Occidental Petroleum shares fall as crude oil retreats and traders lock in gains

Occidental Petroleum (OXY) is down 4.2% today. Here is some analysis on what might have caused this price movement.

Analysis: The decline appears tied to a pullback in crude oil prices after recent geopolitical-driven strength, which can pressure oil-levered equities even when company fundamentals are unchanged. The move also looks consistent with short-term profit-taking after a strong run in the stock and the broader energy complex.

Details:

Crude prices moved lower as markets priced in improving odds of de-escalation in the Iran conflict, reducing the “war-risk premium” that had supported oil in March.

U.S. inventory chatter also weighed on sentiment, with industry data pointing to a much larger-than-expected weekly crude stock build, which can signal softer near-term balances.

Occidental’s most recent quarterly update highlighted ongoing balance-sheet repair after the OxyChem transaction and reiterated a higher quarterly dividend of $0.26 per share, but those items were already widely digested by investors.

This could also be a technical pullback: when oil slips quickly, leveraged energy names often overreact on the downside as traders reduce exposure.

Sources:

ING Think, Occidental Petroleum (news release), Occidental Petroleum (earnings release)

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:

WILLIAM R KLESSE purchased 5,000 shares for an estimated $194,899

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$OXY Hedge Fund Activity

We have seen 418 institutional investors add shares of $OXY stock to their portfolio, and 618 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

PACER ADVISORS, INC. removed 6,992,961 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $287,550,556
UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 6,304,362 shares (-61.4%) from their portfolio in Q4 2025, for an estimated $259,235,365
CITADEL ADVISORS LLC added 2,370,522 shares (+1039.8%) to their portfolio in Q4 2025, for an estimated $97,475,864
HIGHTOWER ADVISORS, LLC removed 2,189,513 shares (-85.1%) from their portfolio in Q4 2025, for an estimated $90,032,774
AMERICAN CENTURY COMPANIES INC removed 2,157,452 shares (-55.2%) from their portfolio in Q4 2025, for an estimated $88,714,426
SUSQUEHANNA INTERNATIONAL GROUP, LLP added 1,955,856 shares (+134.3%) to their portfolio in Q4 2025, for an estimated $80,424,798
DIMENSIONAL FUND ADVISORS LP added 1,883,721 shares (+21.6%) to their portfolio in Q4 2025, for an estimated $77,458,607

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$OXY Congressional Stock Trading

Members of Congress have traded $OXY stock 3 times in the past 6 months. Of those trades, 2 have been purchases and 1 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. has traded it 2 times. They made 1 purchase worth up to $15,000 on 02/10 and 1 sale worth up to $15,000 on 11/12.
REPRESENTATIVE MARJORIE TAYLOR GREENE purchased up to $15,000 on 10/24.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

$OXY Analyst Ratings

Wall Street analysts have issued reports on $OXY in the last several months. We have seen 1 firms issue buy ratings on the stock, and 1 firms issue sell ratings.

Here are some recent analyst ratings:

Susquehanna issued a "Positive" rating on 11/13/2025
Wells Fargo issued a "Underweight" rating on 11/12/2025

To track analyst ratings and price targets for $OXY, check out Quiver Quantitative's $OXY forecast page.

$OXY Price Targets

Multiple analysts have issued price targets for $OXY recently. We have seen 15 analysts offer price targets for $OXY in the last 6 months, with a median target of $60.0.

Here are some recent targets:

Scott Gruber from Citigroup set a target price of $67.0 on 03/30/2026
Gabe Daoud from Truist Securities set a target price of $65.0 on 03/24/2026
Samantha Hoh from HSBC set a target price of $68.0 on 03/20/2026
Arun Jayaram from JP Morgan set a target price of $63.0 on 03/20/2026
Nitin Kumar from Mizuho set a target price of $72.0 on 03/17/2026
Betty Jiang from Barclays set a target price of $59.0 on 03/16/2026
Mark Lear from Piper Sandler set a target price of $66.0 on 03/12/2026

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.