Occidental Petroleum Corporation (OXY) has seen a significant string of activities by various investment management firms. These actions range from investment acquisition to stock trading. Significant stocks have been purchased by Quantitative Investment Management LLC, AlphaQuest LLC, Summit Financial LLC, and CW Advisors LLC, amongst others. On the other hand, 1832 Asset Management L.P., MYDA Advisors LLC, and Rafferty Asset Management LLC have notably sold their stocks. The firm is now Dodge & Cox's 10th Largest Position, with potential stronger FCF predicted from its Q2 results, yet some fear it could fall due to Buffett. Institutional shareholders heavily control OXY, and the corporation's stocks have seen a 6.6% return this week, amounting to five-year gains of 297%. Yet, its Q2 earnings exceeded the market's returns but its revenues didn't meet expectations. Even as
Occidental Petroleum Q2 earnings surpassed estimates, the upcoming start of the company's direct air capture hub is in focus, and mounting reserves might fuel long-term growth.
Occidental Petroleum Corporation OXY News Analytics from Tue, 22 Apr 2025 07:00:00 GMT to Sun, 31 Aug 2025 00:10:50 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor -2
