When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
EQNR - Occidental Petroleum Could Be Worth $24 Per Share
Equinor ASA
Occidental Petroleum (OXY) has been punished severely from the recent oil price plunge, dropping from more than $84 per share in mid-2018 to only $13.50 per share at the time of writing. Many investors worry that the company, with a high debt burden, cannot have enough liquidity to survive during this low oil price environment. However, we think the oil price will eventually bounce back in the next two years, and Occidental Petroleum has enough liquidity to survive through the current crisis.