The company has built a Permian leadership portfolio with unconventional leadership and more than 1 million barrels/day in production. Unconventional oil, which involves producing from tight shale ...
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Occidental Petroleum (NYSE: OXY) has seen a substantial share price decline from a potential Strait of Hormuz reopening. Despite that, the company has an unparalleled portfolio of assets, and ...
Occidental has discovered oil at its Bandit prospect in the US Gulf, and the find could tie back to existing facilities, the US player revealed Thursday. Located in Green Canyon Block 680 about 125 ...
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Oil prices have gone hyperbolic this year. Brent has rocketed nearly 70% since the year began due to the growing conflict with Iran. While that has helped fuel a rally in Occidental's stock, shares ...
Occidental Petroleum (OXY) delivered $0.31 adjusted EPS in Q4. This beat the $0.18 consensus by 67%. Occidental reduced principal debt by $5.8B to $15.0B following the OxyChem sale. Oil and Gas ...
Occidental Petroleum Corporation (NYSE: OXY) posted third-quarter 2025 net income of $661 million, or $0.65 per diluted share, with adjusted earnings of $649 million ($0.64/share), as strong upstream ...
Houston-based company Occidental Petroleum will sell its chemical business, OxyChem, for $9.7 billion to Berkshire Hathaway, Warren Buffett's holding company. Oxychem produces chemicals used in water ...
Berkshire Hathaway BRK.A has agreed to purchase Occidental Petroleum’s petrochemical business, OxyChem, for $9.7 billion in an all-cash deal. Why it matters: Berkshire looks to be taking advantage of ...
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