Occidental Petroleum Corporation (OXY) Stock Forecast & Price Prediction 2025, 2030, 2040, and 2050
Get detailed Occidental Petroleum Corporation (OXY) stock forecast for 2025, monthly, along with long-term OXY price prediction from 2025 to 2050. Look at historical stock performance, analyst recommendations (Buy, Sell, or Hold), and the latest Occidental Petroleum Corporation headlines.
1 Month Prediction
$112.13 [120.65%]
3 Month Prediction
$119.45 [135.04%]
6 Month Prediction
$117.81 [131.81%]
1 Year Prediction
$109.73 [115.93%]
3 Year Prediction
$102.78 [102.24%]
5 Year Prediction
$97.57 [91.99%]
About Occidental Petroleum Corporation
Occidental Petroleum Corporation, commonly known as Oxy, is an American multinational energy company headquartered in Houston, Texas. The company primarily engages in the exploration, production, and marketing of oil, natural gas liquids (NGLs), and natural gas. The company operates through three main segments: oil and gas, chemicals, and midstream and marketing.
Its oil and gas operations are significant in the Permian Basin, the DJ Basin, and the Gulf of Mexico. The Chemical segment, known as OxyChem, manufactures and markets basic chemicals, vinyls, etc. And, The Midstream and Marketing segment handles the gathering, processing, transportation, storage, and marketing of oil, natural gas, and natural gas liquids.
Occidental Petroleum Corporation (OXY) Historical Performance
IPO Date
Occidental Petroleum Corporation (NYSE:OXY) went public on 03 March, 1964.
Change
Since inception, OXY has increased by 1,778.08%. In the last 5 years, OXY has risen from $30.54 to $50.82, a massive 66.41% increase since 2020.
Historical Highs and Lows
In the past 5 years, the stock reached a high of $70.46 and a low of $8.79.
52 Week Range
$45.17
$71.19
The current price $50.82 is not near the 52-week extremes, which means that the stock is neither overbought nor underbought.
OXY Stock Price History
Based on OXY stock's historical price data, this table shows how the stock has performed in the last 6 years. Since 2019, the OXY stock has risen from $8.79 - $37.05 to $50.82 - $50.82, which is up 13.84%. Currently, the stock follows upward trend.
Here, we have calculated stock range of OXY, indicating the highs and lows for each year, the average price based on the daily closing prices each year, and the change% from the average price.
Year | Stock Price | Avg Price | Change% | Year Change |
---|---|---|---|---|
2020 | $8.79 - $37.05 | $16.83 | -62.3 | 1 Year Change |
2021 | $19.32 - $32.33 | $26.45 | -40.75 | 2 Year Change |
2022 | $36.33 - $70.46 | $58.45 | 30.93 | 3 Year Change |
2023 | $56.24 - $63.47 | $59.84 | 34.05 | 4 Year Change |
2024 | $49.19 - $65.32 | $57.24 | 28.22 | 5 Year Change |
2025 | $50.82 - $50.82 | $50.82 | 13.84 | 6 Year Change |
OXY Price Performance
6-Month Performance
OXY stock dropped by 10.03% in the last six months.
1-Year Performance
The stock has trended downwards by 14.79% in the past year.
3-Year Performance
In the last 3 years, the stock has soared by 20.50%.
5-Year Performance
In the last 5 years, the stock has gone up by 66.41%.
According to Occidental Petroleum Corporation's historical data, below graph gives us the exact picture of how the OXY stock has performed year-over-year. Here, Each bar on the graph represents a particular year that illustrates how the stock's price changed from one year to the next.
YoY Performance
In the last five years, the stock has shown positive growth in 2 years and a decline in 3 years.
2020
55.76% ↓
2021
67.74% ↑
2022
118.72% ↑
2023
4.19% ↓
2024
16.02% ↓
NOTE: Green bars indicate that the stock has risen compared to the previous year, while red bars show that the stock has fallen.
Occidental Petroleum Corporation (OXY) Financials & Stock Analysis
Total Revenue
Quarterly Revenue: $7.17 B (Q3)
Revenue for Q3 ending 30th September, 2024 increased 5.22% compared to Q2 ending 30th June, 2024.
Annual Revenue: $27.14 B (1Y)
Revenue for trailing 12 months decreased 3.96% year over year from 31st December, 2023.
