Occidental Petroleum is trading at $58.23, +4.16%, as energy stocks outperform and crude prices rise amid uncertainty over reopening the Strait of Hormuz.

  • Brent gained 1.09% to $84.46, while WTI advanced 0.84% to $78.84.
  • The move follows strong second-quarter results; no new company-specific announcement was identified for August 10, 2026.