OX
OXY
+2.8%🟢 Fundamentally supportedOccidental Petroleum Corporation · Energy
$62.36Vol 11.61M · 1.3× normalMkt cap +$1.69BMarket closed — 2026-10-16 session
What happened
Move
+2.8%
Price
$62.36
Volume
11.61M
1.3× normal
Market cap
$62.34B
+$1.69B today
Why it moved
Earnings releasemedium confidence
- Will Occidental (OXY) Beat Estimates Again in Its Next Earnings Report? — finnhub-news
- Morgan Stanley Maintains Equal-Weight on Occidental Petroleum, Raises Price Target to $71 — finnhub-news
Possible catalyst: earnings release.
Verdict — was the move justified?
🟢 Fundamentally supported
Earnings release — direction and rough magnitude are consistent with the identified fundamental catalyst.
How unusual is this move
σ score
1.4σ
vs own 20d volatility
Percentile
82th
of 1280 daily moves
Avg daily move
±1.7%
own 5y average
vs sector
-0.5%
beyond sector median
What happened after similar moves
139 similar up moves in OXY’s 5-year history:
After 5 days
+1.2%
61% higher
After 20 days
+1.2%
58% higher
Median of same-direction moves within ±35% magnitude band. Past patterns don’t predict outcomes — context, not signal.
Fundamental context
V 85G 6P 75H 46Q 55
Valuation context
P/E (TTM)
8.5
5y median 13.2
P/E percentile
31%
vs own 5y history
FCF yield
0.1%
Valuation sits near the middle of its own historical range (31th percentile).
Full fundamental analysis on PreMarketPrice
Pillar scores, financial statements, valuation history, news & more for OXY