Occidental Petroleum Stock News

Iran is going to grow more desperate as oil money dries up, which makes the country even more dangerous.  Some under-the-radar energy stocks Goldman Sachs loves.

Shale producer Occidental Petroleum said in a filing on Tuesday its worldwide average realized ​oil prices rose 32.6% in the third quarter from ‌a year earlier, as concerns over supply disruptions linked to the US-Iran war and restricted oil flows through the Strait ​of Hormuz lifted crude prices.

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.