Occidental Petroleum Corp. Hits New 52-Week High at $56.24

Occidental Petroleum Corp. has reached a significant milestone by hitting a new 52-week high of USD 56.24 on March 2, 2026. This achievement marks a notable point in the company's performance within the oil industry, reflecting its current market position. Despite the recent high, Occidental Petroleum's one-year performance shows a decline of 10.37%, contrasting with the S&P 500's gain of 17.36% over the same period. The company's market capitalization stands at approximately USD 62,964 million, categorizing it as a large-cap entity. Key financial metrics include a price-to-earnings (P/E) ratio of 12.00, a dividend yield of 1.43%, and a debt-to-equity ratio of 0.55. Additionally, Occidental's return on equity is reported at 6.92%, with a price-to-book ratio of 1.75. The stock's previous 52-week low was recorded at USD 34.79, highlighting the significant upward movement in its price. This recent performance underscores the dynamic nature of the oil market and Occidental's position within it.