Occidential director buys 5,000 shares
Bobby Raines 03/27/2014
William Klesse, who sits on the board of directors at
Occidental Petroleum (
, bought 5,000 shares of the company's common stock on March 25.
At $94.70 per share, Klesse paid a total of $473,520 for the new
IK-> The technicals for OXY ($94.27 up $0.73) are bullish with a neutral trend. Recent support has been around $92.93 and recent resistance has been near $97.26. Standard & Poor's has a four STARs (out of five) rating on the stock. Look at the May 85/87.50 bull-put spread for a 22-cent credit. That's a 9.6% return and the stock has to fall 7.2% to cause a problem. [InvestorsKeyhole, Various news and data services]