Occidental Petroleum stock: J.P. Morgan keeps USD 70 target for Occidental Petroleum stock
Published on 10/19/2026 at 15:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting date
- J.P. Morgan set a USD 70.00 target on October 18, 2026.
- Occidental Petroleum plans to publish third-quarter results on November 9, 2026.
- Occidental Petroleum stock costs EUR 54.85 at Lang & Schwarz on October 19, 2026 at 3:12 p.m. CEST.
- Occidental Petroleum had a USD 62.4 billion market capitalization as of October 16, 2026.
J.P. Morgan maintained a Hold rating on Occidental Petroleum and set a USD 70.00 price target on October 18, 2026, according to The Globe and Mail. Against the USD 62.38 home-market price cited in the report, the target stands 12.21 percent above the stock. Occidental Petroleum stock was trading at EUR 54.85 at Lang & Schwarz on October 19, 2026 at 3:12 p.m. CEST.
November 9 sets the next date
Occidental Petroleum is scheduled to publish its third-quarter 2026 results after the close on November 9, 2026, followed by a conference call on November 10, 2026. The dates were carried in the company's release distributed through GlobeNewswire on October 1, 2026.
Range leaves room for comparison
The home-market quote stood at USD 62.38 on the New York Stock Exchange at 4:00 p.m. ET on October 16, 2026. The 52-week range was USD 38.80 to USD 67.45, placing that price 7.52 percent below the high. Trading volume was 11,540,506 shares against an average of 8,449,760 shares in the same quote snapshot.
Valuation and market size
Occidental Petroleum had a market capitalization of USD 62.4 billion, a trailing P/E ratio of 9.60 and a dividend yield of 2.00 percent as of October 16, 2026. The company operates across oil and gas production, chemicals and carbon-management projects, giving investors several operating lines to track alongside the upcoming results.
Comparison with peers
Occidental Petroleum: P/E 9.60, market capitalization USD 62.4 billion.
Exxon Mobil Holdings Corporation (NYSE, USD): plus 2.46 percent, P/E 23.03, market capitalization USD 736.0 billion.
Chevron Corporation (NYSE, USD): plus 2.58 percent, P/E 21.57, market capitalization USD 444.5 billion.
Price remains the daily anchor
The analyst target, the upcoming reporting date and the wide 52-week span give the stock's next decision points. The market capitalization also puts Occidental Petroleum well below Exxon Mobil Holdings Corporation and Chevron Corporation in scale.
The further course of trading is shown by the continuously updated real-time quote of Occidental Petroleum stock.
Occidental Petroleum market data
- Company: Occidental Petroleum Corporation
- ISIN: US6745991058
- Ticker: OXY
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 19, 2026, 3:12 p.m. CEST): EUR 54.85
- Market capitalization: USD 62.4 billion (as of October 16, 2026)
- 52-week range: USD 38.80-67.45 (as of October 16, 2026)
- Sector / Industry: Energy / Oil and Gas
- Next earnings date: November 9, 2026
Market context: Market report S&P 500.
