Occidental Petroleum Corporation (OXY) is trading at $55.83, which is -23.1% below its all-time high of $72.58. The Drawdown Severity Score is 4.4, placing it in the yellow (elevated) zone. Over its tracked history, OXY has experienced 141 significant drawdown events with an average maximum drawdown of -5.5%.

Data last updated: April 16, 2026 at 08:42 AM EDT

OXY

Stock

Occidental Petroleum Corporation

Price

$55.83

as of Apr 15, 2026

All Time High: $72.58

🟡

Significant

Current Drawdown

-23.1%

Days in Drawdown

5410

Avg Max Drawdown

5.5%

Avg Length

64

Drawdown Severity Score™

4.4

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 2026-04-15, the stock is trading at $55.83, which represents a 23.1% decline from its all-time high of $72.58. This drawdown has persisted for 5410 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 4.45. 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 historical averages—may present an entry point for opportunistic investors.

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
2011-06-23Ongoing5410 days-23.1%$72.58$55.83
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).

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What History Says About OXY

Occidental Petroleum Corporation has dropped 10%+ from its high 10 times in its tracked history. These events lasted an average of 182 days with an average max drop of -19.3%.

The current drawdown of -23.1% has lasted 5,410 days, which is 29.7x the average duration of comparable events.

PeriodMax DropDuration
May 2008 to Dec 2010-58.1%934 days
Sep 2005 to Jan 2006-21.2%112 days
Jan 2008 to Apr 2008-19.8%103 days
Aug 2006 to May 2007-19.4%289 days
Jul 2007 to Sep 2007-16.5%65 days
May 2006 to Jul 2006-13.8%82 days

Learn More About Drawdowns