Occidental Petroleum Corporation (OXY) News

Occidental Petroleum Corporation (OXY): $61.45

-0.66 (-1.06%)

POWR Rating

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S

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I

Momentum

G

Stability

N

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U

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OXY News Results

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OXY News Highlights

  • For OXY, its 30 day story count is now at 34.
  • Over the past 29 days, the trend for OXY's stories per day has been choppy and unclear. It has oscillated between 1 and 10.
  • The most mentioned tickers in articles about OXY are OG, EOG and ALT.

Latest OXY News From Around the Web

Below are the latest news stories about OCCIDENTAL PETROLEUM CORP that investors may wish to consider to help them evaluate OXY as an investment opportunity.

Buffett has ‘clear path’ to acquiring Occidental, Truist says

Warren Buffett’s Berkshire Hathaway (BRK.B, BRK.A) has a “clear path” to acquiring Occidental Petroleum (NYSE:OXY) after adding more shares to its holdings, analysts at Truist said on Thursday.

The billionaire’s company yesterday revealed in a regulatory filing that it had bought an additional 6 million shares of common stock in Occidental. The acquisition raises Berkshire’s ownership to about 21%, ...

Seeking Alpha | September 29, 2022

Oil Shows Weakness after Yesterday’s Gains

The benchmark Crude WTI is down 0.09% to $82.07 today at 6.33 a.m. EST having crossed the $80 mark yesterday. A rise in crude stockpiles in the U.S. and the impact of Hurricane Ian are helping the black gold prop up. U.S. natural gas though is now at $7.08 up 1.75% today ahead of EIA natural gas numbers at 10.30 a.m.

Kailas Salunkhe on TipRanks | September 29, 2022

Buffett’s Berkshire Loads Up Additional Occidental Petroleum (NYSE:OXY) Stock

Warren Buffett’s Berkshire Hathaway (NYSE:BRK.A) continues to accumulate shares of Occidental Petroleum (NYSE:OXY). As per TipRanks’ Insider Trading Activity Tool and an SEC filing, Berkshire purchased 5.99 million shares of Occidental in multiple transactions between September 26 to September 28, at prices ranging from $57.52 to $58.18. The aggregate amount of these transactions is $352.5 million. According to a Reuters report, with this latest round of purchases, Berkshire’s stake in Occidental has increased to 20.9% from 20.2%. Berkshire's stake in Occidental Petroleum stock allows it to include the proportionate share of Occidental's earnings with its own operating results under the equity method of accounting.

Sirisha Bhogaraju on TipRanks | September 29, 2022

Occidental Petroleum (OXY) Gains As Market Dips: What You Should Know

In the latest trading session, Occidental Petroleum (OXY) closed at $62.11, marking a +1.14% move from the previous day.

Yahoo | September 29, 2022

Don’t buy Occidental stock just because Warren Buffett is buying, analyst says

Shares of Occidental Petroleum Corp. continued to outperform its peer group and the broader stock market after the oil- and gas-production company disclosed that Warren Buffett's Berkshire Hathaway Inc. keeps buying.

Yahoo | September 29, 2022

Warren Buffett Continues To Add OXY Stock, But Is It A Buy Or A Sell Right Now?

Warren Buffett owns nearly 20% of Occidental Petroleum after a July buying spree. But is it a good investment?

Yahoo | September 29, 2022

Warren Buffett Piles Into More Occidental as Berkshire Hathaway Lifts Stake to 20.9%

Berkshire bought about six million shares of the energy company since Monday and its stake now totals $11.9 billion.

Yahoo | September 29, 2022

Berkshire Hathaway Adds to Occidental Petroleum Stake

Warren Buffett's Berkshire Hathaway has bought more Occidental Petroleum shares. The company bought 5.99 million shares in the first three days of the week, bringing its stake to about 20.9%, according to an SEC filing released late Wednesday. Berkshire has [snapped up](https://www.wsj.com/articles/how-occidental-petroleum-captured-warren-buffetts-eye-11661168917) shares of Occidental this year, quickly becoming its biggest single shareholder. The purchases have [stoked speculation](https://www.

Yahoo | September 29, 2022

Buffett's Berkshire Hathaway buys 5.99 million more Occidental shares

Warren Buffett's Berkshire Hathaway Inc bought another 5.99 million shares of Occidental Petroleum Corp, boosting its stake to 20.9% after the oil company's shares lost about a fifth of their value in less than a month. The purchases were made between Sept. 26 and Sept. 28 and cost about $352 million, Berkshire said in a regulatory filing on Wednesday. Following the purchases, Berkshire now owns about 194.4 million Occidental shares worth approximately $11.9 billion, based on Occidental's Wednesday closing price of $61.41.

Yahoo | September 29, 2022

Buffett's Berkshire Hathaway buys 5.99 mln more Occidental shares

Warren Buffett's Berkshire Hathaway Inc bought another 5.99 million shares of Occidental Petroleum Corp, boosting its stake to 20.9% after the oil company's shares lost about a fifth of their value in less than a month. The purchases were made between Sept. 26 and Sept. 28 and cost about $352 million, Berkshire said in a regulatory filing on Wednesday. Following the purchases, Berkshire now owns about 194.4 million Occidental shares worth approximately $11.9 billion, based on Occidental's Wednesday closing price of $61.41.

Yahoo | September 29, 2022


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