Occidental Petroleum curtails Gulf output: stock at EUR 53.80 pre-market

Published on 10/16/2026 at 08:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Occidental Petroleum was reported to have curtailed Gulf output in September. At 8:06 a.m. CEST on October 16, 2026, the stock was EUR 53.80 at Lang & Schwarz.

Gulf output and morning trading

Occidental Petroleum was reported to have curtailed Gulf output on October 15, 2026.
Occidental Petroleum stock was at EUR 53.80 at 8:06 a.m. CEST on October 16, 2026, at Lang & Schwarz.
The reported production disruption occurred in September.

Isometrische 3D-Illustration einer Förderanlage mit Pumpjacks, Tanks und verzweigtem Pipeline-Netzwerk — Occidental Petroleum US6745991058 dargestellt als isometrische 3D-Illustration der gesamten Förder- und Pipeline-Lieferkette entlang der Küste, Illustration mit AI erstellt.

On October 15, 2026, Pipeline & Gas Journal, citing Reuters, reported that Occidental Petroleum had curtailed production at certain Gulf of America facilities in September because of a third-party gas pipeline constraint and maintenance activities. Production had been partially restored, while some affected output had yet to return.

At 8:06 a.m. CEST on October 16, 2026, Occidental Petroleum stock was at EUR 53.80 in pre-market trading at Lang & Schwarz. The bid was EUR 53.63 and the ask was EUR 53.97. The reported price is stated separately from the company development.

Morning market context

The company-specific report concerned temporary production disruptions in the Gulf of America. It said the remaining affected production was expected to return as the third-party pipeline constraint was resolved.

Market context: Market report S&P 500.

More news and analysis on Occidental Petroleum stock

The further course from the Xetra open at 9:00 a.m. CEST is shown by the continuously updated real-time quote of Occidental Petroleum stock.