Occidental Petroleum Corporation (OXY) has been the subject of various reports lately, suggesting a mixed opinion among Wall Street analysts and investors. Despite being considered a
promising investment by some entities, the stock has been
downgraded to a 'sell' level by Goldman Sachs. Their shares have been trading downward, indicating potential vulnerability in the market. However, a couple of financial entities, including
Swedbank AB and Scharf Investments LLC, have increased their stakes in the company. Other investors, such as Rule One Partners LLC and the KBC Group, are also purchasing shares, recalling Warren Buffett's bullish stance on the corporation. Whereas, the partnership with
Magnolia envisages limited upside according to Goldman Sachs. Despite a negative
trend in the market, OXY's trading week ended defying the stock market bloodbath. Rumors about a
potential dividend hike are also circulating, making the company one of the best fuel stocks to acquire at present.
Occidental Petroleum Corporation OXY News Analytics from Mon, 26 Aug 2024 07:00:00 GMT to Sat, 01 Feb 2025 12:42:36 GMT -
Rating 0
- Innovation -3
- Information 5
- Rumor -6
