$Occidental(OXY)$Occidental Petroleum is a U.S.-based hydrocarbon exploration company. With a strong chemicals segment that provides diversification and cash flow stability, OXY stock is really a play on the broader supply and demand fundamentals of the energy market.
Given ongoing geopolitical concerns, Occidental has turned out to be among the best market hedges. This company’s unique market positioning and lines of business have enticed some of the best investors. Indeed, when Buffett enters a position as aggressively as he has with OXY, you know this is a stock worth taking a look at.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments