Susquehanna raises target for Occidental Petroleum stock from USD 70.00 to USD 77.00
Published on 10/27/2026 at 17:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting date
- On October 20, 2026, Susquehanna raised its Occidental Petroleum target from USD 70.00 to USD 77.00.
- Second-quarter 2026 revenue reached USD 8.33 billion, versus USD 6.32 billion a year earlier.
- Occidental Petroleum stock costs EUR 56.61 at Lang & Schwarz on October 27, 2026 at 5:12 p.m. CEST, 1.22 percent below the Xetra close of October 26, 2026.
- Occidental Petroleum is scheduled to report third-quarter 2026 results on November 9, 2026.
Occidental Petroleum (ISIN US6745991058) drew a higher target from Susquehanna, which lifted its view from USD 70.00 to USD 77.00 on October 20, 2026, according to MarketBeat. That target increase remains the clearest analyst signal, while the stock was trading at EUR 56.61 at Lang & Schwarz on October 27, 2026 at 5:12 p.m. CEST, down 1.22 percent versus the Xetra close of October 26, 2026 at EUR 57.31.
Revenue reached USD 8.33 billion
Occidental reported USD 8.33 billion in revenue for the second quarter of 2026, up from USD 6.32 billion in the second quarter of 2025. Net profit reached USD 2.98 billion, compared with USD 431 million a year earlier, according to The Globe and Mail. The comparison gives the target revision a fundamental backdrop, although the figures belong to the completed second quarter rather than the upcoming report.
Stock sits below its yearly high
Occidental's NYSE quote was USD 62.93 at 12:20 p.m. ET on October 27, 2026, with a USD 38.80 to USD 67.45 52-week range. The stock therefore stood 6.70 percent below its yearly high, while the market capitalization was USD 62.9 billion. Its price-to-earnings ratio was 9.69 and its dividend yield was 2.00 percent.
Results date and valuation
Occidental is scheduled to release third-quarter 2026 results on November 9, 2026, according to MarketScreener. The same source lists 27 analysts and an average target of USD 70.54. A quarterly dividend of USD 0.28 per share is payable on January 15, 2027, to holders of record on December 10, 2026, according to the company information carried by MarketScreener.
Comparison with peers
Occidental Petroleum: down 1.78 percent, price-to-earnings ratio 9.69, market capitalization USD 62.9 billion.
Exxon Mobil Corporation (NYSE, USD): down 1.98 percent, price-to-earnings ratio 23.29, market capitalization USD 743.8 billion.
Chevron Corporation (NYSE, USD): down 1.87 percent, price-to-earnings ratio 21.85, market capitalization USD 449.8 billion.
Analyst target leaves a clear gap
Susquehanna's USD 77.00 target stands 22.37 percent above Occidental's USD 62.93 NYSE quote. The difference is a valuation reference, not a forecast, and the next company report will provide the next scheduled fundamental checkpoint.
Occidental Petroleum stock was trading at EUR 56.61 at Lang & Schwarz on October 27, 2026 at 5:12 p.m. CEST, 1.22 percent below the Xetra close of October 26, 2026 at EUR 57.31.
The further course of trading is shown by the continuously updated real-time quote of Occidental Petroleum stock.
Occidental Petroleum stock at a glance
- Company: Occidental Petroleum Corporation
- ISIN: US6745991058
- Ticker: OXY
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 27, 2026, 5:12 p.m. CEST): EUR 56.61
- Change versus Xetra close: minus 1.22 percent
- Xetra close (October 26, 2026): EUR 57.31
- Market capitalization: USD 62.9 billion (as of October 27, 2026)
- 52-week range: USD 38.80-67.45 (as of October 27, 2026)
- Sector / Industry: Energy / Oil and Gas Exploration and Production
- Next earnings date: November 9, 2026
Market context: Market report S&P 500.
