Occidental Petroleum Corporation (NYSE:OXY) is one of the 12 Best American Energy Stocks to Buy Right Now. Mizuho raised its price target for OXY from $58 to $65 on July 14, maintaining a Neutral rating on the stock. The company is expected to miss consensus EBITDA estimates by 8% in Q2 2025 due to front-loaded capital spending. Free cash flow could be 53% below street expectations.

Mizuho’s review of Occidental Petroleum Corporation’s recent 8-K filing shows a slight impact on oil volumes in the Gulf of America, strength in oil and liquids pricing, and weakness in US natural gas realizations. The firm attributes the expected free cash flow miss to heavy spending in the first half of the year, but believes these headwinds won’t continue into the second half of 2025.

Occidental Petroleum Corporation (NYSE:OXY) is a multinational energy company with assets in the US, Middle East, and North Africa, making it one of the largest oil and gas producers in the US. While OXY has investment potential, some AI stocks offer greater upside potential with less downside risk. Check out a report on the best short-term AI stock for more information.

Read more at Yahoo Finance: Mizuho Lifts Occidental (OXY) Price Target but Holds Neutral Rating