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Occidental Petroleum Corporation

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OXY trade ideas

Occidental Petroleum - Warren Buffett's Strong EndorsementWhy Buying Occidental Petroleum (OXY) is a Good Investment Warren Buffett's Strong Endorsement Berkshire Hathaway, led by Warren Buffett, has been consistently increasing its stake in OXY, holding over 25% of the company. Buffett's long-term approach and confidence in OXY suggest strong fundamentals and future growth potential. Solid Financial Performance OXY has a P/E ratio of 20.95 and a profit margin of 19%, showing strong profitability in the energy sector. Its ROE of 15% indicates effective management of shareholder equity. Strong Free Cash Flow (FCF) The company generates around $1 billion in free cash flow, which enables it to reduce debt, buy back shares, and pay dividends—key factors Buffett looks for in an investment. Favorable Industry Trends With growing global energy demand and OXY's focus on low-cost production, the company is well-positioned to benefit from higher oil prices and long-term energy market stability. Debt Reduction & Financial Strength OXY has significantly reduced its debt-to-equity ratio (0.85), strengthening its balance sheet after the Anadarko acquisition. Buffett prefers companies that prioritize financial discipline. Carbon Capture & Future Growth Potential OXY is a leader in carbon capture technology, positioning itself for long-term sustainability as the world moves toward cleaner energy solutions. This gives it a competitive edge in the evolving energy market. Buffett's Potential Full Acquisition With Berkshire Hathaway increasing its stake and securing regulatory approval to buy up to 50% of OXY, there is speculation that Buffett may eventually acquire the entire company. This could drive further price appreciation for OXY shares. Conclusion Buffett's heavy investment in OXY, combined with strong financials, solid cash flow, and promising energy market trends, makes the company an attractive value play for long-term investors.
NYSE:OXYLong
by ForexCompany
OXY (Occidental Petroleum Corporation) – 30-Min Long Trade Setup🚀 🔹 Asset: OXY – NYSE 🔹 Timeframe: 30-Min Chart 🔹 Setup Type: Bullish Breakout (Ascending Triangle Pattern) 📊 Trade Plan (Long Position) ✅ Entry Zone: Above $47.50 (Breakout Confirmation) ✅ Stop-Loss (SL): Below $46.53 (Key Support Level) 🎯 Take Profit Targets: 📌 TP1: $47.92 (Previous Resistance Level) 📌 TP2: $48.93 (Extended Bullish Move) 📊 Risk-Reward Ratio Calculation 📉 Risk (SL Distance): $47.50 - $46.53 = $0.97 risk per share 📈 Reward to TP1: $47.92 - $47.50 = $0.42 (1:0.43 R/R) 📈 Reward to TP2: $48.93 - $47.50 = $1.43 (1:1.47 R/R) ✅ Favorable Risk-Reward Ratio toward TP2 🔍 Technical Analysis & Strategy 📌 Ascending Triangle Breakout: Price is breaking above the resistance line, confirming bullish momentum. 📌 Support at $46.53: The lower trendline acts as a safety net, keeping the uptrend valid. 📌 Volume Confirmation Needed: Look for above-average buying volume above $47.50 to validate the breakout. 📌 Resistance at $47.92: A move above this will strengthen the bullish case. 📉 Trade Execution & Risk Management 📊 Volume Confirmation: Ensure strong buying volume above $47.50 before entering. 📉 Trailing Stop Strategy: Move SL to break-even ($47.50) after hitting TP1 ($47.92). 💰 Partial Profit Booking Strategy: ✔ Take 50% profits at TP1 ($47.92), let the rest run toward $48.93 (TP2). ✔ Adjust Stop-Loss to Break-even ($47.50) after TP1 is reached. ⚠️ Risks & Considerations ❌ Fake Breakout Risk: If the price fails to hold above $47.50, exit early. ❌ Confirmation Required: Wait for a 30-min candle close above $47.50 before entering. 🚀 Final Thoughts ✔ Bullish Setup – Strong upside potential. ✔ Momentum Shift Possible – Watch for volume confirmation. ✔ Favorable Risk-Reward Ratio – 1:1.47 toward TP2. 💡 Stick to the plan, manage risk, and trade smart! 🚀📈 🔗 #OXY #NYSE #LongTrade #TradingView #ProfittoPath 💰📊
NYSE:OXYLong
by ProfittoPath
OXY – 30-Min Short Trade Setup!📌 📉🚀 🔹 Asset: Occidental Petroleum Corporation (NYSE: OXY) 🔹 Timeframe: 30-Min Chart 🔹 Setup Type: Bearish Reversal Trade 📌 Trade Plan (Short Position) ✅ Entry Zone: Below 47.28 (Breakdown Confirmation) ✅ Stop-Loss (SL): Above 48.37 (Invalidation Level) 🎯 Take Profit Targets: 📌 TP1: 46.11 (First Support Level) 📌 TP2: 44.80 (Extended Bearish Move) 📊 Risk-Reward Ratio Calculation 📉 Risk (SL Distance): 48.37 - 47.28 = 1.09 risk per unit 📈 Reward to TP1: 47.28 - 46.11 = 1.17 (1:1.07 R/R) 📈 Reward to TP2: 47.28 - 44.80 = 2.48 (1:2.27 R/R) 🔍 Technical Analysis & Strategy 📌 Bearish Rejection at Resistance: Price is struggling at 47.28, indicating potential downside. 📌 Rising Wedge Breakdown: The pattern suggests further bearish momentum. 📌 Volume Confirmation Needed: Increasing selling pressure below 47.28 confirms the move. 📌 Momentum Shift Expected: If price stays below 47.28, it could drop toward 46.11, then 44.80. 📊 Key Resistance & Support Levels 🔴 48.37 – Stop-Loss / Resistance Level 🟡 47.28 – Breakdown Level / Short Entry ⚪ 46.11 – First Target / TP1 🟢 44.80 – Final Target / TP2 📉 Trade Execution & Risk Management 📊 Volume Confirmation: Ensure strong selling pressure below 47.28 before entering. 