OXY Stock Recent News
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APA and OXY are expanding their operations and have a strong presence in the Permian Basin.
It's official. Warren Buffett has asked the board of Berkshire Hathaway (BRK.A -0.22%) (BRK.B 0.04%) to replace him as chief executive officer by the end of 2025.
Occidental's global upstream strategy, led by Middle East assets and low-carbon tech, cushions U.S. market risks and boosts stability.
Recently, Zacks.com users have been paying close attention to Occidental (OXY). This makes it worthwhile to examine what the stock has in store.
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In the most recent trading session, Occidental Petroleum (OXY) closed at $42.48, indicating a -3.34% shift from the previous trading day.
HOUSTON, June 24, 2025 (GLOBE NEWSWIRE) -- 1PointFive, a carbon capture, utilization, and sequestration (CCUS) company, today announced that JPMorganChase purchased 50,000 metric tons of carbon dioxide removal (CDR) credits over 10 years enabled by Direct Air Capture (DAC). The agreement demonstrates the increasing adoption of durable carbon removal technologies that help organizations achieve their sustainability goals and support the development of vital energy infrastructure in the United States.
While it appears as though a temporary ceasefire may be on the horizon, the war between Israel and Iran is likely to linger into the future, with the U.S. now involved to a degree after last weekend's bombings of Iran's nuclear facilities.
OXY trims debt by $6.8 billion in 10 months, slashing interest costs and boosting flexibility for shareholder returns.
President Donald Trump has revived his familiar “drill, baby, drill” rhetoric, urging the Energy Department to facilitate greater U.S. oil production.