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 2025, the company reported net proved reserves of 4.6 billion barrels of oil equivalent. Net production averaged 1.4 million barrels of oil equivalent per day in 2025 at a ratio of roughly 74% oil and natural gas liquids and 26% natural gas.

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

As of June 4, 2026, OXY stock price declined to $58.67 with 7,740,909 million shares trading.

OXY has a beta of -0.95, meaning it tends to be less sensitive to market movements. OXY has a correlation of 0.10 to the broad based SPY ETF.

OXY has a market cap of $58.36 billion. This is considered a Large Cap stock.

Last quarter Occidental Petroleum reported $5 billion in Revenue and $1.06 earnings per share. This fell short of revenue expectation by $-503 million and exceeded earnings estimates by $.47.

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 outperformed the market in the last year with a return of +39.7%, while the SPY ETF gained +28.2%. However, in the most recent history, OXY shares have underperformed the stock market with its stock returning +9.8% in the last 3 month period and -0.3% for the last 2 week period, while SPY has returned +11.5% and +2.1%, respectively.

OXY support price is $58.28 and resistance is $61.00 (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.