Is OXY Worth Buying in 2026?

Occidental Petroleum Corporation

STOCK CRUDE PETROLEUM & NATURAL GAS Updated 2026-08-16

Here’s whether Occidental Petroleum Corporation (OXY) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Bullish.

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Bullish

Positives: trading above the 200-day MA (long-term uptrend intact); above the 50-day MA (medium-term momentum positive); RSI 61 — healthy momentum range; strong 1-year return of +30.4%. Concerns: 50-day MA is falling (-0.51% over 10 days). Currently 13.5% off its 52-week high. Score: +4/7.

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OXY is in a confirmed uptrend, trading above both its 50-day ($54.49) and 200-day ($50.99) moving averages. An RSI of 61.4 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of +30.4% compares to +20.4% for SPY (beat the market by 10.0%).

$10,000 invested 1 year ago → $13,036 today
vs. S&P 500 (SPY) — same period beat market by 10.0%

1-Year Price Chart

Daily candles
MA-50 MA-200 Up Down

Signal Check

Above 200-day MA ($50.99)
Above 50-day MA ($54.49)
RSI(14) neutral zone (30–70) — currently 61.4
Positive return (+30.4%)
!Within 10% of period high (−13.5%)
Period Range $58.36
$38.80 $67.45
RSI (14) 61.4
0 · OversoldOverbought · 100

Key Metrics

Price$58.36
Period Return+30.4%
Period High$67.45
Period Low$38.80
Drawdown−13.5%
MA-50$54.49
MA-200$50.99
RSI (14)61.4
Avg Volume (30d)9.0M
vs. SPYbeat by 10.0%
Return Rank#414 of 1252

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