Cami on Nostr: Occidental Petroleum 🛢️ Price Target: $130 Reasons to be optimistic: • ...
Occidental Petroleum 🛢️
Price Target: $130
Reasons to be optimistic:
• Increased global energy needs for the foreseeable future
• Conservative debt management
• Leading share of Permian basin reserves
• Leader in nascent carbon capture credit industry
Risks:
• Shift to renewable energy sources
• Competitive pressure from other global producers
• Global volatility
Not financial advice.
Published at
2024-08-28 03:03:37Event JSON
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