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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) garners mixed opinions from analysts and investors. Some emphasize that while Warren Buffett holds a stake in the company, it faces significant debt concerns. However, others highlight OXY's attractive pricing, as it closely mirrors crude oil prices and remains undervalued compared to historical lows. With predictions of oil potentially reaching $85 per barrel, they see this as a beneficial buy opportunity, particularly because OXY also pays a solid dividend. Overall, the sentiment leans towards buying with a majority of recommendations being 'hold', indicating cautious optimism about the company's future performance.
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, 3 stock analysts published opinions about OXY-N. 1 analyst 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.
3 stock analysts on Stockchase covered Occidental Petroleum Corp In the last year. It is a trending stock that is worth watching.
On 2025-04-03, Occidental Petroleum Corp (OXY-N) stock closed at a price of $43.9.
Yes, Warren Buffet owns it, but OXY has a lot of debt.