OXY Stock Recent News


OXY Stock News Image - Seeking Alpha

Berkshire Hathaway Inc. (Warren Buffett) has announced they don't want to own all of Occidental Petroleum Corporation. They clearly have a price at which they're a buyer, though. In addition to Buffett, Occidental Petroleum's own repurchase of their shares makes for two very large customers in the market, both very interested at current prices. Occidental Petroleum Corporation has some highly profitable operations, making it a valuable long-term investment.

Seeking Alpha 2023 Jun 01
OXY Stock News Image - GuruFocus

Having already boosted his Occidental Petroleum Corp. ( OXY , Financial) stake twice in May, Warren Buffett (Trades, Portfolio) revealed on Tuesday his firm increased the position once again, buying $275 million worth of shares.

GuruFocus 2023 Jun 01
OXY Stock News Image - The Motley Fool

Buffett has continued to buy more shares of Occidental for Berkshire Hathaway. The legendary investor likes Occidental's CEO and business prospects.

The Motley Fool 2023 Jun 01
OXY Stock News Image - Business Insider

Warren Buffett's Berkshire Hathaway bought more Occidental Petroleum stock amid an ongoing slide in oil prices. Buffett purchased $275 million worth of Occidental over the past week, boosting Berkshire's stake in the oil producer to 24.9%.

Business Insider 2023 May 31
OXY Stock News Image - Zacks Investment Research

Occidental's (OXY) increasing investment and Permian Basin focus are likely to have a positive impact on earnings. However, stringent regulation and the impact of inflation on construction materials are concerns.

Zacks Investment Research 2023 May 31
OXY Stock News Image - Market Watch

Warren Buffett's Berkshire Hathaway increased its stake in Occidental Petroleum Corp. to about 25% over the past week.

Market Watch 2023 May 30
OXY Stock News Image - Barrons

Berkshire Hathaway bought 4.7 million shares in recent days and now owns 222 million shares of the energy company worth $13 billion.

Barrons 2023 May 30
OXY Stock News Image - Zacks Investment Research

Occidental (OXY) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Zacks Investment Research 2023 May 26
OXY Stock News Image - MarketBeat

Warren Buffett's Berkshire Hathaway Inc. NYSE: BRK.B is continuing to shop in the Occidental Petroleum Corp. (NYSE: OXY) aisle, adding 3.46 million shares to his position. The new purchases, valued at over $200 million, took place between May 16 and 18.

MarketBeat 2023 May 22
OXY Stock News Image - The Motley Fool

Occidental currently makes most of its money producing oil and gas, making rising prices a significant catalyst for the stock. It's also investing money to grow its chemicals business and build a low-carbon platform.

The Motley Fool 2023 May 20
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