OXY Stock Recent News

Income investors can look at the proverbial glass of water as half-full amid intense stock market volatility. The turbulence presents great opportunities to scoop up shares of companies that pay solid dividends.

Algerian energy firm Sonatrach signed two memorandums of understanding (MOU) with U.S. shale company Occidental Petroleum to expand cooperation in hydrocarbon exploration and production in Algeria, Sonatrach said in a statement.

Despite a 21.4% drop in oil prices off its January 16, 2025, peak as measured by the United States Oil Fund, LP NYSEARCA: USO or the 23.7% drop in its stock year-to-date (YTD) stock price as of April 11, 2025, Warren Buffett's Berkshire Hathaway Inc. NYSE: BRK.A NYSE: BRK.B has not sold a single share of OXY this year.

OXY is exposed to commodity price fluctuation, but investors can remain invested, given its strong Permian Basin assets and free cash flow generation capacity.

In the most recent trading session, Occidental Petroleum (OXY) closed at $37.90, indicating a +0.61% shift from the previous trading day.

JPMorgan's Arun Jayaram isn't sitting on the fence regarding oil giants jockeying for investor attention. He's got a clear favorite, and it's not Occidental Petroleum Corp OXY.

Warren Buffett's high-conviction bet on Occidental Petroleum (NYSE: OXY) is facing one of its toughest tests yet.

Zacks.com users have recently been watching Occidental (OXY) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.

Shares of Occidental Petroleum (OXY -10.04%) crashed today and were trading 10% lower as of 12:20 p.m. ET.