Oxy stock price forecast analysts monitoring the oxy stock price

Analysts monitoring the oxy stock price forecast have noted technical resistance around $64.20, while support is firm near $59. Competitor Rivian ( RIVN ) on Thursday issued a dour forecast that cast a spotlight on the electric vehicle (EV) industry's gloom, as it looks to a world without the federal credit. Stefon Walters has no position in any of the stocks mentioned. The Motley Fool recommends Occidental Petroleum. The Motley Fool has a disclosure policy. The oxy stock price forecast incorporates the company’s recent production guidance upgrades, pegging annual output growth at 3–5%. Sustained performance in Permian Basin operations and CO₂-enhanced oil recovery projects could amplify valuation multiples across energy analysts’ models.