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Time To Buy Occidental Petroleum Stock?

1. OXY stock declined 20% in the last year, underperforming the S&P 500. 2. The company is divesting OxyChem to reduce debt by $6.5 billion. 3. Ongoing challenges include high debt levels and declining oil prices. 4. OXY targets over $1 billion extra free cash flow by 2026. 5. Stability remains risky until leverage and growth show improvement.

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FAQ

Why Bearish?

Declining oil prices and high debt levels significantly hinder OXY’s stock performance.

How important is it?

The article discusses key financial changes and market pressures affecting OXY directly.

Why Short Term?

Immediate challenges due to oil price drops will affect OXY's performance rapidly.

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