---
title: "Wells Fargo Releases a Buy Rating on Occidental Petroleum (OXY)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293368755.md"
description: "Wells Fargo analyst Sam Margolin issued a Buy rating on Occidental Petroleum (OXY) with a $72 price target. This follows a Buy from Stephens and contrasts with Citi's Hold rating. Margolin, who covers the Energy sector, has a strong track record with a 14.5% average return."
datetime: "2026-07-21T16:31:36.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293368755.md)
  - [en](https://longbridge.com/en/news/293368755.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293368755.md)
generator: "portal-rs"
---

# Wells Fargo Releases a Buy Rating on Occidental Petroleum (OXY)

In a report released today, Sam Margolin from Wells Fargo assigned a Buy rating to Occidental Petroleum, with a price target of $72.00.

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Margolin covers the Energy sector, focusing on stocks such as Marathon Petroleum, BP, and Chevron. According to TipRanks, Margolin has an average return of 14.5% and a 70.42% success rate on recommended stocks. 

In addition to Wells Fargo, Occidental Petroleum also received a Buy from Stephens’s Michael Scialla in a report issued on July 14. However, on July 17, Citi maintained a Hold rating on Occidental Petroleum (NYSE: OXY).

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**