Occidental Petroleum Corp Stock Performance
Occidental Petroleum Corp’s stock price has fluctuated in recent times, reaching a low of below $50 due to a decline in oil prices.
Potential Catalysts for Growth
The company has several potential upside catalysts, including:
- Higher oil prices
- Warren Buffett’s interest in the company
Analyst Predictions
According to analysts, the company’s stock is expected to increase over the next five years due to these factors.
Market Trend Impact
The current market trend is shifting towards “dirty” oil and away from clean energy investments, which may impact the company’s performance.