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Stock impact report

Occidental Petroleum Just Discovered Oil in an Exploratory Well Off the Gulf of America. Here Are 2 More Stocks That Could Soar as a Result. [Yahoo! Finance]

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: Yahoo! Finance
The company said the discovery was made at the Bandit site, about 125 miles south of the Louisiana coast. During exploration at Bandit, Occidental observed high-quality, full-to-base oil-bearing Miocene sands. The company owns over 45% of the Bandit and said it is still examining the results of its discovery to determine next steps. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Image source: Getty Images. Occidental also said there is potential for a subsea tie-back, or connection, to nearby Occidental facilities, which would allow the company to leverage underwater pipelines and infrastructure to connect this newer offshore well to existing production platforms. "Occidental is focused on strengthening our Gulf of America portfolio," Jeff Simmons, senior vice president of subsurface technology and chief Show less Read more
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