The
Occidental Petroleum Corporation (OXY) has been showing significant results in the stock market lately. Despite being among the
bottom-performing blue chip stocks in 2024, it has been
grabbing investor attention. Breaking financial estimates, OXY's Q4 sales exceeded predictions while it met earnings estimates.
Warren Buffett's backing of the stock has put it in the spotlight. Despite limited increases in its trading values, the stock has managed to
ascend while the market declines.
New partnerships are aiding OXY's growth, and it has been recommended as a
long-term investment potential. However, controversies over the potential carbon capture project in West Texas have recently thrown it into question. Despite recent hurdles,
strong growth value and
institutional support make OXY a stock worth considering.
Occidental Petroleum Corporation OXY News Analytics from Thu, 09 May 2024 07:00:00 GMT to Sat, 26 Oct 2024 12:42:00 GMT -
Rating 5
- Innovation 3
- Information 8
- Rumor -1
