Occidental Petroleum Corporation (OXY) is making numerous waves in the stock market lately. There's been a noticeable growth in option activity alongside a spike in share purchases, specifically by prominent investment firms such as Chemistry Wealth Management, HBW Advisory Services, GAMMA Investing, and Rhumbline Advisers. There's speculation that it's among Billionaire Bruce Berkowitz’s and Warren Buffett's top stock picks with high upside potential. In fact, Buffet's consistent investment in OXY influences many to wonder what he knows that has been overlooked by market spectators. Permian growth, strong cash flow, and pioneering net-zero solutions seem to be key factors contributing to OXY's current attraction for investors. OXY has largely been controlled by institutional shareholders, accounting for 48% to 49% ownership of the shares. However, contrasting reports suggest OXY's attractiveness might be impaired despite its current surge. Cash inflection is anticipated, but uncertainties persist if it would suffice.
Occidental Petroleum Corporation OXY News Analytics from Mon, 27 Jan 2025 08:00:00 GMT to Sat, 07 Jun 2025 10:59:20 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor -3
