OXY Stock Summary and Trading Ideas (Occidental Petroleum | NYSE:OXY)

Occidental Petroleum is an independent exploration and production company with operations in the United States, Latin America, and the Middle East. At the end of 2023, the company reported net proved reserves of nearly 4 billion barrels of oil equivalent. Net production averaged 1.327 million barrels of oil equivalent per day in 2024 at a ratio of roughly 52% oil and natural gas liquids and 48% natural gas.

Occidental Petroleum trades on the NYSE stock market under the symbol OXY.

As of January 22, 2026, OXY stock price declined to $42.92 with 5,053,356 million shares trading.

OXY has a beta of 0.63, meaning it tends to be less sensitive to market movements. OXY has a correlation of 0.11 to the broad based SPY ETF.

OXY has a market cap of $42.29 billion. This is considered a Large Cap stock.

Last quarter Occidental Petroleum reported $7 billion in Revenue and $.64 earnings per share. This fell short of revenue expectation by $-15 million and exceeded earnings estimates by $.15.

In the last 3 years, OXY traded as high as $71.19 and as low as $34.79.

The top ETF exchange traded funds that OXY belongs to (by Net Assets): VTI, VOO, VO, XLE, IVV.

OXY has underperformed the market in the last year with a return of -13.2%, while SPY returned +15.7%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in OXY shares. However, OXY has outperformed the market in the last 3 month and 2 week periods, returning +5.5% and +4.7%, while SPY returned +3.1% and +0.1%, respectively. This indicates OXY has been having a stronger performance recently.

OXY support price is $42.61 and resistance is $44.41 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that OXY shares will trade within this expected range on the day.