Occidental Petroleum Corporation (OXY) is garnering significant investor attention. Despite various trading down events, it has managed to show steady profits, largely due to its pioneering of net-zero solutions and strong cash flow. Investment from Berkshire Hathaway shows Warren Buffet’s interest and faith in the company's potential. OXY is also notable for its partnerships, such as the Carbon Capture Initiative with Liverpool FC. The entity has seen some insider spending, and other financial institutions including Barden Capital Management Inc. and Intellectus Partners LLC have either sold or raised their shares of OXY. However, even with a 6.3% pullback in the past week, long-term shareholders show a 301% increase over five years. The share price has seen ebbs and flows, while offloading some upstream assets for $1.2 billion and adopting cost progress strategies. Its Q4 2024 earnings call revealed record production that underpinned its financial health and bullish stance. Nevertheless, OXY experienced moments of weaknesses marked by the stock price downgrading, a 52-week low and bearish sentiment hovering over its latest movement.
Occidental Petroleum Corporation OXY News Analytics from Mon, 30 Sep 2024 07:00:00 GMT to Sat, 08 Mar 2025 11:52:42 GMT -
Rating 1
- Innovation 6
- Information 4
- Rumor -3
