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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 -5.93% decrease from the current price of $51.93. 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 (-26.53% Downside)
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Is Occidental Petroleum Corp (OXY) A Buy Now?

Oscillators
Name Value Action
RSI(14) 54.78 Neutral
STOCH(9,6) 65.46 Neutral
STOCHRSI(14) 100.00 Sell
MACD(12,26) -0.2032 Buy
ADX(14) 16.77 Neutral
William %R -9.5361 Sell
CCI(14) 165.23 Buy
Buy: 2 Sell: 2 Neutral: 3
Summary: Neutral
Moving Averages
Period Simple Exponential
MA10
50.87
Buy
51.04
Buy
MA20
50.66
Buy
51.07
Buy
MA50
51.79
Buy
52.15
Sell
MA100
54.87
Sell
54.34
Sell
MA200
59.00
Sell
56.90
Sell
Buy: 5 Sell: 5 Neutral: 0
Summary: Neutral
According to our latest analysis, OXY could be considered a Neutral, with 17 technical analysis indicators signaling 7 Buy signals, 7 signaling Sell signals and 3 Neutral signals. This suggests that investors should exercise caution when entering new positions on OXY, as the market is likely to remain volatile in the near term.
  1. RSI (Relative Strength Index): The RSI(14) value of 54.78 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 65.46 indicates that OXY is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
  3. STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 100 indicates that OXY is oversold. This suggests that OXY price is at or near the highest level relative to its recent price history.
  4. ADX (Average Directional Index): The ADX value of The ADX value of 16.77 indicates that there is no clear directional movement, and the market may be ranging or moving sideways.
  5. CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of 165.23 indicates that OXY is overbought. This means that the price has moved significantly higher than its average, indicating a potential selling opportunity.

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 $58.73% rise from the last recorded price of $51.93.
  • Occidental Petroleum Corp (OXY) stock is projected to chart a bullish course in 2040, with an average price target of $94.35, representing an $81.68% 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 117.21% 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 $109.98% 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 +14.12% from the last recorded price of $51.93.
Month Average Low High Change from today's price
December, 2024 $48.78 $47.34 $50.36 -6.06%

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 -26.78% fall from the last recorded price of $51.93.
Month Average Low High Change from today's price
January, 2025 $53.40 $47.05 $54.07 +2.84%
February, 2025 $49.62 $49.27 $57.42 -4.46%
March, 2025 $41.89 $39.51 $53.47 -19.34%
April, 2025 $21.19 $18.89 $44.50 -59.20%
May, 2025 $22.56 $20.03 $28.18 -56.57%
June, 2025 $23.77 $22.68 $27.17 -54.23%
July, 2025 $29.82 $22.64 $34.47 -42.58%
August, 2025 $26.71 $25.95 $30.49 -48.57%
September, 2025 $25.47 $24.98 $28.04 -50.95%
October, 2025 $22.30 $22.17 $26.77 -57.06%
November, 2025 $20.08 $19.89 $22.15 -61.32%
December, 2025 $19.23 $18.62 $21.42 -62.96%

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 -39.38% surge from the present price of $51.93.
Month Average Low High Change from today's price
January, 2026 $26.69 $19.14 $27.40 -48.61%
February, 2026 $28.67 $24.91 $31.80 -44.79%
March, 2026 $32.56 $27.03 $34.77 -37.30%
April, 2026 $35.62 $29.64 $37.38 -31.41%
May, 2026 $38.32 $34.63 $42.73 -26.20%
June, 2026 $34.82 $34.49 $38.46 -32.96%
July, 2026 $35.37 $32.66 $38.40 -31.88%
August, 2026 $38.63 $34.77 $40.34 -25.62%
September, 2026 $40.57 $38.12 $43.82 -21.88%
October, 2026 $36.74 $34.24 $40.96 -29.25%
November, 2026 $36.06 $31.98 $37.22 -30.56%
December, 2026 $39.96 $34.77 $41.30 -23.05%

