Occidental Petroleum (OXY) is today’s FOMO stock. Tom White joins Alex Coffey to discuss OXY. They talk about how rising crude oil prices have really helped company’s like OXY. They also go over how OXY is up 83% since the start of 2022 and how they’ve reduced debt across the board. They also compare OXY to Exxon Mobil (XOM) and Chevron (CVX), and discuss how geopolitical tensions will affect OXY and crude oil prices. They then demonstrate an example trade using OXY. Tune in to find out more.
26 Apr 2022