Occidental's expanding oil and gas reserves, especially in the Permian Basin, are driving output, free cash flow and long-term investor appeal.
Occidental Petroleum (OXY) concluded the recent trading session at $44.44, signifying a +2.02% move from its prior day's close.
Recently, Zacks.com users have been paying close attention to Occidental (OXY). This makes it worthwhile to examine what the stock has in store.
Occidental Petroleum (OXY) closed at $43.55 in the latest trading session, marking a +2.16% move from the prior day.
Occidental (OXY) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Occidental's integrated oil, gas and chemical model drives steady cash flow, four-quarter earnings beat and a 19.2% stock gain.
OXY is trading above its 50-day SMA after a 22.5% rally, fueled by Permian strength and international assets.
U.S. shale producer Occidental Petroleum said on Monday its Gulf of Mexico production in the second quarter was curtailed due to third-party constraints, extended maintenance, and schedule-related delays.
Occidental Petroleum (OXY) closed the most recent trading day at $46.31, moving +1% from the previous trading session.
OXY's strategic acquisitions and high-margin Permian assets fuel long-term growth.
Zacks.com users have recently been watching Occidental (OXY) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
The latest trading day saw Occidental Petroleum (OXY) settling at $43.35, representing a -1.03% change from its previous close.