Gqg Partners Adds $1.0B in Occidental Petroleum Corporation ($OXY)
Key Points
- Wall Street's consensus rating on $OXY is Hold and an average price target of $65.50.
- $OXY last traded around $56.54.
Gqg Partners acquired a new position in Occidental Petroleum Corporation ($OXY), according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,311,639 shares of Occidental Petroleum Corporation. Gqg Partners's holdings in Occidental Petroleum Corporation were worth $1.04 billion as of its most recent filing.
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About Occidental Petroleum Corporation
Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States and internationally. It operates through Oil and Gas and Midstream and Marketing. The Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. This segment also optimizes its transportation and storage capacity and invests in entities. The Midstream and Marketing segment purchases, markets, gathers, processes, transports and stores oil, condensate, NGLs, natural gas, carbon dioxide, and power. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas.
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