Occidental Petroleum Corporation ($OXY) Stock Forecast: Down 5.4% Today

What is Occidental Petroleum Corporation?

Occidental Petroleum (OXY) is a multinational oil and gas exploration and production company with a focus on high-margin Permian assets. Today, OXY experienced a strong bearish movement in the market.

Why is Occidental Petroleum Corporation going down?

OXY stock is down 5.4% on Jul 15, 2025 19:10

• OXY stock was trading above its 50-day SMA after a significant rally, indicating positive momentum in the recent past.
• Despite closing slightly higher in the most recent trading session, OXY faced a bearish trend overall, possibly influenced by profit-taking or market sentiment.
• Deep-pocketed investors adopting a bearish approach towards OXY could have added selling pressure to the stock, contributing to its bearish movement.
• While OXY's strategic acquisitions and strong Permian assets are seen as long-term value drivers, the bearish sentiment from big money investors might have overshadowed these positive aspects in today's market activity.

OXY Price Chart

OXY Technical Analysis

OXY News

OXY Stock is Trading Above 50-Day SMA: Time to Buy, Hold or Sell?

OXY is trading above its 50-day SMA after a 22.5% rally, fueled by Permian strength and international assets.

https://www.zacks.com/stock/news/2580074/oxy-stock-is-trading-above-50-day-sma-time-to-buy-hold-or-sell

Occidental Petroleum ( OXY ) Increases Despite Market Slip: Here's What You Need to Know

Occidental Petroleum (OXY) closed the most recent trading day at $46.31, moving +1% from the previous trading session.

https://www.zacks.com/stock/news/2574624/occidental-petroleum-oxy-increases-despite-market-slip-heres-what-you-need-to-know

Can Acquisitions Create Long-Term Value for Occidental Petroleum?

OXY's strategic acquisitions and high-margin Permian assets fuel long-term growth.

https://www.zacks.com/stock/news/2571409/can-acquisitions-create-long-term-value-for-occidental-petroleum

Occidental Petroleum's Options: A Look at What the Big Money is Thinking - Occidental Petroleum ( NYSE:OXY )

Deep-pocketed investors have adopted a bearish approach towards Occidental Petroleum OXY, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today.

https://www.benzinga.com/insights/options/25/07/46331062/occidental-petroleums-options-a-look-at-what-the-big-money-is-thinking

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Occidental Petroleum Corporation Price History

23.05.2025 - OXY Stock was down 5.1%

• Despite significant investments in Occidental Petroleum and the optimistic long-term outlook, OXY faced a downward trend in trading.
• The stock recorded a -2.41% decrease amidst overall market gains, reflecting a unique negative perception towards OXY.
• Despite a focus on financial management and a favorable economic environment for growth, these factors did not mitigate the stock's slump.
• It seems that external influences or market sentiment overshadowed the stock's positive fundamentals and technical indicators, contributing to today's decline in Occidental Petroleum's share price.

08.04.2025 - OXY Stock was up 6.5%

• Occidental Petroleum (OXY) experienced a strong bullish movement today.
• The bullish market movement can be attributed to Occidental beating Q1 profit forecasts and successfully reducing its debt by $2.3 billion year-to-date, showcasing strong financial management.
• Despite the recent drop in OXY stock due to sliding oil prices and OPEC+ output increase, the positive Q1 earnings report and revised guidance have instilled confidence in investors, leading to the bullish market movement.
• Occidental's ability to increase production year-over-year and adjust its operational costs lower has likely impressed investors, driving the stock's upward momentum amidst the challenging oil market conditions.

08.04.2025 - OXY Stock was up 5.3%

• Despite a slide in oil prices due to OPEC+ announcing a significant output increase, OXY's stock showed strength, possibly indicating positive market sentiment towards the company.
• OXY's upcoming earnings report may have influenced investor optimism, especially with expectations of benefits from domestic assets contributing to first-quarter production.
• The adverse impacts of severe weather and unplanned outages did not seem to deter investors, suggesting confidence in the company's ability to navigate challenges.
• Overall, OXY's bullish movement could be attributed to a combination of factors, including market dynamics, upcoming earnings report expectations, and investor confidence in the company's operational resilience.

03.03.2025 - OXY Stock was down 8.8%

• Despite recent bullish options activity and the company's strong historical performance, Occidental Petroleum faced a bearish market movement today.
• The unusual options activity indicating a bullish stance from investors did not seem to translate into a positive market performance for OXY.
• It is possible that external factors such as a broader market downturn or negative industry news may have influenced the bearish movement in Occidental Petroleum's stock price today.
• Investors should keep an eye on any upcoming developments or news that could potentially impact Occidental Petroleum's stock performance in the short term.

