Occidental Petroleum

Occidental Petroleum: Valuation Amidst Share Price Momentum and Carbon Capture Developments

西方石油

Occidental Petroleum: Bollinger Bands Narrowing, KDJ Death Cross in 15min Chart

Occidental Petroleum: Piper Sandler maintains Neutral, PT raised to $47 from $46.

Oak Harvest Investment Services Sells 9,531 Shares of Occidental Petroleum Corp (OXY)

Occidental Petroleum's 15min chart shows Bollinger Bands narrowing, KDJ death cross detected.

Catalyst<ul> <li>Most analysts rate OXY Buy or Strong Buy, showing broad institutional optimism.</li> <li>Recent Bullish Engulfing and WR Oversold signals in late November and early December point to rebound momentum for OXY.</li></ul>Risk<ul> <li>Oxy has seen net outflow from large and extra-large orders suggesting potential institutional selling pressure.</li> <li>Analyst ratings show some differences with at least one firm maintaining a Neutral stance citing valuation concerns.</li></ul>

Key Factors

Institutional ownership of Oxy remains at 87.87% but average portfolio allocation decreased by 5.65% in the latest quarter. Piper Sandler raised Oxy's price target to $47.00 with a neutral rating reflecting a 4.5% upside from recent levels. Oxy's share price returned 10.38% over 30 days and 10.17% over 90 days with a fair value estimate of $68.29 versus a recent close of $45.39.

OXY News