Why Occidental Petroleum Stock Rocketed More Than 10% in January

Occidental Petroleum (NYSE: OXY) started 2026 off with a bang. Shares of the oil and gas producer rallied 10.4% in January. That meaningfully outperformed the S&P 500's 1.4% rise last month. A rebound in crude oil prices was a major catalyst for the oil stock last month. However, it wasn't the only factor behind Occidental's January surge. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » ...