OXY

In April 2026, OXY stock experienced a 5.77% gap down, though energy and oil stocks generally saw price increases due to geopolitical events. In May 2026, S&P Global Ratings revised Occidental's outlook to positive from stable, affirming its 'BB+' rating, citing significant debt reduction and increased free operating cash flow, partly from the $9.7 billion sale of OxyChem. Energy and oil stocks, including OXY, ticked higher in July 2026 following statements regarding a ceasefire with Iran. Occidental reported stronger-than-expected Q2 2026 earnings in August, with revenue of $8.07 billion and adjusted EPS of $2.40, both exceeding estimates. The stock experienced a decline in September 2026, reflecting market sentiment and analyst adjustments. In October 2026, OXY shares rose 3.6% to $60.28 on October 8, and Wall Street Zen upgraded Occidental Petroleum to 'strong-buy' on October 10, citing strong quarterly results and substantial institutional ownership.