OXY Stocktwits Sentiment Exploding Due to Buffet News and Premarket Trading

Learn more about the impact that Buffet's Acquisition of $500M OXY shares has had on the OXY Stocktwits and the OXY Twitter Sentiment

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OXY Stocktwits Sentiment Exploding Due to Buffet News and Premarket Trading

Jack Dalton

9:10 AM

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Image credit: Colton Sturgeon

Start analyzing OXY Stocktwits, OXY Twitter, OXY conversations, OXY message boards, and OXY discussions.

Why is Social Sentiment Important? and Where Can You Track it?

As we have seen over the past couple of years, there were a good handful of "Social Sentiment Stocks" like GME and AMC that skyrocketed based almost solely off of social sentiment. As a result of this, many people have started to pay attention to the social sentiment behind stocks.

Out of the several Occidental Petroleum Corporation (OXY) stock discussion available to for investors to share their opinions and discuss their favourite stocks, there are 2 stock discussion forums that influence OXY's social sentiment more than any others. These 2 stock discussion forums include OXY Stocktwits and OXY Twitter.

The Utradea Social Sentiment Dashboard allows you to track real-time trends and insights for Occidental Petroleum Corporation discussions and Occidental Petroleum Corporation conversations.

OXY Stock Sentiment Exploding on Stocktwits

Here are the latest analytics from the OXY Stocktwits forum (over the last 24hrs):

  • 199 Posts (up 323.4% day over day)
  • 314 Likes (up 630.23% day over day)
  • 748.76k Impressions (up 280.52% day over day)

Overall, the social sentiment in the OXY Stocktwits communits has increased exponentially over the past 24 hours and is one of the biggest day over day changes I have seen. The OXY social sentiment is likely up due to the fact that Warren Buffet has increased his holdings in the OXY stock by $500M and now holds over 16% of the company. Furthermore, another talking point about the OXY stock is that they are currently up by 4.24% in the premarkets. Naturally, investors will notice this and start to talk about it (as it is a significant move in OXY).

OXY Twitter Sentiment Up (to a lesser degree)

Here are the latest analytics from the OXY Twitter communiy (over the last 24hrs):

  • 517 Tweets (up 195.43% day over day)
  • 11,802 Likes (up 27.05% day over day)
  • 5.08M Impressions (up 273.87% day over day)

Overall, the OXY Twitter Community has also experienced an increased sentiment, however, the growth in their sentiment is small compared to the large growth evident within the OXY Stocktwits community. The OXY Twitter Sentiment is up for the same reasons as previously mentioned, however, it would have been nice to see the OXY Twitter community have as much growth as the OXY Stocktwits community. This is due to the fact that the OXY Twitter community garners 2.5x the amount of posts and 5x more impressions. The OXY Twitter is able to garner 5x the impressions while only having 2.5x the posting volume due to the fact that there are many large accounts posting about OXY on Twitter.

OXY Twitter Accounts that Influence Social Sentiment

Here is a count of “whale” accounts that are acitve on OXY Twitter (over the past 72 hrs):

  • 83 somewhat large Twitter accounts 10,000+ followers,
  • 15 large Twitter accounts with 100k+ followers
  • 1 very large accounts with 500k+ followers

Overall, these large accounts are able to generate a lot of impressions due to the fact that so many of these account have over 100k+ followers, with the most followed page posting about OXY being "Unusual Whales" with over 652k followers. This post alone is likely to have fetched a number of impressions that is comparable to the whole OXY Stocktwits community over the past day.

Final Thoughts: OXY Forums and Discussion Boards

Overall, investors are very active on the OXY Stocktwits and OXY Twitter Forum. Being able to quickly gain insights into a stocks social sentiment has proven to be beneficial for modern investors. We suggest getting familiar with the Utradea Social Sentiment Dashboard, as it is a quick way to stay up-to date with social sentiment across a wide variety of stocks.

Next Article

XELA's Social Sentiment Mixed on High Pre-Market Trading Volumes

Jack Dalton

5:56 AM

Jul 07 2022 (Thu)

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