If compared to the last 5 years, the revenue has gone up from $17.81 billion to $27.14 billion, a 52.38% change.
Market Capitalization
Occidental Petroleum Corporation has a market capitalization of $47.69B, which places OXY in the large-cap category.
Fundamental Analysis
EPS: $1.03 (Q3), $4.22 (1Y)
EPS decreased 6.36% since last quarter, and decreased 68.53% since last year.
Net Income: $1.13 B (Q3), $4.70 B (1Y)
Net Income decreased 2.50% since last quarter, and decreased 64.70% since last year.
Free Cash Flow: $2.02 B (Q3), $6.06 B (1Y)
Free Cash Flow increased 269.16% since last quarter, and decreased 51.34% since last year.
Net Profit Margin: 15.80% (Q3), 17.30% (1Y)
Net Profit Margin decreased 7.33% since last quarter, and decreased 63.25% since last year.
Below, we have listed 12 key indicators for Fundamental analysis for OXY stock. These indicators help you understand Occidental Petroleum Corporation's financial health, earnings and growth potential, and make a decision if the stock is a good long-term investment or not.
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Technical Analysis
Here, we have listed 5 key indicators for Technical Analysis for OXY stock. These indicators help investors study past price movements and trading volumes to forecast future price changes, and find the right time when to buy, sell or hold the stock.
Technical Indicators | Value |
---|---|
SMA20 | $48.40 |
SMA50 | $49.40 |
SMA200 | $56.73 |
RSI | 75.60 |
Beta | 1.61 |
SMA20 < Current Price
This signals OXY stock is in short-term bullish momentum.
SMA50 < Current Price
This signals OXY stock is in mid-term bullish momentum.
SMA200 > Current Price
This signals OXY stock is in long-term bearish momentum.
Sentiment Based on Technical Analysis
Based on 8 technical analysis indicators, the overall sentiment for OXY stock is Bearish. Out of all indicators, 3 indicates bullish signals, 4 signals bearish trends and 2 gives neutral trends. The OXY stock forecast was last updated on 08 January, 2025.
Occidental Petroleum Corporation (OXY) Stock Price Prediction and Forecast
According to short-term forecast, the stock is expected to rise to $112.32 by the end of 2025, and can reach around $120.97 to $116.13 in 2026. And, the long-term forecast suggests that the stock may further jump to $112.13 - $110.45 in 2028, and $97.68 - $98.60 by 2031. So, the OXY stock shows a strong upward trend in the next several years.
Short-term OXY Stock Price Prediction & Forecast
Date | Forecasted Price | Change% |
---|---|---|
2025-02 | $112.14 | 120.66% |
2025-03 | $116.99 | 130.2% |
2025-04 | $119.45 | 135.05% |
2025-05 | $116.96 | 130.15% |
2025-06 | $118.66 | 133.49% |
2025-07 | $117.81 | 131.82% |
2025-08 | $116.90 | 130.03% |
2025-09 | $118.94 | 134.04% |
2025-10 | $115.80 | 127.86% |
2025-11 | $112.57 | 121.51% |
2025-12 | $112.32 | 121.02% |
In 2025, the OXY stock price is expected to fluctuate between $112.13 and $119.45. According to the monthly forecast, the stock could rise to $112.32 by December 2024. If compared to the OXY's current price, the stock could gain 121.02% by the end of this year.
