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Occidental Petroleum Corp Stock (OXY) Forecast

The Occidental Petroleum Corp (OXY) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $48.85, representing a -2.47% decrease from the current price of $50.09. The highest analyst price target is $50.36, and the lowest is $47.34.

Note: Our forecast model does not currently account for dividend and stock split events. This means that our forecast may not be accurate for stocks that have recently experienced either of these events.

Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month OXY Price Target
Average 38.15 (-23.83% Downside)
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Is Occidental Petroleum Corp (OXY) A Buy Now?

Oscillators
Name Value Action
RSI(14) 40.11 Neutral
STOCH(9,6) 17.62 Buy
STOCHRSI(14) 62.51 Neutral
MACD(12,26) -0.8621 Sell
ADX(14) 21.63 Neutral
William %R -74.18 Neutral
CCI(14) -53.21 Neutral
Buy: 1 Sell: 1 Neutral: 5
Summary: Neutral
Moving Averages
Period Simple Exponential
MA10
50.57
Sell
50.64
Sell
MA20
51.65
Sell
51.32
Sell
MA50
52.55
Sell
52.99
Sell
MA100
56.32
Sell
55.35
Sell
MA200
59.44
Sell
57.77
Sell
Buy: 0 Sell: 10 Neutral: 0
Summary: Sell
According to our latest analysis, OXY could be considered a Strong Sell, with 17 technical analysis indicators signaling 1 Buy signals, 11 signaling Sell signals and 5 Neutral signals. This might not be a good time to consider opening new positions on OXY, as trading bearish markets can be challenging and may result in losses.
  1. RSI (Relative Strength Index): The RSI(14) value of 40.11 indicates that OXY is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
  2. STOCH (Stochastic Oscillator): The STOCH value of 17.62 indicates that OXY is oversold. This indicates that OXY price is at or near the lowest level over a specified lookback period.
  3. STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 62.51 indicates that OXY is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
  4. ADX (Average Directional Index): The ADX value of The ADX value of 21.63 suggests that there may be some movement in price, but it lacks strength or conviction.
  5. CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of -53.21 indicates that OXY is still oversold but not to an extreme extent.

Long-term OXY price forecast for 2025, 2030, 2035, 2040, 2045 and 2050

Based on our analysis about Occidental Petroleum Corp financial reports and earnings history, Occidental Petroleum Corp (OXY) stock could reach $75.81 by 2030, $99.24 by 2040 and $112.38 by 2050. See the projected annual prices until 2050 of the Occidental Petroleum Corp stock below:

  • Occidental Petroleum Corp (OXY) is expected to reach an average price of $82.43 in 2035, with a high prediction of $85.67 and a low estimate of $81.50. This indicates an $64.56% rise from the last recorded price of $50.09.
  • Occidental Petroleum Corp (OXY) stock is projected to chart a bullish course in 2040, with an average price target of $94.35, representing an $88.35% surge from its current level. The forecast ranges from a conservative $92.74 to a sky-high $99.24.
  • Our analysts predict Occidental Petroleum Corp (OXY) to jump 125.19% by 2045, soaring from $100.41 to an average price of $112.80, potentially reaching $115.04. While $100.41 is the low estimate, the potential upside is significant.
  • Occidental Petroleum Corp (OXY) stock is expected to climb by 2050, reaching an average of $109.04, a $117.70% jump from its current level. However, a wide range of estimates exists, with high and low targets of $112.38 and $90.96, respectively, highlighting the market's uncertainty.

Occidental Petroleum Corp Stock (OXY) Year by Year Forecast

Occidental Petroleum Corp Stock (OXY) Price Forecast for 2024

Our forecast for OXY stock price in 2024 now indicates an average price target of $59.26 with a high forecast of $71.19 and a low forecast of $47.34. The average prediction reflects an increase of +18.31% from the last recorded price of $50.09.
Month Average Low High Change from today's price
December, 2024 $48.78 $47.34 $50.36 -2.61%

Occidental Petroleum Corp Stock (OXY) Price Forecast for 2025

Occidental Petroleum Corp Stock (OXY) is expected to reach an average price of $38.02 in 2025, with a high prediction of $57.42 and a low estimate of $18.62. This indicates an -24.10% fall from the last recorded price of $50.09.
Month Average Low High Change from today's price
January, 2025 $53.40 $47.05 $54.07 +6.61%
February, 2025 $49.62 $49.27 $57.42 -0.95%
March, 2025 $41.89 $39.51 $53.47 -16.37%
April, 2025 $21.19 $18.89 $44.50 -57.70%
May, 2025 $22.56 $20.03 $28.18 -54.97%
June, 2025 $23.77 $22.68 $27.17 -52.55%
July, 2025 $29.82 $22.64 $34.47 -40.47%
August, 2025 $26.71 $25.95 $30.49 -46.68%
September, 2025 $25.47 $24.98 $28.04 -49.15%
October, 2025 $22.30 $22.17 $26.77 -55.48%
November, 2025 $20.08 $19.89 $22.15 -59.90%
December, 2025 $19.23 $18.62 $21.42 -61.60%

