OXY

Occidental Petroleum Corporation ·NYSE·Energy
58.56 live · 2026-08-12 15:59
42.6%
Brown Bear Score
58.4%
Business Conviction Score
40.7%
Position Health Score
28.4%
Chase Risk
Daily closes

Daily closes · 1Y (252 sessions) · +32.6% · range 38.92–66.24

The Businesswhat the company reports

Business & cash flow

FCF / assets 4.9%
OCF / assets 12.5%
FCF / revenue 48.8%
Gross margin 73.3%
ROIC 5.5%
Forward P/E 14.8

FCF/assets and OCF/assets are the cash-flow measures Brown Bear's own testing found to survive; FCF/revenue is shown alongside for context. Assets are from the latest annual filing (FY2025).

Price vs Earnings growth

Price has run ahead of forward EPS growth by 14.6pp

Confidence 95.0/100

Takeaway Price has moved further than forward earnings growth currently justifies — worth weighing against the rest of the entry case.

Reported earnings

Next report 2026-11-09 after the close · consensus EPS 1.23

Q1 23 revenue: 7.12bnQ1 23 net income: 1.26bnQ1 23 EPS: 1.29Q2 23 revenue: 6.60bnQ2 23 net income: 860.00mQ2 23 EPS: 0.90Q2 23Q3 23 revenue: 7.27bnQ3 23 net income: 1.38bnQ3 23 EPS: 1.43Q4 23 revenue: 7.34bnQ4 23 net income: 1.20bnQ4 23 EPS: 1.25Q4 23Q1 24 revenue: 6.73bnQ1 24 net income: 888.00mQ1 24 EPS: 0.94Q2 24 revenue: 6.80bnQ2 24Q3 24 revenue: 7.02bnQ4 24 revenue: 6.86bnQ4 24Q1 25 revenue: 6.91bnQ2 25 revenue: 6.32bnQ2 25Q3 25 revenue: 6.68bnQ1 26 revenue: 5.57bnQ1 26

Revenue Net incomeEPS (GAAP) (0.90–1.43, own scale) Derived Q4

12 quarters to Q1 26. Revenue and net income share one scale, so the gap between them is the margin. The line is GAAP EPS — it spans every quarter shown, where the reported figure only goes back as far as the consensus feed does.

Quarter endingRevenueYoY Net incomeEPS (GAAP) EPS reportedvs consensus Filed
2026-03-31 5.57bn -19.4% 1.06 +77.5% 2026-05-05
2025-09-30 6.68bn -4.8% 0.64 +23.0% 2025-11-10
2025-06-30 6.32bn -7.1% 2025-08-06
2025-03-31 6.91bn +2.7% 2025-05-07

Earnings response

Typical move around a filing ±2.1%
On an ordinary two days ±1.7% — filings move it 1.2× as much
Direction 5 up, 6 down over 11 filings
Revenue change and price reaction, by quarter
Q3 22 revenue +36.0% year on yearQ3 22 filed 2022-11-08: price -10.6%Q1 23 revenue -13.4% year on yearQ1 23 filed 2023-05-09: price -3.6%Q1 23Q2 23 revenue -36.2% year on yearQ2 23 filed 2023-08-02: price -0.7%Q3 23 revenue -22.3% year on yearQ3 23 filed 2023-11-07: price -1.0%Q3 23Q1 24 revenue -5.4% year on yearQ1 24 filed 2024-05-07: price -2.1%Q2 24 revenue +3.0% year on yearQ2 24 filed 2024-08-07: price +4.3%Q2 24Q3 24 revenue -3.5% year on yearQ3 24 filed 2024-11-12: price +0.6%Q1 25 revenue +2.7% year on yearQ1 25 filed 2025-05-07: price +5.5%Q1 25Q2 25 revenue -7.1% year on yearQ2 25 filed 2025-08-06: price +1.2%Q3 25 revenue -4.8% year on yearQ3 25 filed 2025-11-10: price +1.3%Q3 25Q1 26 revenue -19.4% year on yearQ1 26 filed 2026-05-05: price -8.5%

