The Latest Breaking News from OXY

The oil and gas company Occidental Petroleum (OXY) has achieved strong top and bottom-line growth in its most recent quarter. Also, the stock has gained nearly 109% in price year-to-date, driven by the industry tailwinds. Moreover, renowned investor Warren Buffett has bought more OXY shares, raising its stake to 18.7%…

Leading oil and gas company Occidental Petroleum (OXY) reported impressive first-quarter results. Shares of OXY have gained in double digits so far this year, outperforming the broader market, thanks to surging energy prices. Moreover, Warren Buffett has recently added more OXY shares to his portfolio. And this stock is rated…

Warren Buffett’s strategic investment decisions have been a guide for retail inventors for decades. And we think investors should consider buying the dip in these fundamentally solid stocks from his portfolio, Apple (AAPL), Amazon.com (AMZN), and Occidental Petroleum (OXY) now.

EU leaders on Monday imposed harsh restrictions on Russian oil exports, which drove oil prices higher. Meanwhile, easing COVID-19 restrictions in China and less oil and gas from other sources amid the Russia-Ukraine war are keeping prices elevated. Amid this, we think oil and gas stocks that have outpaced the…

While most of the market has been mired in a brutal correction, energy stocks have had a very mild pullback. Investors should consider buying a high-quality energy stock like Ovintiv (OVV), Occidental Petroleum (OXY), and VAALCO Energy (EGY) as the underlying fundamentals keep improving.

Warren Buffett's Berkshire Hathaway Inc (NYSE: BRK-B) has bought another 5.9 million shares of Occidental Petroleum Corporation (NYSE:OXY), boosting its stake in the oil company to ~15.2%. Occidental's share price has doubled this year, benefiting from Berkshire's purchases and rising oil prices, with a further boost from the Ukraine crisis. The purchases made on May 2…

Revered investor Warren Buffett has a roughly 14% stake in Occidental Petroleum (OXY), one of the largest oil producers in the U.S. Buffett has been betting on OXY’s rapid growth and managerial efficiency of late. Furthermore, with a focus on sustainable production to reduce its carbon footprint, Buffett believes that…

Growing concerns over the 40-year high inflation and limited progress related to the Russia-Ukraine peace talks have been driving immense market volatility. So, it could be wise to bet on large-cap stocks Canadian Natural Resources (CNQ), Tenaris (TS), Sasol (SSL), First Quantum (FQVLF), and Occidental Petroleum (OXY) for generating stable…

The stock market has been under pressure since the beginning of the year amid concerns over the Fed’s monetary tightening policies and the war in Ukraine. However, stocks closed near session highs on the first day of April, which is historically the best month for the S&P 500. Despite the…