June 29, 2026 a 05:00 pm

OXY: Analysts Ratings - Occidental Petroleum Corporation

Historical Stock Grades

In the most recent evaluation dated June 1, 2026, Occidental Petroleum Corporation received ratings scattered across the spectrum with a decided tilt towards neutrality. Of the 25 total analyst ratings, the distribution is as follows: 2 Strong Buy, 6 Buy, 15 Hold, 1 Sell, and 1 Strong Sell. These ratings highlight a market sentiment leaning heavily towards caution and stability rather than aggressive acquisitions or divestitures.

Rating	Number	Score
Strong Buy	2
Buy	6
Hold	15
Sell	1
Strong Sell	1

Sentiment Development

• The past months indicated a predominant hold sentiment, with recommendations often stabilizing around this rating.
• The trend in Strong Buys has either plateaued or declined slightly, while Hold ratings have consolidated their presence.
• Buyer enthusiasm, as measured by Buy ratings, remains moderate but stable, ensuring buying pressures persist.
• Sell and Strong Sell sentiments remain minimal, suggesting a generally stable outlook with little anticipation of drastic negative shifts.

Percentage Trends

• Exploring percentage distributions reveals a Hold dominance, capturing around 60% of the total ratings consistently over recent months.
• There is moderate fluctuation in Buy ratings, hanging around 24%, indicating sustained cautious optimism amongst analysts.
• Strong Buy's proportion remains modest, reflecting tempered bullish sentiments across the board.
• A notable stabilization or minute increase in Hold ratings this year signifies market confidence, albeit restrained in nature.

Latest Analyst Recommendations

Date	New Recommendation	Last Recommendation	Publisher
2026-05-27	Outperform	Outperform	Mizuho
2026-05-26	Overweight	Equal Weight	Barclays
2026-05-22	Equal Weight	Equal Weight	Morgan Stanley
2026-05-08	Hold	Hold	Truist Securities
2026-04-22	Sector Perform	Sector Perform	Scotiabank

Analyst Recommendations with Change of Opinion

Date	New Recommendation	Last Recommendation	Publisher
2026-05-26	Overweight	Equal Weight	Barclays
2026-03-20	Neutral	Underweight	JP Morgan
2026-03-12	Overweight	Neutral	Piper Sandler
2026-03-12	Overweight	Underweight	Wells Fargo
2025-12-08	Underweight	Neutral	JP Morgan

Interpretation

The data reflects a cautious but stable outlook for Occidental Petroleum Corporation, with rating shifts indicating a gradually increasing confidence among certain analysts. Despite the overarching hold sentiment, the presence of upgrades suggests a potential improvement in market conditions or company performance. While no substantial bearish shifts are observed, the moderate strong buy presence hints at restrained bullish expectations. Overall, analyst sentiment portrays a picture of cautious optimism with little inclination towards aggressive market movements.

Conclusion

Occidental Petroleum Corporation continues to navigate a nuanced market environment, reflected in its tightly clustered analyst ratings. The predominant hold recommendation signals a stable, albeit cautious stance by market observers. With indicators such as consistent upgrades pointing towards emerging positive sentiment, OXY remains moderately attractive. While the likelihood of significant near-term volatility appears low, monitoring sectoral changes and economic conditions remains essential for potential investors. Robust sector performance coupled with strategic investments by the company could materially uplift its analyst ratings.