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Bullish Case: Backed by Buffett and advancements in carbon capture technology, Occidental has growth potential and strategic acquisitions that reinforce a bullish outlook.


Bearish Case: High leverage from recent acquisitions, a long-term negative price trend, and exposure to volatile oil prices could lead to further downside risk for Occidental.


Potential Outcomes: Occidental may rise on successful carbon initiatives (30%) or fall on debt concerns and oil volatility (70%).


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April 09, 2024


Occidental Petroleum Forecast

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











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