Occidental Petroleum Surges to 197th in Trading Volume Ranking with $476 Million in Daily Turnover

On June 3, 2025, Occidental Petroleum (OXY) saw a significant increase in trading volume, reaching $476 million, marking a 43.52% rise from the previous day. This surge placed OXY at the 197th position in terms of trading volume for the day. The stock price of OXY rose by 3.02%, marking its second consecutive day of gains, with a total increase of 4.68% over the past two days.

Occidental Petroleum Corp (OXY) experienced a notable surge in its stock price, reaching an intraday high of $43.03 before settling at $42.90, up from its previous close of $41.44. This price movement places OXY 33.75% below its 52-week high of $64.76 and 23.33% above its 52-week low of $34.79. The trading volume for the day was 5,928,703 shares, which is 44.6% of the average daily volume of 13,286,025 shares.

Analysts have provided a range of price targets for OXY, with an average target price of $48.61. This target implies a potential upside of 13.31% from the current price of $42.90. The consensus recommendation from brokerage firms indicates a "Hold" status for OXY, with a rating scale ranging from 1 to 5, where 1 signifies a Strong Buy and 5 denotes a Sell. The average brokerage recommendation is currently 2.7.

GuruFocus estimates the GF Value for OXY to be $52.13 in one year, suggesting an upside of 21.52% from the current price. This estimate is based on historical trading multiples, past business growth, and future performance estimates. The GF Value is designed to provide an estimate of the fair value at which the stock should be traded.