Goldman upgrades underperforming Occidental Petroleum, sees it cashing in on higher oil prices

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Goldman upgrades underperforming Occidental Petroleum, sees it cashing in on higher oil prices

cnbc2021-05-27

Occidental Petroleum should be able to catch up to other energy companies as higher oil prices help the exploration company pay down its debts, according to Goldman Sachs.Energy stocks have rallied ...

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Yippy9999
·2021-05-27
[What]
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Meshaarias72
·2021-05-27
Hihi
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- ricebowl:
  Hola
  2021-05-27
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Meshaarias72
·2021-05-27
?
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keithwxy
·2021-05-27
Ho
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Sean Wong
·2021-05-27
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- Sean Wong:
  Thanks
  2021-05-27
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- Wroy:
  comment
  2021-05-27
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- Sean Wong:
  Thanks
  2021-05-27
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Weilonglek
·2021-05-27
Nice
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mcspicy
·2021-05-27
thanks
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- viny:
  comment pls
  2021-05-27
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cammietang90
·2021-05-27
Please like and comment. Thank you
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- Jvalour:
  Ok pls like and comment back!
  2021-05-27
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- mcspicy:
  nice
  2021-05-27
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LEEKONGYONG
·2021-05-27
Buy on dip
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- lyly24:
  ok
  2021-05-27
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- phantom74:
  buy buy buy
  2021-05-27
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Ma_Yi_Long
·2021-05-27
pls like and respond
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- Ma_Yi_Long:
  ok
  2021-05-27
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Goldman pointed out that the stock has underperformed itssectoryear to date and dramatically since its 2019 acquisition of Anadarko Petroleum.Analyst Neil Mehta upgraded the stock to buy from neutral, saying in a note to clients on Thursday that the gap between Occidental and its competitors was too wide.“While we think debt reduction will continue to be the main focal point for OXY over the medium-term, we believe the extent of underperformance is unwarranted and upgrade OXY to Buy,” the Goldman note said. “In this context, we point toXOM’s turnaround story and recent equity performance as a positive parallel.”Oil prices have risen sharply this year, and Goldman projects that they can rise even higher by the end of the year. That should help Occidental pay off a major chunk of its debt, according to the investment bank.“At year-end 2020, OXY’s net debt was $34 bn. We see potential for OXY to generate $13.1 bn in cumulative FCF in 2021/22 at our bullish commodity prices, which should result in net debt being reduced to $20 bn by 2022 year-end,” the note said.Goldman pointed to Occidental’s chemicals and low-carbon businesses as other strong points for the company.The firm kept its price target on Occidental at $31 per share, which is 22.6% above where the stock closed on Wednesday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":135013061,"gmtCreate":1622122043053,"gmtModify":1704179842248,"author":{"id":"3577781617271173","authorId":"3577781617271173","name":"Meshaarias72","avatar":"https://static.tigerbbs.com/c5282cda6a9d3948fc067b21adcb578c","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Hihi","listText":"Hihi","text":"Hihi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/135013061","repostId":1120058699,"repostType":4,"repost":{"id":"1120058699","pubTimestamp":1622120187,"share":"https://www.laohu8.com/m/news/1120058699?lang=&edition=full","pubTime":"2021-05-27 20:56","market":"us","language":"en","title":"Goldman upgrades underperforming Occidental Petroleum, sees it cashing in on higher oil prices","url":"https://stock-news.laohu8.com/highlight/detail?id=1120058699","media":"cnbc","summary":"Occidental Petroleum should be able to catch up to other energy companies as higher oil prices help ","content":"<div>\n<p>Occidental Petroleum should be able to catch up to other energy companies as higher oil prices help the exploration company pay down its debts, according to Goldman Sachs.Energy stocks have rallied ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/27/occidental-stock-upgrade-goldman-sachs.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoldman upgrades underperforming Occidental Petroleum, sees it cashing in on higher oil prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-27 20:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/05/27/occidental-stock-upgrade-goldman-sachs.