Why Occidental Petroleum Skyrocketed Today | The Motley Fool

Shares of Occidental Petroleum (OXY0.76%)rocketed over 10% higher as of midday on Monday, as concerns over Russian sanctions pushed global oil prices higher. The company would benefit from higher prices, and Occidental also stands to benefit versus oil majors that have properties and exposure to Russia. The … See more


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Why Occidental Petroleum Skyrocketed Today | The Motley Fool

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Shares of Occidental Petroleum (OXY0.76%)rocketed over 10% higher as of midday on Monday, as concerns over Russian sanctions pushed global oil prices higher. The company would benefit from higher prices, and Occidental also stands to benefit versus oil majors that have properties and exposure to Russia. The … See more

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Why Occidental Petroleum Stock Slumped 17% In 2024 ... - The …

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1 day ago  · 2024 was a bummer year for Occidental Petroleum (OXY 1.19%)-- the oil and gas stock lost 17.3% value in the year, according to data provided by S&P Global Market …

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Why Occidental Petroleum's Stock Is Soaring Today - The Motley …

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Mar 21, 2022  · Berkshire Hathaway now owns more than 136 million shares of Occidental Petroleum, which after today's jump in price now values those holdings at some $8.4 billion. …

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Why Occidental Petroleum, ExxonMobil, And Kinder ... - The …

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Sep 12, 2022  · At their highest points in trading Monday, upstream oil stocks Occidental Petroleum (OXY 0.52%) and ExxonMobil (XOM 0.26%) were up 3.4% and 2.8%, respectively, …

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Why Occidental Petroleum Stock Fell Today Despite An ... - The …

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Sep 6, 2022  · Occidental Petroleum (OXY 2.68%) stock slipped today and was down about 3% as of 1:50 p.m. ET despite an analyst raising the oil stock's price target this morning and counting …

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Should You Buy Occidental While It's Below $60? - Yahoo Finance

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Oct 19, 2024  · As of June 2024, Berkshire holds warrants to 83.9 million common shares of Occidental Petroleum at an exercise price of $59.62 per share. Today, Occidental trades at a …

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Why Occidental Petroleum Is Selling Shares Of This 9.5%-Yielding ...

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Aug 15, 2024  · Occidental Petroleum (NYSE: OXY) recently closed its needle-moving acquisition of CrownRock. It paid $12 billion for the fellow oil company, which will significantly enhance its …

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Why Occidental Petroleum Stock Slumped 17% In 2024 But

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1 day ago  · 2024 was a bummer year for Occidental Petroleum (NYSE: OXY)-- the oil and gas stock lost 17.3% value in the year, according to data provided by S&P Global Market …

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Occidental Petroleum (OXY) Rises But Trails Market: What …

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1 day ago  · Occidental Petroleum (OXY Quick Quote OXY - Free Report) closed the latest trading day at $52.70, indicating a +1.19% change from the previous session's end. The stock's …

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FAQs about Why Occidental Petroleum Skyrocketed Today | The Motley Fool Coupon?

Why did Occidental Petroleum stock jump this week?

Crude oil prices may have climbed higher this week, but the real reason why Occidental Petroleum stock jumped this week had little to do with oil prices. The oil and gas sector has delivered some of the best-performing stocks this year, thanks to crude oil prices hitting multiyear highs in March. ...

What happened to Occidental Petroleum?

After crashing 10% in the first week of August, Occidental Petroleum ( OXY -0.95%) stock turned around swiftly to recoup all of those losses and then some in the second week. As of 2 p.m. ET Friday, the oil stock was up 11.4% through this week, according to data provided by S&P Global Market Intelligence. ...

Does Occidental Petroleum stock have a big upside?

Analyst Devin McDermott from Morgan Stanley increased Occidental Petroleum's stock price target to $76 per share from $70 a share today, representing almost 11% potential growth from the stock's current price. However, it's important to note that Occidental shares have already more than doubled in value this year. ...

Could Occidental Petroleum rebound faster than other oil stocks?

Despite the drop in oil and gas prices driving Occidental Petroleum lower on Tuesday, the stock is on solid footing. With legendary investor Warren Buffett placing massive bets on Occidental Petroleum, it could potentially rebound faster than other oil stocks after every dip. ...

Will Occidental Petroleum raise its dividend again in 2025?

With Occidental Petroleum also likely to raise its dividend yet again in 2025 -- it increased its dividend by 22% in 2024 -- the stock looks like a solid potential turnaround story for 2025. Neha Chamaria has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Berkshire Hathaway. ...

Should Occidental Petroleum invest in a low-carbon future?

Despite Occidental Petroleum investing in a low-carbon future, oil and gas prices slumped on Tuesday and triggered a sell-off in some oil stocks. You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. ...

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