Reddit's Oil Bet on Occidental Clashes With Wall Street's Caution
Occidental Petroleum (NYSE:OXY | OXY Price Prediction) has become a case study in how far retail conviction can drift from professional caution.
OXY - Occidental Petroleum Corporation
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$64.92
DETAILS
HIGH:
$75.00
LOW:
$45.00
MEDIAN:
$65.00
CONSENSUS:
$64.92
UPSIDE:
12.71%
Stock News
Occidental Petroleum (OXY) Beats Stock Market Upswing: What Investors Need to Know
In the closing of the recent trading day, Occidental Petroleum (OXY) stood at $56.5, denoting a +2.37% move from the preceding trading day.
Is Most-Watched Stock Occidental Petroleum Corporation (OXY) Worth Betting on Now?
Zacks.com users have recently been watching Occidental (OXY) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Occidental Petroleum Cut Its Capital Spending by 8% for 2026. Should the Oil Giant Rethink Its Plans with Crude Prices Now Up 30%?
Occidental Petroleum is targeting a $550 million reduction in capital spending this year. The company is firming its balance sheet.
Can Occidental Continue to Grow on the Back of the Permian Basin?
OXY's Permian expansion, lower well costs and technology upgrades position it for sustained production growth and long-term value.
Occidental Petroleum (OXY) Stock Slides as Market Rises: Facts to Know Before You Trade
Occidental Petroleum (OXY) reached $53.77 at the closing of the latest trading day, reflecting a -1.47% change compared to its last close.
Is Occidental Petroleum (OXY) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Earnings season plays: Profit expectations are growing for these stocks while their valuations get cheaper
Investors can find opportunities in stocks where declining share prices are pushing valuations below their historical average.
Occidental Petroleum: More Will Follow Evercore
Occidental Petroleum has been upgraded by Evercore, citing improved capital efficiency and successful deleveraging. Recent optimism is now driven by expectations of sustained higher commodity prices, making bullish theses more secure. Both Seeking Alpha's quant system and Wall Street analysts currently rate OXY as a buy.
Occidental's quarterly realized oil prices jump amid Iran war disruption
Shale producer Occidental Petroleum said in a filing on Friday its worldwide average realized oil prices rose 38.4% in the second quarter compared with the previous three months, driven by higher benchmark crude rates amid the Middle East conflict.
OXY Beats the Industry in the Past 9 Months: Buy or Stay Patient?
OXY's production growth, CrownRock assets, debt reduction and rising estimates bolster its appeal, but premium valuation suggests patience.
Occidental Petroleum (OXY) Stock Falls Amid Market Uptick: What Investors Need to Know
In the closing of the recent trading day, Occidental Petroleum (OXY) stood at $52.3, denoting a -2.41% move from the preceding trading day.
Why Occidental Petroleum Stock Crushed it on Wednesday
He now considers it to be a bargain stock. Geopolitical factors should also support the buy case.
Occidental Petroleum Jumps 4% While ExxonMobil, Chevron Lag: Evercore Upgrade and Oil Spike Fuel OXY’s Lead
Shares of Occidental Petroleum (NYSE: OXY) are up 4% at midday Wednesday, trading at $53.90. The move puts Occidental well ahead of integrated peers ExxonMobil (NYSE: XOM) and Chevron (NYSE: CVX). ExxonMobil stock is off 1% at $140.51, essentially flat. Meanwhile, Chevron shares are higher by 1% to $176.07, a modest gain that trails Occidental by a wide... Occidental Petroleum Jumps 4% While ExxonMobil, Chevron Lag: Evercore Upgrade and Oil Spike Fuel OXY's Lead
Dow Down Over 800 Points, Disrupted by Middle East Tensions
The Dow is down xx points as oil prices and tech sector weakness weigh on Wall Street
Occidental Petroleum Corporation (OXY) is Attracting Investor Attention: Here is What You Should Know
Recently, Zacks.com users have been paying close attention to Occidental (OXY). This makes it worthwhile to examine what the stock has in store.
Why Occidental (OXY) is Poised to Beat Earnings Estimates Again
Occidental (OXY) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Better Energy Stock to Own in the Second Half of 2026: Energy Transfer or Occidental Petroleum?
Energy Transfer is well-insulated from volatile oil prices and exposed to the AI boom. Oxy will benefit more from higher oil prices, but that's a double-edged sword.
Can OXY's Robust Proved Reserves Strengthen Its Long-Term Returns?
Occidental's robust proved reserves, strong reserve replacement and diversified assets support production visibility, cash flow resilience and long-term returns.
Occidental to Announce Second Quarter Results Wednesday, August 5, 2026; Hold Conference Call Thursday, August 6, 2026
HOUSTON, July 01, 2026 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) will announce its second quarter 2026 financial results after close of market on Wednesday, August 5, 2026, and will hold a conference call to discuss the results on Thursday, August 6, 2026, at 1 p.m. Eastern/12 p.m. Central.
Price Targets
Occidental upgraded to Outperform from In Line at Evercore ISI
$65.00
(was $51.68)
Evercore ISI
Occidental price target lowered to $68 from $74 at Morgan Stanley
$68.00
(was $49.99)
Morgan Stanley
Occidental price target raised to $75 from $72 at Mizuho
$75.00
(was $57.46)
Mizuho Securities
Occidental upgraded to Overweight from Equal Weight at Barclays
$72.00
(was $58.81)
Betty Jiang
·
Barclays
Occidental upgraded to Neutral from Sell at Goldman Sachs
$64.00
(was $58.87)
Goldman Sachs
Occidental price target lowered to $57 from $65 at Truist
$57.00
(was $54.02)
Truist Financial
Occidental price target lowered to $65 from $67 at UBS
$65.00
(was $53.69)
UBS
Occidental price target raised to $75 from $64 at Raymond James
$75.00
(was $59.23)
Raymond James
Occidental price target raised to $72 from $69 at Wells Fargo
$72.00
(was $58.53)
Sam Margolin
·
Wells Fargo
Wells Fargo Double Upgrades Occidental Petroleum (OXY) to Overweight
$69.00
(was $55.58)
Roger Read
·
Wells Fargo
Piper Sandler Upgrades Occidental Petroleum (OXY) to Overweight
$66.00
(was $55.58)
Mark Lear
·
Piper Sandler
Occidental price target raised to $60 from $48 at BMO Capital
$60.00
(was $52.98)
BMO Capital
Occidental price target raised to $55 from $50 at Barclays
$55.00
(was $51.23)
Barclays
Occidental price target raised to $60 from $51 at Susquehanna
$60.00
(was $51.77)
Charles Minervino
·
Susquehanna
Occidental price target raised to $49 from $43 at UBS
$49.00
(was $51.78)
UBS
Occidental price target raised to $53 from $50 at Morgan Stanley
$53.00
(was $52.12)
Devin McDermott
·
Morgan Stanley
Occidental price target raised to $45 from $39 at Roth Capital
$45.00
(was $51.53)
Roth Capital
Occidental price target raised to $67 from $64 at Mizuho
$67.00
(was $47.11)
Mizuho Securities
Occidental price target lowered to $51 from $55 at Susquehanna
$51.00
(was $43.93)
Charles Minervino
·
Susquehanna
Occidental price target lowered to $46 from $47 at Scotiabank
$46.00
(was $42.80)
Scotiabank