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 +16.70% increase from the last price of $51.93.
Month Average Low High Change from today's price
January, 2027 $44.35 $40.16 $44.99 -14.59%
February, 2027 $39.57 $39.26 $46.18 -23.81%
March, 2027 $38.51 $37.70 $42.93 -25.83%
April, 2027 $46.01 $36.53 $46.12 -11.40%
May, 2027 $51.32 $41.88 $52.83 -1.17%
June, 2027 $66.70 $48.09 $67.00 +28.44%
July, 2027 $67.31 $61.59 $73.81 +29.62%
August, 2027 $67.22 $65.68 $74.16 +29.43%
September, 2027 $81.48 $62.13 $81.90 +56.91%
October, 2027 $66.33 $65.00 $84.67 +27.72%
November, 2027 $71.34 $64.96 $73.90 +37.38%
December, 2027 $76.43 $66.59 $76.86 +47.18%

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 +48.53% rise from the last price of $51.93.
Month Average Low High Change from today's price
January, 2028 $79.49 $73.16 $87.85 +53.07%
February, 2028 $72.19 $68.17 $80.24 +39.02%
March, 2028 $83.37 $73.49 $84.94 +60.55%
April, 2028 $81.08 $77.57 $86.89 +56.12%
May, 2028 $74.77 $71.43 $81.33 +43.99%
June, 2028 $77.76 $70.54 $77.96 +49.73%
July, 2028 $76.50 $71.08 $78.78 +47.31%
August, 2028 $70.76 $68.84 $77.87 +36.26%
September, 2028 $73.96 $66.41 $77.39 +42.43%
October, 2028 $71.63 $69.22 $76.14 +37.94%
November, 2028 $70.66 $67.26 $72.10 +36.07%
December, 2028 $69.80 $66.88 $71.90 +34.40%

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 +43.20% increase from the previous price of $51.93.
Month Average Low High Change from today's price
January, 2029 $74.15 $68.17 $74.99 +42.80%
February, 2029 $72.89 $71.06 $77.06 +40.36%
March, 2029 $77.22 $72.80 $78.74 +48.70%
April, 2029 $75.46 $70.19 $78.29 +45.32%
May, 2029 $72.10 $71.14 $78.05 +38.84%
June, 2029 $69.98 $69.92 $73.35 +34.75%
July, 2029 $70.88 $66.28 $73.10 +36.49%
August, 2029 $68.77 $66.72 $72.22 +32.42%
September, 2029 $71.24 $67.28 $72.09 +37.18%
October, 2029 $75.06 $70.80 $75.55 +44.54%
November, 2029 $77.90 $74.18 $82.45 +50.01%
December, 2029 $74.06 $73.74 $79.95 +42.62%

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 +0.71% surge from the last price of $51.93.
Month Average Low High Change from today's price
January, 2030 $68.56 $66.27 $75.81 +32.02%
February, 2030 $71.11 $67.26 $71.42 +36.94%
March, 2030 $70.81 $69.66 $73.33 +36.35%
April, 2030 $62.71 $61.24 $72.54 +20.76%
May, 2030 $64.04 $61.79 $68.14 +23.31%
June, 2030 $62.11 $59.48 $64.67 +19.60%
July, 2030 $59.28 $57.16 $64.16 +14.14%
August, 2030 $58.49 $56.86 $60.16 +12.62%
September, 2030 $65.56 $58.62 $65.88 +26.24%
October, 2030 $61.43 $59.12 $67.26 +18.30%
November, 2030 $32.40 $29.21 $63.34 -37.60%
December, 2030 $32.67 $28.78 $35.08 -37.09%
oil_gas_ep HES
$148.65
price up icon 0.45%
$185.29
price up icon 1.42%
oil_gas_ep TPL
$1,730.00
price up icon 14.15%
oil_gas_ep CNQ
$34.84
price up icon 0.84%
oil_gas_ep WDS
$16.35
price up icon 0.99%
Cap:     |  Volume (24h):