Thinking of trading OCCIDENTAL PETROLEUM?
- 1. Lower oil prices have impacted the whole oil industry, but Occidental has been repositioning its business so that it could thrive at low oil prices. 2. Their 10 year low is nearing the end, so it finally is starting to look attractive to potential investors.
Trading CFDs involves significant risk of loss
How would you like to trade OCCIDENTAL PETROLEUM?
- Tight spreads & reliable execution
- 70+ pre-installed indicators
- Custom indicators
- 26 time frames
- Live Sentiment data
- Chart trading
- Advanced Take Profit & Stop Loss
- Depth of Market
Trading CFDs involves significant risk of loss
- Vast selection of strategies to copy
- Efficient risk management
- Can start and stop copying at your will
- Flexible allocation of funds
- Detailed performance reports
- Full transparency & access to historical data
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Trading CFDs involves significant risk of loss
For beginners:
- Great choice of available cBots for various trading strategies and risk tolerance levels
- Simple Plug and Play functionality
For advanced traders:
- Ability to create your own cBot or custom indicator
Trading CFDs involves significant risk of loss
Trade OCCIDENTAL PETROLEUM with Fondex. Our CFD trading platform is engineered to provide you with optimal execution speed while allowing you to access 3 different trading methods on the same interface.
1. That debt will push up the company's leverage ratio from its currently low level of less than 1.0 times its EBITDA to an elevated 2. 4 next year. That much higher leverage could weigh the company's stock down even further if oil prices continue slumping. 2. While the Anadarko deal makes sense on paper, Occidental paid a high price to win the battle for the company. Chevron (NYSE:CVX) initially agreed to pay nearly a 40% premium for Anadarko. However, Occidental then outbid it by offering $5 billion more. As a result, Anadarko had to pay Chevron $1 billion for breaking its deal. That high price is a big hurdle for Occidental to overcome as it attempts to create value from the acquisition.
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