Occidental Petroleum Stock News

Occidental's oil recovery capabilities and debt reduction plan can help its cheap stock to rally, analyst Neil Mehta says.

Investors could buy Occidental Petroleum stock at the current price, or they could use options to potentially buy it at a discount.

U.S. oil producer Occidental Petroleum said on Thursday it expects flat production and capital spending in 2027, adding that it would ​continue to prioritize debt-reduction efforts.

U.S. shale producer Occidental Petroleum reported its highest quarterly ​profit since 2022, surpassing Wall Street expectations ‌on Wednesday, helped by higher oil prices and production.

HOUSTON, Aug. 05, 2026 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced its second quarter 2026 financial results. The earnings release and accompanying financial schedules can be accessed via the Investor Relations section of the company's website at oxy.com.

HOUSTON, July 31, 2026 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) announced today that Brad Pollack has been appointed Senior Vice President and General Counsel, effective August 1, 2026, overseeing the company's global legal department. Pollack will succeed Sylvia Kerrigan as part of a planned transition. Kerrigan will remain Senior Vice President and Chief Legal Officer through the end of 202...

The industry is contending with one of its toughest challenges yet under the Republican administration.