Weekly Investment Analysts’ Ratings Changes for Occidental Petroleum (OXY)

Several analysts have recently updated their ratings and price targets for Occidental Petroleum (NYSE: OXY):

• 8/20/2025 – Occidental Petroleum had its price target raised by analysts at UBS Group AG from $42.00 to $45.00. They now have a “neutral” rating on the stock.
• 8/20/2025 – Occidental Petroleum is now covered by analysts at Melius Research. They set a “hold” rating and a $64.00 price target on the stock.
• 8/20/2025 – Occidental Petroleum is now covered by analysts at Melius. They set a “hold” rating and a $64.00 price target on the stock.
• 8/18/2025 – Occidental Petroleum had its “equal weight” rating reaffirmed by analysts at Morgan Stanley. They now have a $52.00 price target on the stock.
• 8/9/2025 – Occidental Petroleum was downgraded by analysts at Wall Street Zen from a “hold” rating to a “sell” rating.
• 7/17/2025 – Occidental Petroleum had its price target raised by analysts at Piper Sandler from $48.00 to $50.00. They now have a “neutral” rating on the stock.
• 7/15/2025 – Occidental Petroleum had its price target raised by analysts at JPMorgan Chase & Co. from $47.00 to $48.00. They now have a “neutral” rating on the stock.
• 7/15/2025 – Occidental Petroleum had its price target lowered by analysts at Wells Fargo & Company from $47.00 to $46.00. They now have an “equal weight” rating on the stock.
• 7/11/2025 – Occidental Petroleum had its price target raised by analysts at Scotiabank from $40.00 to $45.00. They now have a “sector perform” rating on the stock.

Occidental Petroleum Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Wednesday, September 10th will be paid a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Wednesday, September 10th. Occidental Petroleum’s dividend payout ratio (DPR) is currently 56.80%.

Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States, the Middle East, and North Africa. It operates through three segments: Oil and Gas, Chemical, and Midstream and Marketing. The company's Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas.