Get all your news in one place.
100's of premium titles.
One app.
Start reading
MarketBeat
MarketBeat
Jeffrey Neal Johnson

Why Occidental's Price Dip Signals a Buying Opportunity

The stock chart for Occidental Petroleum (NYSE: OXY) seems to be telling a story of volatility and struggle. Shares have declined by over 11% in the last three months and by a larger 30% over the past year. For many investors, such a downward trend is an unambiguous signal to stay away.

Yet, a different story is unfolding within the company itself. Beneath the surface of this negative market sentiment, Occidental has been methodically improving its operations and strengthening its finances. This growing gap between Occidental’s stock price and its fundamental health is where investment opportunities are often found. A closer look reveals an energy producer that is becoming more efficient, financially healthier, and uniquely positioned for the future of the energy sector.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.