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Why Occidental Petroleum Stock Rocketed More Than 10% in January

Summary by The Motley Fool
Key PointsOil prices soared last month, snapping a six-month downtrend. Occidental Petroleum closed the sale of OxyChem last month, significantly enhancing its balance sheet. The oil company also amended a midstream contract that will save it some money. 10 stocks we like better than Occidental Petroleum › Occidental Petroleum (NYSE: OXY) started 2026 off with a bang. Shares of the oil and gas producer rallied 10.4% in January. That meaningfully…

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The Motley Fool broke the news in Alexandria, United States on Friday, February 6, 2026.
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