Richard A. Jackson, President and CEO at OCCIDENTAL PETROLEUM CORP /DE/ (OXY), bought 4,770 shares at $52.38 ($250K) on 2026-06-23, disclosed to the SEC on 2026-06-24.
Occidental Petroleum CEO Richard Jackson purchased 4,770 shares for $249,852.60, marking the largest purchase of his career. This bullish signal arrives as the stock trades within 2.15% of its 52-week high of $59.15.
OXY is up 36.25% over the past year and currently trades 2.15% below its 52-week high of $59.15.
The purchase represents the largest trade of CEO Richard Jackson's career, signaling high conviction in the stock's valuation.
The stock trades at a high trailing P/E of 69.04, and recent news noted the stock dipped -2.18% on June 24, 2026, following crude oil price declines.
Something here stands out, but not much.