Occidental Petroleum: More Will Follow Evercore

Occidental Petroleum has been upgraded by Evercore, citing improved capital efficiency and successful deleveraging.

Recent optimism is now driven by expectations of sustained higher commodity prices, making bullish theses more secure.

Both Seeking Alpha's quant system and Wall Street analysts currently rate OXY as a buy.

Despite positive ratings, OXY's stock price remains sensitive to oil price movements and geopolitical risks, particularly regarding Iran.

It is best to buy before the institutional crowd and sell before the institutional crowd as well.

Evercore upgraded Occidental Petroleum ( OXY ) common shares on both improved capital efficiency and the successful deleveraging.

Occidental common shares were up at the time of the announcement nearly 4%.