Cryptocurrency Q&A
Is Oxy an investment grade?
Is Oxy an investment grade?
Sofia
Tue Nov 19 2024
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6 answers
965
I'm considering investing in Oxy but I'm not sure if it's an investment grade. I want to know if Oxy meets the criteria for being considered as an investment grade before making any decision.
6 answers
AzurePulseStar
Thu Nov 21 2024
Assessing OXY's gross debt target to determine its suitability for achieving investment grade status is crucial.
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MysticGalaxy
Thu Nov 21 2024
Our analysis reveals that the current gross debt target of $15 billion set by OXY is inadequate.
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KabukiPassion
Thu Nov 21 2024
Based on our assumptions, maintaining a healthy financial ratio such as funds from operations to debt (FFO to debt) above 45% is vital for investment grade status.
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Martina
Thu Nov 21 2024
Unfortunately, OXY's $15 billion gross debt target falls short of achieving this benchmark under our midcycle price assumptions.
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HanbokGlamour
Wed Nov 20 2024
This indicates that the company's debt levels are too high relative to its earnings potential, posing a risk to its credit rating.
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