20.11.2024 - OXY Stock was up 5.0%

• An increase in stake by a major investment firm through the purchase of nearly 9 million shares at an average price of $45.99 likely boosted investor confidence and contributed to the bullish movement.
• The positive sentiment around the stock was reinforced by a bullish approach from deep-pocketed investors evident in public options records.
• Occidental Petroleum outperformed despite broader market fluctuations, showcasing strong investor interest and potential positive outlook for the company.

08.06.2025 - OXY Stock was up 2.3%

• OXY experienced a bullish movement, possibly driven by increased investor confidence in the company's commitment to sustainable dividends, backed by its low-cost Permian assets and growing free cash flow.
• Despite a downturn in the overall market, OXY's resilience in maintaining and potentially raising its dividend through energy market fluctuations likely reassured investors, leading to the uptick in its stock performance.
• Observers have pointed out OXY's ongoing efforts to create long-term value and adapt strategic initiatives, which may have influenced the stock's outperformance relative to broader market trends.

10.03.2025 - OXY Stock was down 5.8%

• Occidental Petroleum reported higher Q1 prices for oil, gas, and NGLs, suggesting positive performance. However, the oil market was impacted by tariff tensions and OPEC+ output hike, leading to a decline in WTI crude prices.
• Despite the company's strong showing, market uncertainty seems to have overshadowed these gains, resulting in a bearish response from investors.
• A notable increase in value of Pelosi's AI pick may have diverted investor focus from traditional energy stocks like Occidental Petroleum, possibly influencing the bearish movement in OXY's stock price today.

24.05.2025 - OXY Stock was down 5.9%

• Despite the overall market gains, Occidental Petroleum (OXY) experienced a significant drop in its stock price.
• Warren Buffett's investment in Occidental Petroleum, which initially faced challenges, is showing signs of rebounding with bullish technicals and long-term free cash flow drivers emerging.
• Occidental's focus on capital discipline and leveraging lower interest rates to boost margins and cash flow may not have been enough to offset the bearish market movement impacting the stock price.
• The drop in OXY's stock price could be attributed to broader market factors, industry-specific challenges, or a combination of both, leading to a disconnect between the company's strategic initiatives and investor sentiment.

24.05.2025 - OXY Stock was down 5.6%

• Occidental Petroleum (OXY) reduced its debt by $6.8 billion in the past 10 months, which positively impacted its interest costs and provided more flexibility for shareholder returns.
• Despite an initial investment from Warren Buffett, the stock saw a decline today, indicating short-term market fluctuations.
• The company's strategy of capital discipline and leveraging lower interest rates to boost margins and cash flow may support its long-term growth prospects.
• Overall, Occidental Petroleum's bearish movement today could be a result of short-term market reactions, despite the company's efforts towards debt reduction and strategic growth initiatives.

19.01.2025 - OXY Stock was up 5.6%

• Occidental Petroleum reported a strong Q4 earnings beat with EPS at 80 cents, surpassing the consensus of 68 cents, which likely contributed to the bullish movement.
• Despite the earnings beat, the company's Q1 production guidance missing expectations could have initially caused some uncertainty in the market.
• Warren Buffett's continued investment in Occidental Petroleum, despite the stock's previous drop and current bearish trend, might have provided reassurance to investors, leading to the bullish movement.
• The mixed Q4 results, with revenues missing estimates, could have initially caused a slight slide in Occidental Petroleum's shares, but the overall positive sentiment from the earnings beat overshadowed this, resulting in the bullish movement.

19.01.2025 - OXY Stock was up 5.1%

• Despite announcing mixed Q4 results, Occidental Petroleum's stock showed a strong bullish trend today.
• The company surpassed earnings per share (EPS) projections but fell short of revenue forecasts, initially causing a minor decline in stock value.
• Warren Buffett's ongoing investment in Occidental Petroleum likely bolstered investor assurance and contributed to the positive market movement.
• Positive adjustments in price predictions by analysts before the earnings report could have also played a part in uplifting market sentiment and driving the stock upwards.

15.06.2025 - OXY Stock was down 5.4%

• OXY stock was trading above its 50-day SMA after a significant rally, indicating positive momentum in the recent past.
• Despite closing slightly higher in the most recent trading session, OXY faced a bearish trend overall, possibly influenced by profit-taking or market sentiment.
• Deep-pocketed investors adopting a bearish approach towards OXY could have added selling pressure to the stock, contributing to its bearish movement.
• While OXY's strategic acquisitions and strong Permian assets are seen as long-term value drivers, the bearish sentiment from big money investors might have overshadowed these positive aspects in today's market activity.