📉 Trailing Stop Strategy: Move SL to entry (47.28) after TP1 (46.11) is hit. 💰 Partial Profit Booking Strategy: ✔ Take 50% profits at 46.11, let the rest run toward 44.80. ✔ Adjust Stop-Loss to Break-even (47.28) after TP1 is hit. ⚠️ Fake Breakdown Risk ❌ If price moves back above 47.28, exit early to minimize losses. ❌ Wait for a strong bearish candle close before entering aggressively. 🚀 Final Thoughts ✔ Bearish Setup – Resistance rejection signals downside potential. ✔ Momentum Shift Possible – Watch for volume confirmation. ✔ Risk-Reward Ratio – Favorable 1:2.27 R/R to TP2. 💡 Stick to the plan, manage risk, and trade smart! 📉🔥 🔗 Hashtags for Reach & Engagement: #OXY 📉 #NYSE 📊 #StockTrading 📉 #TradingNews 📰 #MarketUpdate 🔥 #Investing 💰 #ShortTrade 📉 #Finance 📈 #ProfittoPath 🏆 #SwingTrading 🔄 #DayTrading ⚡ #TechnicalAnalysis 📉 #StockSignals 📊 #FinancialFreedom 💡 #MarketTrends 📊 #StockAlerts 🔔 #TradeSmart 🤓 #Bearish 📉 #RiskManagement ⚠️ #TradingCommunity 🤝 #SmartTrading 💰 #MarketAnalysis 📊 #TrendBreakdown 🚀
NYSE:OXYShort
by ProfittoPath
WARREN BUFFETT is missing my Chart Analysis - OXY TO $29 Hello Traders, I am back, because Warren Buffett is making a Huge Mistake! If he was looking at my chart analysis, he would not making this mistakes. I am sure he is the top fundamental analysis, but I am also sure, he does not know about technical analysis. If he had known about technical analysis, he would not have allowed Berkshire Hathaway to buy 763,000 shares of OXY for an average price of $46.82, in February 2025. In late December, Berkshire purchased 8.9 million Occidental shares during a broad market pullback. Occidental remains Berkshire’s sixth-largest equity holding. Warren Buffett is undoubtedly a master of fundamental analysis, but his recent decision to buy more Occidental Petroleum (OXY) after a 30% sell-off from its record high suggests he may be missing the bigger picture when it comes to technical analysis. While Buffett has always emphasized intrinsic value and long-term potential over short-term price movements, ignoring technical indicators can be costly—especially in the case of a highly cyclical stock like Occidental. The steep decline in OXY's price is not just a random fluctuation; it reflects broader market sentiment, momentum shifts, and key support levels that Buffett appears to be disregarding. One of the major issues with Buffett’s approach is that he tends to view price declines purely as opportunities to buy undervalued stocks without considering whether the stock is in a downtrend with further room to fall. Occidental’s 30% drop from its peak could indicate the start of a deeper correction or even a long-term shift in investor sentiment toward oil stocks. Technical analysts would look at moving averages, relative strength index (RSI), and volume trends to determine whether the stock is showing signs of bottoming or if further downside is likely. Buffett, however, does not appear to incorporate these tools, potentially exposing Berkshire Hathaway to further losses. Another critical aspect of technical analysis that Buffett seems to overlook is support and resistance levels. If Occidental broke the current level of support of $45, it could suggest that institutional investors are exiting the stock, meaning that further declines are possible before a true bottom is found. Rather than blindly averaging down, a trader versed in charts would wait for confirmation of a reversal, such as a double bottom or a bullish divergence in momentum indicators. Buffett’s reliance solely on fundamentals ignores these crucial signals, making his timing questionable at best. Additionally, market psychology plays a significant role in stock movements, and Occidental’s sharp sell-off could be signaling broader concerns about the energy sector. Even if the company’s fundamentals remain strong, investor sentiment can drive the stock much lower before any recovery takes place. Buffett’s historical strategy of buying quality stocks and holding them for decades works well in certain cases, but oil stocks are notoriously volatile and highly correlated with macroeconomic factors like interest rates, geopolitical events, and commodity cycles. By ignoring these elements, Buffett may be underestimating the risk of catching a falling knife. Ultimately, while Buffett’s deep understanding of business fundamentals is undeniable, his reluctance to embrace technical analysis could lead to costly missteps—especially in a stock like Occidental, which is heavily influenced by momentum, sentiment, and cyclical trends. His recent purchases may look brilliant years down the line if OXY eventually recovers, but in the short to medium term, he may have simply stepped into a stock that still has further to fall. By incorporating chart analysis, Buffett could refine his timing and avoid unnecessary drawdowns, but his firm stance against technical indicators may mean he continues missing key signals in volatile stocks like Occidental. Follow me and let's show who is the BOSS. Sell OXY NOW WARREN BUFFETT, if you can hear me. For my followers stay out if you do not understand, this is a crazy world. Not allowed for Kids. ECT
