Occidental Petroleum Corp

NYSE: OXY
$51.64
-$0.39 (-0.7%)
Closing Price on September 20, 2024

OXY Articles

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.
Investors who are just trying to catch the bottom in oil prices and oil stocks should not consider these energy stocks.
The short interest data have been released for the August 14 settlement date. It just so happens that some of the latest short interest readings for major oil companies are backing off highs.
The markets were absolutely crumbling in Monday’s trading session, with the Dow down near 1,000 points and the S&P down around 90 points.
In a new report, UBS adds a very hot retailer to its Dividend Ruler list, while a top pharmaceutical company is removed.
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.
One thing is for sure, as the earnings season concludes, our suspicion that windows of opportunity would open for insiders is proving to be spot on.