Wells Fargo Remains a Sell on Occidental Petroleum (OXY)

In a report released today, from Wells Fargo maintained a Sell rating on Occidental Petroleum, with a price target of $47.00.

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In addition to Wells Fargo, Occidental Petroleum also received a Sell from Evercore ISI’s Stephen Richardson in a report issued yesterday. However, today, TipRanks – xAI reiterated a Hold rating on Occidental Petroleum (NYSE: OXY).

Based on Occidental Petroleum’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $5.11 billion and a net profit of $102 million. In comparison, last year the company earned a revenue of $6.92 billion and had a GAAP net loss of $125 million

Based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of OXY in relation to earlier this year. Most recently, in December 2025, William Klesse, a Director at OXY bought 5,000.00 shares for a total of $194,900.00.