Barclays Raises PT on Occidental Petroleum Corporation (OXY) to $59 From $55 – Here’s Why

1 day ago 2

Noor Ul Ain Rehman

Sun, March 15, 2026 astatine 1:36 PM CDT 2 min read

Occidental Petroleum Corporation (NYSE:OXY) is 1 of the champion lipid stocks to bargain close now. Occidental Petroleum Corporation (NYSE:OXY) received a standing update from Barclays connected March 13, with the steadfast lifting the terms people connected the banal to $59 from $55 portion maintaining an Equal Weight standing connected the shares. It told investors successful a probe enactment that adjacent though the lipid spike is “unlikely to past for long,” the marketplace is underappreciating the currency travel payment and the “durable benefit” it volition person connected the group’s capableness to summation currency returns beyond the conflict.

BofA Trims Occidental Petroleum (OXY) Target to $44

In different development, Occidental Petroleum Corporation (NYSE:OXY) was upgraded to Overweight from Neutral by Piper Sandler connected March 12, with the steadfast lifting the terms people connected the banal to $66 from $54. The steadfast raised its mid-cycle crude terms forecast to $75 per tube from $70 amid struggle successful Iran, expecting lasting proviso impacts. It attributed the upgrade to its accrued terms platform and stated that higher prices are required to incentivize concern successful production.

Occidental Petroleum Corporation (NYSE:OXY) is progressive successful the exploration and accumulation of lipid and earthy gas. The company’s operations are divided into the pursuing segments: Oil and Gas, Chemical, and Midstream and Marketing.

While we admit the imaginable of OXY arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 15 Stocks That Will Make You Rich successful 10 Years AND 12 Best Stocks That Will Always Grow.

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