Markets.com Logo

OXY

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    44.5324$
  • Previous Close
    44.7612$
  • 52 Week Change
    22.76$
  • Day Range
    -0.23$
  • 52 Week High/Low
    34.587$ - 57.3461$
  • Dividend Per Share
    0.0208
  • Market cap
    43 867 M$
  • EPS
    0.39
  • Beta
    0.914
  • Volume
    --

About

OXY.US represents the common stock of Occidental Petroleum Corporation, an international energy company with operations in the United States, Middle East, and Latin America. Occidental Petroleum explores for, develops, and produces oil and natural gas. It also engages in chemical manufacturing through its subsidiary, OxyChem, which produces basic chemicals, vinyls, and performance chemicals. Investing in OXY.US stock provides ownership in a portion of Occidental Petroleum and subjects investors to the company's financial performance and market conditions within the energy sector.

Gold's Safe-Haven Status Under Scrutiny: Market Dynamics and Price Outlook

Emma Rose|--

Trump's Iran War Exit Without a Deal: Reshaping Middle East Energy Security and Power Dynamics

Emma Rose|--
European market insights: What is the European stock market doing right now?

European market insights: What is the European stock market doing right now?

Ghko B|--
EUR/USD Analysis Today: EUR/USD Gains to 1.1550 as Middle East Uncertainty Lingers

EUR/USD Analysis Today: EUR/USD Gains to 1.1550 as Middle East Uncertainty Lingers

Ghko B|--

Microsoft at a Crossroads: AI Hurdles and Cloud Resilience Amidst Market Volatility

Sophia Claire|--

Iran's Hormuz Gambit: Leveraging a Chokepoint for Economic Leverage and Global Impact

Ava Grace|--

Gold Market Resilience: Navigating Sell-offs and Sustaining Bull Run

Noah Lee|--

Factors

Oil Prices: Higher crude oil prices generally benefit Occidental Petroleum (OXY) as it boosts profitability. Lower prices can hurt OXY's revenue and earnings.

Production Costs: OXY's expenses in extracting oil and gas impact profit margins. Efficient operations lead to higher profits; increased costs negatively affect them.

Debt Levels: OXY has significant debt. High debt levels can make investors cautious, potentially suppressing the stock price. Reducing debt often improves investor confidence.

Interest Rates: Higher interest rates can increase borrowing costs for OXY, affecting profitability and investment decisions. Lower rates can provide financial flexibility.

Global Economy: Economic growth typically increases demand for oil and gas, positively affecting OXY. Recessions can lower demand and negatively impact the stock.

Mergers and Acquisitions: Announcements of mergers or acquisitions, particularly those involving OXY, can significantly move the stock price based on perceived value and synergies.

Regulatory Environment: Government regulations related to energy production, emissions, and environmental standards can impact OXY's operations and profitability.

Investor Sentiment: Overall market sentiment toward the energy sector and individual stocks can influence OXY's price, regardless of fundamentals.

People Also Watch

Latest news

US Steel and Aluminum Tariffs Revamped: Simplification Amidst Potential Cost Increases

Noah Lee|--

SpaceX Files Secret IPO Bid, Eyeing Record-Breaking $1.75 Trillion Valuation

Ava Grace|--

US Intelligence: Iran Unwilling to Engage in Substantive Talks to End War

Sophia Claire|--

Latest Education Articles

What Is Sensex in Stock Market: Meaning, Calculation, and Why It Matters for Investors

What Is Sensex in Stock Market: Meaning, Calculation, and Why It Matters for Investors

Ghko B|--
Investing basics for beginners: What are the 4 economic indicators?

Investing basics for beginners: What are the 4 economic indicators?

Frances Wang|--
CFDs vs Options: What’s the Difference?

CFDs vs Options: What’s the Difference?

Julian Parker|--