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Drillers packing up gear, rig count drops, potential signal of tighter oil supply. Investors should watch oil stocks, ...
Motorists drive past an oil rig set up alongside Interstate 20 Thursday, July 7, 2022, in Midland, Texas. (Odessa American/Eli Hartman) The Occidental Petroleum Co.’s first quarter highlights ...
This rig has been feeding Western’s DJ gathering system, which has been struggling to grow volumes. In its FY22 guidance, OXY guided to 2 total rigs outside its Permian program, split between ...
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Midland Reporter-Telegram on MSNUS oil and gas rig count drops for sixth straight week as drilling slowsOilfield services firm Baker Hughes said Friday its U.S. rig count fell four rigs to 559, the sixth consecutive weekly ...
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Occidental Petroleum outlines $350M cost savings for 2025, driven by efficiency improvementsThis enabled the company to reduce the rig count by two in the Delaware ... headwinds and commodity price volatility. Occidental Petroleum's Q1 2025 earnings call emphasized its focus on ...
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Occidental Petroleum Corporation (OXY): A Bull Case TheoryOXY’s trailing and forward P/E were 13.69 and 14.35 respectively according to Yahoo Finance. An oil rig in the midst of extracting oil and natural gas from the earth, illuminated by the setting sun.
Occidental Petroleum expects to see about $1 billion in free cash flow improvement in 2026 through capital roll-off from non- oil and gas projects, including from the Stratos direct air capture ...
and Transocean (RIG – Research Report). Occidental Petroleum (OXY) In a report issued on August 7, Nitin Kumar CFA from Mizuho Securities reiterated a Hold rating on Occidental Petroleum.
May 10—The Occidental Petroleum Co.'s first quarter highlights included the first-of-its-kind deployment of a fully electric well service rig in the Permian Basin. Oxy President-CEO Vicki Hollub ...
OXY’s trailing and forward P/E were 17.43 and 18.87 respectively according to Yahoo Finance. Aerial view of oil and gas drilling rigs in sun-kissed desert. Occidental Petroleum (OXY) is down ...
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