Using data over the past five years, a stochastic view (devoid of any other context aside from the temporal) reveals a neutral bias in Occidental stock. A position entered at the beginning of the week ...

This is a major opportunity for Occidental Petroleum, but one that would take decades to pan out, let alone cover the company's oil business. At the end of the day, Goldman Sachs complaint on ...

Ecopetrol and Oxy agreed to extend the development plan of Rodeo Midland Basin LLC under a JV signed in 2019. Ecopetrol SA’s Ecopetrol Permian LLC and Occidental Petroleum Corp. (Oxy ...

Houston-based Occidental Petroleum said it will purchase CrownRock in a $12 billion deal. It expects the transaction to close in the first quarter of 2024. Oil prices are moving higher ahead of ...

Goldman Sachs downgraded MGY to Neutral and OXY to Sell, citing valuation concerns ... with an 8% downside compared to 25% upside for oil-focused peers, the analyst sees limited upside potential.

Supply reduction will likely provide oil price support throughout the year insuring Occidental (NYSE:OXY) and its peers against the worst-case scenarios. While it is too early to talk about price ...

Occidental Petroleum jumped to no.3 on the ... has mastered the art of efficiency gains—fewer rigs in 2024 allowed for an increase in total oil and gas production in America.

Oxy’s 1.22 million boepd with 58% oil and the Permian as its prime basin ranked it third on the Enverus list. The rankings also showed that the U.S. shale patch has mastered the art of efficiency ...

High debt and low crude oil prices hit Occidental Petroleum stock in 2024. The oil and gas producer, however, is repaying debt and generating incremental cash flows from a recent acquisition.