Occidental Petroleum Corp WT (NYSE:OXY.W) Shares Up 4.5% – Still a Buy?

Occidental Petroleum Corp WT (NYSE:OXY.W) was up 4.5% during mid-day trading on Thursday . The company traded as high as $44.00 and last traded at $40.88. Approximately 147,181 shares were traded during trading, an increase of 0% from the average daily volume of 146,633 shares. The stock had previously closed at $39.12.

Occidental Petroleum Corp WT Stock Up 4.5%

The stock’s 50 day simple moving average is $30.00 and its two-hundred day simple moving average is $23.90.

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.