Houston, Texas-based Occidental Petroleum Corporation (OXY) is an integrated oil and gas company. It engages in the acquisition, exploration, and development of oil and gas properties. With a market cap of $43.8 billion, Occidental Petroleum’s operations span the United States, the Middle East, and North Africa.
The oil & gas giant has significantly underperformed the broader market over the past year. OXY stock has plummeted 18.7% over the past 52 weeks and 6.2% on a YTD basis, compared to the S&P 500 Index’s ($SPX) 20.9% surge over the past year and 1.9% gains in 2025.
