Occidental Petroleum: A 'Foolproof' Strategy Ending In A Complete Fiasco

6/29/20

By Fun Trading, SeekingAlpha

On June 26, 2020, the company published an 8K filing indicating a few critical details about Q2'20.

The net debt stands at $36.5 billion at the end of the Q1'20 from $8.57 billion in Q1'19, in which $11.1 billion matures in 2021-2022.

Trading OXY is a risky endeavor because of the sheer volatility attached to the stock.

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