Reported 12 days ago
Occidental Petroleum's share price has decreased by 15.8% over the past year, underperforming its industry. Concerns include exposure to volatile commodity prices and a lack of active commodity hedges. Despite these challenges, the company's strong domestic operations and focus on Permian resources, along with efforts to reduce debt and strategic acquisitions, present some positive aspects. Investors are advised to hold the stock due to its stability, while being mindful of the competitive pressures and valuation challenges it faces.
Source: YAHOO