Occidental Petroleum Corporation (OXY) is the focus of a bullish thesis on DinoInvestor’s YouTube channel. OXY’s share price was $43.31 on January 13th, with trailing and forward P/E ratios of 31.41 and 21.51 respectively. The company recently announced the sale of its OxyCam division for $9.7 billion, resulting in $8 billion after taxes to be used for debt repayment and cash reserves. Oxy is preparing for CO2 injection tests at its Stratos facility in Q1 2026, aiming to enhance oil recovery and reduce costs. With a focus on balance sheet strength and operational efficiency, OXY looks poised for sustainable growth and shareholder returns.
Read more at Yahoo Finance: Occidental Petroleum Corporation (OXY): A Bull Case Theory
