OCCIDENTAL PETROLEUM CORP (OXY) Forecast, Price Target & Analyst Ratings

NYSE:OXYUS6745991058

Current stock price

56.87 USD
+1.04 (+1.86%)
At close:
56.77 USD
-0.1 (-0.18%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for OCCIDENTAL PETROLEUM CORP (OXY).

Forecast Snapshot

Consensus Price Target

Price Target
$62.62
+ 10.11% Upside

Next Earnings Forecast

Earnings Estimate
Release Date
May 5, 2026
Period
Q1 / 2026
EPS Estimate
$0.68
Revenue Estimate
5.531B

ChartMill Buy Consensus

Rating
68.75%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
$62.62
Upside
+ 10.11%
From current price of $56.87 to mean target of $62.62, Based on 32 analyst forecasts
Low
$45.45
Median
$65.28
High
$77.70

Price Target Revisions

1 Month
16.92%
3 Months
23.80%

Price Target Summary

32 Wall Street analysts provided a forecast for the next 12 months for OXY. The average price target is 62.62 USD. This implies a price increase of 10.11% is expected in the next year compared to the current price of 56.87.
The average price target has been revised upward by 23.8% in the past 3 months.

Analyst Ratings & History

Current Analyst Ratings

OXY Current Analyst RatingOXY Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 5 10 15

Analyst Ratings History

OXY Historical Analyst RatingsOXY Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 10 20 30

Analyst Ratings Consensus

ChartMill Buy Consensus
68.75%
OXY was analyzed by 32 analysts. The buy percentage consensus is at 69. So analysts seem to be have mildly positive about OXY.
In the previous month the buy percentage consensus was at a similar level.
OXY was analyzed by 32 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-04-13UBSMaintains Neutral -> Neutral
2026-04-09Wells FargoMaintains Overweight -> Overweight
2026-03-30CitigroupMaintains Neutral -> Neutral
2026-03-24Truist SecuritiesInitiate Hold -> Hold
2026-03-20JP MorganUpgrade Underweight -> Neutral
2026-03-20HSBCMaintains Buy -> Buy
2026-03-17MizuhoMaintains Outperform -> Outperform
2026-03-16BarclaysMaintains Equal-Weight -> Equal-Weight
2026-03-12Wells FargoUpgrade Underweight -> Overweight
2026-03-12Piper SandlerUpgrade Neutral -> Overweight
2026-03-11Goldman SachsMaintains Sell -> Sell
2026-03-05UBSMaintains Neutral -> Neutral
2026-03-05Piper SandlerMaintains Neutral -> Neutral
2026-02-23BMO CapitalMaintains Market Perform -> Market Perform
2026-02-23BarclaysMaintains Equal-Weight -> Equal-Weight
2026-02-20UBSMaintains Neutral -> Neutral
2026-02-20SusquehannaMaintains Positive -> Positive
2026-02-20Wells FargoMaintains Underweight -> Underweight
2026-01-28Piper SandlerMaintains Neutral -> Neutral
2026-01-26SusquehannaMaintains Positive -> Positive
2026-01-23Morgan StanleyMaintains Overweight -> Overweight
2026-01-21BarclaysReiterate Equal-Weight
2025-12-12UBSMaintains Neutral -> Neutral
2025-12-11B of A SecuritiesMaintains Neutral -> Neutral
2025-12-08JP MorganDowngrade Neutral -> Underweight

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 5, 2026
Period
Q1 / 2026
EPS Estimate
$0.68
Revenue Estimate
5.531B
Revenue Q2Q
-19.17%
EPS Q2Q
-21.46%
Number of Analysts
25

Next Earnings Revisions

Revenue (1 Month)
7.31%
Revenue (3 Months)
3.85%
EPS (1 Month)
141.68%
EPS (3 Months)
82.56%

Next Earnings Summary

OXY is expected to report earnings on 5/5/2026. The consensus EPS estimate for the next earnings is 0.68 USD and the consensus revenue estimate is 5.53B USD.
The next earnings revenue estimate has been revised upward by 3.85% in the past 3 months.

