Occidental Sees Steady Activity In DJ Basin In Second Half Of 2024
Portfolio Pulse from Benzinga Newsdesk
Occidental Petroleum (OXY) anticipates steady activity in the DJ Basin in the second half of 2024, as discussed in their recent conference call.
August 08, 2024 | 5:40 pm
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Occidental Petroleum (OXY) expects steady activity in the DJ Basin in the second half of 2024, which could indicate stable production and revenue streams.
The announcement of steady activity in the DJ Basin suggests that Occidental Petroleum (OXY) is likely to maintain stable production levels, which could positively impact their revenue streams. This stability is generally favorable for the stock price in the short term.
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