Occidental Petroleum Plummets to 113th in Trading Volume Ranking as Stock Price Drops 9.35

On April 10, 2025, Occidental Petroleum (OXY) experienced a significant decline, with its trading volume reaching $968 million, a 36.35% decrease from the previous day. This placed it at the 113th position in terms of trading volume for the day. The stock price of Occidental Petroleum dropped by 9.35%.

Occidental Petroleum reported higher prices for crude oil and natural gas in the first quarter of 2025 compared to the previous quarter. However, the benefits of these higher prices may not translate into increased revenue and earnings unless the company increases its production levels.

Occidental Petroleum has flagged higher prices for its oil and gas production in the first quarter of 2025. This news comes as the company continues to navigate the volatile energy market, where tariff concerns and other external factors are weighing on growth prospects.