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Analyst Sees Occidental Petroleum (OXY) as Short-Term Value Trap, Long-Term Bargain
Analyst Matt DiLallo believes there are near-term downside risks to oil prices due to factors like the U.S. military's oil movements from the Strait of Hormuz, Persian Gulf countries developing alternative routes, and the U.S. oil deal with Venezuela. However, he expects oil prices to move higher in the longer term. Occidental Petroleum anticipates a $4 billion improvement in annual sustainable cash flow by 2030 compared to 2025's oil price ($65 a barrel).
Source：Yahoo财经 · Source Link
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