OXY
Occidental Petroleum Corporation Energy - Oil & Gas Investor Relations →
Occidental Petroleum Corporation (OXY) closed at $46.31 as of 2026-02-02, trading 14.7% below its 200-week moving average of $54.29. This places OXY in the extreme value zone. The stock moved further from the line this week, up from -16.5% last week. The 14-week RSI sits at 70, indicating neutral momentum.
Over the past 2253 weeks of data, OXY has crossed below its 200-week moving average 34 times. On average, these episodes lasted 20 weeks. Historically, investors who bought OXY at the start of these episodes saw an average one-year return of +12.7%.
With a market cap of $45.6 billion, OXY is a large-cap stock. The company generates a free cash flow yield of 6.7%, which is healthy. Return on equity stands at 6.0%. The stock trades at 1.6x book value.
Over the past 33.2 years, a hypothetical investment of $100 in OXY would have grown to $1461, compared to $2849 for the S&P 500. OXY has returned 8.4% annualized vs 10.6% for the index, underperforming the broader market over this period.
Free cash flow has been declining at a -16.4% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Growth of $100: OXY vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After OXY Crosses Below the Line?
Across 25 historical episodes, buying OXY when it crossed below its 200-week moving average produced an average return of +5.8% after 12 months (median +18.0%), compared to +10.7% for the S&P 500 over the same periods. 62% of those episodes were profitable after one year. After 24 months, the average return was +16.9% vs +24.2% for the index.
Each line shows $100 invested at the moment OXY crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
OXY has crossed below its 200-week MA 34 times with an average 1-year return of +12.7% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jul 1986 | Aug 1986 | 1 | 1.5% | +77.3% | +1779.4% |
| Nov 1987 | Mar 1988 | 18 | 12.6% | +11.0% | +1437.9% |
| May 1988 | May 1988 | 2 | 1.1% | +20.8% | +1358.7% |
| Jul 1988 | Jul 1988 | 2 | 0.5% | +20.9% | +1352.4% |
| Aug 1988 | Sep 1988 | 5 | 1.5% | +18.7% | +1345.4% |
| Oct 1988 | Oct 1988 | 1 | 0.1% | +15.8% | +1332.6% |
| Nov 1988 | Nov 1988 | 1 | 1.1% | +29.4% | +1339.6% |
| Dec 1988 | Dec 1988 | 1 | 0.9% | +26.6% | +1332.6% |
| Aug 1990 | Jul 1991 | 46 | 26.1% | +12.3% | +1237.8% |
| Oct 1991 | May 1992 | 29 | 20.4% | -20.0% | +1258.0% |
| Jun 1992 | Mar 1993 | 38 | 22.0% | +7.7% | +1264.0% |
| Oct 1993 | May 1994 | 30 | 14.3% | +18.0% | +1292.2% |
| Jul 1998 | Jun 1999 | 48 | 32.3% | -7.2% | +856.5% |
| Jul 1999 | Aug 1999 | 7 | 10.1% | +8.9% | +895.5% |
| Dec 1999 | Dec 1999 | 2 | 8.0% | +12.6% | +899.8% |
| Jan 2000 | Apr 2000 | 10 | 26.2% | +17.3% | +884.3% |
| Apr 2000 | Apr 2000 | 1 | 1.9% | +39.3% | +843.9% |
| Jul 2000 | Aug 2000 | 4 | 6.9% | +37.7% | +869.0% |
| Oct 2000 | Nov 2000 | 6 | 6.5% | +27.5% | +820.5% |
| Oct 2008 | Dec 2008 | 9 | 16.2% | +85.4% | +77.8% |
| Jan 2009 | Jan 2009 | 1 | 0.1% | +50.4% | +44.8% |
| Feb 2009 | Mar 2009 | 3 | 7.5% | +66.1% | +54.8% |
| Sep 2011 | Oct 2011 | 2 | 5.7% | +23.8% | +1.8% |
| Oct 2012 | Jan 2013 | 11 | 8.8% | +24.0% | -10.7% |
| Mar 2013 | Apr 2013 | 7 | 4.8% | +21.3% | -13.5% |
| Nov 2014 | Jun 2016 | 85 | 18.9% | -8.1% | -21.8% |
| Jul 2016 | Aug 2016 | 4 | 2.5% | -16.7% | -19.6% |
| Sep 2016 | Dec 2017 | 65 | 17.9% | -9.4% | -15.6% |
| Feb 2018 | Apr 2018 | 5 | 6.2% | +7.4% | -13.8% |
| Dec 2018 | Jan 2019 | 4 | 8.1% | -39.4% | -16.7% |
| Feb 2019 | Feb 2019 | 1 | 0.5% | -31.1% | -16.6% |
| Mar 2019 | Mar 2019 | 1 | 3.9% | -54.2% | -13.6% |
| Apr 2019 | Jan 2022 | 146 | 81.7% | -76.0% | -13.4% |
| Oct 2024 | Ongoing | 67+ | 28.9% | Ongoing | -4.1% |
| Average | 20 | — | +12.7% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02