How Is Occidental Petroleum's Stock Performance Compared to Other Oil & Gas E&P Stocks?
OXYOXY(US:OXY) Yahoo Finance·2026-03-04 07:49

Company Overview - Occidental Petroleum Corporation (OXY) has a market capitalization of $53.5 billion and is involved in the acquisition, exploration, and development of oil and gas properties both in the United States and internationally [1] - The company operates through two main segments: Oil and Gas, and Midstream and Marketing [1][2] Stock Performance - OXY shares have declined 4.7% from their 52-week high of $56.34, but have increased 26.5% over the past three months, outperforming the State Street SPDR S&P Oil & Gas Exploration & Production ETF (XOP), which rose 16.5% in the same period [3] - Year-to-date, OXY stock is up 30.5%, compared to XOP's 25.9% gain, but over the past 52 weeks, OXY has only increased 15.6%, lagging behind XOP's 27.6% return [3] Technical Indicators - The stock has been trading above its 50-day and 200-day moving averages since January [4] Financial Results - Following its Q4 2025 results, OXY shares climbed 9.4% after reporting an adjusted EPS of $0.31, which exceeded expectations despite lower realized oil prices of $59.22 per barrel [5] - The improvement was attributed to a significant turnaround in the midstream unit, which reported $204 million in pre-tax income, compared to a $123 million loss the previous year, aided by higher gas margins in the Permian, lower transportation costs, and stronger sulfur prices at Al Hosn [5] Competitive Landscape - Rival ConocoPhillips (COP) has slightly lagged behind OXY on a year-to-date basis with a gain of 26.6%, but has outperformed OXY over the past 52 weeks with an increase of nearly 28% [6] - Analysts remain cautious on Occidental Petroleum due to its weak performance over the past year, with a consensus rating of "Hold" from 27 analysts, and the stock is currently trading above the mean price target of $52.08 [6]

How Is Occidental Petroleum's Stock Performance Compared to Other Oil & Gas E&P Stocks? - Reportify