Occidental (OXY) Gains 5.4% in 15 Days: Should You Hold or Fold?

Occidental Petroleum (OXY) shares have gained 5.4% in the last fortnight compared with the industry's rise of 3%. The company operates in a highly competitive industry, which might create challenges in adding new oil and gas reserves and replenishing production volumes. Returns Lower Than the Industry 10.7 10.1 9.5 8.9 8.3 2/24 10/23 11/23 3/24 CIDENTAL PET (OXY Image Source: Zacks Investment Research Estimates Going Down The Zacks Consensus Estimate for Occidental Petroleum's 2024 and 2025 earnings per sha ...