Occidental Petroleum Stock Tied to Volatile Oil Prices at $50 Billion

As of September 6, 2026, Occidental Petroleum stock is trading in the high 50 US dollar range on the New York Stock Exchange.

This valuation puts the integrated oil and gas producer at approximately $50 billion market capitalization.

The company's near-term prospects are closely tied to the volatile crude oil price.

In its most recent quarterly report for Q2 2026, Occidental Petroleum reported multi-billion dollar revenue from exploration and production operations, reflecting elevated average oil prices compared to historical lows in 2020.