Qsemble Capital Management LP Reduces Stock Position in Occidental Petroleum Corporation $OXY

·15 Aug
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Qsemble Capital Management LP significantly reduced its stake in Occidental Petroleum Corporation by 65.1% in the second quarter, selling 127,456 shares and retaining 68,415 shares valued at approximately $3.3 million. Despite this reduction, institutional investors collectively still own 88.7% of OXY. The company recently reported strong quarterly earnings, exceeding estimates, and analysts maintain a generally constructive "Hold" rating with a $65 price target, while the quarterly dividend has also been increased.

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