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DALLAS--(BUSINESS WIRE)--Elk Range Royalties ("Elk Range") is excited to announce a landmark acquisition of a significant mineral and royalty position spanning approximately 250,000 net royalty acres (NRA) in the DJ Basin from affiliates of Occidental (NYSE: OXY). The $905 million transaction significantly expands Elk Range's presence in a premier oil and gas region and aligns with Elk Range's strategy of acquiring attractive royalty assets in core basins. The newly acquired assets are actively.
Occidental (OXY) reported earnings 30 days ago. What's next for the stock?
Warren Buffett, widely regarded as the greatest investor of all time, has built incredible wealth for himself and early shareholders of Berkshire Hathaway ( NYSE:BRK-A )( NYSE:BRK-B ) by buying great companies at fair prices and holding for the long term.
In the closing of the recent trading day, Occidental Petroleum (OXY) stood at $47.65, denoting a +0.83% change from the preceding trading day.
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.
President Trump campaigned on a “Drill, baby, drill” policy, promising to bring down fuel and energy prices. This policy has been coming to fruition in the oil sector.
Investments that combine consistent income with solid balance sheets can produce both immediate and long-term income for investors. Dividend stocks can also provide a beneficial cushion against the effects of market downturns on growth stocks — a top concern as U.S. stocks struggle to see price appreciation in mid-March.
As baby boomers approach or enter retirement, investment strategies are shifting from high-growth stocks to more stable, income-generating assets.
When institutional traders look to benefit from the market's underlying moves and shifts, they don't do so in isolation to an asset or specific stock but rather in a function of correlations and spreads between various assets or markets. This view rhymes entirely with a global macro strategy in a way where various markets and assets are considered when developing an opinion or a view.
Forget March coming in like a lion -- this month has come in more like a bear. While the S&P 500 had climbed about 1.2% through the first two months of 2025, the index has been heading south since peaking on Feb. 19.