OXY(US:OXY) Xin Lang Cai Jing·2026-02-19 23:28Group 1: Oil Prices and Market Reactions - Oil prices experienced a significant increase, with WTI crude oil and ICE Brent crude both rising over 2% during trading, closing at a 1.9% increase for WTI and 1.86% for Brent [1][9] - The rise in oil prices is attributed to concerns over potential military conflict between the US and Iran, with WTI crude reaching a high of $66.70 per barrel, the highest since August of the previous year [9] - Oil stocks surged in the US market, with Occidental Petroleum rising nearly 10%, Murphy Oil and EQT Energy increasing by nearly 4%, and ExxonMobil gaining over 1.5% [3][9] Group 2: Company Performance - Occidental Petroleum's stock surge was not only due to rising oil prices but also because its fourth-quarter earnings exceeded market expectations, reporting revenues of $5.42 billion, a 5.2% year-over-year decline, and an adjusted profit of $315 million, significantly higher than the expected $180 million [10]