Occidental Petroleum (OXY) Price Target Trimmed by Analysts

The share price of Occidental Petroleum Corporation (NYSE:OXY) fell by 1.55% between December 17 and December 24, 2025, putting it among the Energy Stocks that Lost the Most This Week.

Occidental Petroleum (OXY) Price Target Trimmed by Analysts

Occidental Petroleum Corporation (NYSE:OXY) is an independent exploration and production company with assets primarily in the United States, the Middle East, and North Africa.

Occidental Petroleum Corporation (NYSE:OXY) has received some negative attention from analysts over the past couple of weeks. On December 12, UBS lowered its price target on OXY from $45 to $43, but maintained a ‘Neutral’ rating on the shares. Following three lackluster years, the analyst believes that the energy sector is positioned well for a stronger performance in 2026, driven by the improving oil and natural gas outlooks, M&A-driven value creation, cost and capex efficiencies, emerging OFS opportunities, and attractive valuations. While the firm favors natural gas exploration and production stocks, it expects the positive momentum to spill broadly across oil E&Ps and OFS.

Earlier on December 11, BofA analyst Jean Ann Salisbury also trimmed the firm’s price target on Occidental Petroleum Corporation (NYSE:OXY) from $45 to $44, while maintaining a ‘Neutral’ rating on the shares.

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