https://www.nasdaq.com/articles/oxy-stock-crowded-sellers
8 replies (most recent on top)
I would prefer the rest of the world catch up with the US. I think they just might do so.
Dah!!!!! But the world has moved beyond eliminated greenhouse gases just to produce more. The US has to get in step with the rest of the world. If they don’t Europe will bypass us. This guy Trump will hammer the US. Look what he has done in the first 40 days. It is an disgrace to be an American now.
Point of carbon capture is using the CO2 for EOR. Can't purchase enough CO2 (or too expensive) for existing needs. Sequestering doesn't aid in more oil production, but CO2 injection does. The tech can be applied to both use cases. Customers pay for whatever they want (sequester / carbon offset oil / used internally for EOR). Sounds value add to me.
Oxys chemicals business is good but it might need to be packaged with carbon capture to dump carbon capture.
An activist will force Oxy to sell the carbon capture and chemicals. Spent nearly 50 billion dollars to be the big dog in the Permian. Maybe that's where you should focus. I'm all for an intervention!
management scr--ed up the stock on purpose to keep thier jobs. need another acitivist investor visit.
The entire energy sector is down... slowing economy and OPEC committed to raising production April 1, 2025. It's not just OXY.
Why would anyone buy Oxy. It pays a lower dividend than CVX and COP. All oil companies are down now so you might as well buy a higher dividend stock with more growth potential. They really sc--wed this stock up through purchases of APC and CR. Perhaps never to recover again.