Rising oil prices and strong cash flow make Occidental Petroleum a top pick. Learn how OXY stock's strategy mitigates risk amid Middle East tensions.

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Occidental Petroleum subsidiary Oxy Low Carbon Ventures has acquired Holocene Climate Corp., Knoxville, Tenn. Holocene holds liquid, low-temperature direct air capture (DAC) technology that ...

HOUSTON, March 03, 2025 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced an offer to exercise its outstanding publicly traded warrants (the “Warrants”) at a temporarily reduced price ...

Occidental launched a $4.5 billion-$6 billion divestiture program when it announced its merger with CrownRock LP late 2023. It announced the completion of the $12.4 billion purchase August 1, 2024.

Occidental has improved its balance sheet significantly Occidental took on massive debt in 2019 when it got into a bidding war with Chevron for Anadarko Petroleum. It ended up being one of the ...

Occidental Petroleum shares have dropped 29% since mid-April, impacting Warren Buffett's stake in the company. The decline aligns with a 23% drop in crude oil prices on concerns about demand and ...

Occidental expects the assets to add an average of 170,000 barrels of oil equivalent a day to its 2024 production. The transaction was valued around $12 billion when first announced.

Choppy progress on its plan Occidental plans to repay at least $4.5 billion of debt within 12 months of closing its CrownRock deal via its increased free cash flow and the proceeds from asset ...

Occidental Petroleum (OXY 0.73%) stock has been stuck going sideways for months. One year ago, shares traded for roughly the same price they trade at today.

However, Occidental Mindoro Vice Governor Anecita Diana Tayag told Rappler that he did not think the power crisis had been resolved given the high power rates still affecting consumers in the ...