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Occidental: Well-positioned for oil's next vault to the stratosphere |
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| Nov 10, 2009 09:30 PM UTC |
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Tracked Blogger
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Via BloggingStocks:
Filed under: Stocks to Buy  I'm Reiterating my Buy rating for Occidental Petroleum (OXY), first recommended on April 27, 2009 at a price of $54.81. If you bought OXY in April, you're up an impressive 52%.Occidental, which focuses on oil and gas exploration and production and has no refineries, is well-positioned to capitalize on oil's likely upcoming surge to triple digits. OXY's oil and gas production should increase about 6 to 7% in 2009, with another solid increase seen in 2010. Continue reading Occidental: Well-positioned for oil's next vault to the stratosphere Occidental: Well-positioned for oil's next vault to the stratosphere originally appeared on BloggingStocks on Tue, 10 Nov 2009 16:30:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments
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