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, ...

As corporate giants continue to reassess their portfolios amid economic shifts, strategic divestitures are becoming a common tool for companies looking to streamline operations and optimize financial ...

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Occidental Petroleum (OXY) shares have been moving in a tight range lately, prompting investors to take a closer look at the company’s recent performance and what might be driving sentiment in the oil ...

Occidental Petroleum (OXY) closed the most recent trading day at $48.10, moving +1.33% from the previous trading session. The stock's change was more than the S&P 500's daily gain of 0.26%. Elsewhere, ...

Sept 28 (Reuters) - Occidental Petroleum (OXY.N), opens new tab is negotiating the sale of its OxyChem division, a transaction that could value the unit at a minimum of $10 billion, the Financial ...

Occidental Petroleum Corp. is in talks to sell its OxyChem petrochemical unit in a deal worth at least $10 billion, the Financial Times reported Sunday. The divestment would be the US company’s ...

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 ...

Occidental Petroleum Corporation (NYSE:OXY) shares are trading lower on Thursday. Berkshire Hathaway, Inc. (NYSE:BRK) (NYSE:BRK) agreed to acquire its OxyChem business for $9.7 billion in an all-cash ...