StreetInsider.com News Articles

Occidental Petroleum (OXY) PT Lowered to $60 at Citi

Thu, 16 Jul 2026 07:10:14 -0400

Citi analyst Scott Gruber lowered the price target on Occidental Petroleum (NYSE: OXY) to $60.00 (from $62.00) while maintaining a Neutral rating.

Truist on Occidental Petroleum (OXY): 'Expect Details Around LT FCF Improvement to Emerge'

Tue, 14 Jul 2026 07:49:50 -0400

Truist Securities analyst Gabe Daoud reiterated a Hold rating and $57.00 price target on Occidental Petroleum (NYSE: OXY).

The analyst commented: "Expect Details Around LT FCF Improvement to Emerge; We update our model ahead of 2Q earnings and expect an in-line quarter with Permian production as the bright spot given strong well productivity to start FY26. On the call, we expect new CEO Richard Jackson's FCF plan to be most topical given messaging on the 1Q call. Base declines, business optimization levers, and debt paydown will also likely be topical. We maintain our Hold rating and $57/sh NAV-based PT. 2Q punchline.

Occidental Petroleum (OXY) PT Lowered to $69 at Stephens

Tue, 14 Jul 2026 07:16:43 -0400

(Updated - July 14, 2026 7:16 AM EDT)

Stephens analyst Mike Scialla lowered the price target on Occidental Petroleum (NYSE: OXY) to $69.00 (from $73.00) while maintaining a Overweight rating.

The analyst commented: "Our 2Q26 CFPS/FCF estimates are 6%/17% below consensus on in line production, largely due to pre-released (7/10/26) realized pricing. Midstream & marketing (M&M) pre-tax income likely remained robust with surging sulfur prices (partially offset by lower volumes vs 1Q26) and a wide Waha natural gas price discount. While Waha basis should narrow with new egress pipelines in 2H26, sulfur prices continued to spike this month, implying further upside to

Occidental Petroleum (OXY) PT Lowered to $69 at Stephens

Tue, 14 Jul 2026 07:16:43 -0400

(Updated - July 14, 2026 7:16 AM EDT)

Stephens analyst Mike Scialla lowered the price target on Occidental Petroleum (NYSE: OXY) to $69.00 (from $73.00) while maintaining a Overweight rating.

Mizuho Reiterates Outperform Rating on Occidental Petroleum (OXY)

Tue, 14 Jul 2026 06:36:18 -0400

Mizuho analyst Nitin Kumar reiterated an Outperform rating and $75.00 price target on Occidental Petroleum (NYSE: OXY).

The analyst commented: 'We expect a downward bias of ~6% on 2Q26 Street EBITDAX/CFPS estimates for OXY as pre-published price realizations are reflected, but the focus will be on the long-term (post 2026) FCF outlook. The August call will be Mr. Jackson's first as the official CEO of the company, and as he did at our recent NDR, we expect him to focus on the long-term prospects of the company. After assembling a differentiated asset base through M&A and internal efforts, the focus is

Occidental Petroleum releases Q2 2026 earnings considerations

Fri, 10 Jul 2026 16:29:53 -0400

Occidental Petroleum (NYSE: OXY) has released a preliminary summary of earnings considerations for the second quarter of 2026, according to a company statement.

The company reported average diluted shares outstanding of 1,012.2 million for the quarter. Crude oil collar settlements negatively impacted operating cash flow before working capital by $156 million during the period.

For the three months ended June 30, 2026, Occidental's average realized oil price was $96.93 per barrel in the United States and $95.83 per barrel internationally, bringing the total worldwide average to $96.78 per barrel. The WTI index averaged $92.79 per barrel and Brent averaged $97.06 per barrel

Occidental Petroleum releases Q2 2026 earnings considerations

Fri, 10 Jul 2026 16:29:53 -0400

Occidental Petroleum (NYSE: OXY) has released a preliminary summary of earnings considerations for the second quarter of 2026, according to a company statement.

Form 8-K OCCIDENTAL PETROLEUM For: Jul 10

Fri, 10 Jul 2026 16:16:00 -0400

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Form 8-K OCCIDENTAL PETROLEUM For: Jul 10

Fri, 10 Jul 2026 16:16:00 -0400

si-local-file:///var/storage/secattach/20260710/26757512.html

Occidental upgraded as Evercore sees deleveraging driving cash flow upside

Wed, 08 Jul 2026 09:44:44 -0400

Investing.com -- Occidental Petroleum was upgraded to "Outperform" from "Underperform" by Evercore ISI, which also raised its price target to $65 from $58, arguing the oil producer is poised to benefit from a stronger balance sheet and improved capital efficiency after an extended period of underperformance.

The brokerage said Occidental's deleveraging efforts and structurally lower operating costs have reshaped its free cash flow profile, allowing the company to better capitalize on underlying crude oil fundamentals. Evercore expects the improvements to support a return to shareholder distributions, including the potential resumption of share buybacks in the second half of 2028.

The

Alibaba jumps premarket; Rivian, Bath & Body Works fall

Wed, 08 Jul 2026 07:27:29 -0400

Investing.com - U.S. stock futures sank on Wednesday after President Donald Trump cast doubt on the status of an interim peace agreement with Iran, saying the deal was "over" following renewed exchanges between the two countries.

