I reiterate my HOLD rating on Occidental Petroleum due to a mixed outlook. OXY's Q3 earnings reflected some uneven segment performance. The balance sheet was another area of concern, with increased debt and new share issuances.
Warren Buffett is one of the most famous investors alive — and his reputation is well-earned. The ‘Oracle of Omaha' has managed to outperform the wider market consistently using a level-headed, long-term approach based on value investing.
Warren Buffet has one of the best investing track records of all time. If you want to find profitable investments, just pay attention to Buffett's portfolio.
Warren Buffett is sitting on the sidelines for the most part. Sure, the legendary investor has added a few stocks here and there in recent quarters.
Occidental (OXY) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
The S&P 500 is at an all-time high. However, not all stocks in the widely followed index are setting records.
Occidental Petroleum (NYSE: OXY), part of Warren Buffett's Berkshire Hathaway (NYSE: BRK.A) portfolio, has extended losses to levels not seen in over two years.
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.
OXY's strong presence in the Permian Basin and contribution from international assets are boosting its performance amid the adverse impact of fluctuating commodity prices.
After a few months of lackluster price action in the energy sector, most investors have shied away from some of the best names in the sector, especially those in the crude oil industry. Whether the news about the current oil demand makes sense or not, investors need to think of the energy space as one of the most under-owned market corners today.
Occidental Petroleum Has Achieved 90% of This Crucial Goal. Time to Buy the Oil Stock?
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.