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XOM - Where Will Occidental Petroleum Stock Be In 5 Years?
April, 01 2022 11:21 AM
Exxon Mobil Corporation
Occidental Petroleum is still feeling the impact of the ill-timed takeover of Anadarko. Its balance sheet needs further repairing, but that shouldn't be a problem due to strong cash generation. Production will decline in 2022, but that should not worry investors too much. Overall, OXY should deliver compelling returns going forward. Other oil equities might be even more attractive, however, due to lower valuations, stronger balance sheets, etc. For further details see:
Where Will Occidental Petroleum Stock Be In 5 Years?
Stock Information
Company Name:
Exxon Mobil Corporation
Stock Symbol:
XOM
Market:
NYSE
Website:
exxonmobil.com
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