Core Viewpoint - Occidental Petroleum Corporation is actively considering the sale of its OxyChem division, which could be valued at a minimum of $10 billion, potentially impacting its financials and market perception significantly [2][4]. Group 1: Company Overview - Occidental Petroleum Corporation (NYSE:OXY) is a major player in the oil and gas industry, focusing on exploration and production, while also engaging in chemical manufacturing through its OxyChem division [1]. - As of September 29, 2025, the stock was trading at $47.47, with a price target set at $48 by Barclays, indicating a slight difference of 1.12% [1]. Group 2: Financial Metrics - The company's market capitalization is approximately $46.73 billion, showcasing its substantial presence in the industry [3]. - The stock has shown volatility over the past year, with a 52-week high of $56.49 and a low of $34.78 [3]. - Recent trading activity indicates a price change of $0.485, marking a 1.03% increase, with a trading range between $46.97 and $48.51 [2][3]. Group 3: Strategic Developments - The potential sale of the OxyChem division could provide significant capital for Occidental, which may influence its stock price and overall market strategy [4]. - Investor interest appears to be active, with a trading volume of 9,374,487 shares, likely influenced by the ongoing discussions regarding the OxyChem sale [3].