Occidental Petroleum (OXY) – Research Analysts’ Weekly Ratings Changes

A number of research firms have changed their ratings and price targets for Occidental Petroleum (NYSE: OXY):

• 10/27/2026 – Occidental Petroleum had its price target raised by The Goldman Sachs Group from $69.00 to $76.00. They now have a “buy” rating on the stock.
• 10/27/2026 – Occidental Petroleum is now covered by Piper Sandler. They set a “neutral” rating and a $69.00 price target on the stock.
• 10/20/2026 – Occidental Petroleum had its price target raised by Susquehanna from $70.00 to $77.00. They now have a “positive” rating on the stock.
• 10/19/2026 – Occidental Petroleum had its price target raised by Stephens from $78.00 to $80.00. They now have an “overweight” rating on the stock.
• 10/16/2026 – Occidental Petroleum was upgraded by Roth Capital from “neutral” to “buy”. They now have a $70.00 price target on the stock.
• 10/15/2026 – Occidental Petroleum had its price target raised by Morgan Stanley from $69.00 to $71.00. They now have an “equal weight” rating on the stock.
• 10/15/2026 – Occidental Petroleum had its price target raised by Truist Financial from $63.00 to $64.00. They now have a “hold” rating on the stock.
• 10/14/2026 – Occidental Petroleum had its “market perform” rating reaffirmed by BMO Capital Markets. They now have a $68.00 price target on the stock.
• 10/14/2026 – Occidental Petroleum had its price target raised by UBS Group from $67.00 to $73.00. They now have a “neutral” rating on the stock.
• 10/13/2026 – Occidental Petroleum was upgraded by Weiss Ratings from “hold (c+)” to “buy (b-)”.
• 10/10/2026 – Occidental Petroleum was upgraded by Wall Street Zen from “buy” to “strong-buy”.
• 10/1/2026 – Occidental Petroleum was upgraded by The Goldman Sachs Group from “neutral” to “buy”. They now have a $69.00 price target on the stock, up from $63.00.
• 9/28/2026 – Occidental Petroleum was upgraded by Weiss Ratings from “hold (c)” to “hold (c+)”.
• 9/14/2026 – Occidental Petroleum had its price target raised by Wells Fargo & Company from $79.00 to $82.00. They now have an “overweight” rating on the stock.
• 9/14/2026 – Occidental Petroleum had its price target raised by UBS Group from $59.00 to $67.00. They now have a “neutral” rating on the stock.
• 9/10/2026 – Occidental Petroleum is now covered by Stifel Nicolaus. They set a “hold” rating and a $68.00 price target on the stock.
• 9/3/2026 – Occidental Petroleum is now covered by Seaport Research Partners. They set a “buy” rating and a $73.00 price target on the stock.
• 9/2/2026 – Occidental Petroleum was upgraded by Seaport Research Partners to “strong-buy”.

Occidental Petroleum Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 15th. Stockholders of record on Thursday, December 10th will be issued a $0.28 dividend. The ex-dividend date of this dividend is Thursday, December 10th. This represents a $1.12 annualized dividend and a dividend yield of 1.8%. Occidental Petroleum’s payout ratio is 17.34%.

Occidental Petroleum Corporation is an energy company engaged in oil and natural gas exploration, development and production. Its operations are focused primarily on the United States, including the Permian and DJ basins, as well as selected international regions in the Middle East and North Africa.

The company’s OxyChem subsidiary manufactures and markets chlor-alkali chemicals, vinyls and other chemical products used in water treatment, construction, healthcare, packaging and industrial applications.