OXY

Stock

Occidental Petroleum Corporation

Price

$53.08

as of Feb 27, 2026

All Time High: $72.58

🔴

Strong

Current Drawdown

-26.9%

Days in Drawdown

5378

Avg Max Drawdown

5.5%

Avg Length

64

Drawdown Severity Score™

5.2

OXY - Price & High Water Mark

OXY - Drawdown Timeline

How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.

Occidental Petroleum Corporation (OXY) Analysis: Current Drawdown Insights

Occidental Petroleum Corporation is currently experiencing an unusual drawdown opportunity. As of 2026-02-27, the stock is trading at $53.08, which represents a 26.9% decline from its all-time high of $72.58. This drawdown has persisted for 5378 days.

Based on comprehensive historical analysis spanning 14 years, Occidental Petroleum Corporation typically experiences drawdowns averaging 5.5% in depth, with an average duration of 64 days. Occidental Petroleum Corporation has gone through 141 total drawdown events in the last 14 years. The largest drawdown for Occidental Petroleum Corporation in the last 14 years was 58.1%. The longest drawdown duration in its history was 934 days.

The Drawdown Severity Score™ for Occidental Petroleum Corporation currently stands at 5.18. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score between 5.0 and 8.0 indicates a rare, significant drawdown—the asset seldom sees declines at this level. This may represent a buying opportunity for value-focused investors with strong conviction.

Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns—periods when the price declines from all-time highs before recovering. By analyzing Occidental Petroleum Corporation's historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that may represent a buying opportunity.

📜 Historical Drawdown Events

Current drawdown shown in blue. Complete record of all 141 historical pullbacks below.

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2011-06-08Ongoing5378 days-26.9%$72.58$53.08
2011-02-222011-04-2966 days-10.3%$67.04$60.16$71.67
2010-12-302011-02-1144 days-5.3%$61.83$58.57$62.27
2010-12-232010-12-297 days-0.9%$61.04$60.48$61.83
2008-05-212010-12-10934 days-58.1%$57.95$24.31$58.09
2008-05-142008-05-152 days-1.5%$53.38$52.59$53.79
2008-05-072008-05-137 days-2.7%$52.81$51.38$53.38
2008-04-282008-05-069 days-6.7%$51.45$47.98$52.81
2008-04-232008-04-253 days-3.8%$50.97$49.05$51.45
2008-04-172008-04-215 days-0.4%$49.27$49.07$50.23
2008-01-042008-04-16103 days-19.8%$47.53$38.12$49.27
2007-12-312008-01-023 days-1.4%$46.11$45.45$46.25
2007-12-272007-12-282 days-0.0%$46.08$46.06$46.11
2007-11-072007-12-2145 days-10.5%$43.35$38.81$44.77
2007-10-292007-11-069 days-5.7%$41.63$39.27$43.35
2007-10-172007-10-2610 days-7.7%$41.55$38.35$41.63
2007-10-152007-10-162 days-0.1%$40.71$40.66$41.55
2007-10-082007-10-092 days-1.9%$39.06$38.34$39.35
2007-10-022007-10-054 days-3.1%$38.91$37.71$39.06
2007-09-282007-10-014 days-1.0%$38.06$37.69$38.91
2007-09-242007-09-274 days-2.3%$37.89$37.02$38.06
2007-09-202007-09-212 days-0.6%$37.82$37.58$37.89
2007-07-162007-09-1865 days-16.5%$37.25$31.10$37.51
2007-07-102007-07-123 days-1.5%$35.52$34.97$36.17
2007-06-192007-07-0517 days-5.9%$34.78$32.74$34.83
2007-06-052007-06-1410 days-2.7%$34.07$33.15$34.40
2007-05-312007-06-012 days-0.2%$32.15$32.08$32.87
2007-05-292007-05-302 days-1.6%$32.07$31.55$32.15
2007-05-222007-05-254 days-1.6%$31.97$31.47$32.07
2006-08-022007-05-17289 days-19.4%$31.02$25.02$31.50
2006-05-112006-07-3182 days-13.8%$30.72$26.49$31.02
2006-04-242006-05-1017 days-6.4%$30.69$28.73$30.72
2006-04-192006-04-213 days-0.4%$29.44$29.33$30.69
2006-04-062006-04-1712 days-2.4%$27.96$27.28$29.04
2006-02-012006-04-0563 days-11.9%$27.91$24.58$27.96
2006-01-182006-01-3013 days-3.1%$26.33$25.52$26.99
2006-01-112006-01-177 days-3.4%$25.97$25.09$26.33
2005-09-202006-01-09112 days-21.2%$25.26$19.89$25.53
2005-09-122005-09-198 days-3.2%$24.73$23.93$25.26
2005-09-022005-09-087 days-0.8%$24.03$23.84$24.11
2005-08-152005-09-0118 days-6.6%$23.71$22.15$24.03
2005-08-032005-08-119 days-2.5%$23.64$23.06$23.71
2005-07-282005-08-026 days-1.2%$23.61$23.32$23.64
2005-07-252005-07-273 days-0.6%$23.49$23.36$23.61
2005-07-132005-07-2210 days-4.3%$23.33$22.33$23.49
2005-07-062005-07-127 days-2.3%$23.23$22.69$23.33
2005-06-212005-07-0515 days-4.6%$22.86$21.80$23.23
2005-06-132005-06-142 days-0.3%$21.54$21.49$21.74
2005-06-062005-06-094 days-1.9%$21.28$20.89$21.40
2005-06-022005-06-032 days-0.1%$21.11$21.09$21.28
2005-04-072005-06-0156 days-11.7%$20.93$18.48$21.11

How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).

Don't Miss the Next Rare Buying Opportunity

See 9 real alerts from the past 5 years with actual returns

Average gain: +979% • Real alerts • Real results

Or explore current opportunities: