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home / news releases / OXY - Occidental Petroleum: Not The Best Way To Play The Energy Rebound


OXY - Occidental Petroleum: Not The Best Way To Play The Energy Rebound

  • After a horrid 2020 when the stock price was more than halved, OXY is up nearly 50% year-to-date.
  • Higher oil prices and the market rotation out of growth/tech stocks and into "value" have put wind in the sail of many O&G companies, including beaten down OXY.
  • However, OXY isn't the best way to play the energy rebound in my opinion.
  • That is because despite the company's large-scale Permian operations, much of the cash flow generated over the next two years will be used to pay down its massive debt-load.

For further details see:

Occidental Petroleum: Not The Best Way To Play The Energy Rebound
Stock Information

Company Name: Occidental Petroleum Corporation
Stock Symbol: OXY
Market: NYSE
Website: oxy.com

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