Occidental Petroleum stock heads into the open after a 2.7% drop

At the close on September 21, 2026, Occidental Petroleum stock finished at USD 57.25 on the NYSE, down 2.7% on the day. The shares traded between USD 57.00 and USD 58.29 and lagged the S&P 500’s gain as falling oil prices weighed on energy names.

Occidental Petroleum stock closed at USD 57.25 on the NYSE on September 21, 2026, down 2.7% from the previous close of USD 58.84 per price data from Yahoo Finance and AAII. The shares traded between USD 57.00 and USD 58.29 during the session, leaving the stock below its 52-week high of USD 67.45 and above its 52-week low of USD 38.80, while the S&P 500 gained about 0.6% as oil prices fell.

September 21, 2026 in numbers

Occidental Petroleum Corporation (ISIN US6745991058, NYSE: OXY) saw its stock price slip to a USD 57.25 close on September 21, 2026, according to AAII’s session summary based on market data. As AAII reported, the move represented a 2.7% decline from the prior closing level of USD 58.84, with an intraday trading range from USD 57.00 at the low to USD 58.29 at the high.AAII Yahoo Finance data for the same session show volume at 8,445,617 shares, alongside a 52-week range of USD 38.80 to USD 67.45, placing the September 21 close about USD 9.20 below the 52-week high and roughly USD 18.45 above the 52-week low.Yahoo Finance

The broader equity market advanced modestly that day as oil prices declined, with the S&P 500 up around 0.6% and the Nasdaq Composite up roughly 0.9%, while crude benchmarks slipped, pressuring energy shares.UPI In that context, Occidental Petroleum’s decline of 2.7% on September 21, 2026 underperformed the S&P 500’s gain and reflected the sector’s sensitivity to commodity price moves.

Today’s catalysts around oil and rates

Today, Occidental Petroleum trades ahead of the open without a scheduled company-specific event such as earnings or an annual meeting, but the stock remains exposed to macro drivers tied to oil and interest rates. Overnight, S&P 500 futures were roughly flat while crude oil futures for November 2026 hovered near USD 92.69 per barrel, indicating that energy names like Occidental could again react to shifts in commodity pricing and risk sentiment once the US session begins.Yahoo Finance In addition, recent Federal Reserve communications and economic data releases continue to shape expectations for interest rates, which can influence valuation multiples for capital-intensive oil and gas producers as investors reassess discount rates and growth assumptions.Yahoo Finance