Occidental Petroleum (OXY) NewsBite - OXY Rises on Higher Oil

Posted: Tuesday, December 02, 2008 10:49 AM EDT
By: Market Intelligence Center Staff





Occidental Petroleum (NYSE: OXY) opened at $48.12. So far today, the stock has hit a low of $46.96 and a high of $48.74. OXY is now trading at $48.28, up $2.39 (5.21%). Over the last 52 weeks the stock has ranged from a low of $39.93 to a high of $100.04. Shares of OXY are rising with other oil stocks today, helped by higher oil futures. Technical indicators for the stock are bullish and S&P gives OXY a positive 4 STARS (out of 5) buy ranking. If you are looking for a hedged play on OXY the stock seems like it could be a candidate for a December out-of-the-money bull-put credit spread below the 40 range. [ABR-Seven Summits Strategic Investments NewsBite]



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More News For Occidental Petroleum (OXY):

Occidental Petroleum (OXY) Trading Near $100.67 Support Level

Tuesday, February 07, 2012... Occidental Petroleum (NYSE:OXY) closed Monday's flat trading session at $104.00. In the past year, the stock has hit a 52-week low of $66.36 and......

http://www.marketintelligencecenter.com/analyfav/1332956

Potential Occidental Petroleum (OXY) Trade Has $96.02 Breakeven

Wednesday, February 01, 2012... Occidental Petroleum (NYSE:OXY) closed Tuesday's wandering trading session at $99.77. In the past year, the stock has hit a 52-week low of $66.36......

http://www.marketintelligencecenter.com/analyfav/1331744

Occidental Petroleum (OXY) Showing Bullish Technicals With 1.80% Dividend Yield

Thursday, January 26, 2012... Occidental Petroleum (NYSE:OXY) closed Wednesday's winning trading session at $103.46. In the past year, the stock has hit a 52-week low of $66.36......

http://www.marketintelligencecenter.com/analyfav/1330480

Occidental Petroleum (OXY) Loses 1.1% as Crude Prices Fall

Friday, January 20, 2012... Occidental Petroleum (NYSE: OXY) fell Friday as the price of crude oil fell back below $100. A May 120/125 Out of The Money Bear-Call Credit......

http://www.marketintelligencecenter.com/newsbites/1329318

Occidental Petroleum (OXY) Showing Bullish Technicals But Could Break Through $102.10 Resistance

Friday, January 20, 2012... Occidental Petroleum Corp (NYSE: OXY) closed Thursday's trading session at $99.86. In the past year, the stock has hit a 52-week low of $66.36 and......

http://www.marketintelligencecenter.com/analyfav/1329205


Hedged Trade Ideas For OXY:

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