Occidental Petroleum Corporation drawdown: 44.6% below the all-time high
Occidental Petroleum Corporation is 44.6% below its all-time high, set May 2, 2011 (as of market close, Sep 11, 2026). The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown.
- Below all-time high
- −44.6%
- 55.4% of ATH
- All-time high
- $110.89
- May 2, 2011
- Time below the high
- 15.4 yrs
- since May 2, 2011
- Worst-ever drawdown
- −92.0%
- Oct 28, 2020
- Longest underwater
- 16.4 yrs
- between all-time highs
- Today's level first reached
- Sep 19, 2007
- 19.0 yrs ago
- Last time this deep
- Mar 16, 2009
- in a previous episode
% of all-time high since 1981#
The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater. Basis and range are in the URL, so a particular view is a link.
The deepest drawdowns on record#
Every decline of 15% or more from an all-time high (price basis), deepest first.
| Peak | Trough | Depth | Peak → trough | Recovered by | Underwater |
|---|---|---|---|---|---|
| May 2, 2011 | Oct 28, 2020 | −92.0% | 9.5 yrs | not yet | 15.4 yrs+ |
| Jul 16, 1987 | Mar 2, 1999 | −62.5% | 11.6 yrs | Dec 11, 2003 | 16.4 yrs |
| May 20, 2008 | Nov 20, 2008 | −58.4% | 6 mo | Dec 29, 2010 | 2.6 yrs |
| Nov 27, 1985 | Mar 10, 1986 | −37.0% | 3 mo | May 28, 1987 | 18 mo |
| May 17, 1984 | Jan 7, 1985 | −32.9% | 8 mo | Oct 28, 1985 | 17 mo |
| Jan 4, 1982 | Aug 9, 1982 | −29.2% | 7 mo | May 25, 1983 | 17 mo |
| Sep 19, 2005 | Oct 20, 2005 | −21.2% | 31 days | Jan 9, 2006 | 4 mo |
| Aug 1, 2006 | Jan 11, 2007 | −20.1% | 5 mo | May 17, 2007 | 9 mo |
Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.
Drawdown vs what came next#
One dot per month since 1981: how far Occidental Petroleum Corporation stood below its all-time high, and the total return over the following 1, 5 and 10 years.
Read this with survivorship bias in mind: a single asset's history is one surviving sample, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.
FAQ#
- How far is Occidental Petroleum Corporation from its all-time high?
- Occidental Petroleum Corporation is currently 44.6% below its all-time high, set May 2, 2011 (as of market close, Sep 11, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest Occidental Petroleum Corporation drawdown ever?
- The deepest decline on record in our data (since 1981) took Occidental Petroleum Corporation 92.0% below its prior high, bottoming Oct 28, 2020. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from OXY; no free deep history exists for Occidental Petroleum Corporation — for a 150-year drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year. Past performance does not predict future returns; not investment advice.