OXY's 0.57% Decline and 303rd-Volume Rank Amid 68% Earnings Forecast Drop

On August 19, 2025, Occidental Petroleum (OXY) closed with a 0.57% decline, trading at $43.62. The stock recorded a daily trading volume of $0.32 billion, ranking 303rd in market activity. The company is set to release its Q2 2025 earnings report after market close on August 6, with analysts projecting a profit of $0.33 per share, reflecting a 68% year-over-year drop from $1.03. Despite the anticipated earnings contraction, OXY has exceeded Wall Street’s EPS estimates in each of its last four quarterly reports, underscoring its consistent performance relative to expectations.

Recent coverage highlights OXY’s strategic focus on its integrated portfolio, particularly in high-return basins like the Permian. Analysts note that the company’s operational efficiency and disciplined capital allocation position it to sustain long-term value creation. However, broader market dynamics, including geopolitical tensions and fluctuating energy prices, remain key risks for the sector. The stock’s current price above its 50-day simple moving average suggests a bullish technical outlook, though mixed market sentiment and bond yield volatility may temper near-term momentum.

The backtest of a strategy involving the top 500 stocks by daily trading volume from December 2022 to August 2025 showed a total profit of $2,940, with a maximum drawdown of $1,960. This indicates a volatile yet ultimately positive performance, marked by a peak-to-trough decline of 19.6% during the period.