<div id="readability-page-1" class="page">Occidental Petroleum (OXY) is upgraded Tuesday to Overweight from Equal Weight with a $72 price target, raised from $59, at Barclays, which believes that tightening global supply conditions and muted U.S. shale growth make oil-focused energy companies poised for a prolonged cash flow boom; shares trade lower alongside a broader decline in crude oil...</div>

<p>Barclays upgraded Occidental Petroleum (OXY) to Overweight with a $72 price target, citing prolonged cash flow potential due to tight global oil supply and muted U.S. shale growth. The bank expects elevated oil prices to persist for 2-3 years, benefiting oil-focused companies. Barclays highlighted OXY's progress in deleveraging and operational improvements, positioning it for strong shareholder returns. Other top picks include Devon Energy and ConocoPhillips, while Expand Energy was downgraded due to weaker natural gas fundamentals.</p>

Occidental Petroleum

ConocoPhillips

Devon Energy

iShares US Oil Equip & Svcs

ISHRS S&P Glb Engy

iShares US Oil & Gas Expl & Prod

SPDR Energy Select

First Trust North American Energy Infra Fd

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Pro Ultr Bloomberg Crude Oil

United States Oil Fund LP

VanEck Oil Services ETF

Us Brent Oil

SPDR O&G Ex & Prd

Barclays

OCCIDENTAL PETROLEUM CORP C/W 03/08/27(OCCIDENTAL P)USD22

Occidental Petroleum upgraded at Barclays, which sees boost from higher for longer oil prices