NYSE:OXYOil and Gas
Occidental Petroleum (OXY) Valuation Check As New Carbon Removal Deal Underscores Growing Carbon Management Ambitions
Occidental Petroleum (OXY) is back in focus after its carbon capture subsidiary, 1PointFive, agreed to sell 9,000 metric tons of Direct Air Capture carbon removal credits to Bain & Company over a three-year period.
See our latest analysis for Occidental Petroleum.
That 1PointFive deal lands at a time when interest in Occidental’s carbon management story is building again, with a 7 day share price return of 8.12% and a 30 day share price return of 10.28%, even though the 1 year total...