NYSE:OXYShort
by EDWARDCASHTRADER
1
$OXY HigherI believe earnings will be better than expected and that we will have our catalyst for wave 3 to be completed. I will update further. Some Examples on why I am BULLISH. Exposure to Energy Markets Occidental Petroleum is among the larger U.S. oil and gas companies. If you believe energy prices—particularly oil—will remain strong or rise, OXY might benefit from higher revenues and earnings. Warren Buffett’s Stake In recent years, Berkshire Hathaway has built and expanded a sizable position in OXY. Some investors view Buffett’s involvement as a sign of confidence in the company’s management or in the broader energy sector. However, following any major investor without understanding why they invested carries its own risks. Debt Reduction Efforts OXY took on significant debt during its acquisition of Anadarko Petroleum in 2019. Since then, the company has been working on deleveraging (paying down debt), which can bolster its balance sheet over time. Progress on debt reduction may improve its financial stability, although the speed and success of these efforts can fluctuate with oil prices and overall market conditions. Dividend Potential and Shareholder Returns Occidental has a history of paying dividends, though it cut its dividend at times due to market conditions. If oil prices stay relatively strong, the company may have the means to sustain or potentially grow its dividend—or use excess cash for share buybacks, which can also boost shareholder value. Volatility and Sector Risks Despite potential upsides, the energy sector is historically volatile. Fluctuations in commodity prices, shifts in global supply and demand, and geopolitical events can all significantly impact OXY’s earnings and stock price. Additionally, companies in fossil fuels face longer-term uncertainties related to climate policies and the transition to renewable energy sources.
NYSE:OXYLong
by BigeMarket
OXY: Bullish Breakout PotentialA break above the 50.80 level could confirm the stock is ready to clear its descending channel and shift momentum in favor of the bulls. This price has acted as a pivotal zone in recent sessions, and a decisive close above it would suggest the downtrend may be reversing. A surge in volume above 50.80 would further strengthen the long setup, potentially targeting the high 50s or low 60s if buyers follow through. The RSI on this 2W chart is hovering near the middle (accumulation) range. It’s neither showing an extreme overbought nor deeply oversold condition. That gives price room to run in either direction. Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Trading and investing involve risk, and independent research or consultation with a professional is recommended before making any financial decisions.
NYSE:OXY
by MysticMads
Long OXYAs growth starts to keep a bearish trend, I expect this breakout to continue on Oxy. I have been layering into call spreads for about a month since the local lows. Lots of room to run on the weekly stochastic RSI rising from low volatility. This stall candle we just printed is bullish and I expect continuation next week since we strongly confirmed this break out. Oxy is a great hedge to the current market right now if you long it. My plan: March 60-62.5 Call spreads (already in the position)
NYSE:OXYLong
by Apollo_21mil
2
OXY: Questionable Financials and Bearish Chart PatternOXY has o.k. financials but not great: PE: 12.65 Current ratio: 1.00x (below 1.20x is bad) Quick ratio: 0.76x (below 1.00x is bad) The EBITDA margin is really strong at 52% and consistently strong over the years. However, its free cash flow varies between significantly negative and positive. $28 billion in debt $2 billion in cash (low compared to the debt level) 1.82% dividend yield (not very attractive for a company that's been around since 1920 and in this industry) $5 billion free cash flow The company isn't accumulating cash - it's going to debt service and capital expenditures primarily. The chart pattern doesn't look to have any upside. There's a down-trend since 2011. There's also a down trend since April 2024. An up-trend since a low of $9 has been broken. Price is currently $48. I'd personally be a buyer at $9. This is not investment advice.
NYSE:OXYShort
by awoodTC
OXY another swingOXY is one of my most profitable tickers over time. Looking at crude makes me more bullish as growth stocks overheat. I note a rising average volume and a bottoming BBWP volatility indicator. Stochastic RSI is rising alongside falling price trend, this is bullish divergence. The weekly stochastic broke that resistance, and we are printing and inside week candle here with very small wicks, I believe we are about to pivot. My plan is to swing this into the supply box noted above, I also wouldn't hesitate to take profits at that long term fib. My plan: I have started adding Feb 2025 62.5$ calls and will layer in some 60$ calls for a spread, I will keep the position under 1,000$, I tend to have a higher win rate than lose rate with OXY so I am comfortable with this setup.
NYSE:OXYLong
by Apollo_21mil