It's a great day to be an oil company. For Occidental Petroleum (OXY), it's great for a couple reasons. The company's stock has made great inroads over the last few months. That's thanks in large part to soaring oil prices. Occidental recently got some gains from a different source: fresh investment from Warren Buffett. I'm bullish on Occidental Petroleum as I am on most any oil company right now. The last 12 months for Occidental Petroleum were already trending upward. When February hit, that started an upward trek for Occidental that added around 50% to the stock's value in the space of roughly six weeks.
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Occidental Petroleum (NYSE:OXY)
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Occidental Petroleum (NYSE:OXY)
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