Full Analyst Estimates 2026 - 2033

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033
Revenue
YoY % growth
OXY revenue by date.OXY revenue by date.
28.257B
-22.87%
26.725B
-5.42%
21.593B
-19.20%
23.64B
9.48%
23.915B
1.16%
24.412B
2.08%
24.774B
1.48%
24.814B
0.16%
24.741B
-0.29%
24.729B
-0.05%
24.367B
-1.46%
EBITDA
YoY % growth
OXY ebitda by date.OXY ebitda by date.
13.279B
-35.51%
12.964B
-2.37%
11.255B
-13.18%
14.168B
25.88%
13.835B
-2.35%
14.423B
4.25%
13.339B
-7.52%
16.036B
20.22%
N/AN/AN/A
EBIT
YoY % growth
OXY ebit by date.OXY ebit by date.
6.414B
-53.06%
5.593B
-12.80%
3.722B
-33.45%
4.862B
30.63%
5.142B
5.76%
6.37B
23.88%
6.999B
9.87%
N/AN/AN/AN/A
Operating Margin
OXY operating margin by date.OXY operating margin by date.
22.70%20.93%17.24%20.57%21.50%26.09%28.25%N/AN/AN/AN/A
EPS
YoY % growth
OXY eps by date.OXY eps by date.
3.69
-60.45%
3.46
-6.23%
2.21
-36.13%
3.76
69.99%
3.43
-8.64%
3.41
-0.79%
3.08
-9.54%
5.76
86.89%
3.03
-47.37%
3.03N/A

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28 Q4 / 28
EPS
Q2Q % growth
0.68
-21.46%
1.21
211.52%
1.04
62.51%
0.98
217.01%
0.69
0.69%
0.65
-46.70%
0.70
-32.57%
0.73
-26.11%
0.73
6.33%
0.74
13.95%
0.79
13.25%
0.73
0.01%
Revenue
Q2Q % growth
5.531B
-19.17%
6.302B
-2.39%
6.207B
-7.59%
6.214B
14.59%
5.851B
5.79%
5.958B
-5.46%
6.068B
-2.24%
6.207B
-0.11%
5.943B
1.57%
6.132B
2.92%
6.144B
1.25%
6.279B
1.16%
EBITDA
Q2Q % growth
3.28B
-3.36%
4.06B
-15.54%
3.895B
-45.05%
3.897B
-49.06%
3.318B
1.16%
3.351B
-17.46%
3.434B
-11.84%
3.506B
-10.03%
3.832B
15.49%
3.815B
13.85%
3.848B
12.06%
3.915B
11.67%
EBIT
Q2Q % growth
1.302B
-11.85%
2.201B
130.71%
1.958B
66.78%
1.809B
1,446.15%
1.667B
28.03%
1.674B
-23.94%
1.781B
-9.04%
1.84B
1.71%
2.166B
29.93%
2.17B
29.63%
2.171B
21.90%
2.204B
19.78%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

OXY Yearly Revenue VS EstimatesOXY Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 10B 20B 30B
OXY Yearly EPS VS EstimatesOXY Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 0 2 -2 4 6 8

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
15.50%
EPS Next 5 Year
21.10%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
-1.99%
Revenue Next 5 Year
-0.88%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
43.06%
EBIT Next 5 Year
26.63%

OCCIDENTAL PETROLEUM CORP / OXY Forecast FAQ

What do analysts expect the price target to be for OCCIDENTAL PETROLEUM CORP (OXY)?

32 analysts have analysed OXY and the average price target is 62.62 USD. This implies a price increase of 10.11% is expected in the next year compared to the current price of 56.87.

When does OCCIDENTAL PETROLEUM CORP (OXY) report earnings?

OCCIDENTAL PETROLEUM CORP (OXY) will report earnings on 2026-05-05, after the market close.

What are the consensus estimates for OXY stock next earnings?

The consensus EPS estimate for the next earnings of OCCIDENTAL PETROLEUM CORP (OXY) is 0.68 USD and the consensus revenue estimate is 5.53B USD.

How many analysts cover OCCIDENTAL PETROLEUM CORP (OXY) stock?

The number of analysts covering OCCIDENTAL PETROLEUM CORP (OXY) is 32.