Occidental Petroleum's returns have followed oil prices in recent years. Its debt reduction strategy has paid off over the longer term. The oil company has several growth catalysts that could fuel its ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min With the West Texas Intermediate ...

Occidental Petroleum Corporation (NYSE: OXY) posted third-quarter 2025 net income of $661 million, or $0.65 per diluted share, with adjusted earnings of $649 million ($0.64/share), as strong upstream ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min As new hotel projects spring up ...

Occidental Petroleum CEO Vicki Hollub expects oil prices to remain steady between $58 and $62 per barrel through 2026, with stronger gains to follow in the longer term. Speaking at the Energy ...

Occidental Petroleum will sell its chemicals arm OxyChem to Warren Buffett's Berkshire Hathaway for $9.7 billion, the company said on Thursday, marking its biggest divestment yet to slash debt after ...

Occidental to use $6.5 billion sale proceeds to cut debt Debt peaked after Anadarko, CrownRock deals Berkshire expands chemical portfolio beyond Lubrizol Sale reflects closer ties between Berkshire, ...

Berkshire Hathaway announced Thursday it would acquire Occidental Petroleum’s petrochemical unit, OxyChem, in a deal valued at $9.7 billion, the largest deal by billionaire Warren Buffett’s firm in ...

While Berkshire Hathaway has more than $300 billion in cash, it may not make sense to tap it for a potential $10 billion purchase of Occidental Petroleum’s chemicals business. Using Berkshire’s ...

Occidental Petroleum is reportedly in talks to divest its petrochemicals division, OxyChem, in a deal that could be worth up to $10 billion and would create one of the largest independent ...

Occidental Petroleum Corporation boosted production 14.8% YoY to 1.395 million BOE/day while keeping absolute operating costs unchanged. Per-barrel domestic lease operating costs fell to $8.55 in Q2 ...

Occidental Petroleum (OXY +3.06%), an S&P 500 stock, was a significant underperformer in 2024 when it lost 17% of its value. Unfortunately for investors in the oil stock, its losing streak has ...