Occidental Petroleum Corporation (OXY)
Occidental Petroleum (OXY) Rises As Market Takes a Dip: Key Facts
Occidental Petroleum (OXY) reachead $51.72 at the closing of the latest trading day, reflecting a +0.9% change compared to its last close.
Could Occidental Petroleum Become the Next ExxonMobil?
Oxy is expanding via acquisition as it looks to bulk up to compete with energy industry giants like Exxon. Does it stand a chance?
Occidental Petroleum (OXY) Ascends But Remains Behind Market: Some Facts to Note
Occidental Petroleum (OXY) concluded the recent trading session at $54.76, signifying a +0.35% move from its prior day's close.
Occidental Petroleum Corporation (OXY) Is a Trending Stock: Facts to Know Before Betting on It
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) Ascends While Market Falls: Some Facts to Note
In the latest trading session, Occidental Petroleum (OXY) closed at $54.57, marking a +1.24% move from the previous day.
Occidental Petroleum says it realized lower prices for oil and gas in Q3
U.S. oil producer Occidental Petroleum on Wednesday flagged lower prices for its oil and gas production in the third quarter, compared to the previous period.
Middle East Conflict Boosts OXY's Gains
Occidental's US oil production surged 13.6% in Q2 2024, sequentially driving total sales volumes up by 7.2%. Realized oil prices increased 5.1% to $79.89 per barrel in Q2, adding $662 million to revenue growth. Geopolitical tensions in the Middle East present a short-to-mid-term catalyst, driving oil prices higher and boosting OXY's outlook.
Is Occidental Petroleum Corp (OXY) Set to Underperform? Analyzing the Factors Limiting Growth
Long-established in the Oil & Gas industry, Occidental Petroleum Corp (OXY, Financial) has enjoyed a stellar reputation. It has recently witnessed a daily gain of 0.23%, juxtaposed with a three-month change of -9.31%.
Occidental Petroleum: Buy The Dip For Potential Price Appreciation
In my last bullish update, I stated that OXY was still undervalued despite some clear risks tied to the recent CrownRock acquisition and turbulence on the O&G market. From what I can see today, I think longer-term investors - and even speculators - should continue to add to their long positions, (if they hold any). The strategic buyout of CrownRock by Occidental for $12.0 billion marks one of the biggest additions to its shale-heavy portfolio.
Why Occidental Petroleum (OXY) Outpaced the Stock Market Today
In the most recent trading session, Occidental Petroleum (OXY) closed at $55.76, indicating a +1.77% shift from the previous trading day.
Is Occidental Petroleum Corp (OXY) Set to Underperform? Analyzing the Factors Limiting Growth
Long-established in the Oil & Gas industry, Occidental Petroleum Corp (OXY, Financial) has enjoyed a stellar reputation. It has recently witnessed a daily gain of 0.68%, juxtaposed with a three-month change of -11.28%.
Occidental Petroleum: $500 Million For Lower Carbon Venture
Occidental Petroleum's South Texas Direct Air Capture Hub aims to capture carbon dioxide. Secondary recovery could enhance oil and gas production for decades to come while storing carbon dioxide permanently in the process. Current CO2 supplies come from wells, but DACs may replace these. Now CO2 will go from the air into the ground by using the DAC process.
