Occidental Petroleum Corporation (OXY)
Is Occidental Petroleum Stock (OXY) Nearing Buy Support?
It is no secret that Warren Buffet, who has sold a lot of shares in Bank of America and Apple, continues to hold Occidental Petroleum. With the most recent $435 million purchase in June, Berkshire Hathaway now owns about 28.
Occidental Petroleum (OXY) Laps the Stock Market: Here's Why
In the latest trading session, Occidental Petroleum (OXY) closed at $51.54, marking a +1% move from the previous day.
Occidental Petroleum Corporation (OXY) is Attracting Investor Attention: Here is What You Should Know
Occidental (OXY) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Occidental Petroleum: Strong Growth Value
Occidental Petroleum is a well-managed energy firm with significant production upside, strong free cash flow, and a recent acquisition boosting its Permian Basin output. The company is using excess cash flow for debt repayment, enhancing its balance sheet, and offering a 2% dividend yield, making it an attractive buy. Warren Buffett's 30% ownership and the accretive CrownRock acquisition should provide additional comfort. Investors today get a 15% discount on Buffett's June buys of OXY.
Occidental Stock Dips 15.8% in a Year: How Should You Play?
OXY has lost nearly 16% in a year, but investors can remain invested, given its strong Permian Basin and stable performance in the trailing 12 months.
1 No-Brainer Oil Stock to Buy Right Now for Less Than $500
Buffett is betting big on Occidental Petroleum. If you're bullish on oil prices, this company belongs in your portfolio.
Occidental Petroleum (OXY) Outperforms Broader Market: What You Need to Know
Occidental Petroleum (OXY) closed at $52.40 in the latest trading session, marking a +0.31% move from the prior day.
Occidental: With Buffett Or Not, Buy The Dip
Occidental Petroleum's recent stock dip makes it a compelling "Buy", especially given robust earnings and strong operational performance despite market turbulence. The CrownRock acquisition is expected to enhance Occidental's portfolio, boosting FCF and market position in shale with significant cost savings anticipated. I think OXY is currently undervalued based on next-year PEG and EV/EBITDA ratios, presenting an attractive investment opportunity.
Occidental Petroleum (OXY) Exceeds Market Returns: Some Facts to Consider
Occidental Petroleum (OXY) reachead $52.24 at the closing of the latest trading day, reflecting a +1.16% change compared to its last close.
This Warren Buffett Stock Just Hit Its Lowest Price in 2 Years. Why Isn't He Buying More?
One of Buffett's favorite stocks over the last two years is now trading at the lowest price since Buffett started piling into the position. Despite the pullback in price, Buffett's not adding any more to his position, as the company faces some financial challenges.
Want $1,000 in Dividend Income? Here's How Much You Have to Invest in Occidental Stock.
Occidental Petroleum's latest acquisition should hugely improve its financials. That should allow the company to boost its dividends further.
Is Occidental Petroleum Stock a Buy?
Warren Buffett's Berkshire Hathaway owns 255 million shares in the oil and gas company. Declining oil prices have weighed on companies in the sector over the last year.
