OXY

Stock

Occidental Petroleum Corporation

One email when a drop — in price or in valuation — is historically rare for OXY. Otherwise we stay quiet.

Worth a look

Bigger than its usual dip. Not yet rare.

Occidental Petroleum Corporation is 24.8% off its high — deeper than its 5.5% average pullback, but it has been through 141 drawdowns before. Not historically significant yet — we'll say so if that changes.

Valuation is notable too — P/S Severity Score 2.0, below its typical range.

Price $54.57 · as of Jul 14, 2026All-time high $72.58Drawdown -24.8%Severity Score™ 4.8
🟡

Significant

Current Drawdown

-24.8%

Days in Drawdown

5550

Avg Max Drawdown

5.5%

Avg Length

64

Drawdown Severity Score™

4.8

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.

Valuation vs Its Own History

Data as of July 8, 2026 · updated daily

Where today's valuation sits within OXY's own multi-year range, scored with the same Drawdown Severity Score language as price, measured from its typical level rather than its record high — a higher score means it has rarely been cheaper. This is context, not a recommendation.

Price to Sales

2.2xSeverity Score 2.0 · Below its typical range
Low: 0.42xMedian: 2.7xHigh: 5.6x

Occidental Petroleum Corporation has been cheaper on this measure only about 39% of the time in 20 years of daily history.

60.4% below its highest Price to Sales reading · high date August 29, 2016

Price to Sales history

EV to EBITDA

6.0xSeverity Score 0.9 · In or above its typical range
Low: 1.9xMedian: 5.9xHigh: 18.4x

Occidental Petroleum Corporation has been cheaper on this measure only about 52% of the time in 20 years of daily history.

67.6% below its highest EV to EBITDA reading · high date December 16, 2016

EV to EBITDA history · log scale

How we measure valuation

Occidental Petroleum Corporation (OXY) Analysis: Current Drawdown Insights

Occidental Petroleum Corporation is currently in a drawdown that is unusual by its own historical standards. As of 2026-07-14, the stock is trading at $54.57, which represents a 24.8% decline from its all-time high of $72.58. This drawdown has persisted for 5550 days.

Based on its full tracked price history, 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 its tracked history. The largest drawdown on record for Occidental Petroleum Corporation was 58.1%, beginning in 2008. The longest drawdown duration on record was 2836 days.

The Drawdown Severity Score™ for Occidental Petroleum Corporation currently stands at 4.78. 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 3.0 and 5.0 indicates an elevated drawdown that's larger than this asset's historical averages.

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 is rare by that stock's own historical standards.

📜 Historical Drawdown Events

Current drawdown shown in blue. Showing the most recent and the deepest of 141 tracked pullbacks (60 listed).

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2011-05-04Ongoing5550 days-24.8%$72.58$54.57n/a
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
2002-10-222003-03-06136 days-12.5%$8.08$7.07$8.11
2002-05-242002-10-15145 days-22.9%$7.96$6.14$7.98
2001-05-212002-05-16361 days-28.3%$7.79$5.58$7.79
2001-03-092001-04-1638 days-11.8%$6.61$5.83$6.70
1997-12-092001-03-081186 days-49.1%$6.51$3.31$6.61
1997-01-231997-09-19239 days-15.9%$5.42$4.56$5.44
1996-04-261997-01-20270 days-18.2%$5.41$4.43$5.42
1995-05-161996-02-13274 days-13.2%$4.62$4.01$4.68
1987-07-171995-04-212836 days-42.7%$4.60$2.64$4.60
1985-11-291987-02-04433 days-34.3%$3.69$2.42$3.76

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).

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Or explore current drawdowns:

Occidental Petroleum Corporation (OXY) is trading at $54.57 as of Jul 14, 2026. It is 24.8% below its high of $72.58. The drawdown has lasted 5,550 days. Severity score: 4.8 (Significant).

OXY Price History and Drawdown Data

Latest price

$54.57

High-water mark

$72.58

Current drawdown

-24.8%

Days in drawdown

5,550

This OXY page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior Occidental Petroleum Corporation drawdowns.

What History Says About OXY

Occidental Petroleum Corporation has dropped 20%+ from its high 7 times in its tracked history. These events lasted an average of 858 days with an average max drop of -36.7%.

The current drawdown of -24.8% has lasted 5,550 days, which is 6.5x the average duration of comparable events.

PeriodMax DropDuration
May 2008 to Dec 2010-58.1%934 days
Dec 1997 to Mar 2001-49.1%1186 days
Jul 1987 to Apr 1995-42.7%2836 days
Nov 1985 to Feb 1987-34.3%433 days
May 2001 to May 2002-28.3%361 days
May 2002 to Oct 2002-22.9%145 days

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