NYSE:OXYOil and Gas
Is Occidental Petroleum (OXY) Pricing Reflect Recent Oil Volatility Or A Potential Opportunity?
If you are wondering whether Occidental Petroleum is a bargain or just fairly priced at its recent US$42.70 close, you are not alone.
The stock has had mixed returns, with a 5.1% gain over the last 30 days, a 0.8% return year to date, a 16.0% decline over 1 year, and a 32.9% decline over 3 years, while still sitting 110.9% above its level 5 years ago.
Recent news coverage has focused on Occidental Petroleum as a major US energy name, often discussed in the context of oil price moves, capital...