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.