- Occidental Petroleum stock trades at $56.15.
- It has surged 17.59% (+8.40) today.
- Here’s a guide on where you can purchase the OXY stock.
Occidental Petroleum stock (OXY) sees its price on a sharp upswing. The stock gained nearly 36.95% within the previous month. The actions emerge as Russia continues its “military operation” in Ukraine. Russia is a leading oil products exporter, and current sanctions against companies and individuals interacting with Russia impacted even oil prices.
Our team created this article for stock investors interested in Occidental Petroleum. Let’s evaluate how you can invest in OXY.
Where to Purchase Occidental Petroleum Stock
- Saxo Markets
Saxo Markets gives you access to more than 40,000 instruments across over ten classes. Moreover, you can invest, hedge, and trade with your one account. Also, the platform boasts low prices at 0.4 pips (currency pairs) and $0.01 per share.
- Trading 212
Trading 212 is a fintech firm based in London, ensuring easy-to-use, ‘smart’ and free apps within the financial space. Moreover, the platform attracted many with its initial zero commission fees on stock trading in Europe and UK. That had many interested investors accessing the stock market. Furthermore, its mobile applications boast more than 14M downloads, making it one of the leading trading apps globally.
About Occidental Petroleum Stock
Occidental Petroleum stock (OXY) is a stock by the Occidental Petroleum Corporation, trading on the New York Stock Exchange with NYSE: OXY ticker. The American-based firm conducts hydrocarbon exploration in Colombia, the Middle East, and the US. It also produces petrochemicals in Chile, Canada, and the United States. Meanwhile, Occidental Petroleum has its headquarters in Houston.
Should You Purchase OXY Stock Today?
Are you interested in investing in a petroleum mining company’s stock? You can opt for OXY Stock. Petroleum products will see increased price amid ongoing crisis as Russia attack Ukraine. However, it is uncertain whether oil prices will continue surging through 2022 even when the geopolitical war ends.
OXY Stock Price Forecast
Experts expect OXY stock price to keep surging, potentially hitting $60 before March-end. That’s due to its sturdy market sentiments.
Stay tuned for more financial news.