What Is the Dividend Payout for Occidental Petroleum?
Occidental Petroleum has assets in both the upstream and midstream links of the energy value chain. The company generates strong free cash flow from which it can source its dividend payments.
Occidental Petroleum Is Making Sure It Doesn't Repeat Its Past Mistakes
Occidental Petroleum has agreed to sell some assets. The company will use the proceeds to repay debt ahead of its CrownRock acquisition.
Occidental Announces Progress on Divestiture and Debt Reduction Program
HOUSTON, July 29, 2024 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced it has agreed to sell certain Delaware Basin assets in Texas and New Mexico to Permian Resources (NYSE: PR) for app...
Occidental Announces Expiration of Hart-Scott-Rodino Waiting Period for its Acquisition of CrownRock
HOUSTON, July 18, 2024 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced that the waiting period for its acquisition of CrownRock, L.P. (CrownRock, and such transaction, the CrownRock acqu...
Prediction: This Will Be Occidental Petroleum's Next Big Move
Occidental agreed to acquire CrownRock last year. The debt-funded deal will require the company to sell assets to strengthen its balance sheet.
Occidental to Announce Second Quarter Results Wednesday, August 7, 2024; Hold Conference Call Thursday, August 8, 2024
HOUSTON, July 02, 2024 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) will announce its second quarter 2024 financial results after close of market on Wednesday, August 7, 2024, and will hold a confere...
Buffett Back at the Buy Window, Plus Insider Buying at a Refiner, Biotechs, and More
24/7 Insights Warren Buffett has purchased more of his favorite energy stock.
If You'd Invested $10,000 in Occidental Petroleum Stock 3 Years Ago, Here's How Much You'd Have Today
Occidental Petroleum's transformation since 2020 has worked in investors' favor. The oil and gas stock has more than doubled investors' money in just three years.
Top 3 Stocks to Buy Now as Energy Sector Hits Buy Zone
After showing relative strength in the first quarter, the energy sector and the Energy Select Sector SPDR Fund ETF NYSEARCA: XLE trended lower in the second quarter, recouping most of their gains. ...
Occidental Shares Have Been Flat In 2024 But Warren Buffett Just Keeps Buying
If you had bought shares in Occidental Petroleum in June last year, the company's share price was lurking just south of the $60 mark at around $57. Twelve months down the road, the price is current...
Warren Buffett's Berkshire Hathaway Boosts Occidental Petroleum Stake to Almost 29%
Shares of Occidental Petroleum (OXY) edged higher Tuesday as Warren Buffett's Berkshire Hathaway (BRK.A, BRK.B) bought up even more of the stock, boosting its stake in the energy firm to almost 29%.
Big Warren Buffett Purchase Highlights Recent Insider Buying
24/7 Insights Warren Buffett has purchased more of his favorite energy stock.
2 No-Brainer Energy Stocks to Buy Right Now for Less Than $500
Elevated oil and gas prices helped industry operators pay down debt and solidify their balance sheets. ExxonMobil operates across the value chain and provides a reliable dividend that has grown for...
Warren Buffett just bought $150 million worth of this stock
Warren Buffett, famously known as the Oracle of Omaha, has decided to strengthen his stake in Occidental Petroleum (NYSE: OXY) with a substantial purchase recently made by Berkshire Hathaway (NYSE:...
Occidental (OXY) Gains From Permian Basin Focus & Investments
Occidental's (OXY) strong presence in Permian Basin and systematic investment to expand operations will provide support amid a competitive industry.
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