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.
https://m.primal.net/KQpC.jpg
Occidental Petroleum 🛢️
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.
https://m.primal.net/KQpC.jpg
I was scanning a twitter post about how we need a social media platform that can’t be censored. People were mentioning Nostr in the comments and saying it already exists. That is how it started for me!
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