Occidental Petroleum Corp

NYSE: OXY
$51.93
+$0.39 (+0.8%)
Closing Price on November 22, 2024

OXY Articles

Occidental Petroleum reported better-than-expected third-quarter 2015 results before markets opened Wednesday morning.
The October 15 short interest data have been compared with the previous figures, and short interest for the selected oil stocks was mixed.
High-yielding energy stocks make good sense for investors as it may take time for the sector to come back, and collecting large dividends while waiting makes the time go by quicker.
Four of Merrill Lynch's current top pick energy stocks also offer dividends that are in some cases outstanding.
While the UBS Dividend Rulers portfolio has underperformed so far this year, it is very possibly a function of the market overestimating the timing and extent of interest rates increases.
The September 30 short interest data have been compared with the previous figures, and short interest for the selected oil stocks increased almost across the board.
Without a refining business to help offset low crude prices or the ability to export crude oil in quantity, among the hardest hit oil producers are the pure-play exploration and production companies.
On Tuesday, Merrill Lynch made three changes to its US 1 List of top Buy-rated stocks.
While energy is still a contrarian trade, the way to play it is with the big integrated stocks and exploration and production companies that pay a solid dividend.
Tuesday's top analyst upgrades, downgrades and initiations include Ambarella, Apple, Bunge, McDonald's, Micron Technology and Occidental Petroleum.
The September 15 short interest data have been compared with the previous figures, and short interest for the selected big oil stocks increased almost across the board.
Cowen thinks that the "lower for longer" scenario has been accepted by investors and oil will stay range-bound in the $35 to $55 range for the rest of 2015.
Oil, gas and energy remains in a very high state of uncertainty. Still, the price of oil has acted as though it wants to find some stable ground.
It just so happens that some of the latest short interest readings for major oil companies are backing off highs, while others are pushing on new highs.
In a new research report, UBS tweaks the Dividend Rulers portfolio.