Added to YB: 2024-11-19
Pitch date: 2024-11-17
OXY [bullish]
Occidental Petroleum Corporation
-16.22%
current return
Author Info
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Company Info
Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States and internationally.
Market Cap
$42.1B
Pitch Price
$49.02
Price Target
N/A
Dividend
2.25%
EV/EBITDA
5.09
P/E
30.75
EV/Sales
2.69
Sector
Oil, Gas and Consumable Fuels
Category
value
Stocks I'm DCA'ing Into Now (Part 1) - Occidental Petroleum Corporation
OXY: Oil giant with strong fundamentals despite low oil prices. Record $1.5B Q cash flow shows resilience. Warren Buffett bought at $60s, now $49. Recession fears & weak Chinese demand affecting sentiment. Perfect time to DCA as markets likely to rebound. Investing in carbon capture for energy transition.
Read full article (1 min)