Is Occidental Petroleum Stock a Buy?

Matthew DiLallo, The Motley Fool
·3-min read
Is Occidental Petroleum Stock a Buy?
Is Occidental Petroleum Stock a Buy?

Shares of Occidental Petroleum (NYSE: OXY) have plummeted a stunning 77% this year. The oil stock is currently trading right around its lowest point even though it has made some progress on its debt reduction plan and the oil market has improved a bit. Occidental Petroleum has made significant progress on its plan to improve its financial profile.