In the latest close session, Occidental Petroleum (OXY) was up +1.23% at $45.40. The stock's performance was ahead of the S&P 500's daily gain of 0.37%. On the other hand, the Dow registered a loss of ...
Occidental Petroleum (OXY) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.
The sale allows Occidental to focus on upstream oil and gas operations while using the proceeds to reduce debt by $6.5 billion. Berkshire Hathaway plans to operate OxyChem as a standalone entity.
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, ...
Occidental Petroleum (OXY 0.72%), 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 ...
Occidental performed better than expected almost across the board. Higher-than-anticipated production and improved operating cost efficiency facilitated strong, consensus-beating earnings and cash ...
Bill McColl has 25+ years of experience as a senior producer and writer for TV, radio, and digital media leading teams of anchors, reporters, and editors in creating news broadcasts, covering some of ...
Occidental Petroleum may sell its OxyChem unit to Berkshire Hathaway for ~$10 billion, aiding OXY's debt reduction. OxyChem's sale would make OXY more reliant on cyclical oil prices, removing a key ...
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 ...
Oct. 2 (UPI) --Berkshire Hathaway will purchase Occidental's chemical business, OxyChem, for $9.7 billion, the two companies announced Thursday. Berkshire Hathaway and Occidental said they expect to ...
Occidental Petroleum OXY-0.64%decrease; red down pointing triangle announced a $10.8 billion agreement to buy West Texas producer CrownRock as the independent oil company seeks to keep pace with rapid ...
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