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Occidental Petroleum Corporation (OXY)

NYSE - NYSE Delayed Price. Currency in USD
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58.73-3.15 (-5.09%)
At close: 04:00PM EDT
59.43 +0.70 (+1.19%)
After hours: 07:59PM EDT
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  • M
    Mr Clean
    ✅From the highs my value has dropped over $400k but i’m still holding strong
  • m
    mmk
    All shareholders should thank Stephen Chazen for the many contributions he made to Occidental. He will be missed.
  • A
    A1ST
    Russia is threatening nuclear war and the U.S. Oil reserves are at the lowest in decades. Aren’t the Oil reserves designated for a military emergency! Nice job administration!
  • y
    y
    2days from now we will see Buffett was backing his truck?
    Bullish
  • A
    Ann
    Sad day when your principal investment is eaten away by this stock. I guess we have to pay their tax bill.
  • B
    Bren
    Eco 101: Demand for oil is relatively inelastic (It doesn't respond dramatically to changes in price in the short term, esp oil at $80) while oil supply is low. This is hype to drive oil stocks down.
    You have OPEC put, SPR that needs to refill, and China coming out of Covid lockdown (look at Hong Kong). Oil will spike when that happens (and we will know when SPR starts to refill).
    If anything Institutional Investors mostly likely are not selling, but holding on.
  • C
    Crapaud
    To all investors in OXY remember this company makes $ when oil is above $40/barrel. Oil is selling for 80+/barrel. That’s $40 profit a barrel. 1,100,000 barrels a day= $44,000,000 a day x 90 days a quarter= $3,960,000,000.
    That’s $4.24/share this quarter. Not to bad of an investment.
    Go long and you will not be wrong:-)
  • R
    Rainier
    Friday day volume was higher than average volume, that only means one thing…
    Bullish
  • M
    Michael
    After the midterms the price of oil will sky rocket to a new all time high beyond 150. In the metro area I live in there is more traffic than ever more cars on the road than ever. The WH has squandered the SPR to mask the dire situation its created. Buffet knows this and he's kicking back waiting for the explosive reversal back upward.
  • B
    Benjo
    Adding calls with WB to $84 and then $145
  • S
    Steven
    4 mm shares in 14 minutes. ?
  • Y
    YMHYHUA
    This too shall pass. Wait for it.
  • A
    A1ST
    How much longer can Oil prices be held down by the administration releasing Oil reserves before the Oil market explodes??? Maybe this post is not appropriate in todays world?
  • M
    Myaccount
    Yahoo needs to put me on the payroll for actively deleting so much spam...
  • y
    y
    This is a quote from Alex Karp CEO and founder of 30 year old palantir. Karp believes that the situation is even more dire overseas.
    “People are scared s---less about energy outside of America,” Karp said.
    ENERGY. OXY is producing a very real, NEEDED product for the world to run. Most the alternative energy companies will not survive this economy. OXY has been here since 1909.
    Bullish
  • y
    y
    Chevron Dow 7% Devon 10% so relatively speaking we are holding up on a brutal week.
    Bullish
  • M
    Mr Clean
    ✅A lot of stocks on sale🤑
  • K
    Katherine
    Probably Uncle Buffett had already EXERCISED his $10. billion OXY warrants , therefore diluted share outstanding and coinsdently hit with broad base market sell offs. I think he might continue back up his truck today. because share price is now lower than his warrants at $59.62 per share.
  • P
    Patsy
    Cheap stock. Added 4500 more.
  • W
    Wolfee
    OXY is doing much better now that the market is closed! Up nicely.... Lets see if this holds on Monday? What a rough week....
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