What is Occidental’s (OXY) Economic Moat, and is it Widening or Narrowing?

Occidental Petroleum Corporation (NYSE:OXY) was trading at around $58.50 on October 5, up 1.62% on the day and 27.93% over twelve months. An oil producer sells a commodity at a price set elsewhere. On the usual definition that leaves no room for a moat at all. What Occidental has instead is a cost position, and […]