Shares of Occidental Petroleum Corp (OXY) are trading -5% lower at a price of $71.55 at the time of this writing. The stock is floundering behind peers on a slightly bearish day for the Energy sector.
Occidental Petroleum Corp has been trading between a 52-week high of $77.13 and a 52-week low of $24.28. The stock has a market cap of $67.1 Billion.
Occidental is an international energy company with assets in the United States, Middle East, Africa and Latin America. It is one of the largest oil producers in the U.S., including a leading producer in the Permian and DJ basins, and offshore Gulf of Mexico. Its midstream and marketing segment provides flow assurance and maximizes the value of our oil and gas.
Headlines
Active options: TSLA BBBY AAPL NVDA AMZN CCL AMD BABA T F OXY
Investing.com 08-30-22
Why Occidental Petroleum, Diamondback Energy, and Battalion Oil Corporation Soared Today
The Motley Fool 08-29-22
Occidental Petroleum Stock: Still Room To Grow (NYSE:OXY)
Seeking Alpha 08-29-22
Hedge Funds'' 21 Top Blue-Chip Stocks to Buy Now
Kiplinger 08-29-22
Better Buy: Occidental Petroleum or Kinder Morgan?
The Motley Fool 08-29-22
As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:daveflav21 - 8 upvotes -
sourceFinally OXY is dumping, I've been waiting for more than a week now and my puts kept getting annihalated by theta
betaforever - 8 upvotes -
sourceOxy, bbby calls and spy puts is what we doing today or what
deuce-deuce-pap - 6 upvotes -
sourceCivil war in Iraq and China river dry so no hydro power? Oxy gonna hulk dick so hard
jostradumass - 6 upvotes -
sourceOXY and BBBY calls again I guess.
Justheretolearnnn - 5 upvotes -
sourceSo thoughts on oxy?
deuce-deuce-pap - 5 upvotes -
sourceMy oxy 77c don’t feel so good
ScruffyBelievesInGME - 5 upvotes -
sourceOil is $97 a barrel again = all my remaining cash on hand is now XOM. Already have OXY
Zeroknowledgeproof87 - 5 upvotes -
sourceOxy making 52 week highs at $95 oil is mania. Puts
Sir_Trashbin - 4 upvotes -
sourceWhere are the cucks that echo chambered that OXY had topped out at $73 and then downvote brigaded and flamed anyone that said otherwise last week
Zeroknowledgeproof87 - 4 upvotes -
sourceoxy is at 52 week high with $95 oil. overbought