Occidental Petroleum stock at EUR 50.43, down 2.23% premarket
Published on 11/06/2026 at 08:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSWhat investors should watch
- Occidental Petroleum combines oil and gas production with midstream and marketing operations.
- The company is also advancing carbon capture and direct air capture projects alongside its energy business.
Occidental Petroleum stock traded at 50.43 euros on Lang & Schwarz at 08:32 CET on Friday, November 6, 2026, 2.23 percent below the Xetra close of Thursday, November 5, 2026, at 51.58 euros.
The company combines oil and gas exploration and production with midstream and marketing activities. Its portfolio includes oil, condensate, natural gas liquids and natural gas, while its midstream operations handle transportation, storage and marketing across several energy products.
Oxy is also positioning carbon management as a second strategic pillar. On its company website, Occidental highlights carbon capture, utilization and storage as well as direct air capture. The company says its STRATOS direct air capture plant is under construction in the Permian Basin.
For investors, the combination leaves earnings sensitivity tied to production, commodity prices and cash generation, while the carbon business adds a longer-term technology and capital-allocation angle.
Investors can follow the real-time quote of Occidental Petroleum stock for further trading updates.
The broader market backdrop is tracked through the S&P 500.
