Occidental Petroleum stock price is ready to gush higher

Key PointsOccidental Petroleum had another solid quarter, beating the analysts' estimates. The company continues to pay down debt, repurchase shares and pay dividends, issuing a 20% distribution increase for 2024. The stock is in deep value territory and may advance 15% to 30% soon. 5 stocks we like better than Occidental PetroleumThe Occidental Petroleum NYSE: OXY investment thesis has been getting more bullish over the last two years, setting the stock up for a substantial rally. Q4 results aside, the mar ...