Stock Pulse
Occidental Petroleum (OXY) faces uncertainty following a stock decline of 19.8% over the past month [2] and a downgrade to Sector Perform by Scotiabank due to high leverage from the Crown Rock acquisition, making it vulnerable to falling oil prices [3], [4]. Despite higher realized oil and gas prices in Q1 2025 [7], [10], production was lower due to weather and other factors [7], and the stock plunged 10% on escalating US-China trade tensions [7]. While analysts predict OXY may beat earnings expectations for the upcoming quarterly report [1], the company's high debt remains a concern [4]. OXY is actively reducing its debt and expects Permian assets and non-oil businesses to contribute to future growth [7], but the near-term outlook remains uncertain [2]. The company successfully raised $892.2 million through a warrant exercise program [12].