OXY Stock Recent News

Now is a great time to be an income and value investor, particularly in the energy and pharmaceutical spaces. I highlight 2 undervalued names that provide well-covered dividends with a strong growth outlook. The market seems to be overly rotated on near-term headwinds while ignoring the long-term growth drivers, resulting in a dislocation between price and value.

OXY leverages disciplined capital allocation and lower interest rates to boost margins, cash flow and low-carbon growth.

Shares of Occidental Petroleum (OXY 1.43%) have dipped over the past year. They've fallen from a peak of more than $60 a share to less than $50.

Occidental Petroleum (OXY -2.48%) has a multitude of potential upside catalysts. From higher oil prices to Warren Buffett's buying to its non-oil growth drivers, the oil company has a lot of positives.

The latest trading day saw Occidental Petroleum (OXY) settling at $45.33, representing a -2.41% change from its previous close.

Zacks.com users have recently been watching Occidental (OXY) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Warren Buffett plans to step down as the CEO of Berkshire Hathaway (BRK.A -0.52%) (BRK.B -0.77%) by the end of this year, and many people are wondering if his successor, Greg Abel, will be able to maintain the legendary investor's track record as the top manager of the conglomerate's stock portfolio.

Occidental Petroleum has been paying down its debt and is poised to benefit from higher oil prices.

OXY stock gains 18.8% in two months, outpacing peers as Permian growth, acquisitions and debt cuts drive momentum.

Occidental Petroleum Corp (NYSE: OXY) is inching higher this morning after Israel launched an airstrike on Iran, resulting in a meaningful increase in oil prices. Brent crude gained as much as 7.0% today following reports that Israel's attack has killed senior Iranian officials, sparking fears of broader regional escalation.