Learn More »Occidental Petroleum (NYSE: ) operates energy and chemical assets primarily in the U.S., the Middle East, and North Africa. Like many of its energy peers, Occidental Petroleum has benefitted from the rise in the price of oil. In addition, Warren Buffett’s Berkshire Hathaway (NYSE: ) (NYSE: ) has been piling into Occidental. What To Expect From Occidental Petroleum StockAmong 23 analysts polled via Investing.com, OXY stock has an "outperform" rating. Examples include:John Hancock Multifactor Energy ETF (NYSE: )(NYSE: ) Invesco Dynamic Energy Exploration & Production ETF (NYSE: )(NYSE: ) First Trust Natural Gas ETF (NYSE: )(NYSE: ) Invesco S&P 500® Equal Weight Energy ETF (NYSE: )(NYSE: ) SPDR S&P® North American Natural Resources ETF (NYSE: )Finally, investors who are slightly bearish on OXY stock as they expect profit-taking could set up a bear put spread.

Source: The North Africa Journal June 16, 2022 12:56 UTC