Browse Category

NYSE:OXY 4 January 2026 - 28 February 2026

Iran strikes put oil, defense and tanker stocks in focus ahead of Wall Street reopen

Iran strikes put oil, defense and tanker stocks in focus ahead of Wall Street reopen

U.S. and Israel launched strikes on Iran Saturday, intensifying concerns over oil supply disruptions. Brent crude rose 2.45% to $72.48 a barrel Friday, while the S&P 500 fell 0.43%. Defense and energy stocks outperformed, with Lockheed Martin up 2.56% and Exxon Mobil up 2.67%. OPEC+ meets Sunday to discuss possible output increases after the Iran attack.
Occidental Petroleum stock (OXY) holds near a 52-week high as oil stays elevated — what traders watch next

Occidental Petroleum stock (OXY) holds near a 52-week high as oil stays elevated — what traders watch next

Occidental Petroleum closed Monday up 1.2% at $52.43, hitting a new 52-week high as oil prices stayed near six-month peaks. The company announced an 8% dividend increase and launched a $700 million bond buyback, with deadlines in March. Crude settled at $71.49 a barrel for Brent and $66.31 for WTI ahead of U.S.-Iran nuclear talks. The S&P 500 fell 1.04% on the day.
24 February 2026
OXY stock price wobbles after earnings jump as debt move and dividend hike come into view

OXY stock price wobbles after earnings jump as debt move and dividend hike come into view

Occidental Petroleum shares fell 0.3% to $51.39 in early New York trading after the company issued new 2026 spending guidance and announced a $700 million debt tender offer. The oil producer reported better-than-expected fourth-quarter profit and raised its quarterly dividend by over 8%. Brent crude hovered near $71.33 a barrel on U.S.-Iran tensions. Chevron and Exxon Mobil also slipped in early trade.
Oil stocks face Tuesday open as Venezuela sanctions shift meets OPEC+ supply talk

Oil stocks face Tuesday open as Venezuela sanctions shift meets OPEC+ supply talk

Brent crude settled at $67.75 a barrel and U.S. WTI at $62.89 Friday, both down for the week. U.S. oil stocks face new supply signals as Washington expands Venezuela licenses and OPEC+ considers raising output from April. U.S. petroleum inventory data is delayed to Thursday due to the federal holiday. Major U.S. oil shares ended mixed; Exxon fell 1%, Chevron rose 0.7%.
Oil stocks brace for OPEC+ April output decision after Exxon slips, refiners climb

Oil stocks brace for OPEC+ April output decision after Exxon slips, refiners climb

OPEC+ is considering restarting oil output hikes from April, with eight producers meeting March 1. Brent crude settled up 0.3% at $67.75 Friday, but both Brent and WTI posted weekly losses. U.S. markets close Monday for Presidents Day. Washington eased some Venezuela energy sanctions, allowing Chevron and others to operate under new Treasury rules.
Oil stocks brace for a volatile week as OPEC+ holds March output and Iran risk simmers

Oil stocks brace for a volatile week as OPEC+ holds March output and Iran risk simmers

OPEC+ will keep oil production unchanged for March, as Brent crude closed Friday at $70.69 a barrel. Chevron and Exxon shares rose after reporting quarterly earnings and announcing buybacks and dividends. U.S. oil inventories and tensions with Iran remain in focus. Exxon posted $1.71 per share in adjusted profit, while Chevron reported $1.52.
Natural gas prices cool after storm spike — EQT and gas stocks hold up as traders eye storage

Natural gas prices cool after storm spike — EQT and gas stocks hold up as traders eye storage

February U.S. natural gas futures fell about 6% to $6.53/mmBtu ahead of contract expiration Wednesday, following a weather-driven spike earlier in the week. Output in the Lower 48 states averaged 106.9 bcfd in January, down from December’s record. EQT shares rose 1.8% in early trading. LNG and crude exports from the Gulf Coast briefly halted over the weekend before resuming.
Energy stocks close at fresh records as oil jumps on Iran fears; what to watch this week

Energy stocks close at fresh records as oil jumps on Iran fears; what to watch this week

