Oxy Stock Could Rise 20% If Oil Stays Above $100

Oxy's stock could rise at least 20% by the end of 2026 if oil prices stay above $100 per barrel, according to some analysts.

The oil and gas giant more commonly known as Oxy has set a 52-week high of $67.45 per share on March 31, driven largely by the Middle East conflict's impact on global oil prices.

Oxy's stock now trades at about $58 after WTI crude oil dropped back to around $92 per barrel from its four-year high of $112.25 in May.

The company has more direct exposure to rising oil prices than larger energy companies, making it a potential beneficiary if oil stays above $100 per barrel.