Why Occidental Petroleum Plunged Today

02:53pm, Friday, 17'th Apr 2026
Occidental fell as oil prices tumbled to their lowest levels since early March. President Trump said Iran and the U.S. were close to a deal to end the conflict.
WTI crude plunged more than 14% to about $81 a barrel Friday morning and Brent fell 10% to roughly $89. Friday's news is especially bearish for OXY because the company's earnings power, cash flow prof
Occidental Petroleum's shares have soared due to the war with Iran. The stock has outperformed many of its peers for several reasons, including its ties with Berkshire Hathaway.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest
Occidental Petroleum Corp's (NYSE: OXY) stock saw a sharp surge in its momentum score, jumping from 31.02 to 92.51 on a week-over-week basis.
Occidental Petroleum CEO Vicki Hollub discusses the company's operations in the Middle East on 'The Claman Countdown.' #fox #media #breakingnews #us #usa #new #news #breaking #foxbusiness #theclamanco
In the closing of the recent trading day, Occidental Petroleum (OXY) stood at $55.38, denoting a -4.62% move from the preceding trading day.

Why Occidental Petroleum Fell Today

02:46pm, Tuesday, 14'th Apr 2026
The U.S. imposed a blockade of vessels from Iranian ports through the Strait of Hormuz. Yet CENTCOM said it had also let some ships from non-Iranian ports through the U.S. blockade.
MTDR, PAM, OXY, FAF and AXS stand out with attractive EV-to-EBITDA ratios and strong earnings outlooks.
CEO Vicki Hollub will retire after four decades at Occidental Petroleum. COO Richard Jackson will replace Hollub, and investors will be watching.
Occidental is scheduled to provide its Q1 update on May 6. The oil and gas producer is well-positioned to beat expectations with its Q1 results.
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OXY strikes oil at the Bandit prospect in the Gulf of America, with a potential subsea tie-back to nearby facilities that could lift long-term output and cash flow.
Oxy's stock has pulled back from its 52-week high. If oil prices stay elevated, Oxy's stock could bounce back and set new highs.
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