Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from Occidental Petroleum Corp

Occidental Petroleum Stock Has Tanked - But It May Hike Its Dividend - Time to Buy?

Occidental Petroleum Corp could hike its dividend in late January or early February. But OXY stock is still well off its highs. Based on its average dividend yield, OXY could be worth over 25% more at $50 per share.

JPMorgan Raises Forecast On This Warren Buffett Favorite Oil Stock

JPMorgan Raises Forecast On This Warren Buffett Favorite Oil Stock

JP Morgan analyst Arun Jayaram raised the price forecast on Occidental Petroleum Corp. (NYSE:OXY) following its third-quarter FY25 earnings beat.

Marjorie Taylor Greene Buys Netflix Stock After Downbeat Q3 Earnings, Expands Big Tech Bet

Marjorie Taylor Greene Buys Netflix Stock After Downbeat Q3 Earnings, Expands Big Tech Bet

Rep. Marjorie Taylor Greene (R-Ga.) purchased Netflix Inc. on Oct.24, just days after the streaming giant's stock tumbled following a disappointing third-quarter earnings report.

From analysis to the latest developments in health,
read the most diverse news in one place.

inkl

Will Buffett Be Stuck With China's Plastic Overcapacity?

Warren Buffett's OxyChem purchase might not just be about polyester or polyvinyl — it might be about picking up exposure to China's chemical overcapacity. Occidental Petroleum Corp (NYSE:OXY) has openly cited increasing competition from Chinese chemical exporters as a key reason to jettison OxyChem.

Soundhound AI, Ionq, Occidental, Ondas Holdings And Tesla: Why These 5 Stocks Are On Investors' Radars Today

The U.S. stock market finished higher on Thursday, as the Dow Jones Industrial Average edged up nearly 0.2% to 46,519.72, the SP 500 added 0.06% to 6,715.35, and the Nasdaq climbed about 0.4% to 22,844.05.These are the top stocks that gained the attention of retail traders and investors through the…

Occidental Analyst Calls Possible OxyChem Sale A 'Big Bang' Move

As corporate giants continue to reassess their portfolios amid economic shifts, strategic divestitures are becoming a common tool for companies looking to streamline operations and optimize financial health. JPMorgan analyst Arun Jayaram weighed in on reports that Occidental Petroleum Corp. (NYSE:OXY) is in discussions to sell its OxyChem division to…

Why Buffett Is Splurging $10 Billion On OxyChem, Which Has Just $5 Billion In Revenue

Warren Buffett's Berkshire Hathaway Inc (NYSE:BRK) (NYSE:BRK) isn't just buying a business — it's buying a cash machine with staying power. The conglomerate is reportedly in advanced talks to acquire Occidental Petroleum Corp's (NYSE:OXY) petrochemical unit, OxyChem, for around $10 billion, despite the company generating roughly $5 billion in annual…

inkl

Read news from The Economist, FT, and more,
with one subscription

Lithium Americas, Nike, Pfizer, CoreWeave And Occidental Petroleum: Why These 5 Stocks Are On Investors' Radars Today

Lithium Americas, Nike, Pfizer, CoreWeave And Occidental Petroleum: Why These 5 Stocks Are On Investors' Radars Today

The U.S. stock market brushed aside worries over a potential government shutdown and advanced on Tuesday. The Dow Jones Industrial Average gained nearly 0.2% to 46,397.89, the SP 500 climbed about 0.4% to 6,688.46, and the Nasdaq rose 0.3% to 22,660.These are the top stocks that gained the attention of…

Buffett's Stealthy Stock Picks: Occidental Petroleum And The Oracle's Quiet Wins

Buffett's Stealthy Stock Picks: Occidental Petroleum And The Oracle's Quiet Wins

Warren Buffett, the Oracle of Omaha, is the master of the sly stock grab, quietly amassing stakes in undervalued companies while the market naps. His recent moves, like boosting Berkshire Hathaway Inc's (NYSE:BRK) (NYSE:BRK) holdings in Occidental Petroleum Corp (NYSE:OXY) and VeriSign Inc (NASDAQ:VRSN), prove he's still got a nose…

Occidental Considers B Sale Of Western Midstream

Occidental Considers B Sale Of Western Midstream

Occidental Petroleum Corp considers selling Western Midstream Partners LP to reduce debt and streamline operations.

Tim Dunn, the powerhouse GOP donor, to sell his West Texas oil company for $12 billion

Tim Dunn has used his wealth to establish a network of organizations that push his ultraconservative views across Texas. The deal comes amid a time of consolidation in the Permian Basin.

The Texas Tribune

Berkshire Hathaway Raises Stake In Occidental Petroleum, Find Out How Much

Berkshire Hathaway Raises Stake In Occidental Petroleum, Find Out How Much

Warren Buffet’s Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) has purchased another 794,389 shares of Occidental Petroleum Corp (NYSE:OXY), at an average price of ~$55.39, according to a Form-4 filing with the U.S. Securities and Exchange Commission. The total purchase amount was ~$44 million for ~794 thousand shares of OXY. Last week the company…

Why Occidental Petroleum Stock Is Rising

Why Occidental Petroleum Stock Is Rising

Occidental Petroleum Corp (NYSE: OXY) shares are trading higher Thursday after Warren Buffett disclosed the purchase of approximately 9.55 million shares at an average price of $55.36.

Occidental's 1PointFive Sells Carbon Removal Credits To Airbus

Occidental's 1PointFive Sells Carbon Removal Credits To Airbus

1PointFive, a subsidiary of Occidental Petroleum Corp's (NYSE:OXY) Oxy Low Carbon Ventures business, entered an agreement for the sale of 400,000 tonnes of carbon removal credits from its planned first Direct Air Capture (DAC) facility using Carbon Engineering's DAC solution to Airbus SE (OTC:EADSY). Deal terms were not disclosed. Airbus pre-purchased the capture and…

Get all your
news in one place.

100's of premium titles.
One news app.

What's Driving The Action In Occidental Petroleum Shares Today?

Occidental Petroleum Corp (NYSE: OXY) is trading higher Thursday after Warren Buffett disclosed the purchase of 18,102,616 OXY shares at an average price of $54.41 per share in a

1

People

Marjorie Taylor Greene

Brandon Rottinghaus

Shivdeep Dhaliwal

From analysis to the latest developments in health,
read the most diverse news in one place.

inkl

Organisations

Republican Party

The Texas Tribune

Amazon.com Inc.

Berkshire Hathaway

Trump Administration

inkl

Read news from The Economist, FT, and more,
with one subscription

Topics

Government Shutdown

Dow Jones Industrial Average

Places

404,410 stories

the Permian Basin

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play