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Occidental Petroleum should be able to catch up to other energy companies as higher oil prices help the exploration company pay down its debts, according to Goldman Sachs.Energy stocks have rallied ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/27/occidental-stock-upgrade-goldman-sachs.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"OXY":"西方石油"},"source_url":"https://www.cnbc.com/2021/05/27/occidental-stock-upgrade-goldman-sachs.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1120058699","content_text":"Occidental Petroleum should be able to catch up to other energy companies as higher oil prices help the exploration company pay down its debts, according to Goldman Sachs.Energy stocks have rallied since early November as the U.S. economic recovery picked up, but Occidental has lagged despite rising 46% in 2021. Goldman pointed out that the stock has underperformed itssectoryear to date and dramatically since its 2019 acquisition of Anadarko Petroleum.Analyst Neil Mehta upgraded the stock to buy from neutral, saying in a note to clients on Thursday that the gap between Occidental and its competitors was too wide.“While we think debt reduction will continue to be the main focal point for OXY over the medium-term, we believe the extent of underperformance is unwarranted and upgrade OXY to Buy,” the Goldman note said. “In this context, we point toXOM’s turnaround story and recent equity performance as a positive parallel.”Oil prices have risen sharply this year, and Goldman projects that they can rise even higher by the end of the year. That should help Occidental pay off a major chunk of its debt, according to the investment bank.“At year-end 2020, OXY’s net debt was $34 bn. We see potential for OXY to generate $13.1 bn in cumulative FCF in 2021/22 at our bullish commodity prices, which should result in net debt being reduced to $20 bn by 2022 year-end,” the note said.Goldman pointed to Occidental’s chemicals and low-carbon businesses as other strong points for the company.The firm kept its price target on Occidental at $31 per share, which is 22.6% above where the stock closed on Wednesday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4472031,"gmtCreate":1622124069719,"gmtModify":1680791369003,"authorId":3578561901514206,"author":{"id":3578561901514206,"authorId":3578561901514206,"name":"ricebowl","avatar":"https://static.tigerbbs.com/a9ec802718dde5068862a7df929de4ed","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-1","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Boss Tiger","description":"The transaction amount of the securities account reaches $100,000","bigImgUrl":"https://static.tigerbbs.com/c8dfc27c1ee0e25db1c93e9d0b641101","smallImgUrl":"https://static.tigerbbs.com/f43908c142f8a33c78f5bdf0e2897488","grayImgUrl":"https://static.tigerbbs.com/82165ff19cb8a786e8919f92acee5213","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"60.29%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":135013061,"type":1,"supId":0,"prevId":0,"content":"Hola","text":"Hola","html":"Hola"}],"langContent":"EN"},{"id":135010726,"gmtCreate":1622121977065,"gmtModify":1704179840953,"author":{"id":"3577781617271173","authorId":"3577781617271173","name":"Meshaarias72","avatar":"https://static.tigerbbs.com/c5282cda6a9d3948fc067b21adcb578c","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/135010726","repostId":1120058699,"repostType":4,"repost":{"id":"1120058699","pubTimestamp":1622120187,"share":"https://www.laohu8.com/m/news/1120058699?lang=&edition=full","pubTime":"2021-05-27 20:56","market":"us","language":"en","title":"Goldman upgrades underperforming Occidental Petroleum, sees it cashing in on higher oil prices","url":"https://stock-news.laohu8.com/highlight/detail?id=1120058699","media":"cnbc","summary":"Occidental Petroleum should be able to catch up to other energy companies as higher oil prices help ","content":"<div>\n<p>Occidental Petroleum should be able to catch up to other energy companies as higher oil prices help the exploration company pay down its debts, according to Goldman Sachs.Energy stocks have rallied ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/27/occidental-stock-upgrade-goldman-sachs.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman upgrades underperforming Occidental Petroleum, sees it cashing in on higher oil prices</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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Goldman pointed out that the stock has underperformed itssectoryear to date and dramatically since its 2019 acquisition of Anadarko Petroleum.Analyst Neil Mehta upgraded the stock to buy from neutral, saying in a note to clients on Thursday that the gap between Occidental and its competitors was too wide.“While we think debt reduction will continue to be the main focal point for OXY over the medium-term, we believe the extent of underperformance is unwarranted and upgrade OXY to Buy,” the Goldman note said. “In this context, we point toXOM’s turnaround story and recent equity performance as a positive parallel.”Oil prices have risen sharply this year, and Goldman projects that they can rise even higher by the end of the year. That should help Occidental pay off a major chunk of its debt, according to the investment bank.