Legal SettlementOXY took a $925m charge for remediation settlement for chems clean-up in NJ, expected to be paid out over 10 years, after a negative court decision.
Macroeconomic RisksOXY is exposed to significant macroeconomic risks, as earnings are closely tied to price volatility of oil, NGLs, natural gas, and other chemical products.
Share Price PotentialDespite expected inorganic growth, share price upside potential is limited as OXY remains over-leveraged compared to its peers.