Rating Change
Barclays reiterated its Overweight rating on Occidental Petroleum Corporation (NYSE:OXY) on August 17, 2026.
reiterateNYSE:OXY
Barclays Reiterates Overweight Rating on Occidental Petroleum Corporation (OXY)
Barclays reiterated its Overweight rating on Occidental Petroleum Corporation (NYSE:OXY) on August 17, 2026.
At publication ·
What changed
Occidental Petroleum Corporation (NYSE:OXY) · reiterate
- Firm
- Barclays
- Rating
- Overweight to Overweight
- Price at event
- $59.04
- Market capitalization
- $40.6B
At a glance
Key takeaways
- Barclays reiterated an Overweight rating on Occidental Petroleum (OXY) on August 17, 2026, with the stock trading at $59.04 and a market capitalization of $40.6 billion.
Market Context
Occidental Petroleum Corporation operates in the Energy sector. The stock currently trades at $59.04 with a market capitalization of $40.6B. The stock has gained 42.5% over the past 52 weeks.
Analyst coverage from Barclays provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for Occidental Petroleum Corporation.
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Recent Analyst Activity for Occidental Petroleum Corporation
Among the 10 most recent ratings: 6 Buy, 4 Hold, 0 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Aug 17, 2026 | Barclays | Overweight | N/A |
| Aug 11, 2026 | Susquehanna | Positive | N/A |
| Aug 10, 2026 | Truist Securities | Hold | N/A |
| Aug 07, 2026 | Wells Fargo | Overweight | N/A |
| Aug 06, 2026 | Barclays | Overweight | N/A |
Related Tools: Analyst Ratings Dashboard | View OXY Stock Page
Frequently Asked Questions
What does the Overweight rating mean for OXY?
A rating of Overweight from Barclays reflects the analyst's outlook on Occidental Petroleum Corporation (NYSE:OXY). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the OXY forecast page.
