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).
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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.