Occidental Petroleum Corp WT (NYSE:OXY.W) Shares Down 1% – Time to Sell?

Occidental Petroleum Corp WT (NYSE:OXY.W)’s share price traded down 1% during mid-day trading on Friday . The stock traded as low as $17.57 and last traded at $17.98. 57,737 shares changed hands during mid-day trading, a decline of 56% from the average session volume of 131,980 shares. The stock had previously closed at $18.16.

Occidental Petroleum Corp WT Stock Performance

The company has a fifty day moving average price of $19.36 and a two-hundred day moving average price of $21.77.

Occidental Petroleum Corp WT Company Profile

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.