Occidental Petroleum Corporation (OXY) News
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OXY News Highlights
- For OXY, its 30 day story count is now at 24.
- Over the past 28 days, the trend for OXY's stories per day has been choppy and unclear. It has oscillated between 1 and 9.
- The most mentioned tickers in articles about OXY are TOP, WAVE and WEST.
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.
Warren Buffett Is Expected To Rake In Over $6 Billion In Dividends In The Next Year - Here Are His 3 Biggest Income-Producing Stocks
Warren Buffett, the venerated investor and CEO of Berkshire Hathaway, is set to amass over $6 billion in dividend income in the coming year, with a significant portion of this windfall emanating from just three stocks. This substantial income stream underscores the effectiveness of Buffett's investment strategy, one that favors profitability and long-term value. Top Dividend Earners in Buffett’s Portfolio Buffett’s predilection for dividend-bearing stocks isn’t just a matter of preference; it’s
Could The Market Be Wrong About Occidental Petroleum Corporation (NYSE:OXY) Given Its Attractive Financial Prospects?
Occidental Petroleum (NYSE:OXY) has had a rough three months with its share price down 8.9%. However, a closer look at...
The Buffett-led conglomerate has deep pockets with over $150 billion in cash. But Occidental may want to reconsider.
Occidental’s talks with CrownRock will make the few remaining large parcels in the Permian basin pricey.
Occidental Petroleum (NYSE: OXY) could be nearing a deal to buy privately held oil producer CrownRock. The Wall Street Journal reported that the oil giant was in the lead to buy the Permian Basin producer. The potential deal would be the latest in a wave of merger activity in the oil patch.
While no one methodology offers guarantees in the equities market, targeting stocks with insider buying could be a compelling and profitable approach.
With one month left in 2023, investors are starting to consider the investing trends for 2024.
Occidental Petroleum (OXY) is reportedly in talks to acquire oil producer CrownRock in a deal estimated above $10 billion, according to the Wall Street Journal. The potential buyout follows other companies like Chevron (CVX) and Exxon (XOM) also investing in shale assets to scale output. Ford (F) trimmed its 2023 profit outlook citing higher than expected labor costs from the recent UAW contract. It now forecasts adjusted pretax earnings between $10 billion and $10.5 billion, down from $11 billion to $12 billion previously estimated. Vinfast Auto (VFS) shares closed higher Thursday afternoon, after the Vietnamese automaker announced it will debut its latest VF 9 electric model at the COP28 climate summit. The event presents an opportunity to boost Vinfast’s global brand alongside policy...
Warren Buffett's Favorite Oil Stock Shifts To Offense In The Permian After Exxon, Chevron, Mega Deals
Occidental Petroleum appears to be the top contender to purchase a major Permian Basin producer, the latest oil consolidation move.
(Bloomberg) -- Occidental Petroleum Corp.’s private jet touched down in Omaha this week, home to its biggest investor Warren Buffett, as Chief Executive Officer Vicki Hollub considers a shale oil deal worth at least $10 billion. Most Read from BloombergBanking Escapees Make Billions From Private Credit BoomTesla’s Cheapest Cybertruck Will Cost $60,990 and Be Available in 2025These Are the World's Most Expensive Cities to Live In Right NowSaudi Arabia Offers Iran Investment to Blunt Gaza WarBigge