“At year-end 2020, OXY’s net debt was $34 bn. We see potential for OXY to generate $13.1 bn in cumulative FCF in 2021/22 at our bullish commodity prices, which should result in net debt being reduced to $20 bn by 2022 year-end,” the note said.Goldman pointed to Occidental’s chemicals and low-carbon businesses as other strong points for the company.The firm kept its price target on Occidental at $31 per share, which is 22.6% above where the stock closed on Wednesday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":135037798,"gmtCreate":1622121943114,"gmtModify":1704179839498,"author":{"id":"3576027044492853","authorId":"3576027044492853","name":"keithwxy","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Ho&nbsp;","listText":"Ho&nbsp;","text":"Ho","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/135037798","repostId":1120058699,"repostType":4,"repost":{"id":"1120058699","pubTimestamp":1622120187,"share":"https://www.laohu8.com/m/news/1120058699?lang=&edition=full","pubTime":"2021-05-27 20:56","market":"us","language":"en","title":"Goldman upgrades underperforming Occidental Petroleum, sees it cashing in on higher oil prices","url":"https://stock-news.laohu8.com/highlight/detail?id=1120058699","media":"cnbc","summary":"Occidental Petroleum should be able to catch up to other energy companies as higher oil prices help ","content":"<div>\n<p>Occidental Petroleum should be able to catch up to other energy companies as higher oil prices help the exploration company pay down its debts, according to Goldman Sachs.Energy stocks have rallied ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/27/occidental-stock-upgrade-goldman-sachs.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoldman upgrades underperforming Occidental Petroleum, sees it cashing in on higher oil prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-27 20:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/05/27/occidental-stock-upgrade-goldman-sachs.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Occidental Petroleum should be able to catch up to other energy companies as higher oil prices help the exploration company pay down its debts, according to Goldman Sachs.Energy stocks have rallied ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/27/occidental-stock-upgrade-goldman-sachs.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"OXY":"西方石油"},"source_url":"https://www.cnbc.com/2021/05/27/occidental-stock-upgrade-goldman-sachs.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1120058699","content_text":"Occidental Petroleum should be able to catch up to other energy companies as higher oil prices help the exploration company pay down its debts, according to Goldman Sachs.Energy stocks have rallied since early November as the U.S. economic recovery picked up, but Occidental has lagged despite rising 46% in 2021. Goldman pointed out that the stock has underperformed itssectoryear to date and dramatically since its 2019 acquisition of Anadarko Petroleum.Analyst Neil Mehta upgraded the stock to buy from neutral, saying in a note to clients on Thursday that the gap between Occidental and its competitors was too wide.“While we think debt reduction will continue to be the main focal point for OXY over the medium-term, we believe the extent of underperformance is unwarranted and upgrade OXY to Buy,” the Goldman note said. “In this context, we point toXOM’s turnaround story and recent equity performance as a positive parallel.”Oil prices have risen sharply this year, and Goldman projects that they can rise even higher by the end of the year. That should help Occidental pay off a major chunk of its debt, according to the investment bank.“At year-end 2020, OXY’s net debt was $34 bn. We see potential for OXY to generate $13.1 bn in cumulative FCF in 2021/22 at our bullish commodity prices, which should result in net debt being reduced to $20 bn by 2022 year-end,” the note said.Goldman pointed to Occidental’s chemicals and low-carbon businesses as other strong points for the company.The firm kept its price target on Occidental at $31 per share, which is 22.6% above where the stock closed on Wednesday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":135031169,"gmtCreate":1622121545151,"gmtModify":1704179833161,"author":{"id":"3578810515759756","authorId":"3578810515759756","name":"Sean Wong","avatar":"https://static.tigerbbs.com/5cc373757497744c5e4cc05294b287a8","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/135031169","repostId":1120058699,"repostType":4,"repost":{"id":"1120058699","pubTimestamp":1622120187,"share":"https://www.laohu8.com/m/news/1120058699?lang=&edition=full","pubTime":"2021-05-27 20:56","market":"us","language":"en","title":"Goldman upgrades underperforming Occidental Petroleum, sees it cashing in on higher oil prices","url":"https://stock-news.laohu8.com/highlight/detail?id=1120058699","media":"cnbc","summary":"Occidental Petroleum should be able to catch up to other energy companies as higher oil prices help ","content":"<div>\n<p>Occidental Petroleum should be able to catch up to other energy companies as higher oil prices help the exploration company pay down its debts, according to Goldman Sachs.Energy stocks have rallied ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/27/occidental-stock-upgrade-goldman-sachs.