The S&P 500 energy index closed at a record high Friday, up 0.6%, as oil prices jumped nearly 3% after new U.S. sanctions on Iranian exports and supply concerns. Brent settled at $65.88 a barrel, U.S. crude at $61.07. Chevron’s Tengiz oilfield in Kazakhstan remains shut after a fire. Exxon Mobil rose 1% to $134.97; Occidental gained 2.2% to $44.10.
Oil stocks brace for Tuesday as Brent holds near $64 and tariff jitters cloud demand

Oil stocks brace for Tuesday as Brent holds near $64 and tariff jitters cloud demand

Brent crude edged up to $64.14 a barrel Tuesday as oil stocks reopened after the U.S. holiday, with traders watching tensions over Greenland and new U.S. tariff threats on Europe. Exxon Mobil gained 0.6% to $129.89, while Chevron held at $166.26. S&P 500 and Nasdaq futures fell over 1.2%. The Energy Information Administration’s weekly oil report is due Thursday.
Oil stocks brace for holiday week as Chevron Venezuela license and $60 oil collide

Oil stocks brace for holiday week as Chevron Venezuela license and $60 oil collide

Chevron is set to gain expanded rights in Venezuela, allowing cash payments to the government and full crude sales, U.S. Energy Secretary Chris Wright said Friday. Brent crude closed at $64.13 a barrel, up 0.6%, while Chevron shares ended nearly flat at $166.26. The U.S. dismissed reports of using Venezuelan oil to refill the Strategic Petroleum Reserve. North American rig count rose by 28 to 769, with U.S. rigs down by one.
Oil stocks head into long weekend with Iran risk in focus as Exxon, Chevron earnings near

Oil stocks head into long weekend with Iran risk in focus as Exxon, Chevron earnings near

U.S. energy stocks edged higher Friday as crude prices rose, with Brent closing at $64.13 a barrel and WTI at $59.44. Exxon gained 0.6%, Chevron 0.1%, while ConocoPhillips and Occidental fell. Markets will close Monday for Martin Luther King Jr. Day, leaving traders exposed to headline risk. Exxon and Chevron report earnings Jan. 30.
ConocoPhillips stock slips in regular session as oil tumbles — what to watch before Feb. 5 earnings

ConocoPhillips stock slips in regular session as oil tumbles — what to watch before Feb. 5 earnings

ConocoPhillips shares fell 0.6% to $99.69 Thursday as crude prices dropped sharply, with Brent down 4.7% and WTI off 4.9% after U.S. comments eased Iran supply fears. The company reported early gas finds in Australia’s Otway Basin but has not committed to development. Investors await Feb. 5 results and 2026 guidance. Exxon Mobil, Chevron, and Occidental Petroleum also traded lower.
Oil stocks brace for Monday as Bessent hints Venezuela sanctions relief; Chevron, Exxon in focus

Oil stocks brace for Monday as Bessent hints Venezuela sanctions relief; Chevron, Exxon in focus

U.S. Treasury Secretary Scott Bessent said sanctions on Venezuela could be eased as soon as next week to boost oil exports, with proceeds possibly flowing back into the country. Brent crude closed Friday at $63.34 a barrel, WTI at $59.12, amid ongoing tensions in Iran and Ukraine. President Trump signed an order blocking seizure of Venezuelan oil revenue in U.S. accounts. Chevron and Exxon shares rose; ConocoPhillips slipped.
Occidental Petroleum stock rises premarket: OXY climbs after $9.7B OxyChem sale — what investors watch next

Occidental Petroleum stock rises premarket: OXY climbs after $9.7B OxyChem sale — what investors watch next

Occidental Petroleum shares rose 1.7% in premarket trading after closing a $9.7 billion cash sale of its OxyChem chemicals unit to Berkshire Hathaway. The company retains certain legacy liabilities tied to historical operations outside the sold facilities. Oil prices slipped, with Brent near $60.54 a barrel. Investors await Occidental’s next results, expected around Feb. 17.
Berkshire Hathaway stock: OxyChem deal closes as investors size up the Abel era

Berkshire Hathaway stock: OxyChem deal closes as investors size up the Abel era

Berkshire Hathaway completed its $9.7 billion all-cash acquisition of Occidental Petroleum’s OxyChem unit on Friday. Berkshire’s Class B shares fell 1.15% to $496.85, underperforming the broader market. The deal expands Berkshire’s chemicals business and comes as investors watch for further capital moves after Warren Buffett’s leadership transition. OxyChem’s final price remains subject to post-closing adjustments.
4 January 2026
Go toTop