|Day Low/High||1.12 / 1.19|
|52 Wk Low/High||0.85 / 16.36|
The Grave Dancer is buying oil production assets, so we may finally have reached a bottom in the valuation of energy companies.
Pockets of sell-the-news are beginning to appear.
The bullish side dominates, with consumer cyclicals and energy names most prevalent.
The oil and gas company may be gaining NYSE compliance but there's more work to be done.
Occidental Petroleum's 2014 spinoff came at the worst time and the company continues to struggle.
Wall Street has long been eyeing the penny stock, but few expected shares to tank 26.5% Thursday.
With better economic conditions, California Resources and Chemours could more than double.
We believe an independent California Resources will be a long-term winner.