Occidental Petroleum Corporation (OXY)
Occidental Petroleum Set to Report Earnings Drop. What's Dragging on the Buffett Favorite.
OXY has lost 21% over the past year. Weak crude prices are to blame.
Occidental Petroleum: We Might Have Seen A Bottom Before Q4 Print
I maintain my "Buy" rating on Occidental Petroleum due to its strong production growth and severe undervaluation. I think OXY can easily beat the Q4 consensus on February 18. Despite market pressures, OXY's current situation is much stronger than in 2018-2019, with higher production levels and no significant macro threats. OXY's Q4 2024 guidance indicates robust production and improved margins, particularly from Permian assets and OxyChem, suggesting potential for earnings beats.
Should You Buy, Sell or Hold OXY Stock Ahead of Q4 Earnings?
Occidental Petroleum's fourth-quarter production benefit from contributions from domestic and international assets. Debt reduction and efficient expense management also contribute to its performance.
Seeking Clues to Occidental (OXY) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics
Evaluate the expected performance of Occidental (OXY) for the quarter ended December 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Warren Buffett's Berkshire Hathaway Grows Stake in Occidental Petroleum
Warren Buffett's Berkshire Hathaway (BRK.A, BRK.B) purchased 763,017 shares of Occidental Petroleum (OXY) on Friday for $35.7 million, according to a regulatory filing Tuesday.
Warren Buffett just invested $35 million in this stock
Taking a page from an expert's book is often a wise decision — and if anyone can be called an expert when it comes to investing, it's Warren Buffett.
Occidental Petroleum (OXY) Outperforms Broader Market: What You Need to Know
In the latest trading session, Occidental Petroleum (OXY) closed at $48.61, marking a +0.48% move from the previous day.
Earnings Preview: Occidental Petroleum (OXY) Q4 Earnings Expected to Decline
Occidental (OXY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
EC and OXY Extend Permian Basin Development Plan to Boost Production
Ecopetrol and Occidental Petroleum agree to renew their joint venture in the Permian Basin. The agreement outlines a plan that includes the drilling of 34 wells between April 2025 and June 2026.
Occidental Petroleum Corporation (OXY) is Attracting Investor Attention: Here is What You Should Know
Recently, Zacks.com users have been paying close attention to Occidental (OXY). This makes it worthwhile to examine what the stock has in store.
Warren Buffett Just Added $610 Million Worth of These 3 Stocks to Berkshire Hathaway's Portfolio. Here's the Best of the Bunch.
Warren Buffett is one of the most widely followed investment managers in the world. And there's good reason for that.
Warren Buffett ‘can't seem to save' his favorite energy stock amid new lows
Occidental Petroleum Corp (NYSE: OXY), a favorite of Warren Buffett's Berkshire Hathaway (NYSE: BRK.A), continues to record losses even as the billionaire maintains confidence in the company.
