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Is Occidental Petroleum Corp (Oxy) a good stock to buy?

At Walletinvestor.com we predict future values with technical analysis for wide selection of stocks like Occidental Petroleum Corp. (OXY). If you are looking for stocks with good return, Occidental Petroleum Corp. can be a profitable investment option. Occidental Petroleum Corp. quote is equal to 59.160 USD at 2023-06-02.

What's going on with Occidental Petroleum's stock?

Concerns over Russia sanctions leading to a spike in oil prices sent oil higher and Occidental's stock with it. The company is also rapidly paying down debt. Shares of Occidental Petroleum ( OXY -2.39%) rocketed over 10% higher as of midday on Monday, as concerns over Russian sanctions pushed global oil prices higher.

How high is Occidental Petroleum stock?

The high in the last 52 weeks of Occidental Petroleum stock was 71.18. According to the current price, Occidental Petroleum is 86.99% away from the 52-week high. What are analysts forecasts for Occidental Petroleum stock?

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