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Jefferies Reiterates Hold Rating on Occidental Petroleum (OXY)

October 3, 2025 4:59 AM EDT

Jefferies analyst Lloyd Byrne reiterated a Hold rating and $44.00 price target on Occidental Petroleum (NYSE: OXY).

The analyst comments "We're surprised by the market's reaction. While marginally dilutive and perhaps not the price the mkt envisioned, mkt concerns of debt overhang and "chems... More