Occidental Petroleum 🛢️ $OXY

Price Target: $130

Reasons to be optimistic:

• Increased global energy needs for the foreseeable future

• Conservative debt management

• Leading share of Permian basin reserves

• Leader in nascent carbon capture credit industry

Risks:

• Shift to renewable energy sources

• Competitive pressure from other global producers

• Global volatility

Not financial advice. I may own shares of OXY.