Occidental Oil Corporation (Oxy): a bull box theory

We encountered a knife thesis Occidental Oil Corporation (Oxy), substitutes by Magnus Ofstad. In this article, we will summarize the thesis of the oxen in oxy. Olcidental Oil Corporation (OXY) ‘share traded $ 43.04 as of May 16^th. Oxy’s tracking and forward P / E, was 17.43 and 18.87, respectively, according to their finance.

Air view of oil and gas drilling facilities in the desert kissed from the sun.

Olcidental oil (OXY) is reduced by about 13% and is purchased by investors despite a number of trade between the largest capital positions of trade and Berbshir HathaWay under 12x earnings. Oxy is a leading operator in Perm Hain, which offers the lowest price, longest production assets in the United States, which allows the company to remain positive even in the price of oil in $ 30. These operational efficiency are supported by a diversified business model, which provides stability outside the production of oil production, contains chemical and medium segments. Oxy and carbon seizure, the Flatio Stratos Project – a large-scale direct air capture (DAC) rig in Texas start initial operations in 2025 and reach the full-scale trade function in 2025.

However, such green initiatives were recently cooled and had more concerns about OKY’s large debt burden and inconsistent production performance. The company is world-class assets and long-term strategic potential, the executive Missteps has complicated the shareholding. Nevertheless, about 30% of the ownership of the Berkshire Hathaway and the confidence of the value of OKY’s value can occur in the operating supply. The current price of the shares reflects many skepticism, but if the investor can resume the investor’s confidence in the investor and ensuring financial goals safer, it may be important.

Occidental Oil Corporation (Oxy) is not in our list 30 most popular stocks among hedgeic funds. According to our database, the 68 hedge fund portfolio was held in the end of the 71st quarter in the previous quarter. As an investment, our beliefs are confirmed by the risk and potential of oxicity, and our beliefs are in the belief that some AI shares have promised higher income and more shorter. Looking for a more promising AI share than OKY, but if you trade less than 5 times more than 5 times, review our report Cheap EU reserves.