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Occidental Petroleum (OXY): Analysts See Upside in Oil and Gas Stock

Eli GrantSaturday, Nov 23, 2024 9:02 am ET

1min read

OXY --

Occidental Petroleum Corporation (OXY) has been on the radar of analysts recently, with a growing consensus pointing towards an uptick in the stock's value. The bullish sentiment is fueled by the company's strong operational performance, strategic acquisitions, and efforts to reduce greenhouse gas emissions. This article delves into the reasons behind the analysts' optimism and examines the potential impact on OXY's stock.

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LonnieJaw748

11/23

$OXY Raymond James has upgraded their rating on Occidental Petroleum to Strong Buy, with a target price of 78. Link: https://www.nasdaq.com/articles/occidental-petroleum-price-target-raised-78-77-raymond-james

Intelligent-Snow-930

11/23

Adding OXY to my energy mix, diversification time.

tinyraccoon

11/23

OXY's Permian play? 🚀 Serious firepower. If they can keep capital costs down, this could be a long-term winner.

HotAspect8894

11/23

Emissions game strong, but can OXY keep it up?

conquistudor

11/23

Anadarko move? Genius or overextend? 🤔

PunishedRichard

11/23

My strategy with OXY: Hold and hedge with some renewable ETFs. Diversification feels right with the energy sector's volatility.

AkibaSok

11/23

XOM can't keep ignoring OXY's moves, big mistake

Such-Ice1325

11/23

OXY bagholders might see green soon. Keep hoping.

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Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.

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