OXY has been in the news 341% more than usual
Mar 09, 2026, 12:31 PM
2.38%
What does OXY do
Occidental Petroleum, headquartered in Houston, Texas, explores and produces oil and natural gas, employing 12,570 people and operating in the Permian, DJ basins, and Gulf of Mexico. The company has three segments: oil and gas, chemicals, and midstream and marketing.
OXY has been in the news recently: Occidental Petroleum operates within a U.S. oil market that is affected by global prices and geopolitical tensions, with recent increases pushing crude oil prices above $100 per barrel. Additionally, production cuts by entities like Kuwait Petroleum Corporation and Exxon's responses to these changes reflect the interconnectedness of the oil industry amid rising costs.
📡️ Energy
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