Stock Warrants To Trade On Occidental Petroleum (OXY)

Investors should be aware that on Monday, August 3rd, stock warrants will begin trading on Occidental Petroleum (OXY) under the symbol of OXY.WS on the NYSE. The warrants will have a 7-year life and will be exercisable at a price of $22.00. This is one of the first long-term stock warrants to be issued on a major oil company and will give investors numerous investment opportunities, including: 1.Buying and holding the warrants as a long term investment 2.Trading the warrants for active investors 3.Hedging opportunities – buy the warrants and sell puts on the common shares Based upon the closing share price of OXY on Friday, July 31st, $15.74, the Black Scholes valuation of the anticipated warrants from is $6.68 While the above is not exact, we would anticipate the warrants to begin trading in a range of $6.00 to $7.25 with heavy volume, thus giving investors great liquidity to trade in and out as needed. In a Press Release on June 26th, 2020 Occidental Announces Distribution of Warrants to Purchase Common Stock “HOUSTON – June 26, 2020 – Occidental Petroleum Corporation (NYSE:OXY) today announced that its Board of Directors has declared a distribution to holders of its common stock of warrants to purchase additional shares of common stock. Holders of Occidental common stock will receive 1/8th of a warrant for each share of common stock held as of the record date, and each warrant will entitle the holder to purchase one share of Occidental common stock for a purchase price … Continue reading

Blackbird Energy (TSXV:BBI) – Comments on BNN

Josef Schachter discusses Blackbird Energy Josef Schachter, author of the Schachter Energy Report discusses his outlook for shares of Blackbird Energy. … Continue reading

Three (3) Companies You Need To Know About Now!!!

Hello Investors, Dudley Pierce Baker here. I am the founder and editor of Common Stock Warrants and Junior Mining News, both with a long history of success in the investment community. These are crazy markets……Dow and S&P hitting highs, Bitcoin going parabolic (but for how long) while the resource sector continues to languish in the doldrums. As a contrarian investor it is simple to know what to do, ‘you must be buying the resource sector NOW’. In my weekly audio for my Gold and Lifetime Subscribers, I frequently speak about my top 3 positions, each of which I expect to 10 Baggers, meaning 1,000% PLUS gainers.  Position #1 is in the green space and a recycler of great interest to investors in cobalt, nickel, etc., and selling for only C$0.28 as I write.  My #2 position is a Canadian Oil & Gas company now strategically positioned in Mexico, yes, that is correct. A management and advisory team that will blow your mind and selling for only C$0.29. My #3 position is a gold company which will soon be changing its name and headed by a billionaire and backed by many of the big names in the resource sector. Selling for only C$0.92 and has around C$100 Million cash. I am excited about all 3 of my top personal investments and while I expect each to be a giant winner, if only one of these companies performs to my expectation, I will still be a huge winner and you can too. … Continue reading