Occidental Petroleum Corp WT (NYSE:OXY.W) Stock Price Up 0.3% – Still a Buy?

Occidental Petroleum Corp WT (NYSE:OXY.WGet Free Report)’s share price rose 0.3% during mid-day trading on Monday . The stock traded as high as $38.20 and last traded at $37.69. Approximately 56,318 shares were traded during trading, a decline of 54% from the average daily volume of 122,744 shares. The stock had previously closed at $37.59.

Occidental Petroleum Corp WT Price Performance

The company’s fifty day simple moving average is $35.92 and its 200 day simple moving average is $26.93.

About Occidental Petroleum Corp WT

(Get Free Report)

Occidental Petroleum Corporation WT (NYSE: OXY.W) comprises publicly traded warrants issued by Occidental Petroleum Corporation. These derivative instruments grant holders the right, subject to the terms of the warrant agreement, to purchase shares of Occidental Petroleum’s common stock at a predetermined exercise price during specified exercise windows. The warrants trade separately on the New York Stock Exchange and carry a multi-year term before expiration.

Occidental Petroleum Corporation is a global exploration and production company focused on the acquisition, development and production of oil and natural gas reserves.

Further Reading

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