Occidental Petroleum (OXY) is up 5.9% today. Here is some analysis on what might have caused this price movement.
Analysis: The most likely driver was a sharp move higher in crude prices, which tends to lift oil-focused producers like Occidental because stronger benchmark prices can quickly improve cash flow expectations. There does not appear to be a major new company-specific filing or transaction announced today, so the rally looks primarily tied to the commodity backdrop and broader investor positioning in energy shares.
Details:
Sources:
Reuters, Occidental Petroleum, SEC
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$OXY Insider Trading Activity
$OXY insiders have traded $OXY stock on the open market 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $OXY stock by insiders over the last 6 months:
- RICHARD A. JACKSON (President and CEO) purchased 4,770 shares for an estimated $249,852
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$OXY Hedge Fund Activity
We have seen 635 institutional investors add shares of $OXY stock to their portfolio, and 420 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- AQR CAPITAL MANAGEMENT LLC added 6,069,253 shares (+229.1%) to their portfolio in Q1 2026, for an estimated $394,501,445
- FAIRFAX FINANCIAL HOLDINGS LTD/ CAN removed 6,050,418 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $393,277,170
- DODGE & COX removed 5,387,499 shares (-6.8%) from their portfolio in Q1 2026, for an estimated $350,187,435
- STATE STREET CORP added 3,731,054 shares (+9.4%) to their portfolio in Q1 2026, for an estimated $242,518,510
- SUSQUEHANNA INTERNATIONAL GROUP, LLP removed 2,994,715 shares (-87.8%) from their portfolio in Q1 2026, for an estimated $194,656,475
- H&H INTERNATIONAL INVESTMENT, LLC removed 2,911,100 shares (-22.1%) from their portfolio in Q1 2026, for an estimated $189,221,500
- BLACKROCK, INC. added 2,023,901 shares (+4.0%) to their portfolio in Q1 2026, for an estimated $131,553,565
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$OXY Congressional Stock Trading
Members of Congress have traded $OXY stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $OXY stock by members of Congress over the last 6 months:
- REPRESENTATIVE GILBERT RAY CISNEROS, JR. purchased up to $15,000 on 02/10.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
$OXY Price Targets
Multiple analysts have issued price targets for $OXY recently. We have seen 14 analysts offer price targets for $OXY in the last 6 months, with a median target of $66.5.
Here are some recent targets:
- Devin McDermott from Morgan Stanley set a target price of $68.0 on 06/29/2026
- Nitin Kumar from Mizuho set a target price of $75.0 on 05/27/2026
- Betty Jiang from Barclays set a target price of $72.0 on 05/26/2026
- Gabe Daoud from Truist Securities set a target price of $57.0 on 05/08/2026
- Betty Zhang from Scotiabank set a target price of $57.0 on 04/22/2026
- Josh Silverstein from UBS set a target price of $67.0 on 04/13/2026
- Sam Margolin from Wells Fargo set a target price of $72.0 on 04/09/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
