%.

11%
Past Growth
7%
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Occidental Petroleum Corp

For the last 8 years the compound annual growth rate for Occidental Petroleum Corp's operating income is 34%. The projected CAGR for the next 3 years is 8%.

34%
Past Growth
8%
Estimated Growth
Estimates Accuracy
-9%
Average Miss

Net Income
Forecast

Net Income Estimate
Occidental Petroleum Corp

The compound annual growth rate of Occidental Petroleum Corp's net income for the next 3 years is 5%.

N/A
Past Growth
5%
Estimated Growth
Estimates Accuracy
14%
Average Beat

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is OXY's stock price target?
Price Target
72.13 USD

According to Wall Street analysts, the average 1-year price target for OXY is 72.13 USD with a low forecast of 58.58 USD and a high forecast of 94.5 USD.

What is Occidental Petroleum Corp's Revenue forecast?
Projected CAGR
7%

For the last 8 years the compound annual growth rate for Occidental Petroleum Corp's revenue is 11%. The projected CAGR for the next 3 years is 7%.

What is Occidental Petroleum Corp's Operating Income forecast?
Projected CAGR
8%

For the last 8 years the compound annual growth rate for Occidental Petroleum Corp's operating income is 34%. The projected CAGR for the next 3 years is 8%.

What is Occidental Petroleum Corp's Net Income forecast?
Projected CAGR
5%

The compound annual growth rate of Occidental Petroleum Corp's net income for the next 3 years is 5%.