Kelvin 梁
06:06
$Occidental(OXY)$ Occidental Petroleum (OXY) — Recent Bull/Bear News Flow

Bottom line: Over the past ~3 months the news flow has been split cleanly along one axis — oil price and geopolitics (bullish) versus valuation/positioning and interest rates (bearish) . Q2 results delivered the strongest profit since 2022 on Middle East-driven crude prices, and sell-side targets have been drifting higher; offsetting that, a prominent long-term holder publicly exited his upside via covered calls, and the stock sold off hard with the whole energy complex on rate-driven risk-off days.
OXY
10-01 06:05
USOccidental
SidePrice | FilledRealized P&L
Buy
Open
55.57
0
+0.50%
Holding
Occidental
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment