Oil, Geopolitics, and Occidental Petroleum: Here's Where the Stock Could Be in 12 Months
Occidental Petroleum has experienced significant changes over the past year, including the sale of its chemicals business and a debt reduction plan. The ongoing war with Iran has led to a surge in oil prices, which could positively impact the company's stock in the coming year. Analysts believe that Occidental's relationship with the UAE and the geopolitical landscape could serve as catalysts for future growth.
- ▪Oil prices have surged nearly 80% this year, reaching almost $110 per barrel.
- ▪Despite rising oil prices, Occidental Petroleum's shares have only increased by about 30% over the past year.
- ▪The UAE's decision to leave OPEC and its plans to increase oil production could benefit Occidental Petroleum.
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Oil, Geopolitics, and Occidental Petroleum: Here's Where the Stock Could Be in 12 Months Matt DiLallo, The Motley Fool Sat, May 16, 2026 at 12:35 PM PDT 4 min read A lot has happened with Occidental Petroleum (NYSE: OXY) over the past year. The oil company sold its chemicals business and completed its debt reduction plan. Meanwhile, oil prices have surged due to the war with Iran. The surge in oil prices and the related geopolitical issues in the Middle East could be big catalysts for the oil stock over the next 12 months. Here's what I see ahead for Occidental. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need.
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