By 06:57 ET, the Dow futures contract had fallen 1.04%, S&P 500 futures had dropped 0.9%, and Nasdaq 100 futures had slid 1.1%.

Risk sentiment deteriorated across markets as investors reacted to renewed geopolitical uncertainty, while individual stocks moved on analyst actions, capital raises and company-specific developments.

Here are some of the biggest premarket U.S. stock movers today:

Alibaba Group surged 10.4% after investors piled into the Chinese

Alibaba jumps premarket; Rivian, Bath & Body Works fall

Wed, 08 Jul 2026 07:27:29 -0400

By 06:57 ET, the Dow futures contract had fallen 1.04%, S&P 500 futures had dropped 0.9%, and Nasdaq 100 futures had slid 1.1%.

Here are some of the biggest premarket U.S. stock movers today:

Alibaba Group surged 10.4% after investors piled into the Chinese

Alibaba jumps premarket; Rivian, Bath & Body Works fall

Wed, 08 Jul 2026 07:27:29 -0400

By 06:57 ET, the Dow futures contract had fallen 1.04%, S&P 500 futures had dropped 0.9%, and Nasdaq 100 futures had slid 1.1%.

Here are some of the biggest premarket U.S. stock movers today:

Alibaba Group surged 10.4% after investors piled into the Chinese

Alibaba jumps premarket; Rivian, Bath & Body Works fall

Wed, 08 Jul 2026 07:27:29 -0400

By 06:57 ET, the Dow futures contract had fallen 1.04%, S&P 500 futures had dropped 0.9%, and Nasdaq 100 futures had slid 1.1%.

Here are some of the biggest premarket U.S. stock movers today:

Alibaba Group surged 10.4% after investors piled into the Chinese

Evercore ISI Double Upgrades Occidental Petroleum (OXY) to Outperform

Wed, 08 Jul 2026 05:09:59 -0400

(Updated - July 8, 2026 5:02 AM EDT)

Evercore ISI analyst Stephen Richardson upgraded Occidental Petroleum (NYSE: OXY) from Underperform to Outperform with a price target of $65.00.

The analyst comments "We are upgrading Occidental Petroleum from Underperform to Outperform and raising our price target to $65 from $58. After a prolonged stretch of underperformance versus both crude and the Large Cap E&P group, we think two developments now allow OXY to better reflect underlying commodity fundamentals: a materially de-levered balance sheet and a structural step-up in capital efficiency that together reshape the free-cash-flow profile and the path back to shareholder returns.

Evercore ISI Double Upgrades Occidental Petroleum (OXY) to Outperform

Wed, 08 Jul 2026 05:09:59 -0400

(Updated - July 8, 2026 5:02 AM EDT)

Evercore ISI analyst Stephen Richardson upgraded Occidental Petroleum (NYSE: OXY) from Underperform to Outperform with a price target of $65.00.

Evercore ISI Double Upgrades Occidental Petroleum (OXY) to Outperform

Wed, 08 Jul 2026 05:09:59 -0400

(Updated - July 8, 2026 5:02 AM EDT)

Evercore ISI analyst Stephen Richardson upgraded Occidental Petroleum (NYSE: OXY) from Underperform to Outperform with a price target of $65.00.

Evercore ISI Double Upgrades Occidental Petroleum (OXY) to Outperform

Wed, 08 Jul 2026 05:09:59 -0400

(Updated - July 8, 2026 5:02 AM EDT)

Evercore ISI analyst Stephen Richardson upgraded Occidental Petroleum (NYSE: OXY) from Underperform to Outperform with a price target of $65.00.

Occidental to Announce Second Quarter Results Wednesday, August 5, 2026; Hold Conference Call Thursday, August 6, 2026

Wed, 01 Jul 2026 16:15:00 -0400

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.

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 https://dpregister.com/sreg/10209862/1043a899934.

Second quarter 2026 financial results will be available

Occidental to Announce Second Quarter Results Wednesday, August 5, 2026; Hold Conference Call Thursday, August 6, 2026

Wed, 01 Jul 2026 16:15:00 -0400

Second quarter 2026 financial results will be available

Form 11-K OCCIDENTAL PETROLEUM For: Dec 31

Mon, 29 Jun 2026 16:34:00 -0400

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Form 11-K OCCIDENTAL PETROLEUM For: Dec 31

Mon, 29 Jun 2026 16:34:00 -0400

si-local-file:///var/storage/secattach/20260629/26706969.html

Occidental Petroleum (OXY) PT Lowered to $68 at Morgan Stanley

Mon, 29 Jun 2026 08:32:28 -0400

Morgan Stanley analyst Devin McDermott lowered the price target on Occidental Petroleum (NYSE: OXY) to $68.00 (from $74.00) while maintaining a Equalweight rating.

Form 4 OCCIDENTAL PETROLEUM For: Jun 23 Filed by: Jackson Richard A.

Wed, 24 Jun 2026 19:04:00 -0400

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Form 4 OCCIDENTAL PETROLEUM For: Jun 23 Filed by: Jackson Richard A.

Wed, 24 Jun 2026 19:04:00 -0400

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