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman upgrades underperforming Occidental Petroleum, sees it cashing in on higher oil prices</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoldman upgrades underperforming Occidental Petroleum, sees it cashing in on higher oil prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-27 20:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/05/27/occidental-stock-upgrade-goldman-sachs.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Occidental Petroleum should be able to catch up to other energy companies as higher oil prices help the exploration company pay down its debts, according to Goldman Sachs.Energy stocks have rallied ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/27/occidental-stock-upgrade-goldman-sachs.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"OXY":"西方石油"},"source_url":"https://www.cnbc.com/2021/05/27/occidental-stock-upgrade-goldman-sachs.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1120058699","content_text":"Occidental Petroleum should be able to catch up to other energy companies as higher oil prices help the exploration company pay down its debts, according to Goldman Sachs.Energy stocks have rallied since early November as the U.S. economic recovery picked up, but Occidental has lagged despite rising 46% in 2021. Goldman pointed out that the stock has underperformed itssectoryear to date and dramatically since its 2019 acquisition of Anadarko Petroleum.Analyst Neil Mehta upgraded the stock to buy from neutral, saying in a note to clients on Thursday that the gap between Occidental and its competitors was too wide.“While we think debt reduction will continue to be the main focal point for OXY over the medium-term, we believe the extent of underperformance is unwarranted and upgrade OXY to Buy,” the Goldman note said. “In this context, we point toXOM’s turnaround story and recent equity performance as a positive parallel.”Oil prices have risen sharply this year, and Goldman projects that they can rise even higher by the end of the year. That should help Occidental pay off a major chunk of its debt, according to the investment bank.“At year-end 2020, OXY’s net debt was $34 bn. We see potential for OXY to generate $13.1 bn in cumulative FCF in 2021/22 at our bullish commodity prices, which should result in net debt being reduced to $20 bn by 2022 year-end,” the note said.Goldman pointed to Occidental’s chemicals and low-carbon businesses as other strong points for the company.The firm kept its price target on Occidental at $31 per share, which is 22.6% above where the stock closed on Wednesday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4472098,"gmtCreate":1622124269708,"gmtModify":1680791363556,"authorId":3578810515759756,"author":{"id":3578810515759756,"authorId":3578810515759756,"name":"Sean Wong","avatar":"https://static.tigerbbs.com/5cc373757497744c5e4cc05294b287a8","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":135031169,"type":1,"supId":4471955,"prevId":0,"content":"Thanks","text":"Thanks","html":"Thanks"},{"id":4471955,"gmtCreate":1622123751142,"gmtModify":1680791359934,"authorId":3583235514597911,"author":{"id":3583235514597911,"authorId":3583235514597911,"name":"Wroy","avatar":"https://static.tigerbbs.com/b08fc03f5ff4c54763ac341cfc008167","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":135031169,"type":1,"supId":0,"prevId":0,"content":"comment","text":"comment","html":"comment"},{"id":4471531,"gmtCreate":1622122151051,"gmtModify":1680791356346,"authorId":3578810515759756,"author":{"id":3578810515759756,"authorId":3578810515759756,"name":"Sean Wong","avatar":"https://static.tigerbbs.com/5cc373757497744c5e4cc05294b287a8","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":135031169,"type":1,"supId":4471501,"prevId":0,"content":"Thanks","text":"Thanks","html":"Thanks"},{"id":4471501,"gmtCreate":1622121952534,"gmtModify":1680791355369,"authorId":3576027044492853,"author":{"id":3576027044492853,"authorId":3576027044492853,"name":"keithwxy","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-3","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"President Tiger","description":"The transaction amount of the securities account reaches $1,000,000","bigImgUrl":"https://static.tigerbbs.com/fbeac6bb240db7da8b972e5183d050ba","smallImgUrl":"https://static.tigerbbs.com/436cdf80292b99f0a992e78750ac4e3a","grayImgUrl":"https://static.tigerbbs.com/506a259a7b456f037592c3b23c779599","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.02.07","exceedPercentage":"93.06%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":135031169,"type":1,"supId":0,"prevId":0,"content":"Done!","text":"Done!","html":"Done!"