OXY Stock Rebound Begins Following Solid Earnings Beat
Occidental Petroleum’s NYSE: OXY stock price correction hit bottom in April, and the rebound gained momentum in May after a solid earnings beat. Headwinds exist for this and other energy companies, but their leaning into increased production and operational quality is paying off. The Q1 results highlight this company’s efficiency efforts and indicate that gains will be sticky and cash flow will remain robust. Occidental Petroleum TodayOXYOccidental Petroleum34.79▼$64.76 ...