Should You Buy Occidental Petroleum While It's Below $50?
Shares of Occidental Petroleum (NYSE: OXY) have dipped over the past year. They've fallen from a peak of more than $60 a share to less than $50. That's largely due to a decline in oil prices, which have fallen from over $80 a barrel to their recent level just above $70 per barrel. Here's a look at several reasons why you should buy the oil stock while it's below $50 a barrel.Image source: Getty Images.Continue reading
Shares of Occidental Petroleum (NYSE: OXY) have dipped over the past year. They've fallen from a peak of more than $60 a share to less than $50. That's largely due to a decline in oil prices, which have fallen from over $80 a barrel to their recent level just above $70 per barrel.
Here's a look at several reasons why you should buy the oil stock while it's below $50 a barrel.
Image source: Getty Images.
