Susquehanna raises target for Occidental Petroleum stock to USD 77

Published on 10/22/2026 at 10:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Susquehanna raised its target from USD 70 to USD 77 on October 20, 2026. Occidental Petroleum stock costs EUR 56.65, 1.34 percent above Xetra close.

Analyst target and operating figures

Susquehanna raised its Occidental Petroleum target from USD 70.00 to USD 77.00 on October 20, 2026.
Second-quarter revenue reached USD 8.06 billion, up 53.40 percent year over year.
Occidental Petroleum stock trades at EUR 56.65 at 10:34 a.m. CEST at Lang & Schwarz on October 22, 2026, 1.34 percent above the Xetra close of October 21, 2026.

Editoriale Finanzfotografie der New Yorker Börsenfassade mit Flaggen und Aktienkurs-Anzeigetafel — Occidental Petroleum US6745991058 gezeigt in einer Börsen-Editorial-Szene mit historischer NYSE-Fassade und leuchtenden Aktienkurs-Anzeigetafeln, Illustration mit AI erstellt.

Occidental Petroleum (ISIN US6745991058) was trading at EUR 56.65 at Lang & Schwarz on October 22, 2026, 1.34 percent above the Xetra close of October 21, 2026 at EUR 55.90. The latest analyst action lifts the valuation bar ahead of the company's third-quarter report.

According to MarketBeat on October 20, 2026, Susquehanna raised its price target for Occidental Petroleum from USD 70.00 to USD 77.00 and maintained a Positive rating.

Target rises as results approach

The target change follows a strong second quarter. MarketBeat reported second-quarter revenue of USD 8.06 billion, up 53.40 percent from the prior-year quarter, while earnings per share reached USD 2.40 against consensus of USD 1.83. That combination gives the new target a clear operating reference, although the next report must show whether the pace held into the third quarter.

Three dated analyst and operating steps

The chronology starts on October 13, 2026, when Occidental disclosed third-quarter operating factors and production within a 1,400 to 1,440 Mboed guidance range, as described by Energy News Beat. On October 19, 2026, Roth Capital upgraded the stock to Buy with a USD 70.00 target, according to MarketScreener. Susquehanna's USD 77.00 target on October 20, 2026, is the latest step.

What dates shape the next move?

MarketScreener lists November 9, 2026 as the release date for third-quarter earnings. The related conference call is scheduled for November 10, 2026, according to Energy News Beat.

Stock holds above the Xetra close

The euro quotation puts the stock above its October 21 Xetra reference while keeping the main investor question tied to execution: whether production, realized prices and cash generation can support the higher analyst target. Occidental Petroleum's common stock is listed on the New York Stock Exchange under OXY, according to the company's October 13, 2026 filing with the SEC. The stock was trading at EUR 56.65 at Lang & Schwarz on October 22, 2026 at 10:34 a.m. CEST, plus 1.34 percent versus the Xetra close of October 21, 2026 at EUR 55.90. The further course of trading is shown by the continuously updated real-time quote of Occidental Petroleum stock.