Occidental Petroleum Corporation (OXY): A Good Beaten Down Stock to Invest In [Yahoo! Finance]
Occidental Petroleum Corporation (OXY)
Last occidental petroleum corporation earnings: 2/27 04:13 pm
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US:NYSE Investor Relations:
oxy.com/investors/pages/default.aspx
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Source: Yahoo! Finance
The equity market is on the cusp of a significant boost as the U.S. Federal Reserve joins other global central banks in cutting interest rates. While stocks have rallied for the better part of the year, as depicted by the S&P 500 gaining more than 17% year to date, three 25 basis point cuts by the Fed could send stocks even higher. A lower interest rate environment is what the equity markets need; sentiments have taken a significant toll in recent months amid growing concerns about economic growth slowdown. With borrowing costs expected to decrease, companies should access cheap capital to enhance operations, generating more shareholder value. READ ALSO: Billionaire Carl Icahn's Top 10 Stocks and 14 Best 52-Week High Stocks to Buy According to Short Sellers Some of the best beaten-down stocks to invest in would be some of the biggest beneficiaries, especially if their core operations depend on the interest rate environment. According to Standard Chartered Chief Investment Offic
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OXY
News
- Occidental Petroleum Co. (NYSE: OXY) had its price target lowered by analysts at Mizuho from $76.00 to $72.00. They now have a "neutral" rating on the stock.MarketBeat
- Occidental Petroleum Is Getting Up to $650 Million to Accelerate Its Ability to Capture This Potentially $5 Trillion Market Opportunity [Yahoo! Finance]Yahoo! Finance
- Occidental: Warren Buffett Was Too Early [Seeking Alpha]Seeking Alpha
- Occidental Petroleum Corporation (OXY): Analysts Recommend This Commodity Stock Right Now [Yahoo! Finance]Yahoo! Finance
- With 50% institutional ownership, Occidental Petroleum Corporation (NYSE:OXY) is a favorite amongst the big guns [Yahoo! Finance]Yahoo! Finance
OXY
Earnings
- 8/7/24 - Beat
OXY
Sec Filings
- 8/14/24 - Form 8-K
- 8/14/24 - Form 424B7
- 8/13/24 - Form 424B7
- OXY's page on the SEC website