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$43.90 -4.10 (-8.54%)
10/10/2008 4:01 PM

Occidental Petroleum Corp (OXY)

CAPS Rating:
****

Principal businesses consist of two industry segments. The oil and gas segment explores for, develops, produces and markets crude oil and natural gas. The chemical segment manufactures and markets basic chemicals, vinyls and performance chemicals.

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Avatar jrb2800 (43.63) Submitted: 6/03/08 12:37 PM : Outperform Start Price: $91.95 OXY Score: -15.82

OXY is a best in class oil/gas company which, while being up about 15% since the start of the year, hasn't had the explosive run that some of its competitors have. As long as oil is above $100, OXY is a cash cow that will continue to blot out the conservative estimates and increase free cash flow every quarter. This is a great entry point as its currently sitting right on the trend line in place since mid-March and there is good support around $90 - long July $95 Call options.

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