News
OXY
64.39
-0.42%
-0.27
Occidental Petroleum (NYSE:OXY) Considers Selling $1B in Assets
TipRanks · 8h ago
Energy Sector Update for 05/03/2024: OXY, PPL, XOM, SHEL
NASDAQ · 9h ago
Occidental explores sale of Permian assets worth more than $1B - Reuters
Energy Occidental explores sale of Permian assets worth more than $1B - Reuters. Occidental's divestment effort reportedly linked to a broader plan to reduce debt. The assets cover 27.5K net acres and produce 24.4K boe/day.
Seeking Alpha · 12h ago
Don't Let the FTC Drama Distract You. Exxon Mobil Just Got a Huge Win.
Exxon's $65 billion acquisition of Pioneer Natural Resources is the biggest oil deal in decades. The FTC barred a former Pioneer CEO from joining Exxon's board as a condition of the deal. But the FTC didn't impose any operational conditions on Exxon's acquisition. The acquisition gives Exxon dominant position in the Permian Basin of Texas and New Mexico.
Barron‘s · 14h ago
Transocean Breaks $500k Dayrates, But Several Issues Linger
Seeking Alpha · 1d ago
ConocoPhillips (COP) Beats Q1 Earnings Estimates
NASDAQ · 1d ago
Occidental Petroleum declares $0.22 dividend
Seeking Alpha · 2d ago
I Am Swimming In Dividends
Dividends offer unparalleled income predictability and reliability. Athene Preferreds offer up to 9.8% yields for a wealthy retirement. Strong economic conditions have resulted in records in annuity sales. The company offers a way to power your retirement without the daily drama of financial markets.
Seeking Alpha · 3d ago
3 Reasons to Buy Occidental Petroleum (and Warren Buffett Isn't 1 of Them)
Occidental Petroleum has several notable catalysts that could drive its stock price higher. Warren Buffett owns 28% of Occidental's shares. The company agreed to buy CrownRock in December for $12 billion in cash and stock. Occidental is also investing heavily in building a lower-carbon energy platform.
The Motley Fool · 3d ago
Exxon Makes a Long-Shot Bet on Climate Tech. Sizing Up the Costs.
Exxon Mobil is developing a way to pull carbon dioxide out of the air. The company says the technology could help solve climate change. The direct air capture unit works like a hair dryer to capture carbon dioxide emissions. The technology is expensive to run, but Exxon says it's trying to cut the cost in half.
Barron‘s · 3d ago
Occidental Petroleum Stock: Fairly Valued After A Great Run Higher
Occidental Petroleum Corporation has diverse operations, including oil and gas exploration, chemical production, and investments in low carbon operations. The company's shares are starting to look fairly valued, so a neutral stance may be prudent at this point. Cash flow analysis shows robust results, but shares seem to have limited upside from here.
Seeking Alpha · 4d ago
Prediction: This Will Be Warren Buffett's Second Biggest Holding After Apple by 2027
Warren Buffett's Berkshire Hathaway owns 41.2% of Apple. The tech giant is the largest position in his company's portfolio. I predict another stock will be Buffett's second largest holding after Apple by 2027. The ingredients could be in place for Occidental Petroleum to replace Bank of America as Berkshire's second biggest holding.
The Motley Fool · 4d ago
Weekly Report: what happened at OXY last week (0422-0426)?
Weekly Report · 4d ago
Meet the 8 Phenomenal Stocks Warren Buffett Plans to Hold Forever
Warren Buffett's company, Berkshire Hathaway, has a $373 billion portfolio. Coca-Cola is the longest continuous holding of the Oracle of Omaha's company. American Express is one of eight companies Buffett says he plans to hold on to "indefinitely" in his annual letter to shareholders.
The Motley Fool · 4d ago
If You'd Invested $250 in Occidental Petroleum 4 Years Ago, Here's How Much You'd Have Today
Occidental Petroleum stock has returned 0% in the last six years. The company's future is tied to oil prices. Occidental is in the midst of a major acquisition. The oil company is expected to remain profitable as long as crude prices remain above $80 per barrel.
The Motley Fool · 5d ago
More Than a Quarter of Billionaire Carl Icahn's Portfolio Is In These 3 Energy Stocks
Legendary investor Carl Icahn is betting big on several oil and gas stocks. CVR Energy is one of three energy stocks that make up more than one quarter of his portfolio. The company is a petroleum refiner, and Icahn likes its strategically located assets. The other two energy stocks in Icahn's portfolio are Occidental Petroleum and Southwest Gas.
The Motley Fool · 6d ago
US Homeland Security names AI safety, security advisory board
US Homeland Security AI safety, security advisory board will advise the government on the role of artificial intelligence on critical infrastructure. The board includes the CEOs of OpenAI, Microsoft, Google parent Alphabet and Nvidia. Board will develop recommendations for the transportation sector, pipeline and power grid operators. The U.S. Homeland Security Department announced the board on Friday.
Reuters · 04/26 19:13
WRAPUP 2-Earnings for Big Oil backpedal as natgas prices tumble
U.S. And European oil companies report weaker first quarter results due to a sharp drop in gas prices. In the U.S., Exxon Mobil missed Wall Street earnings targets on fuel derivatives and Chevron beat. French oil major TotalEnergies slightly beat analysts forecasts. European gas prices declined by 35% compared to a year ago.
Reuters · 04/26 18:27
June 7th Options Now Available For Occidental Petroleum Corp (OXY)
NASDAQ · 04/26 15:20
We Think Shareholders Will Probably Be Generous With Occidental Petroleum Corporation's (NYSE:OXY) CEO Compensation
Occidental Petroleum Corporation's CEO compensation is comparable to the industry average. CEO Vicki Hollub is paid around the median for CEOs in the oil and gas industry. Occidental Petroleum's EPS grew by 85% over the past three years. The company will hold its Annual General Meeting on 2nd of May. The CEO compensation of US$18m is not extravagant for a company of the same size.
Simply Wall St · 04/26 10:09
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About OXY
Occidental Petroleum Corporation is an international energy company with assets primarily in the United States, the Middle East, and North Africa. The Company is an oil and gas producer in the United States, including a producer in the Permian and DJ basins, and the offshore Gulf of Mexico. It operates through three segments: oil and gas, chemical and midstream and marketing. The oil and gas segment explores for, develops, and produces oil (which includes condensate), natural gas liquids (NGL) and natural gas. The chemical segment primarily manufactures and markets basic chemicals and vinyls. The midstream and marketing segment purchases, markets, gathers, processes, transports, and stores oil (which includes condensate), NGL, natural gas, carbon dioxide (CO2) and power. The midstream and marketing segment provides flow assurance and maximizes the value of its oil and gas. It also optimizes its transportation and storage capacity and invests in entities that conduct similar activities.