OXY Forecast + Trading Strategies


Bullish Case: OXY shows upward trends with Berkshire Hathaway's continuous investment, promising carbon capture initiatives, and positive adjustments in oil market dynamics supporting higher valuations.


Bearish Case: Persistent concerns over Occidental's high leverage, skepticism around the efficacy of carbon capture projects, and potential adverse effects from volatile oil prices pose significant downside risks.


Potential Outcomes:

1. Successful carbon initiatives push OXY up (30%).

2. High debt levels drag stock down (35%).

3. Increased Berkshire investment rallies market confidence (25%).

4. Oil volatility leads to price drop (10%).


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May 14, 2024


Occidental Petroleum Forecast

OXY        Occidental Petroleum
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











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