I don't like the way oxy is trading...XOM dropped after the divy !
BETTER HOLD 58.61...OR ITS NO BOTTOM...YIKES !
So OXY has recently raised it’s almost 5% dividend and just handily beat earning expectations … and yet this already oversold stock is DOWN further today?? Did it, errr … “pass gas” or something to earn this kind of disrespect from fund managers?? I will never understand the market’s willingness to “punish” an established company when it does better! I’m not selling my OXY at these levels, and can’t understand the logic of anyone who is!!
OXY upped dividend. A very solid company!
OXY to buy Diamond Offshore
OXY dead money AT BEST. Holub overpaying for assets again. Need to get rid offer before stock has a chance to recover!
I do think OXY is a great corporation with unbelievable management team. Although the international oil price is sinking, yet it stand tall. I study this corporation for many years & I found out that they are structuring it. wait & see. The corporation will come alive again. Anglo
Is there a reason for the heavy volume on no news? Downgrade?
Yahoo Finance Insights
OXY is up 4.93% to 61.50
Yeah, probably down on x dividend. Dividends are threatened on many companies if oil stays in mid 40s or worse. That is why I went with CVX.
Overall I think we will see upside for OXY in the short-term. Perhaps a pullback next day or so could occur I suppose but are yall also seeing a further leg higher? Im not sure about you guys but awesome.stocks has provided me with some pretty good trade ideas. I messed up executing some of them but thats on me.
What happens to this corporation, I mean the stock price is diving ?
Art forms of the past were really considered elitist. Bach did not compose for the masses, neither did Beethoven. It was always for patrons, aristocrats, and royalty. Now we have a sort of democratic version of that, which is to say that the audience is so splintered in its interests. http://dataunion.tistory.com/12336
X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks Sep-2016 1,000 Day Parameter 4,338 NYSE Stocks Price Analysis This stock mode of correlation coefficient is 0.7 In other words, the correlation coefficient of the other stocks
Soooo- OXY is now selling "nonessential "Permian acreage- do you think maybe Chazen's new company will be the buyer-no doubt at a sweet deal. I wonder if he will overpay like OXY did when they bought a mere 35,000 acres for $2 Billion- no he is smarter than that. Chazen should be fired from the Board for conflict of interest and Hollub terminated for gross negligence and basic stupidity. This stock does not have a chance until those two clowns are gone.
Interesting times ahead for OXY over the short term. I mean, what else can we all expect from a neutral EPS next Q of 0.07. Interesting times for sure... Not sure how awesome-STOCKS finds all these incredible trade ideas but im happy.
Hollub has no clue and the market knows it! She overpaid for the Permian assets last Oct ($2 Billion for only 35,000 acres) whereas XOM spent 5.6 Billion for a lot more acres acres this year (250,000). Even Marathon got 70,000 acres for just 1.1 Billion recently. She needs to go and Chazen needs to resign from Board!!!!
Wahoo Chazen!! SEC reports show your weekly OXY stock sale continues - sell, sell, sell (April 20, April 27 etc ,etc). Clearly you are unloading your free stock before the bottom drops out. You should be terminated from Board for conflict of interest and egged for foisting that inept CEO Hollub on us.