Occidental Petroleum: Buy Before Oil Prices Spike Further

  • Occidental Petroleum stands to benefit from rising petroleum prices amid the escalating U.S.-Iran conflict, boosting its earnings and free cash flow potential. The company's aggressive debt repayment strategy is freeing up cash and improving its long term financial flexibility. OXY's U.S.-based energy supplies mitigate geopolitical risk, making it an attractive play as Middle East tensions threaten global oil markets.