Occidental Petroleum Announces 2nd Quarter 2016 Results
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Deutsche Bank Downgrades Occidental Petroleum (OXY) to Hold
August 5, 2016 7:41 AM EDTDeutsche Bank downgraded Occidental Petroleum (NYSE: OXY) from Buy to Hold. Analyst Ryan Todd sees limited drivers of outperformance.
"We downgrade OXY to HOLD based on the company's limited ability to accelerate oil volume growth in a more moderately priced environment ($40$55/bbl). OXY's... More
