Occidental Petroleum Corp (NYSE:OXY) shares, rose in value on Wednesday, June 18, with the stock price down by -1.37% to the previous day’s close as strong demand from buyers drove the stock to $45.35.
Actively observing the price movement in the last trading, the stock closed the session at $45.98, falling within a range of $45.13 and $46.8052. The value of beta (5-year monthly) was 0.853 whereas the PE ratio was 18.35 over 12-month period. Referring to stock’s 52-week performance, its high was $64.75, and the low was $34.78. On the whole, OXY has fluctuated by 7.19% over the past month.
With the market capitalization of Occidental Petroleum Corp currently standing at about $44.63 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-07. The company’s Forward Dividend Ratio is 0.92, with its dividend yield at 2.03%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that OXY’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 2.94, with the price of OXY currently trading nearly 5.62% and 9.68% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 60.91, while the 7-day volatility ratio is showing 2.78% which for the 30-day chart, stands at 1.73%. Furthermore, Occidental Petroleum Corp (OXY)’s beta value is 0.85, and its average true range (ATR) is 1.30.
A comparison of Occidental Petroleum Corp (OXY) with its peers suggests the former has fared considerably weaker in the market. OXY showed an intraday change of -1.37% in last session, and over the past year, it shrunk by -24.21%%.
Data on historical trading for Occidental Petroleum Corp (NYSE:OXY) indicates that the trading volumes over the past 10 days have averaged 12.7 and over the past 3 months, they’ve averaged 12.53 million. According to company’s latest data on outstanding shares, there are 984.13 million shares outstanding.
Nearly 0.38% of Occidental Petroleum Corp’s shares belong to company insiders and institutional investors own 76.11% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 35.06 million shares as on 2025-05-30, resulting in a short ratio of 3.34. According to the data, the short interest in Occidental Petroleum Corp (OXY) stood at 554.00 of shares outstanding as of 2025-05-30; the number of short shares registered in 2025-04-30 reached 33.95 million. The stock has fallen by -8.22% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the OXY stock heading into the next quarter.
