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Stock impact report

Occidental Petroleum (OXY) Soars to 52-Week High on Leadership Transition [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 rallied for a third straight day on Thursday to hit an over 52-week high, as investors welcomed the company's incoming leadership transition. In intra-day trading, Occidental Petroleum Corp. (NYSE:OXY) climbed to its highest price of $64.44 before paring a few cents to finish the day just up by 4.06 percent at $64.36 apiece. Photo by Zukiman Mohamad on Pexels An exclusive report by Reuters said that incumbent Chief Executive Officer Vicki Hollub is set to retire this year after more than four decades in the company, handing over the reins to Chief Operating Officer Richard Jackson. Hollub was the first woman to lead a major oil firm and grow it into one of the largest petroleum firms in the Permian Basin. Despite her retirement, she would remain on the board of directors and serve as an advisor to support with the transition. Following the report, JPMorgan reiterated its price target of $63 and “hold” rating for its stock. Meanwhile, Truist earlier th Show less Read more
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