Is Occidental Petroleum Stock a Buy?
Occidental took on massive debt in 2019 when it got into a bidding war with Chevron for Anadarko Petroleum. It ended up being one of the largest oil mergers ever as Occidental acquired the company and assumed Anadarko's debt in a deal valued at $57 billion.
Occidental Petroleum Corp. stock underperforms Wednesday when compared to competitors
Shares of Occidental Petroleum Corp. OXY dropped 0.60% to $51.75 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 0.29% to 5,618.26 and Dow Jones Industrial Average DJIA falling 0.25% to 41,503.10. The stock's fall snapped a four-day winning streak.
Occidental Petroleum Corp (OXY) Reported a 22.26% Operating Margin Last Year—What’s the Real Story?
Occidental Petroleum Corp (OXY) stock saw a modest uptick, ending the day at $52.06 which represents a slight increase of $0.77 or 1.50% from the prior close of $51.29. The stock opened at $51.28 and touched a low of $51.
Occidental Petroleum Corporation (OXY) Is a Trending Stock: Facts to Know Before Betting on It
Occidental Petroleum (OXY) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
Occidental Petroleum Corp. stock outperforms competitors on strong trading day
Shares of Occidental Petroleum Corp. OXY advanced 1.50% to $52.06 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index SPX rising 0.03% to 5,634.58 and the Dow Jones Industrial Average DJIA falling 0.04% to 41,606.18.
Behind the Scenes of Occidental Petroleum's Latest Options Trends
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $45.0 and $57.5 for Occidental Petroleum, spanning the last three months.
Occidental Petroleum Corporation (NYSE:OXY): A Non-Tech Stock With Long-Term Investment Potential
Gibbs Bruns Safeguards $38M Judgment for Occidental Against Wells Fargo
A series of miscommunications between Wells Fargo and Occidental Petroleum's agent led to a delay in the sale of stock and an ...
Occidental Petroleum Is Getting Up to $650 Million to Accelerate Its Ability to Capture This Potentially $5 Trillion Market Opportunity
The oil company believes CCS could eventually grow into a $3 trillion to $5 trillion global market opportunity. It aims to ...
Warren Buffett's $13 billion bet on Occidental Petroleum turns sour as oil prices hit a 3-year low
The $55 to $60 level has acted as a floor for Occidental Petroleum stock since Buffett started buying in 2022, but that floor ...
Occidental Petroleum: Stay Calm And Continue Buying
Occidental Petroleum stock weakened considerably as it lost the $55 support zone. Its integration of CrownRock's assets will ...
Occidental's 1PointFive secures funding of up to $500 mln from US DOE
Occidental Petroleum's carbon capture and sequestration unit 1PointFive said on Thursday that the U.S. Department of Energy's ...
Wells Fargo Fails to Shake $38 Million Judgment Over Stock Sale
Occidental Petroleum convinced the Fifth Circuit to uphold a $38 million judgment against Wells Fargo & Co. over the bank’s ...
Occidental: Warren Buffett Was Too Early
Warren Buffett's Berkshire Hathaway shows caution by halting purchases of Occidental Petroleum shares, despite aiming for 50% ...
11 stocks that investing legends like Warren Buffett, Seth Klarman, and David Einhorn are betting more than 20% of their portfolios on
Some of the best investors in the world find success through what others may view as a risky strategy: high portfolio ...