BMO Capital Reaffirms Their Hold Rating on Occidental Petroleum (OXY)

In a report released today, Phillip Jungwirth from BMO Capital maintained a Hold rating on Occidental Petroleum, with a price target of $60.00.

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Jungwirth covers the Energy sector, focusing on stocks such as Chevron, Phillips 66, and Marathon Petroleum. According to TipRanks, Jungwirth has an average return of 5.7% and a 51.63% success rate on recommended stocks.

In addition to BMO Capital, Occidental Petroleum also received a Hold from Morgan Stanley’s Devin McDermott in a report issued on February 20. However, on the same day, TipRanks – OpenAI reiterated a Buy 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 $5.01 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 48 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.