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Occidental rockets 24% in two days after reaffirming pro-shareholder plans

Mar. 01, 2022 3:35 PM ETOccidental Petroleum Corporation (OXY)By: Carl Surran, SA News Editor57 Comments

23rd World Petroleum Congress Held In Houston, Texas

Brandon Bell/Getty Images News

Occidental Petroleum (OXY +7.7%) is the best performer among major oil producing stocks for the second straight day, skyrocketing as much as 24% to hit another multiyear high, as oil prices extend their rally above $100/bbl.

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