3 Things Every Occidental Petroleum Investor Needs To Know

Do you have your eye on oil and natural gas powerhouse Occidental Petroleum (NYSE: OXY) stock? Or, maybe you already own it, and now just want to better understand what makes it tick? Here are the big three narratives shaping this stock's performance.Occidental Petroleum doesn't report an official "all-in cash cost" as some other names in the energy sector do these days. But it is well established as a low-cost leader in the fossil fuel space, typically able to break even when crude oil prices are less than $60 per barrel. Indeed, for some of its fields, its breakeven point is under $50 per barrel, while nearly half of its wells are capable of breaking even when oil prices are under $40 per barrel.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool