Goldman Sachs (NYSE:GS) says Occidental Petroleum's (NYSE:OXY) exposure to California shale could be worth from $15 to $20 a share for the company; possibly a lot more.
They changed their EPS estimates for 2011-2015 from $9.00/$12.20/$10.70/$12.70/$15.35 to $8.90/$12.35/$10.75/$12.95/$15.65.
Goldman continues to have Occidental Petroleum OXY) on their "Conviction Buy" list. OXY closed Thursday at $96.97, up $0.03, or 0.03 percent. Goldman has a price target of $111 on OXY.
No comments:
Post a Comment