Occidental took on massive debt in 2019 when it got into a bidding war with Chevron for Anadarko Petroleum. It ended up being one of the largest oil mergers ever as Occidental acquired the company and assumed Anadarko's debt in a deal valued at $57 billion.

Shares of Occidental Petroleum Corp. OXY dropped 0.60% to $51.75 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 0.29% to 5,618.26 and Dow Jones Industrial Average DJIA falling 0.25% to 41,503.10. The stock's fall snapped a four-day winning streak.

We recently compiled a list of the 35 Non-Tech Stocks With Long-Term Investment Potential. In this article, we are going to take a look at where Occidental Petroleum Corporation (NYSE:OXY) stands against the other AI stocks.

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $45.0 and $57.5 for Occidental Petroleum, spanning the last three months.

Shares of Occidental Petroleum Corp. OXY advanced 1.50% to $52.06 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index SPX rising 0.03% to 5,634.