Don't Follow Buffet's Move on Occidental Petroleum: Here's Why
Today’s Buffet -driven rally has Occidental Petroleum shares trading at $47.50. The stock’s 50- and 200-day moving averages are overhead in a bearish pattern. This suggests that OXY is likely to shake-off this one-day price pop and maintain its move lower.
This was the stock's second consecutive day of gains.
Occidental Petroleum Corp (OXY) stock saw a modest uptick, ending the day at $47.13 which represents a slight increase of $1.77 or 3.90% from the prior close of $45.36. The stock opened at $ and ...
Occidental Petroleum stock is trading higher on Friday after Berkshire Hathaway increased its stake in the company.
Occidental Petroleum Co. (NYSE:OXY – Get Free Report)’s share price was down 0.4% during trading on Thursday after Piper Sandler lowered their price target on the stock from $57.00 to $51.00.
Occidental Petroleum's aggressive debt reduction positions it well for future balance sheet stability and investor confidence ...
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Occidental Petroleum’s Q3 performance was strong, but risks remain. Learn why OXY stock has long-term potential with margin ...
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