This Top Warren Buffett Stock Is Delivering Impressive Results
Occidental Petroleum (NYSE: OXY) recently reported impressive second-quarter results. The oil company posted robust oil and gas production in the period and expectations-beating earnings in its midstream and marketing segment. It also reported strong earnings and cash flow.
The oil stock's robust results must be music to Warren Buffett's ears. As Occidental's top shareholder, Buffett's company, Berkshire Hathaway, is participating in Occidental's success, which seems likely to continue.
Occidental Petroleum produced an average of nearly 1.3 million barrels of oil equivalent per day (BOE/d) in the second quarter. That exceeded the mid-point of its guidance by 6,000 BOE/d.
Source Fool.com
Occidental Petroleum Corp. Aktie
50,17 €
-2,75 %
Mit 14 Buy-Einschätzungen und nur 1 Sell-Einschätzungen steht die Community der Aktie positiv gegenüber.
Für Occidental Petroleum Corp. sieht die Community ein Kursziel von 69 €, was eine erhebliche Steigerung um über 20% gegenüber dem aktuellen Kurs von 50.17 € bedeutet.
