Occidental Petroleum (NYSE:OXY) Stock Price Expected to Rise, Susquehanna Analyst Says

Occidental Petroleum (NYSE:OXY) had its price target upped by analysts at Susquehanna from $51.00 to $60.00 in a research report issued on Friday,Benzinga reports. The brokerage presently has a “positive” rating on the oil and gas producer’s stock. Susquehanna’s price target would indicate a potential upside of 15.68% from the company’s current price.

Several other research analysts have also weighed in on OXY. Barclays assumed coverage on shares of Occidental Petroleum in a research note on Wednesday, January 21st. They issued an “equal weight” rating on the stock. UBS Group dropped their price target on shares of Occidental Petroleum from $45.00 to $43.00 and set a “neutral” rating on the stock in a research note on Friday, December 12th. Piper Sandler lifted their price objective on Occidental Petroleum from $46.00 to $47.00 and gave the company a “neutral” rating in a research report on Wednesday, January 28th. Jefferies Financial Group dropped their target price on Occidental Petroleum from $44.00 to $42.00 and set a “hold” rating on the stock in a research report on Tuesday, January 20th. Finally, Morgan Stanley cut their price target on Occidental Petroleum from $51.00 to $50.00 and set an “overweight” rating for the company in a research note on Friday, January 23rd. Seven research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and six have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Occidental Petroleum currently has an average rating of “Hold” and a consensus price target of $49.05.

Occidental Petroleum Trading Up 0.7%

NYSE OXY opened at $51.87 on Friday. The stock has a market cap of $51.15 billion, a price-to-earnings ratio of 32.22 and a beta of 0.41. The firm’s 50 day moving average price is $43.48 and its two-hundred day moving average price is $43.64. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.71 and a current ratio of 0.94. Occidental Petroleum has a twelve month low of $34.78 and a twelve month high of $52.22.

Occidental Petroleum (NYSE:OXY) last released its earnings results on Wednesday, February 18th. The oil and gas producer reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.13. The company had revenue of $5.11 billion for the quarter, compared to analysts’ expectations of $6.02 billion. Occidental Petroleum had a return on equity of 9.89% and a net margin of 9.14%.The business’s revenue for the quarter was down 5.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.80 EPS. Equities analysts anticipate that Occidental Petroleum will post 3.58 EPS for the current year.

Insiders Place Their Bets

In other news, Director William R. Klesse purchased 5,000 shares of the firm’s stock in a transaction on Tuesday, December 16th. The stock was bought at an average cost of $38.98 per share, for a total transaction of $194,900.00. Following the completion of the acquisition, the director directly owned 218,913 shares of the company’s stock, valued at approximately $8,533,228.74. The trade was a 2.34% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.31% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Occidental Petroleum

Several large investors have recently made changes to their positions in the business. University of Texas Texas AM Investment Management Co. acquired a new stake in Occidental Petroleum during the second quarter worth $27,000. Caitlin John LLC bought a new position in shares of Occidental Petroleum during the 4th quarter worth about $29,000. Activest Wealth Management lifted its holdings in shares of Occidental Petroleum by 68.5% during the 4th quarter. Activest Wealth Management now owns 750 shares of the oil and gas producer’s stock worth $31,000 after acquiring an additional 305 shares during the period. Rossby Financial LCC boosted its position in shares of Occidental Petroleum by 155.0% during the 4th quarter. Rossby Financial LCC now owns 765 shares of the oil and gas producer’s stock valued at $31,000 after acquiring an additional 465 shares in the last quarter. Finally, City Holding Co. increased its stake in Occidental Petroleum by 250.0% in the third quarter. City Holding Co. now owns 700 shares of the oil and gas producer’s stock valued at $33,000 after acquiring an additional 500 shares during the period. Institutional investors and hedge funds own 88.70% of the company’s stock.

Key Headlines Impacting Occidental Petroleum

Here are the key news stories impacting Occidental Petroleum this week:

• Positive Sentiment: Board raised the quarterly dividend ~8.3% to $0.26/share (ex-div March 10, payable April 15), which supports income-minded investors and helped lift the stock. Dividend Hike Coverage
• Positive Sentiment: Q4 earnings beat consensus (adjusted EPS $0.31 vs. ~ $0.18–$0.19 est.), with production above guidance and operating cash flow strength; management highlighted ~$5.8B of debt reduction since mid-December after the OxyChem sale — a clear de-leveraging catalyst. Reuters: Q4 Results
• Positive Sentiment: Company launched cash tender offers and consent solicitations to repurchase certain senior notes — active liability management that reduces headline leverage risk. Tender Offers Release
• Neutral Sentiment: Management outlined a lower 2026 capex outlook (~$5.7B), implying improved free cash flow if commodity prices cooperate — a potential long-term positive but dependent on oil markets. QuiverQuant: Guidance & Capex
• Neutral Sentiment: Unusual options activity — a large uptick in call buying — signals heightened speculative interest and short‑term bullish positioning but is not a fundamental guarantee. (Market data)
• Negative Sentiment: Revenue and total sales missed expectations (Q4 revenue below consensus) and year-over-year revenue declined, which tempers the EPS beat and points to margin/price headwinds. Zacks: Revenue Miss
• Negative Sentiment: Analyst views remain mixed — some firms raised price targets but several targets and the median remain below current levels, and at least one shop (Wells Fargo) kept an underweight stance despite bumping its target, adding near-term valuation uncertainty. Benzinga: Analyst Notes

Occidental Petroleum Company Profile

Occidental Petroleum Corporation (OXY) is an international energy company engaged primarily in the exploration, production and marketing of oil and natural gas. The company conducts upstream activities to discover and produce hydrocarbons and operates complementary midstream and marketing functions to transport and sell its production. Occidental also owns a chemicals business that manufactures and sells industrial chemicals and related products for a range of end markets.

Occidental’s operations are concentrated in the United States, with a significant presence in the Permian Basin, and it maintains exploration and production activities in several international regions, including parts of the Middle East, Latin America and Africa.