Occidental Petroleum, US6745991058

Occidental Petroleum stock heads into the open after a 5.42 percent drop

Published on 09/17/2026 at 05:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

At the close on September 16, 2026, Occidental Petroleum stock ended at USD 60.08 on the NYSE, down 5.42 percent. Oil weakness and a lower S and P 500 session framed the move, while the next session starts today.

Fotorealistische Ölförderpumpen in trockener Wüstenlandschaft des Permian-Basin bei Abendlicht
Occidental Petroleum US6745991058 zeigt fotorealistische Ölförderpumpen im weiten Permian-Basin bei stimmungsvollem Sonnenuntergang heute, Illustration mit AI erstellt.

Occidental Petroleum stock closed at USD 60.08 on the NYSE on September 16, 2026, down 5.42 percent. The move came as Brent and WTI futures fell, while the S and P 500 ended the session lower.

September 16, 2026 close

Occidental Petroleum Corporation (ISIN US6745991058, NYSE: OXY) ended the last session 5.42 percent lower, with the shares down USD 3.44 from the prior close. ad hoc news reported that oil prices weakened on September 16, 2026, with Brent crude down USD 1.69 and WTI down USD 2.60, a move that weighed on energy shares. The same report said Occidental Petroleum closed at USD 60.08 on the NYSE.

The shares also finished below the session levels implied in intraday coverage, and the stock moved in step with a softer energy tape. For the broader market context, the S and P 500 closed at 7,551.81 on September 16, 2026, down 0.4 percent.

Today

Oil prices remain the main market variable for the stock today. Benzinga noted that Energy Information Administration data showed crude stockpiles fell by 640,000 barrels for the week ending September 11, 2026, missing expectations for a larger draw. MarketBeat said the company declared a quarterly dividend with record date September 10, 2026 and payment date October 15, 2026.

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