Occidental Petroleum Stock News

US shale producer Occidental Petroleum surpassed Wall Street ​expectations for third-quarter profit on Monday, ‌as higher oil prices helped offset a decline in production.

HOUSTON, Nov. 09, 2026 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced it signed long-term agreements with two companies to secure CO₂ captured from third-party natural gas processing facilities in the Delaware Basin for use in Occidental's enhanced oil recovery (EOR) operations in the Permian Basin. The two project developers will fund and build the infrastructure to capture, transp...

HOUSTON, Nov. 09, 2026 (GLOBE NEWSWIRE) --  Occidental (NYSE: OXY) today announced its third 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, Oct. 26, 2026 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) announced today that its Board of Directors declared a regular quarterly dividend of $0.28 per share on common stock, payable on January 15, 2027, to stockholders of record as of the close of business on December 10, 2026.

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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.