STOCK TITAN

BlackRock (NYSE: BLK) discloses 5.2% Occidental (OXY) stake on Schedule 13G

(Moderate)
(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

BlackRock, Inc. reports beneficial ownership of 52,135,869 shares of OCCIDENTAL CORP common stock on Schedule 13G. This represents 5.2% of the class as of June 30, 2026. BlackRock has sole voting power over 49,381,703 shares and sole dispositive power over 52,135,869 shares.

Various underlying clients have rights to dividends or sale proceeds in these shares, but no single client holds more than five percent of Occidental’s outstanding common stock.

Positive

  • None.

Negative

  • None.
Beneficial ownership 52,135,869 shares Amount of OCCIDENTAL CORP common stock beneficially owned by BlackRock, Inc.
Ownership percentage 5.2% Percent of OCCIDENTAL CORP common stock class owned by BlackRock, Inc.
Sole voting power 49,381,703 shares Shares of OCCIDENTAL CORP over which BlackRock has sole power to vote
Shared voting power 0 shares Shares of OCCIDENTAL CORP over which BlackRock has shared power to vote
Sole dispositive power 52,135,869 shares Shares of OCCIDENTAL CORP over which BlackRock has sole dispositive power
Shared dispositive power 0 shares Shares of OCCIDENTAL CORP over which BlackRock has shared dispositive power
beneficially owned financial
"this reflects the securities beneficially owned, or deemed to be beneficially owned"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole Voting Power financial
"5 | Sole Voting Power 49,381,703.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Sole Dispositive Power financial
"7 | Sole Dispositive Power 52,135,869.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Schedule 13G regulatory
"this schedule has been filed on Schedule 13G"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Power of Attorney regulatory
"Exhibit 24: Power of Attorney"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

How many OCCIDENTAL CORP (OXY) shares does BlackRock report owning?

BlackRock reports beneficial ownership of 52,135,869 shares of OCCIDENTAL CORP common stock. This stake is disclosed on a Schedule 13G and reflects holdings of certain BlackRock business units and affiliates grouped as the “Reporting Business Units.”

What percentage of OCCIDENTAL CORP (OXY) does BlackRock’s stake represent?

BlackRock’s reported holdings represent 5.2% of the class of OCCIDENTAL CORP common stock. This percentage is calculated based on the company’s total outstanding common shares as referenced in the Schedule 13G ownership section.

What voting power does BlackRock have over its OCCIDENTAL CORP (OXY) shares?

BlackRock has sole voting power over 49,381,703 shares of OCCIDENTAL CORP common stock and no shared voting power. This means only the specified BlackRock units direct how these shares are voted.

What dispositive power does BlackRock report over OCCIDENTAL CORP (OXY) shares?

BlackRock reports sole dispositive power over 52,135,869 shares of OCCIDENTAL CORP and no shared dispositive power. Sole dispositive power means the Reporting Business Units control the decision to sell or otherwise dispose of these shares.

Do any BlackRock clients individually own more than 5% of OCCIDENTAL CORP (OXY)?

No. The filing states that while various persons have rights to dividends or sale proceeds from these OCCIDENTAL CORP shares, no one person’s interest exceeds five percent of the company’s total outstanding common shares.

Who signed the Schedule 13G reporting BlackRock’s OCCIDENTAL CORP (OXY) holdings?

The Schedule 13G was signed by Spencer Fleming, a Managing Director at BlackRock, Inc. The signature is supported by a Power of Attorney referenced as Exhibit 24 in the filing.





674599105

(CUSIP Number)
06/30/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G



BlackRock, Inc.
Signature:Spencer Fleming
Name/Title:Managing Director
Date:07/29/2026
Exhibit Information

Exhibit 24: Power of Attorney Exhibit 99: Item 7