Oil-Price Bounce, OxyChem Sale Countdown, Analyst Targets, and the 2026 Outlook (Dec. 18, 2025)
Occidental Petroleum Corporation (NYSE: OXY) is starting Dec. 18 with a very “energy-stock” storyline: a sharp one-day rebound in the share price, fresh macro tailwinds from oil-market headlines, and investors still trying to handicap a huge strategic pivot—the planned sale of OxyChem to Berkshire Hathaway—against the company’s 2026 spending and production plans.
OXY last traded around $40.63, up roughly 4.4% from the previous close, based on the latest available price update early Dec. 18 UTC.
Below is what’s moving Occidental Petroleum (OXY) stock right now, what the latest company guidance implies for 2026, and how Wall Street forecasts are lining up as the year wraps.
