Occidental Petroleum Corp Stock Price Declines 22% in Past Week
Occidental Petroleum Corp has experienced a decline in its stock price of approximately 22% over the past week. This decrease is attributed to falling oil prices and reduced price targets from experts.
First Quarter Performance
In contrast, the company reported higher prices for crude oil and natural gas production in the first quarter. This represents a positive development for the company.
Recent Stock Price Movement
The stock price has continued to decline, with a 10% drop on April 10. The company’s performance is being closely monitored due to ongoing economic uncertainty and volatility in the energy market.
Key Statistics
- Stock price decline: 22% over the past week
- Price drop on April 10: 10%
- First quarter performance: higher prices for crude oil and natural gas production