Is Occidental Petroleum in Trouble? Warren Buffett Doesn't Think So.
As oil prices go, so goes Occidental Petroleum's (NYSE: OXY) share price. And both are going down.
Oil prices have fallen in large part because of slower demand from China. As a result, Occidental stock is now close to 14% below its high set earlier this year while the overall stock market has risen.
Is Occidental in trouble? Warren Buffett doesn't think so.
Source Fool.com
Occidental Petroleum Corp. Stock
€55.77
-0.180%
We see a rather positive sentiment for Occidental Petroleum Corp. with 15 Buy predictions and 2 Sell predictions.
As a result the target price of 70 € shows a positive potential of 25.52% compared to the current price of 55.77 € for Occidental Petroleum Corp..
