Occidental Petroleum exceeded Q2 revenue and EPS expectations, reporting $6.88 billion in revenue and $1.03 EPS, driven by higher production in the Permian Basin and Gulf of Mexico. Following the announcement, retail sentiment soared, with Stocktwits users turning 'extremely bullish'. The company, now 29% owned by Warren Buffett’s Berkshire Hathaway, also completed a $12 billion acquisition of CrownRock, expected t...
Disclaimer: this is not a suggestion to buy or sell. Trade at your own risk. You take full responsibility on your own action. long: qcom, ctra, hst short: tmo, pnw #priceactiotrade
$Occidental Petroleum (OXY.US)$Oxy hits oil with deepwater US probe - subsea project on the move. Occidental Petroleum has made an oil discovery in the deepwater US Gulf of Mexico that is already being progressed towards a final investment decision. Oxy expects oil and gas production from its US Gulf assets to be running at 130,000 barrels per day of oil equivalent by the end of 2024.
SFRE Keith
:
OXY is transitioning into a carbon management company. Its Direct Air Carbon Capture Technology can offset its carbon footprint and generate revenue by selling carbon credits to other companies.
FrancisTan_陳政
OP
SFRE Keith
:
I use the Elliott Wave Theory strategy to keep up with the ever-changing market. Therefore, I must wait for the market to "show" the underlying structure before predicting a high-probability entry level or zone. You may refer Trading Knowledge : What Investors Should Know to help you understand the market better.
The company, now 29% owned by Warren Buffett’s Berkshire Hathaway, also completed a $12 billion acquisition of CrownRock, expected t...
long:
qcom, ctra, hst
short:
tmo, pnw
#priceactiotrade
Occidental Petroleum has made an oil discovery in the deepwater US Gulf of Mexico that is already being progressed towards a final investment decision.
Oxy expects oil and gas production from its US Gulf assets to be running at 130,000 barrels per day of oil equivalent by the end of 2024.
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Just in June, he acquired shares worth nearly USD 500 million.
This isn’t the fi...
Occidental Petroleum (OXY) Beats Q2 Earnings Estimates
Occidental Petroleum Corporation - NYSE
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