Twitter Tips
Navigation

Entries in April 30 2013 (1)

Monday
Apr302012

NEW: Brian Wilson of Hyperion Capital Research on Seeking Alpha has Buy on Occidental Petroleum (OXY)

SUMMARY: Brian Wilson of investment research firm Hyperion Capital Research ,which specializes in "uncovering stocks with high potential" has a Long Term Buy on Occidental Petroleum (OXY).

TIP TRACKER:  Click here to check the latest Yahoo Finance price.

WHY BUY ?: Mr Wilson believes OXY's results will greatly improve when the price of natural gas rebounds:

I'd expect OXY earnings from natural gas in particular to explode as a result due to the profit-margin differentials. This is where the value potential of the stock comes into play.

...The company's dividend of 2.3% is also more than enough to cover inflation, which makes shares of OXY a solid buy-and-hold stock that should only be sold after a substantial recovery in natural gas.

PRICE TARGET: None

TIME FRAME:    None

SCORECARD:    We will review in 1 year on April 30, 2013, with quarterly updates in the interim.