Occidental Petroleum Corp. closed 34.47% below its 52-week high of $71.19, which the company reached on April 12th.
Goldman Sachs downgrades Occidental Petroleum to Sell, citing focus on balance sheet improvements over capital returns.
Berkshire now owns 264 million Occidental shares worth about $12 billion, a 28% stake in the big U.S.-focused energy company.
Fintel reports that on January 31, 2025, Goldman Sachs downgraded their outlook for Occidental Petroleum (NYSE:OXY) from Neutral to Sell. Analyst Price Forecast Suggests 27.76% Upside As of January 28 ...
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