Wolfe Research resumed coverage on Occidental Petro with a new price target
$OXY
Oil & Gas Production
Energy
Wolfe Research resumed coverage of Occidental Petro with a rating of Outperform and set a new price target of $81.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/11/2025 | $40.00 | Sector Outperform → Sector Perform | Scotiabank |
| 4/8/2025 | $45.00 | Buy → Hold | TD Cowen |
| 3/10/2025 | $81.00 → $64.00 | Strong Buy → Outperform | Raymond James |
| 1/31/2025 | $54.00 → $45.00 | Neutral → Sell | Goldman |
| 11/8/2024 | $56.00 | Neutral | JP Morgan |
| 10/17/2024 | $57.00 | Neutral | BofA Securities |
| 10/2/2024 | $55.00 | Neutral | Goldman |
| 7/18/2024 | $81.00 | Outperform | Wolfe Research |
4 - OCCIDENTAL PETROLEUM CORP /DE/ (0000797468) (Issuer)
4 - OCCIDENTAL PETROLEUM CORP /DE/ (0000797468) (Issuer)
4 - OCCIDENTAL PETROLEUM CORP /DE/ (0000797468) (Issuer)
HOUSTON, May 16, 2025 (GLOBE NEWSWIRE) -- Occidental (NYSE:OXY) and its subsidiary 1PointFive today announced an agreement with XRG, ADNOC's investment company, to evaluate a potential joint venture to develop a Direct Air Capture (DAC) facility in South Texas. As part of the joint venture, XRG will consider investing up to $500 million for the development of a DAC facility designed to capture 500,000 tonnes of carbon dioxide per year. The Strategic DAC Framework Agreement was signed by Occidental President and CEO Vicki Hollub and ADNOC Group CEO Dr. Sultan Ahmed Al Jaber, during U.S. President Donald J. Trump's state visit to the United Arab Emirates. The announcement follows several si
HOUSTON, May 07, 2025 (GLOBE NEWSWIRE) -- Occidental (NYSE:OXY) today announced its first quarter 2025 financial results. The earnings release and accompanying financial schedules can be accessed via the Investor Relations section of the company's website, oxy.com. The earnings release is also available on the U.S. Securities and Exchange Commission's website at sec.gov. The company will hold a conference call to discuss the results on Thursday, May 8, 2025, at 1 p.m. Eastern/12 p.m. Central. The conference call may be accessed by calling 1-866-871-6512 (international callers dial 1-412-317-5417) or via webcast at oxy.com/investors. Participants may pre-register for the conference call at
HOUSTON, May 01, 2025 (GLOBE NEWSWIRE) -- Occidental (NYSE:OXY) announced today that its Board of Directors declared a regular quarterly dividend of $0.24 per share on common stock, payable on July 15, 2025, to stockholders of record as of the close of business on June 10, 2025. About Occidental Occidental is an international energy company with assets primarily in the United States, the Middle East and North Africa. We are one of the largest oil and gas producers in the U.S., including a leading producer in the Permian and DJ basins, and offshore Gulf of America. Our midstream and marketing segment provides flow assurance and maximizes the value of our oil and gas, and includes our Oxy
Scotiabank downgraded Occidental Petro from Sector Outperform to Sector Perform and set a new price target of $40.00
TD Cowen downgraded Occidental Petro from Buy to Hold and set a new price target of $45.00
Raymond James downgraded Occidental Petro from Strong Buy to Outperform and set a new price target of $64.00 from $81.00 previously