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Occidental Petroleum (IT:1OXY)
:1OXY
1OXY Analyst Ratings
Hold
6 Buy
13 Hold
1 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
1OXY Stock 12 Month Forecast
Average Price Target
€53.38
▲(19.37% Upside)
| Highest Price Target€70.74 | Average Price Target€53.38 | Lowest Price Target€41.34 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Detailed List of Analyst Forecasts
Morgan Stanley
Reiterated
03/26/25
Wells Fargo
Reiterated
03/19/25
Citi
Reiterated
03/18/25
Barclays
Reiterated
03/18/25
J.P. Morgan
Reiterated
03/13/25
Piper Sandler
Reiterated
03/13/25
Raymond James
Reiterated
03/10/25
Capital One Financial
Reiterated
03/10/25
Roth MKM
Reiterated
03/03/25
Scotiabank
Reiterated
02/27/25
DBS
€50.02
Hold
11.85%
Upside
Reiterated
02/25/25
Occidental Petroleum: Balancing Growth and Debt Reduction Amidst Strong Financial PerformanceWe maintain our HOLD call with a lower TP of USD54. We maintain our HOLD call with a lower TP of USD54. Our TP is based on a forward P/BV multiple of 1.8x, which is slightly below the average trading range for OXY. Despite the expected inorganic growth, we remain cautious on share price upside potential as OXY remains over-leveraged compared to its peers. Dividend yield is also among the lowest in peer group given the focus on deleveraging. Once OXY is able to meet debt reduction targets and use excess cash flows for shareholder growth and returns more effectively, we will look to revisit our call.
UBS
€50.02→€51.87
Hold
15.99%
Upside
Reiterated
02/20/25
Occidental Petroleum (OXY) PT Raised to $56 at UBSUBS analyst Josh Silverstein raised the price target on Occidental Petroleum (NYSE: OXY) to $56.00 (from $54.00) while maintaining a Neutral rating.
Mizuho Securities
€62.99
Hold
40.85%
Upside
Reiterated
02/19/25
We would note that much of the 'miss' on volumes is related to ethane rejection in the Rockies with the company guiding to ~52.1% oil mix vs. Street estimates at ~51.0%. We also expect investors to focus on the economic outlook for the STRATOS projects with Phase 1 expected to start up in 3Q25 and ramp up by YE25. We maintain our $68/sh NAV-based PT and Neutral rating.
Bank of America Securities
€48.17
Hold
7.71%
Upside
Reiterated
02/19/25
Occidental Petroleum: Hold Rating Amid Mixed Outlook on Production and Financial Stability
Truist Financial
―
Hold
―
Reiterated
02/19/25
Truist Financial Reaffirms Their Hold Rating on Occidental Petroleum (OXY)
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Morgan Stanley
Reiterated
03/26/25
Wells Fargo
Reiterated
03/19/25
Citi
Reiterated
03/18/25
Barclays
Reiterated
03/18/25
J.P. Morgan
Reiterated
03/13/25
Piper Sandler
Reiterated
03/13/25
Raymond James
Reiterated
03/10/25
Capital One Financial
Reiterated
03/10/25
Roth MKM
Reiterated
03/03/25
Scotiabank
Reiterated
02/27/25
DBS
€50.02
Hold
11.85%
Upside
Reiterated
02/25/25
Occidental Petroleum: Balancing Growth and Debt Reduction Amidst Strong Financial PerformanceWe maintain our HOLD call with a lower TP of USD54. We maintain our HOLD call with a lower TP of USD54. Our TP is based on a forward P/BV multiple of 1.8x, which is slightly below the average trading range for OXY. Despite the expected inorganic growth, we remain cautious on share price upside potential as OXY remains over-leveraged compared to its peers. Dividend yield is also among the lowest in peer group given the focus on deleveraging. Once OXY is able to meet debt reduction targets and use excess cash flows for shareholder growth and returns more effectively, we will look to revisit our call.
UBS
€50.02→€51.87
Hold
15.99%
Upside
Reiterated
02/20/25
Occidental Petroleum (OXY) PT Raised to $56 at UBSUBS analyst Josh Silverstein raised the price target on Occidental Petroleum (NYSE: OXY) to $56.00 (from $54.00) while maintaining a Neutral rating.
Mizuho Securities
€62.99
Hold
40.85%
Upside
Reiterated
02/19/25
We would note that much of the 'miss' on volumes is related to ethane rejection in the Rockies with the company guiding to ~52.1% oil mix vs. Street estimates at ~51.0%. We also expect investors to focus on the economic outlook for the STRATOS projects with Phase 1 expected to start up in 3Q25 and ramp up by YE25. We maintain our $68/sh NAV-based PT and Neutral rating.
Bank of America Securities
€48.17
Hold
7.71%
Upside
Reiterated
02/19/25
Occidental Petroleum: Hold Rating Amid Mixed Outlook on Production and Financial Stability
Truist Financial
―
Hold
―
Reiterated
02/19/25
Truist Financial Reaffirms Their Hold Rating on Occidental Petroleum (OXY)
1OXY Analyst Recommendation Trends
Rating
Nov 24
Dec 24
Jan 25
Feb 25
Mar 25
Strong Buy
1
1
3
2
2
Buy
10
9
7
7
8
Hold
25
26
29
28
32
Sell
2
1
2
1
1
Strong Sell
0
0
0
0
0
total
38
37
41
38
43
Each month's total comprises the sum of three months' worth of ratings.
1OXY Financial Forecast
1OXY Stock Forecast FAQ
What is IT:1OXY’s average 12-month price target, according to analysts?
Based on analyst ratings, Occidental Petroleum’s 12-month average price target is €53.38.
What is IT:1OXY’s upside potential, based on the analysts’ average price target?
Occidental Petroleum has 19.37% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is Occidental Petroleum a Buy, Sell or Hold?
Occidental Petroleum has a consensus rating of Hold, which is based on 6 buy ratings, 13 hold ratings and 1 sell ratings.
What is Occidental Petroleum’s share price target?
The average share price target for Occidental Petroleum is €53.38. This is based on 20 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst share price target is €70.74 ,and the lowest forecast is €41.34. The average share price target represents 19.37% Increase from the current price of €44.72.
The highest analyst share price target is €70.74 ,and the lowest forecast is €41.34. The average share price target represents 19.37% Increase from the current price of €44.72.
What do analysts say about Occidental Petroleum?
Occidental Petroleum’s analyst rating consensus is a Hold. This is based on the ratings of 20 Wall Streets Analysts.
How can I buy shares of Occidental Petroleum?
To buy shares of IT:1OXY, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.