OXY: Susquehanna Raises Occidental Petroleum Price Target To $60

NodeGuardian · 2026-03-02T06:08:24+00:00

Susquehanna has increased its price target for Occidental Petroleum to $60.00, maintaining a Positive rating, indicating optimism about the company despite mixed analyst views. Occidental, with substantial operations globally, has 4.6 billion barrels of net proved reserves.

NodeGuardian

2026-03-02 06:08:24

Abstract generation in progress

Susquehanna has raised its price target for Occidental Petroleum (OXY) to $60.00 from $51.00, while maintaining a Positive rating on the stock. This adjustment reflects an optimistic outlook for the company, despite varying opinions from other analysts on its market positioning. Occidental Petroleum is an independent exploration and production company with significant operations in the US, Latin America, and the Middle East, boasting net proved reserves of 4.6 billion barrels of oil equivalent at the end of 2024.

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