}],"langContent":"EN"},{"id":135033856,"gmtCreate":1622121476775,"gmtModify":1704179829103,"author":{"id":"3558571642509864","authorId":"3558571642509864","name":"Weilonglek","avatar":"https://static.tigerbbs.com/582a828478fa487580669c34bce8961c","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/135033856","repostId":1120058699,"repostType":4,"repost":{"id":"1120058699","pubTimestamp":1622120187,"share":"https://www.laohu8.com/m/news/1120058699?lang=&edition=full","pubTime":"2021-05-27 20:56","market":"us","language":"en","title":"Goldman upgrades underperforming Occidental Petroleum, sees it cashing in on higher oil prices","url":"https://stock-news.laohu8.com/highlight/detail?id=1120058699","media":"cnbc","summary":"Occidental Petroleum should be able to catch up to other energy companies as higher oil prices help ","content":"<div>\n<p>Occidental Petroleum should be able to catch up to other energy companies as higher oil prices help the exploration company pay down its debts, according to Goldman Sachs.Energy stocks have rallied ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/27/occidental-stock-upgrade-goldman-sachs.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman upgrades underperforming Occidental Petroleum, sees it cashing in on higher oil prices</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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Goldman pointed out that the stock has underperformed itssectoryear to date and dramatically since its 2019 acquisition of Anadarko Petroleum.Analyst Neil Mehta upgraded the stock to buy from neutral, saying in a note to clients on Thursday that the gap between Occidental and its competitors was too wide.“While we think debt reduction will continue to be the main focal point for OXY over the medium-term, we believe the extent of underperformance is unwarranted and upgrade OXY to Buy,” the Goldman note said. “In this context, we point toXOM’s turnaround story and recent equity performance as a positive parallel.”Oil prices have risen sharply this year, and Goldman projects that they can rise even higher by the end of the year. That should help Occidental pay off a major chunk of its debt, according to the investment bank.“At year-end 2020, OXY’s net debt was $34 bn. We see potential for OXY to generate $13.1 bn in cumulative FCF in 2021/22 at our bullish commodity prices, which should result in net debt being reduced to $20 bn by 2022 year-end,” the note said.Goldman pointed to Occidental’s chemicals and low-carbon businesses as other strong points for the company.The firm kept its price target on Occidental at $31 per share, which is 22.6% above where the stock closed on Wednesday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":135093718,"gmtCreate":1622120863334,"gmtModify":1704179815949,"author":{"id":"3574833832969862","authorId":"3574833832969862","name":"mcspicy","avatar":"https://static.tigerbbs.com/af1c1c23a4fcb8e7fe5d0f62dc9f1c20","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"thanks","listText":"thanks","text":"thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/135093718","repostId":1120058699,"repostType":4,"repost":{"id":"1120058699","pubTimestamp":1622120187,"share":"https://www.laohu8.com/m/news/1120058699?lang=&edition=full","pubTime":"2021-05-27 20:56","market":"us","language":"en","title":"Goldman upgrades underperforming Occidental Petroleum, sees it cashing in on higher oil prices","url":"https://stock-news.laohu8.com/highlight/detail?id=1120058699","media":"cnbc","summary":"Occidental Petroleum should be able to catch up to other energy companies as higher oil prices help ","content":"<div>\n<p>Occidental Petroleum should be able to catch up to other energy companies as higher oil prices help the exploration company pay down its debts, according to Goldman Sachs.Energy stocks have rallied ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/27/occidental-stock-upgrade-goldman-sachs.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman upgrades underperforming Occidental Petroleum, sees it cashing in on higher oil prices</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoldman upgrades underperforming Occidental Petroleum, sees it cashing in on higher oil prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-27 20:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/05/27/occidental-stock-upgrade-goldman-sachs.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Occidental Petroleum should be able to catch up to other energy companies as higher oil prices help the exploration company pay down its debts, according to Goldman Sachs.Energy stocks have rallied ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/27/occidental-stock-upgrade-goldman-sachs.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"OXY":"西方石油"},"source_url":"https://www.cnbc.com/2021/05/27/occidental-stock-upgrade-goldman-sachs.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1120058699","content_text":"Occidental Petroleum should be able to catch up to other energy companies as higher oil prices help the exploration company pay down its debts, according to Goldman Sachs.Energy stocks have rallied since early November as the U.S. economic recovery picked up, but Occidental has lagged despite rising 46% in 2021. Goldman pointed out that the stock has underperformed itssectoryear to date and dramatically since its 2019 acquisition of Anadarko Petroleum.Analyst Neil Mehta upgraded the stock to buy from neutral, saying in a note to clients on Thursday that the gap between Occidental and its competitors was too wide.