
OXY rose 1.12% in this wave but is still undervalued overall. Its main business is oil and gas development, with no major changes in core products. Overseas operations exist but are not very aggressive. Recent oil price fluctuations and interest rate environments have been quite depressing for oil companies. The trading volume exceeded 300 million, but the turnover rate was too low, indicating extremely high share lock-up. Foreign capital has not made any major moves this year, and dividends and buybacks are not aggressive. Longbridge has significant disagreements on OXY—investment styles vary, and community feedback is polarized... Dividends are almost becoming a regular feature.
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