Occidental Petroleum Corporation (OXY) is down 4.6% today. Here is some analysis on what might have caused this price movement.
Analysis: The most likely driver is weakness in crude prices, which eased after a reported build in U.S. oil inventories and ahead of the Federal Reserve decision. There does not appear to be a new company-specific announcement driving the selloff, so the move looks mostly tied to commodity-price sensitivity and profit-taking after recent strength in energy shares.
Details:
Sources:
Oxy, U.S. Energy Information Administration, AP News
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 622 institutional investors add shares of $OXY stock to their portfolio, and 636 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- GQG PARTNERS LLC removed 18,311,639 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $889,396,306
- FAIRFAX FINANCIAL HOLDINGS LTD/ CAN removed 6,050,418 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $393,277,170
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 5,760,317 shares (+inf%) to their portfolio in Q2 2026, for an estimated $279,778,596
- QUBE RESEARCH & TECHNOLOGIES LTD added 5,585,331 shares (+inf%) to their portfolio in Q2 2026, for an estimated $271,279,526
- INVESCO LTD. added 5,183,129 shares (+68.5%) to their portfolio in Q2 2026, for an estimated $251,744,575
- BANK OF NEW YORK MELLON CORP added 4,882,834 shares (+84.8%) to their portfolio in Q2 2026, for an estimated $237,159,247
- PACER ADVISORS, INC. added 3,622,193 shares (+inf%) to their portfolio in Q2 2026, for an estimated $175,929,914
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 Price Targets
Multiple analysts have issued price targets for $OXY recently. We have seen 9 analysts offer price targets for $OXY in the last 6 months, with a median target of $67.0.
Here are some recent targets:
- Stephen Richardson from Evercore ISI Group set a target price of $65.0 on 07/08/2026
- 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
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.
