Occidental Petroleum Corp WT (NYSE:OXY.W) Shares Down 3% – What’s Next?

Shares of Occidental Petroleum Corp WT (NYSE:OXY.W) fell 3% during trading on Wednesday . The company traded as low as $30.96 and last traded at $31.72. 21,056 shares changed hands during mid-day trading, a decline of 83% from the average session volume of 126,724 shares. The stock had previously closed at $32.70.

Occidental Petroleum Corp WT Stock Performance

The business’s 50 day simple moving average is $24.89 and its 200-day simple moving average is $22.53.

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.