We came across a bullish thesis on Occidental Petroleum Corporation on Open Insights’s Substack. In this article, we will summarize the bulls’ thesis on OXY. Occidental Petroleum Corporation's share was trading at $45.40 as of October 6th. OXY’s trailing and forward P/E were 26.02 and 16.18 respectively according to Yahoo Finance.
[caption id="attachment_364621" align="aligncenter" width="750"]Occidental Petroleum (“OXY”) recently sold its OXYChem business to Berkshire Hathaway for $9.7 billion in cash, translating to roughly...
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