OXY(US:OXY) The Motley Foolยท2025-10-25 03:36Core Insights - QSM Asset Management Ltd has initiated a new position in Occidental Petroleum, acquiring 221,760 shares valued at approximately $10.31 million, representing 7.37% of the fund's 13F reportable assets under management [1][3][4] Company Overview - Occidental Petroleum Corporation is a leading energy company with a diversified portfolio that includes oil and gas exploration, chemical manufacturing, and midstream operations [6][7] - The company generates revenue primarily from the extraction and sale of hydrocarbons, as well as the manufacturing and distribution of chemicals and related products [7] - As of October 15, 2025, Occidental's market capitalization is $41.23 billion, with a revenue of $27.24 billion and a net income of $1.73 billion for the trailing twelve months [5] Recent Performance - Occidental's stock price was $41.88 as of October 15, 2025, reflecting an 18.77% decline over the past year, underperforming the S&P 500 by 34.56 percentage points during the same period [4] - Despite the stock price decline, the company's balance sheet is reported to be stronger than it has been in a decade, with solid cash flow generation from its various business units [9] Investment Perspective - The new stake by QSM Asset Management indicates confidence in Occidental's ability to navigate the energy cycle, as the company has demonstrated resilience and adaptability [10] - Occidental's integrated business model allows it to remain profitable during downturns in crude prices while capitalizing on price increases [9]