Barclays Upgrades Occidental Petroleum as Debt Reduction Progresses

On May 26, Barclays upgraded its stance on Occidental Petroleum (OXY) to Overweight from Equalweight and raised the price target to $72. This follows a significant reduction in OXY's debt since late 2025 due to improved cash flow.

By Peace Longe Tue, May 26, 2026 at 10:37 PM GMT+3 5 min read · Yahoo Finance · May 26, 2026, 19:37 UTC

Barclays Upgrades Occidental Petroleum as Debt Reduction Progresses

Tickers: $BCS $OXY

Topics: Barclays Berkshire Hathaway debt reduction Occidental Petroleum oil prices

Read the full article at Yahoo Finance

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