Warren Buffett has officially retired from the CEO role at Berkshire Hathaway. Despite no longer overseeing day-to-day operations, Buffett positioned his company's investment portfolio for long-term success before his retirement.
These yields look risky at first glance. However, the market is missing important details. These are rare setups that could deliver income and upside at the same time.
OXY trades above its 50-day SMA as debt reduction, Permian strength and global assets drive momentum, despite earnings headwinds.
Berkshire Hathaway already owns a huge stake in a top oil and gas outfit. It could easily buy more of it.
Occidental Petroleum (OXY) reached $41.23 at the closing of the latest trading day, reflecting a -2.71% change compared to its last close.
HOUSTON, Jan. 05, 2026 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) will announce its fourth quarter 2025 financial results after close of market on Wednesday, February 18, 2026, and will hold a conference call to discuss the results on Thursday, February 19, 2026, at 1 p.m. Eastern/12 p.m. Central.
HOUSTON, Jan. 02, 2026 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) announced today it has completed the sale of its chemical business, OxyChem, to Berkshire Hathaway (NYSE: BRK.A, BRK.B) for $9.7 billion in cash, subject to customary purchase price adjustments.
Ascent Group LLC lifted its stake in shares of Occidental Petroleum Corporation (NYSE: OXY) by 492.2% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 31,729 shares of the oil and gas producer's stock after buying an additional 26,371 shares during the quarter.
Ahead of Warren Buffett's exit as Berkshire Hathaway CEO, market expert Jay Woods shares his memories of the legendary investor with Benzinga.
Softer crude prices, slowing production growth and mounting renewable demand are making the prospects for the Zacks Oil & Gas US Integrated industry gloomy. ConocoPhillips (COP), Occidental (OXY) and National Fuel (NFG) are well-positioned to survive the challenges.
A global oil glut is sending oil prices lower, and oil stocks with them.
Zacks.com users have recently been watching Occidental (OXY) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Texas Permanent School Fund Corp reduced its holdings in shares of Occidental Petroleum Corporation (NYSE: OXY) by 31.4% in the undefined quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 49,862 shares of the oil and gas producer's stock after selling 22,843
Assenagon Asset Management S.A. lessened its holdings in shares of Occidental Petroleum Corporation (NYSE: OXY) by 43.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 120,538 shares of the oil and gas producer's stock after selling 93,564 shares
Occidental Petroleum doesn't have a visible strategy for growing shareholder value. ConocoPhillips has a clear plan to grow its cash flow through 2029.
Occidental Petroleum is positioned for substantial returns, supported by a recent $9.7 billion OxyChem divestiture involving Berkshire Hathaway. The OxyChem sale enhances OXY's capital flexibility and strategic focus, potentially improving shareholder returns. Berkshire Hathaway's significant ownership and involvement underscore confidence in OXY's execution and long-term value proposition.
Occidental Petroleum's returns have followed oil prices in recent years. Its debt reduction strategy has paid off over the longer term.
Occidental Petroleum is reiterated as a Strong Buy thanks to strategic debt reductions, cost efficiencies, and a transformative OxyChem divestiture. OXY expects to use $6.5B from the OxyChem sale for accelerated debt repayment, targeting
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Occidental (OXY) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.