“While we think debt reduction will continue to be the main focal point for OXY over the medium-term, we believe the extent of underperformance is unwarranted and upgrade OXY to Buy,” the Goldman note said. “In this context, we point toXOM’s turnaround story and recent equity performance as a positive parallel.”Oil prices have risen sharply this year, and Goldman projects that they can rise even higher by the end of the year. That should help Occidental pay off a major chunk of its debt, according to the investment bank.“At year-end 2020, OXY’s net debt was $34 bn. We see potential for OXY to generate $13.1 bn in cumulative FCF in 2021/22 at our bullish commodity prices, which should result in net debt being reduced to $20 bn by 2022 year-end,” the note said.Goldman pointed to Occidental’s chemicals and low-carbon businesses as other strong points for the company.The firm kept its price target on Occidental at $31 per share, which is 22.6% above where the stock closed on Wednesday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4471353,"gmtCreate":1622121136920,"gmtModify":1680791348921,"authorId":3579281258254650,"author":{"id":3579281258254650,"authorId":3579281258254650,"name":"viny","avatar":"https://static.tigerbbs.com/d15f9871e87ab4a8d4b0d23057f0d71f","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":135093718,"type":1,"supId":0,"prevId":0,"content":"comment pls","text":"comment pls","html":"comment pls"}],"langContent":"EN"},{"id":135004477,"gmtCreate":1622120519799,"gmtModify":1704179810595,"author":{"id":"3574341550753694","authorId":"3574341550753694","name":"cammietang90","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Please like and comment. Thank you","listText":"Please like and comment. Thank you","text":"Please like and comment. Thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/135004477","repostId":1120058699,"repostType":4,"repost":{"id":"1120058699","pubTimestamp":1622120187,"share":"https://www.laohu8.com/m/news/1120058699?lang=&edition=full","pubTime":"2021-05-27 20:56","market":"us","language":"en","title":"Goldman upgrades underperforming Occidental Petroleum, sees it cashing in on higher oil prices","url":"https://stock-news.laohu8.com/highlight/detail?id=1120058699","media":"cnbc","summary":"Occidental Petroleum should be able to catch up to other energy companies as higher oil prices help ","content":"<div>\n<p>Occidental Petroleum should be able to catch up to other energy companies as higher oil prices help the exploration company pay down its debts, according to Goldman Sachs.Energy stocks have rallied ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/27/occidental-stock-upgrade-goldman-sachs.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman upgrades underperforming Occidental Petroleum, sees it cashing in on higher oil prices</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoldman upgrades underperforming Occidental Petroleum, sees it cashing in on higher oil prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-27 20:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/05/27/occidental-stock-upgrade-goldman-sachs.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Occidental Petroleum should be able to catch up to other energy companies as higher oil prices help the exploration company pay down its debts, according to Goldman Sachs.Energy stocks have rallied ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/27/occidental-stock-upgrade-goldman-sachs.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"OXY":"西方石油"},"source_url":"https://www.cnbc.com/2021/05/27/occidental-stock-upgrade-goldman-sachs.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1120058699","content_text":"Occidental Petroleum should be able to catch up to other energy companies as higher oil prices help the exploration company pay down its debts, according to Goldman Sachs.Energy stocks have rallied since early November as the U.S. economic recovery picked up, but Occidental has lagged despite rising 46% in 2021. Goldman pointed out that the stock has underperformed itssectoryear to date and dramatically since its 2019 acquisition of Anadarko Petroleum.Analyst Neil Mehta upgraded the stock to buy from neutral, saying in a note to clients on Thursday that the gap between Occidental and its competitors was too wide.“While we think debt reduction will continue to be the main focal point for OXY over the medium-term, we believe the extent of underperformance is unwarranted and upgrade OXY to Buy,” the Goldman note said. “In this context, we point toXOM’s turnaround story and recent equity performance as a positive parallel.”Oil prices have risen sharply this year, and Goldman projects that they can rise even higher by the end of the year. That should help Occidental pay off a major chunk of its debt, according to the investment bank.