Occidental Petroleum Corporation (OXY.W) Warrant
Each OXY.W warrant gives the holder the right to buy 1 share of Occidental Petroleum Corporation at $22.00 per share, until August 3, 2027. The stock last closed at $58.08, above the strike, so the warrant is in the money. Occidental Petroleum Corporation has a market value of about $58.06B. There are 17.90M listed warrants; exercising all of them would add 1.8% to the 999.64M shares outstanding.
OXY vs strike, last 12 months
No share-price history for OXY yet.
Key terms
- Strike per share
- $22.00
- Shares per warrant
- 1
- Cash to exercise one warrant
- $22.00
- Expiry
- 2027-08-03
- Redemption trigger
- none stated
- Cashless exercise
- no
- Break-even stock price
- $58.10
From the issuer's 10-K (2021-02-26).
Company and stock
- Company
- Occidental Petroleum Corporation
- Underlying stock
- OXY
- Share price
- $58.08
- Market cap
- $58.06B
- Shares outstanding
- 999.64M
- Value of all listed warrants
- $646.19M (1.1% of market cap)
Market cap is the last share price times shares outstanding (as of 2026-07-31). All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- $36.10
- Price / model
Get Pro to see whether OXY.W is cheap or rich against our model.
Dilution
- Shares outstanding
- 999.64M
- Listed warrants
- 17.90M
- Dilution if all exercised
- 1.8%
Warrant count from filing notes, read by hand (high): Common Stock Warrants ($22.00 strike, expire Aug 3, 2027).
Filings and events
Questions about OXY.W
When does the OXY.W warrant expire?
OXY.W expires on August 3, 2027.
What is the strike price of OXY.W?
$22.00 per share; each warrant converts into 1 share, so exercising one warrant costs $22.00.
Can Occidental Petroleum Corporation redeem the OXY.W warrants early?
The source filing we read lists no stock-price redemption trigger.
How many OXY.W warrants are outstanding?
17.90M listed warrants, equal to 1.8% dilution if all are exercised.