Occidental Petroleum Corp WT (NYSE:OXY.W) Shares Climb 1.3% – Still a Buy?

Occidental Petroleum Corp WT (NYSE:OXY.W – Get Free Report) shares traded up 1.3% during trading on Monday. The stock traded as high as $41.00 and last traded at $40.85. Approximately 63,385 shares were traded during mid-day trading, a decline of 25% from the average session volume of 84,595 shares. The stock had previously closed at $40.34.

Occidental Petroleum Corp WT Trading Down 0.5%

The stock’s fifty day moving average price is $37.57 and its 200-day moving average price is $35.22.

Occidental Petroleum Corp WT Company Profile

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Occidental Petroleum Corp. is an integrated energy company engaged primarily in the exploration, development and production of oil and natural gas. Its operations are concentrated in the United States, including the Permian and DJ basins, with additional international activities in the Middle East and North Africa. The company’s upstream portfolio produces crude oil, natural gas liquids and natural gas.

Through its OxyChem subsidiary, Occidental manufactures and markets basic chemicals, including chlorine, caustic soda and vinyl products used in water treatment, construction, manufacturing and other industrial applications.

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