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9.11743253100393E-05 -0.00109409190371995 -0.00182348650619988 -0.000182348650619949 0.00401167031363966 0.00328227571115973 0.00902625820568923 0.00857038657913929
Stock impact report

Oil's $30 whipsaw just put Buffett's biggest energy bet back on screen [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
Occidental Petroleum ( OXY ) did not need company-specific news to move on March 10. It just needed oil to reverse hard. After crude's sharp run higher, the energy trade snapped back, and OXY closed at $53.12, down 2.99% on the day. The stock also traded at a relative volume of 1.88, showing investors were paying closer attention than usual. That kind of move can make OXY look like a simple oil trade. But the company's story has become more than that. Occidental still moves with crude, but it is also increasingly a balance-sheet story, a capital-return story, and a Buffett stock. Oil's reversal hit OXY, but crude is only half the story The immediate catalyst was straightforward. Oil prices surged on geopolitical tension, then reversed as the market reassessed the odds of a worst-case supply shock. That kind of volatility tends to hit upstream producers first. When crude jumps, investors buy sensitivity. When crude falls, those same names usually get sold before company fund Show less Read more
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