OXY Stock Underperforms its Industry in a Year: How Should You Play?

Occidental Petroleum’s (OXY) share price has dropped 25.2% in the trailing 12 months, wider compared with its industry’s decline of 15.7%. In the same period, the Zacks Oil & Energy sector has declined 0.9%.OXY’s exposure to fluctuating commodity prices remains a concern. As of Dec. 31, 2024, there were no active commodity hedges in place, so if the commodity prices drop substantially, it can adversely impact Occidental’s performance.Price Performance (One Year)Image Source: Zacks Investment ResearchShould ...