Occidental Petroleum Corp WT (NYSE:OXY.W) Stock Price Up 2.5% – Time to Buy?

Occidental Petroleum Corp WT (NYSE:OXY.W)’s stock price shot up 2.5% during mid-day trading on Friday . The stock traded as high as $24.50 and last traded at $24.06. 55,212 shares were traded during mid-day trading, a decline of 50% from the average session volume of 109,527 shares. The stock had previously closed at $23.48.

Occidental Petroleum Corp WT Trading Up 2.5%

The stock has a fifty day moving average of $20.85 and a 200 day moving average of $21.58.

Occidental Petroleum Corp WT Company Profile

Occidental Petroleum Corporation WT (NYSE: OXY.W) comprises publicly traded warrants issued by Occidental Petroleum Corporation. These derivative instruments grant holders the right, subject to the terms of the warrant agreement, to purchase shares of Occidental Petroleum’s common stock at a predetermined exercise price during specified exercise windows. The warrants trade separately on the New York Stock Exchange and carry a multi-year term before expiration.

Occidental Petroleum Corporation is a global exploration and production company focused on the acquisition, development and production of oil and natural gas reserves.