The Permian Basin, the premier U.S. shale-oil production region, is rapidly developing into much more complex territory.

Oxy has a dominant position in the Permian Basin, which is the cheapest source of production in the US and is expected to be a major growth engine in the next few years. Oxy's conventional assets ...

U.S. rig count drops, with Permian Basin drilling at its lowest since February 2022, according to Baker Hughes.

Occidental Petroleum’s OXY share price has dropped 25.2% in the trailing 12 months, wider compared with its industry’s ...

Occidental's strong presence in the Permian Basin and contribution from international assets are boosting its performance amid the adverse impact of fluctuating commodity prices. Occidental (OXY ...

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Occidental Petroleum on Friday closed the sale of its mineral and royalty rights, spanning nearly 250,000 acres in the Denver ...

One of his favorites is Occidental Petroleum (NYSE: OXY), the largest independent producer in the Permian Basin, one of the most critical fossil fuel production regions in the U.S. Berkshire owns ...

OXY’s exposure to fluctuating commodity prices ... Occidental is set to bring online 500-550 company-operated wells in the Permian region and 100-120 wells in the Rockies region in 2025, which ...