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Stocks give back gainsRising oil, mixed stocksTSX climbs, Wall Street fades on inflationThis summary was created by AI, based on 2 opinions in the last 12 months.
Occidental Petroleum Corp (OXY) attracts mixed reviews from experts. On one hand, the presence of investor Warren Buffet lends credibility, indicating a degree of confidence in the firm's potential. However, concerns about the company's substantial debt load linger, which could pose risks for investors. Despite these challenges, some analysts see OXY as an attractive purchasing opportunity, believing it is undervalued, especially since it is trading below levels observed when crude oil prices were at their lows a few years ago. The strong correlation with crude prices presents a strategic opportunity, and some experts suggest that options could offer leverage, particularly with a potential oil price target of $85. The company also pays a nice dividend, which adds to its appeal for yield-seeking investors.
It is very cheap. It tracks the price of crude pretty well and is still trading below when crude was at its lows a couple of years ago. He think oil is going to $85. It is an undervalued oil trade so he would consider options. Pays a nice dividend. Buy 8 Hold 19 Sell 1
(Analysts’ price target is $67.69)Likes it. Encouraging. Warren Buffett, one of the shrewdest, most patient investors of all time, is stepping up in the face of widespread negative sentiment. The most uncomfortable buys are usually the best ones. Don't chase the herd and buy NVDA. Be patient and tune out the noise.
Occidental Petroleum Corp is a American stock, trading under the symbol OXY-N on the New York Stock Exchange (OXY). It is usually referred to as NYSE:OXY or OXY-N
In the last year, 1 stock analyst published opinions about OXY-N. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Occidental Petroleum Corp.
Occidental Petroleum Corp was recommended as a Top Pick by on . Read the latest stock experts ratings for Occidental Petroleum Corp.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Occidental Petroleum Corp In the last year. It is a trending stock that is worth watching.
On 2025-04-01, Occidental Petroleum Corp (OXY-N) stock closed at a price of $49.19.
Yes, Warren Buffet owns it, but OXY has a lot of debt.