Occidental Petroleum Corporation
OXY · NYSE
- $61.46
- $61.77B
- Open
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- $61.48 - $62.97
- $38.80 - $67.45
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- 9.07M
About Occidental Petroleum Corporation
Occidental Petroleum is an integrated energy company whose upstream business produces oil, natural gas and natural-gas liquids, primarily selling commodities to refiners, utilities and other industrial customers. OxyChem manufactures chlor-alkali, vinyl and other chemical products for industrial and construction markets, while the midstream business gathers, processes, transports and markets hydrocarbons and carbon dioxide. Upstream is the principal revenue engine, with chemicals and midstream providing smaller complementary contributions. Occidental reported $21.6 billion of FY2025 revenue and $2.4 billion of net income, versus $22.7 billion and $3.1 billion, respectively, in FY2024.
Notable Price Movement
- Aug 3-7$55.912.03%
Occidental Petroleum rose 2.15%, from $53.93 to $55.09, over the measured period. The stock initially gained sharply, climbing to $56.03 on July 29 and then reaching $57.07 by July 31, as broader markets rallied on easing Middle East tensions and strong technology earnings. OXY then reversed, falling to $55.47 on Monday and $55.09 on Tuesday, giving back most of the late-week advance. Company-specific positioning ahead of Occidental’s second-quarter report provided a secondary support, with Zacks highlighting expected growth, debt reduction and cash flow. However, no reported earnings release or other material company-specific announcement explained the week, leaving market sentiment and pre-earnings expectations as the main drivers.
