Susquehanna raised the firm’s price target on Occidental (OXY) to $55 from $54 and keeps a Positive rating on the shares. The firm said they reported 3Q results, with a beat on EPS and production. Production outperformed the high-end of guidance, driven by domestic outperformance led by strong new well production and higher uptime in the Gulf of America.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on OXY:
- Occidental Petroleum’s Earnings Call Highlights Record Production and Debt Reduction
- Occidental Petroleum Reports Q3 Earnings and Strategic Moves
- Occidental sees 0-2% production growth for 2026 based on capex plans
- Occidental price target raised to $64 from $60 at Mizuho
- Occidental sees Q4 total company production 1,440-1,480 Mboed