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OXY
43.17
- 2.59%
Occidental Petroleum Corporation
Energy

News Sentiment

48m ago
Bullish 65%
Bearish 35%

News Summary

A bullish investment thesis was presented for the company. Its stock closed at $43.31, up 1.38% for the day. The company's carbon capture subsidiary, 1PointFive, announced a significant agreement with Bain & Company for 9,000 metric tons of carbon dioxide removal credits over three years, marking Bain's first purchase of such credits. This highlights the growth of the company's carbon capture business as a potential future revenue stream.
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