“At year-end 2020, OXY’s net debt was $34 bn. We see potential for OXY to generate $13.1 bn in cumulative FCF in 2021/22 at our bullish commodity prices, which should result in net debt being reduced to $20 bn by 2022 year-end,” the note said.Goldman pointed to Occidental’s chemicals and low-carbon businesses as other strong points for the company.The firm kept its price target on Occidental at $31 per share, which is 22.6% above where the stock closed on Wednesday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4471269,"gmtCreate":1622120575239,"gmtModify":1680791344271,"authorId":3570530631542520,"author":{"id":3570530631542520,"authorId":3570530631542520,"name":"Jvalour","avatar":"https://static.tigerbbs.com/dabcad43bda9229fb25d582c8c1ec36b","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":135004477,"type":1,"supId":0,"prevId":0,"content":"Ok pls like and comment back! ","text":"Ok pls like and comment back! ","html":"Ok pls like and comment back! "},{"id":4471317,"gmtCreate":1622120875741,"gmtModify":1680791343409,"authorId":3574833832969862,"author":{"id":3574833832969862,"authorId":3574833832969862,"name":"mcspicy","avatar":"https://static.tigerbbs.com/af1c1c23a4fcb8e7fe5d0f62dc9f1c20","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":135004477,"type":1,"supId":0,"prevId":0,"content":"nice","text":"nice","html":"nice"}],"langContent":"EN"},{"id":135004272,"gmtCreate":1622120495396,"gmtModify":1704179810756,"author":{"id":"3570232772432396","authorId":"3570232772432396","name":"LEEKONGYONG","avatar":"https://static.tigerbbs.com/c74d9c9f2649cfda0fddd357a5291916","vip":1,"hat":"https://static.tigerbbs.com/646756f1284a5a6480ed02cc4fa7d1d2","crmLevel":6,"crmLevelSwitch":1},"htmlText":"Buy on dip","listText":"Buy on dip","text":"Buy on dip","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/135004272","repostId":1120058699,"repostType":4,"repost":{"id":"1120058699","pubTimestamp":1622120187,"share":"https://www.laohu8.com/m/news/1120058699?lang=&edition=full","pubTime":"2021-05-27 20:56","market":"us","language":"en","title":"Goldman upgrades underperforming Occidental Petroleum, sees it cashing in on higher oil prices","url":"https://stock-news.laohu8.com/highlight/detail?id=1120058699","media":"cnbc","summary":"Occidental Petroleum should be able to catch up to other energy companies as higher oil prices help ","content":"<div>\n<p>Occidental Petroleum should be able to catch up to other energy companies as higher oil prices help the exploration company pay down its debts, according to Goldman Sachs.Energy stocks have rallied ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/27/occidental-stock-upgrade-goldman-sachs.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman upgrades underperforming Occidental Petroleum, sees it cashing in on higher oil prices</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoldman upgrades underperforming Occidental Petroleum, sees it cashing in on higher oil prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-27 20:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/05/27/occidental-stock-upgrade-goldman-sachs.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Occidental Petroleum should be able to catch up to other energy companies as higher oil prices help the exploration company pay down its debts, according to Goldman Sachs.Energy stocks have rallied ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/27/occidental-stock-upgrade-goldman-sachs.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"OXY":"西方石油"},"source_url":"https://www.cnbc.com/2021/05/27/occidental-stock-upgrade-goldman-sachs.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1120058699","content_text":"Occidental Petroleum should be able to catch up to other energy companies as higher oil prices help the exploration company pay down its debts, according to Goldman Sachs.Energy stocks have rallied since early November as the U.S. economic recovery picked up, but Occidental has lagged despite rising 46% in 2021. Goldman pointed out that the stock has underperformed itssectoryear to date and dramatically since its 2019 acquisition of Anadarko Petroleum.Analyst Neil Mehta upgraded the stock to buy from neutral, saying in a note to clients on Thursday that the gap between Occidental and its competitors was too wide.“While we think debt reduction will continue to be the main focal point for OXY over the medium-term, we believe the extent of underperformance is unwarranted and upgrade OXY to Buy,” the Goldman note said. “In this context, we point toXOM’s turnaround story and recent equity performance as a positive parallel.”Oil prices have risen sharply this year, and Goldman projects that they can rise even higher by the end of the year. That should help Occidental pay off a major chunk of its debt, according to the investment bank.