1 research call since Oct 17. Latest view: Neutral
Last close
$62.73 2026-10-27
1 week
-0.3%
1 month
+10.3%
3 months
+16.3%
1 year
+48.3%
Latest call vs SPY
-0.3% since 2026-10-16
Next earnings
2026-11-09 AMC
Technical scan
Strong Buy rank 26 of 127
Price, last 12 months daily close · markers are published calls
Current technical signals nightly scan, 2026-10-27
MACD: Bullish WeakeningOBV: Confirmed Uptrend
Notable moves days OXY was among the market's biggest movers
2026-10-01+4.6% Top gainer of the day · $57.84
2026-09-23+1.9% Top gainer of the day · $57.36
2026-09-16-6.5% Top decliner of the day · $59.36
2026-08-25-2.8% Unusually wide price gap · $58.41
2026-08-13-1.4% Top decliner of the day · $57.70
2026-08-06+4.1% Earnings beat · $56.04
2026-08-03-2.8% Energy stocks fell · $55.47
What would change the latest view
If OXY hits $10B debt and explicitly schedules buyback resumption before mid-2027 while oil holds >$85, the 'no edge' view is wrong — that is a rerate trigger worth sizing
If FY2027 consensus EPS holds above ~$7 while Brent normalizes to $84, the structural-plan floor is real and the stock is cheap at 11x
If Brent breaks below $75 with the debt target still unreached, the deleveraging-slows bear case activates and downside asymmetry dominates
OXY at ~$62 fairly reflects two offsetting forces: (1) a temporary Iran-war oil premium (WTI ~$98, Brent ~$106) inflating FY2026 EPS to ~$9 consensus, and (2) a durable but incomplete deleveraging story. The 11.2x forward P/E implies the market already expects a large EPS normalization into 2027 (EIA base case ~$84 Brent; downside scenarios $60-70) — though that inference…
Entry $62.38 (2026-10-16)1m vs SPY: -0.3%so far
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