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Is Occidental Petroleum a Bargain or a Value Trap Right Now?
The Motley Fool·
Occidental Petroleum trades 10% below its 52-week high. While near-term oil price headwinds (Strait of Hormuz reopening, Venezuelan output increases) present downside risks, the analyst believes OXY is a long-term bargain. Shell's CEO expects oil prices to rise over 5-10 years, and Occidental projects $4 billion in annual sustainable cash flow improvement by 2030, positioning it well for higher future prices.
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