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-0.00130174433741206 -0.0029506204981342 -0.00130174433741206 -0.00286383754230668 -0.00130174433741206 0.00468627961468373 0.00885186149440246 0.00668228759871558
Stock impact report

Occidental (OXY) Soars 5.1%: Is Further Upside Left in the Stock? [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) shares ended the last trading session 5.1% higher at $58.41. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 17.7% gain over the past four weeks. Occidental Petroleum is a low-cost producer with significant exposure to the Permian Basin and is likely to benefit from rising oil prices amid the ongoing crisis in the Middle East. The company also has international operations and some exposure in the region. However, none of its operations depend on the Strait of Hormuz for transporting oil, which provides an added advantage. Occidental Petroleum has been efficiently using the proceeds from noncore asset sales to reduce its outstanding debt, which is reducing interest expenses and improving margins. Over the past 20 months, the company has repaid $13.9 billion in debt, reducing its annual interest expenses by $740 million. This oil and gas exploration and product Show less Read more
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