MARKET WIRE NEWS

Why Occidental Petroleum Stock Slumped 15% in the First Half of 2025

Source: Motley Fool

2025-07-16 12:16:48 ET

Occidental Petroleum (NYSE: OXY) , an S&P 500 stock, was a significant underperformer in 2024 when it lost 17% of its value. Unfortunately for investors in the oil stock, its losing streak has continued into 2025 so far, with shares of Occidental shedding another 15% in the first half of the year according to data provided by S&P Global Market Intelligence .

Crude oil prices have fallen in 2025, and that doesn't bode well for any oil producer. But is there more to Occidental stock's fall than just oil prices, or has the market overreacted and given investors a once-in-a-lifetime opportunity to buy a stock that even legendary investor Warren Buffett loves ?

Image source: Getty Images.

Continue reading

Occidental Petroleum Corporation

NASDAQ: OXY

OXY Trading

0.6% G/L:

$53.94 Last:

21,276,243 Volume:

$54.20 Open:

mwn-alerts Ad 300

OXY Latest News

July 15, 2025 03:24:00 am
3 Warren Buffett Stocks to Hold Forever

OXY Stock Data

$45,728,542,294
975,358,330
0.07%
602
N/A
Fossil Fuels
Energy
US
Houston

Subscribe to Our Newsletter

Link Market Wire News to Your X Account

Download The Market Wire News App