Revenue up year on year Revenue down Price move around the filing separate scales — a crossing means nothing

Quarter endingFiledRevenue YoY Move around filingNext 20 sessions vs SPY
2026-03-31 2026-05-05 -19.4% -8.5% +3.3%
2025-09-30 2025-11-10 -4.8% +1.3% -0.3%
2025-06-30 2025-08-06 -7.1% +1.2% +3.0%
2025-03-31 2025-05-07 +2.7% +5.5% -3.4%

Share count

Diluted shares over time

Diluted shares Return since the previous filing

Direction Growing — shares issued
Diluted shares 1,006.9M as at 2026-03-31
Change over 1 year +2.4%
Change over 3 years +3.2%
Public float $41.40bn as at 2025-06-30 (10-K)

The Pricewhat the chart is doingTop ↑

Price Levels

StrategyFair Value Anchor
Reference band 54.33 — 58.84
Protective stop 53.07 (Atr, 6.2% risk)
Support 58.00 (2 touches, 0.9% away)
Resistance 58.66 (0.2% away)

Takeaway The shares are nearer the ceiling than the floor: about 0.2% below 58.66, where sellers have turned up before, and 0.9% above 58.00, where buyers have stepped in before. That floor has held 2 times, which is how it was spotted. If someone bought at today's price and sold if it dropped through the level below, they would be about 6.2% out of pocket. That is all this figure means — an illustration of the risk, not a price to sell at.

Levels are computed from price structure. They describe where the engine locates support and extension — they are not targets, and not advice.

Ichimoku Cloud (Adaptive)

Daily cloudPrice ABOVE the cloud | periods 8/22/44 (84% of classic 9/26/52)
LinesTenkan/Kijun BULL | cloud twist BULL
Cloud eventFresh up breakout 4d ago
Cloud thickness49% percentile
Chikou spanAbove price from 26 periods ago
Weekly cloudPrice ABOVE the weekly cloud (context only, not scored)

Takeaway The stock is trading above its cloud — a shaded band drawn from several of its own moving averages, currently 53.66 to 55.22. Being above it means the medium-term picture is pointing upwards, and that band is the first place the stock has recent support if it slips back. Its shorter-term averages agree with that.

Trailing returns

21 days +7.3%
63 days +4.1%
126 days +26.5%
252 days +34.0%
Below 252d high11.6%

Trend context

PositionAbove trend
ExtensionExtended
Trend slopeRising
Direction of travelDiverging from trend

Takeaway Positive Kalman trend with moderate extension; constructive for momentum but watch entry risk.

Volatility

State In a squeeze
Current band width11.5% of price
Recent tightest9.1% (3 sessions ago, narrower than 98.0% of its history)
Expansion since1.26×
Band 52.94 — 59.37

Takeaway Lately this share price has been swinging around inside a range roughly 11% wide, and it recently went unusually quiet — calmer than it has been 98% of the time. When a stock goes quiet like this, its next move tends to look big by comparison. But quiet says nothing about which way it will go: Brown Bear tested calm-before-a-move as a reason to buy, and it did not work.

Historical trends

0255075100Share price 48.81–59.062026-07-032026-08-12
Position Health Business Conviction Share price

History begins when the site started recording, not when the company listed, so a short line means a short record and nothing more.

Repair Pathway

  1. Nearest Trigger Volume confirmation above 1.2x +0.20x volume confirmation would improve confidence in the pathway; Kalman divergence weakens pathway; chase risk lowers upgrade comfort · Broadly stable
  2. Trigger 2 ADX turns up from weak trend zone repair trigger repair engine identifies this as the nearest technical repair catalyst; Kalman divergence weakens pathway; chase risk lowers upgrade comfort · Deteriorating rapidly

Who's Tradingthe flow behind the priceTop ↑

Insider activity

ActivityNo filings in the window
Buy filings0
Sell filings0

Open-market Form 4 purchases and sales over the last 75 days, read from SEC EDGAR Form 4. Grants, option exercises, gifts and shares withheld for tax are excluded — they are compensation mechanics, not a decision to buy or sell. Reported Form 4 activity. Brown Bear tested insider cluster-buying as a return signal and rejected it as era-unstable; shown as fact, not signal.