“At year-end 2020, OXY’s net debt was $34 bn. We see potential for OXY to generate $13.1 bn in cumulative FCF in 2021/22 at our bullish commodity prices, which should result in net debt being reduced to $20 bn by 2022 year-end,” the note said.Goldman pointed to Occidental’s chemicals and low-carbon businesses as other strong points for the company.The firm kept its price target on Occidental at $31 per share, which is 22.6% above where the stock closed on Wednesday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4471290,"gmtCreate":1622120691854,"gmtModify":1680791348665,"authorId":3578646918503128,"author":{"id":3578646918503128,"authorId":3578646918503128,"name":"lyly24","avatar":"https://static.tigerbbs.com/8b90a750827e6a655bf6db8d8893f129","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.10.05","exceedPercentage":"80.66%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":135004272,"type":1,"supId":0,"prevId":0,"content":"ok","text":"ok","html":"ok"},{"id":4471257,"gmtCreate":1622120515140,"gmtModify":1680791344018,"authorId":3570342809089528,"author":{"id":3570342809089528,"authorId":3570342809089528,"name":"phantom74","avatar":"https://static.tigerbbs.com/c87ef2af41b8696be86cceafb5b5723d","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":135004272,"type":1,"supId":0,"prevId":0,"content":"buy buy <u>buy</u>","text":"buy buy <u>buy</u>","html":"buy buy <u>buy</u>"}],"langContent":"EN"},{"id":135002375,"gmtCreate":1622120270197,"gmtModify":1704179807029,"author":{"id":"3557722898030015","authorId":"3557722898030015","name":"Ma_Yi_Long","avatar":"https://static.tigerbbs.com/87e91b153216a6f84a5a4ac58894a42e","vip":1,"crmLevel":5,"crmLevelSwitch":1},"htmlText":"pls like and respond","listText":"pls like and respond","text":"pls like and respond","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/135002375","repostId":1120058699,"repostType":4,"repost":{"id":"1120058699","pubTimestamp":1622120187,"share":"https://www.laohu8.com/m/news/1120058699?lang=&edition=full","pubTime":"2021-05-27 20:56","market":"us","language":"en","title":"Goldman upgrades underperforming Occidental Petroleum, sees it cashing in on higher oil prices","url":"https://stock-news.laohu8.com/highlight/detail?id=1120058699","media":"cnbc","summary":"Occidental Petroleum should be able to catch up to other energy companies as higher oil prices help ","content":"<div>\n<p>Occidental Petroleum should be able to catch up to other energy companies as higher oil prices help the exploration company pay down its debts, according to Goldman Sachs.Energy stocks have rallied ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/27/occidental-stock-upgrade-goldman-sachs.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoldman upgrades underperforming Occidental Petroleum, sees it cashing in on higher oil prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-27 20:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/05/27/occidental-stock-upgrade-goldman-sachs.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Occidental Petroleum should be able to catch up to other energy companies as higher oil prices help the exploration company pay down its debts, according to Goldman Sachs.Energy stocks have rallied ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/27/occidental-stock-upgrade-goldman-sachs.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"OXY":"西方石油"},"source_url":"https://www.cnbc.com/2021/05/27/occidental-stock-upgrade-goldman-sachs.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1120058699","content_text":"Occidental Petroleum should be able to catch up to other energy companies as higher oil prices help the exploration company pay down its debts, according to Goldman Sachs.Energy stocks have rallied since early November as the U.S. economic recovery picked up, but Occidental has lagged despite rising 46% in 2021. Goldman pointed out that the stock has underperformed itssectoryear to date and dramatically since its 2019 acquisition of Anadarko Petroleum.Analyst Neil Mehta upgraded the stock to buy from neutral, saying in a note to clients on Thursday that the gap between Occidental and its competitors was too wide.“While we think debt reduction will continue to be the main focal point for OXY over the medium-term, we believe the extent of underperformance is unwarranted and upgrade OXY to Buy,” the Goldman note said. “In this context, we point toXOM’s turnaround story and recent equity performance as a positive parallel.”Oil prices have risen sharply this year, and Goldman projects that they can rise even higher by the end of the year. That should help Occidental pay off a major chunk of its debt, according to the investment bank.“At year-end 2020, OXY’s net debt was $34 bn. We see potential for OXY to generate $13.1 bn in cumulative FCF in 2021/22 at our bullish commodity prices, which should result in net debt being reduced to $20 bn by 2022 year-end,” the note said.Goldman pointed to Occidental’s chemicals and low-carbon businesses as other strong points for the company.The firm kept its price target on Occidental at $31 per share, which is 22.6% above where the stock closed on Wednesday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4471223,"gmtCreate":1622120279880,"gmtModify":1680791350005,"authorId":3557722898030015,"author":{"id":3557722898030015,"authorId":3557722898030015,"name":"Ma_Yi_Long","avatar":"https://static.tigerbbs.com/87e91b153216a6f84a5a4ac58894a42e","vip":1,"crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":135002375,"type":1,"supId":0,"prevId":0,"content":"ok","text":"ok","html":"ok"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":23,"commentSize":10,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}