Opinion: The United States is still too reliant on oil [CNNMoney.com]
Occidental Petroleum Corporation (OXY)
Last occidental petroleum corporation earnings: 2/27 04:13 pm
Check Earnings Report
US:NYSE Investor Relations:
oxy.com/investors/pages/default.aspx
Company Research
Source: CNNMoney.com
The United States is still too reliant on oil Varsha Koduvayur is a senior research analyst at the Foundation for Defense of Democracies, where she focuses on the Gulf. The opinions expressed in this commentary are her own. Oil prices have been cratering in the wake of Saudi Arabia's decision to ramp up production and offer customers a discount for its crude. A decade ago, that would have been welcome news for the United States. But now, as the US oil industry grows — transforming the United States into one of the top exporters — the crash in prices threatens to cause as much pain as relief. This underscores an important dynamic: The United States continues to remain too reliant on oil. Saudi Arabia's decision to open its taps comes after talks with OPEC and non-OPEC producers, led by Russia, collapsed last week. Prices had already been sliding dangerously as coronavirus fears battered global demand for oil. Then Saudi Arabia escalated things when it slashed the price o
Show less
Read more
Impact Snapshot
Event Time:
OXY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
OXY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
OXY alerts
High impacting Occidental Petroleum Corporation news events
Weekly update
A roundup of the hottest topics
OXY
News
- Here's Why Shareholders Will Not Be Complaining About Occidental Petroleum Corporation's (NYSE:OXY) CEO Pay Packet [Yahoo! Finance]Yahoo! Finance
- Occidental Petroleum (OXY) Gains As Market Dips: What You Should Know [Yahoo! Finance]Yahoo! Finance
- Ivanhoe Capital Joins Pure Lithium's Series A Financing with Existing Investors [Yahoo! Finance]Yahoo! Finance
- Occidental Petroleum (OXY) Stock Dips While Market Gains: Key Facts [Yahoo! Finance]Yahoo! Finance
- Occidental Stock Is Still Quite Undervalued [Seeking Alpha]Seeking Alpha
OXY
Earnings
- 2/14/24 - In-Line
OXY
Sec Filings
- 4/17/24 - Form PX14A6G
- 4/10/24 - Form 8-K
- 3/21/24 - Form 4
- OXY's page on the SEC website