Occidental Petroleum Corp Stock (OXY) Price Forecast for 2026

The predicted value for Occidental Petroleum Corp (OXY) in 2026 is set at an average of $31.48. Estimates vary from a peak of $43.82 to a trough of $19.14, indicating an -37.15% surge from the present price of $50.09.
Month Average Low High Change from today's price
January, 2026 $26.69 $19.14 $27.40 -46.73%
February, 2026 $28.67 $24.91 $31.80 -42.77%
March, 2026 $32.56 $27.03 $34.77 -34.99%
April, 2026 $35.62 $29.64 $37.38 -28.89%
May, 2026 $38.32 $34.63 $42.73 -23.49%
June, 2026 $34.82 $34.49 $38.46 -30.49%
July, 2026 $35.37 $32.66 $38.40 -29.38%
August, 2026 $38.63 $34.77 $40.34 -22.88%
September, 2026 $40.57 $38.12 $43.82 -19.01%
October, 2026 $36.74 $34.24 $40.96 -26.65%
November, 2026 $36.06 $31.98 $37.22 -28.01%
December, 2026 $39.96 $34.77 $41.30 -20.22%

Occidental Petroleum Corp Stock (OXY) Price Forecast for 2027

For 2027, Stockscan's Analyst expects the average price target for Occidental Petroleum Corp (OXY) is $60.60, with a high forecast of $84.67 and a low forecast of $36.53. This indicates an +20.98% increase from the last price of $50.09.
Month Average Low High Change from today's price
January, 2027 $44.35 $40.16 $44.99 -11.45%
February, 2027 $39.57 $39.26 $46.18 -21.01%
March, 2027 $38.51 $37.70 $42.93 -23.11%
April, 2027 $46.01 $36.53 $46.12 -8.15%
May, 2027 $51.32 $41.88 $52.83 +2.46%
June, 2027 $66.70 $48.09 $67.00 +33.16%
July, 2027 $67.31 $61.59 $73.81 +34.38%
August, 2027 $67.22 $65.68 $74.16 +34.19%
September, 2027 $81.48 $62.13 $81.90 +62.67%
October, 2027 $66.33 $65.00 $84.67 +32.41%
November, 2027 $71.34 $64.96 $73.90 +42.42%
December, 2027 $76.43 $66.59 $76.86 +52.58%

Occidental Petroleum Corp Stock (OXY) Price Forecast for 2028

In 2028, Occidental Petroleum Corp (OXY) is projected to reach an average price of $77.13, with a high projection of $87.85 and a low estimate of $66.41. This indicates an +53.98% rise from the last price of $50.09.
Month Average Low High Change from today's price
January, 2028 $79.49 $73.16 $87.85 +58.70%
February, 2028 $72.19 $68.17 $80.24 +44.13%
March, 2028 $83.37 $73.49 $84.94 +66.44%
April, 2028 $81.08 $77.57 $86.89 +61.86%
May, 2028 $74.77 $71.43 $81.33 +49.28%
June, 2028 $77.76 $70.54 $77.96 +55.23%
July, 2028 $76.50 $71.08 $78.78 +52.72%
August, 2028 $70.76 $68.84 $77.87 +41.26%
September, 2028 $73.96 $66.41 $77.39 +47.66%
October, 2028 $71.63 $69.22 $76.14 +43.01%
November, 2028 $70.66 $67.26 $72.10 +41.07%
December, 2028 $69.80 $66.88 $71.90 +39.34%

Occidental Petroleum Corp Stock (OXY) Price Forecast for 2029

The 2029 price forecast for Occidental Petroleum Corp Stock (OXY) is $74.36 on average, with a high prediction of $82.45 and a low estimate of $66.28. This represents an +48.46% increase from the previous price of $50.09.
Month Average Low High Change from today's price
January, 2029 $74.15 $68.17 $74.99 +48.04%
February, 2029 $72.89 $71.06 $77.06 +45.51%
March, 2029 $77.22 $72.80 $78.74 +54.16%
April, 2029 $75.46 $70.19 $78.29 +50.66%
May, 2029 $72.10 $71.14 $78.05 +43.94%
June, 2029 $69.98 $69.92 $73.35 +39.70%
July, 2029 $70.88 $66.28 $73.10 +41.50%
August, 2029 $68.77 $66.72 $72.22 +37.29%
September, 2029 $71.24 $67.28 $72.09 +42.22%
October, 2029 $75.06 $70.80 $75.55 +49.85%
November, 2029 $77.90 $74.18 $82.45 +55.52%
December, 2029 $74.06 $73.74 $79.95 +47.85%

Occidental Petroleum Corp Stock (OXY) Price Forecast for 2030

Occidental Petroleum Corp Stock (OXY) is expected to reach an average price of $52.30 in 2030, with a high forecast of $75.81 and a low forecast of $28.78. This signifies an +4.40% surge from the last price of $50.09.
Month Average Low High Change from today's price
January, 2030 $68.56 $66.27 $75.81 +36.87%
February, 2030 $71.11 $67.26 $71.42 +41.97%
March, 2030 $70.81 $69.66 $73.33 +41.36%
April, 2030 $62.71 $61.24 $72.54 +25.19%
May, 2030 $64.04 $61.79 $68.14 +27.84%
June, 2030 $62.11 $59.48 $64.67 +23.99%
July, 2030 $59.28 $57.16 $64.16 +18.34%
August, 2030 $58.49 $56.86 $60.16 +16.76%
September, 2030 $65.56 $58.62 $65.88 +30.88%
October, 2030 $61.43 $59.12 $67.26 +22.65%
November, 2030 $32.40 $29.21 $63.34 -35.31%
December, 2030 $32.67 $28.78 $35.08 -34.78%
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price down icon 0.19%
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Cap:     |  Volume (24h):