Long-term OXY Stock Price Prediction & Forecast
Year | Year Start | Year Mid | Year End | Change% |
---|---|---|---|---|
2026 | $120.97 | $106.50 | $116.13 | 128.51% |
2027 | $121.31 | $115.87 | $106.52 | 109.6% |
2028 | $112.13 | $120.77 | $110.45 | 117.34% |
2029 | $108.93 | $118.11 | $105.54 | 107.67% |
2030 | $105.63 | $110.63 | $102.74 | 102.16% |
2031 | $97.68 | $99.95 | $98.60 | 94.02% |
2032 | $98.37 | $97.77 | $94.16 | 85.28% |
2033 | $97.38 | $102.15 | $92.41 | 81.84% |
2034 | $91.78 | $91.41 | $85.73 | 68.69% |
2035 | $85.61 | $91.36 | $87.44 | 72.06% |
2036 | $85.36 | $84.96 | $87.16 | 71.51% |
2037 | $86.06 | $85.10 | $82.07 | 61.49% |
2038 | $75.78 | $81.10 | $76.92 | 51.36% |
2039 | $78.49 | $84.81 | $68.61 | 35.01% |
2040 | $76.70 | $71.88 | $71.61 | 40.91% |
2041 | $80.37 | $76.66 | $71.02 | 39.75% |
2042 | $70.27 | $69.57 | $69.86 | 37.47% |
2043 | $66.08 | $71.08 | $64.99 | 27.88% |
2044 | $67.91 | $73.93 | $68.89 | 35.56% |
2045 | $66.92 | $65.10 | $60.88 | 19.8% |
2046 | $66.53 | $63.66 | $55.98 | 10.15% |
2047 | $62.72 | $57.55 | $57.03 | 12.22% |
2048 | $56.41 | $54.42 | $49.84 | -1.93% |
2049 | $56.52 | $52.27 | $47.91 | -5.73% |
2050 | $53.21 | $51.85 | $46.14 | -9.21% |
2051 | $51.86 | $42.21 | $42.37 | -16.63% |
Occidental Petroleum Corporation (OXY) Stock Price Prediction & Forecast 2025
At the start of 2025, the OXY stock was at $50.82. Today, it is trading at $50.82, which is 0.00% increase from price at the beginning of the year. By the end of this year, you can expect the stock to reach to $112.32 by December 2025 with a 121.02% change.
Occidental Petroleum Corporation (OXY) Stock Price Prediction & Forecast 2026 - 2030
In the next five years, there will be a significant depreciation in the OXY stock. During this period, the OXY's price is forecasted to shift from $120.97 to $102.74, which is -15.07% loss.
In 2026, the stock would possibly open at $120.97, descends to $106.50 by mid-year, and wraps up at $116.13, reflecting a 128.52% increase from today's price. Further moving to 2030, the stock can kick off the year at $105.63, drop to $110.63 by mid-year, and finish at $102.74, which is 102.16% change from current price.
Occidental Petroleum Corporation (OXY) Stock Price Prediction & Forecast 2031 - 2040
During this period, the stock would move from $97.68 to $71.61, which is down 94.02%
In 2031, we can expect OXY to fluctuate between $97.68 and $98.60, a shift indicating a 94.02% gain by year-end compared to current price. And Until 2040, OXY can likely vary from $71.61 to $76.70. By the end of 2040, the stock could record a 40.91% rise from today's stock price.
Occidental Petroleum Corporation (OXY) Stock Price Prediction & Forecast 2041 - 2050
According to long-term forecast, the OXY stock can see an a downturn from $80.37 to $46.14 in this period. In 2041, the stock can experience a low of $76.66 by mid-year, closing the year at $71.02. This results in a 50.85% increase from today.
Moving towards the end of 2050, OXY is projected to open the year at $53.21. The stock may dip to $51.85 during mid-year and finish the year at $46.14. Compared to the stock's current price, this translates to an overall loss of -9.20% by 2050.
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OXY : Buy, Sell Or Hold?
Analyst Ratings
Based on 26 analysts, 3 rated as a strong buy, 5 recommended a buy, 17 suggested a hold, 1 advised a sell, and 0 indicated a strong sell.Three months ago, out of 27 analysts, 4 analysts gave a strong buy rating, 5 a buy rating, 17 a hold rating, 1 advised selling, and 0 suggested a strong sell.So, according to analyst ratings, the recommendation for OXY stock is Hold.
Expert Analysis
According to OXY short-term and long-term forecast, Occidental Petroleum Corporation shares are projected to go down by 9.21%, and reach a value of $46.14 per share by 2050.
As per technical analysis, indicators show a Bearish sentiment, while Fear & Greed Index stands at 57.142857142857146, which signals Greed. Also, OXY has recorded 10/30 green days, which reflects a 47.61904761904761% positivity rate with a price volatility of 0.02%.
Plus, Price-to-Earnings (P/E) ratio of 13.923287 suggests that OXY stock is overvalued. So, Based on OXY prediction and analysis, it may be the best time to hold OXY stock right now.
Disclaimer: Stock predictions, forecasts and price targets provided for "OXY” are solely for informational and educational purposes and should not be treated as investment or financial advice. Always conduct your own research or consider consulting with a financial advisor before making any investment decisions.