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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On December 10, the dividend was increased by 21%. OXY has recently received price target increases from multiple analysts. Recent strategic investments will increase production capabilites. Good long term grown potential. The stock is selling at a 25% discount to its 5 year PEG average.