Volume confirmation

Volume-price trend Above its signal line
Confirmation Moderate

No absorption or distribution event in the recent window.

Takeaway More shares change hands on the days this stock rises than on the days it falls. That is what you would expect to see if the rise is being driven by real buying rather than drifting up on a thin market.

Options Positioning

No binary-event flag

OXY: no binary-event flag. Near IV 34%, far IV 32% (ratio 1.05), implied move 4.2%.

Implied volatility 34% near (9d) · 32% far (65d)
Term structure 1.05× near/far
Historical volatility 38%
Implied vs historical 0.89×
Implied move ±4.2% by 2026-08-21
Implied move vs ATR 0.58×
Skew Flat (0.97×)

Takeaway Insuring against a move in this stock costs less for the next few weeks than for the next few months, which is the normal state of affairs and suggests no particular date is worrying anyone. Options traders are positioned for a move of around 4.2% in either direction by 2026-08-21.

Chain as at 2026-08-12. This is a risk read on whether a specific event is being priced — not a directional view.

Context & Methodthe record, and how it was builtTop ↑

Relative Rotation

ImprovingLeadingLaggingWeakeningvs sectorvs SPYsector vs SPYRS-Ratio →RS-Momentum →

Repair Attempt

Rotation health 63.6/100; Positive Rotation.

Rotation health 63.6
Rotation strength 47.7
LegQuadrantRS-RatioRS-Mom
Stock vs sector Weakening 113.8 91.4
Stock vs SPY Weakening 105.4 90.6
Sector vs SPY Weakening 101.7 90.8

Direction of travel: North-East / strengthening leadership

Position only. Brown Bear's RRG redesign programme is closed — five constructions, none beat an appropriate null — so this section describes where the name sits, and is not a signal.

News Headlines

  1. Loading headlines\u2026

Headlines are supplied by third-party feeds and are not written, ranked or interpreted by Brown Bear. They feed no score on this page.

Detailed Scoring

Positive signals

  • Piotroski F-score 5/9 (+10.0)
  • Altman Z-score 2.87 (+3.0)
  • Insider conviction score (+8.0)
  • Gross margin quality: 73.3% (+19.5)
  • ROIC quality: 5.5% (+0.5)
  • FCF margin quality: 48.8% (+20.0)
  • Gross margin improving by 35.7 pts (+5.0)
  • FCF margin improving by -3.2 pts (+-3.0)
  • High earnings quality (accrual ratio -0.097) (+5.0)
  • Track 1: MACD histogram state (0.30) (+4.0)
  • Track 1: relative strength trend improving (+5.0)
  • Track 1: 20-day momentum acceleration 0.10 (+6.0)
  • Track 1: bullish DI spread 0.5 (+1.0)
  • Track 1: relative momentum rank 0.71 (+2.9)
  • Track 1: EMA20 reclaim distance 4.4% (+4.5)
  • Track 1: EMA20 slope improving 2.0% (+5.0)
  • Track 1: MACD histogram acceleration 0.41 (+4.0)
  • Track 1: positive MACD regime (+3.0)
  • Track 1: MACD line/signal repair quality (+10.0)
  • Track 1: MACD slope improving (+3.0)
  • Track 1: RSI recovery 52.9, 5-day change +2.4 (+1.6)
  • Track 1: VPT strength 0.22 (+4.5)
  • Track 1: price above EMA50 by 5.8% (+3.6)
  • Track 1: EMA50 slope improving 1.2% (+2.4)
  • Track 1: EMA50 support proximity 5.8% (+0.2)
  • Track 1: Bollinger position 0.87 (+1.0)

Negative signals

  • Track 1: weak/falling ADX (18.0, falling)
  • Track 1: Bearish MACD divergence
  • ROIC improving by -0.3 pts (+-5.0)

Chase risk is not elevated for this name, so extension penalties are omitted from the negative signals above.