How valuable is Occidental Petroleum?

This makes Occidental Petroleum the world's 285th most valuable company by market cap according to our data. The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to measure how much a company is worth.

What is the market cap of Occidental Petroleum?

The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to measure how much a company is worth. On Nov 5th, 2023 the market cap of Occidental Petroleum was reported to be: As of November 2023 Occidental Petroleum has a market cap of $55.97 Billion.

What's going on with Occidental Petroleum's stock?

Concerns over Russia sanctions leading to a spike in oil prices sent oil higher and Occidental's stock with it. The company is also rapidly paying down debt. Shares of Occidental Petroleum ( OXY -2.39%) rocketed over 10% higher as of midday on Monday, as concerns over Russian sanctions pushed global oil prices higher.