Occidental Petroleum Corporation OXY is trading above its 50-day simple moving average (“SMA”), signaling a bullish trend. The company is gaining from its focus on the Permian Basin and contributions ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The energy giant is using the ...

Occidental Petroleum doesn't have a visible strategy for growing shareholder value. ConocoPhillips has a clear plan to grow its cash flow through 2029. That strategy puts it in a stronger position to ...

Through careful selection of assets and projects, Occidental has become a low-cost leader in the energy sector. Occidental is working to prolong crude oil’s future marketability by partially ...

Occidental has promoted Richard A. Jackson to SVP and COO. Occidental has promoted Richard A. Jackson to senior vice-president and chief operating officer, overseeing global oil and gas operations, ...

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.

US Stocks: Occidental Petroleum share price dropped more than 7% during the Wall Street session on Thursday, 2 October 2025, despite the company's $9.7 billion deal with Warren Buffett's Berkshire ...

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, ...

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 ...