In the latest trading session, Occidental Petroleum (OXY) closed at $48.61, marking a +0.48% move from the previous day.
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.
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.
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 is one of the most widely followed investment managers in the world. And there's good reason for that.
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.
Despite OXY's underperformance, its fundamentals and valuation have improved, presenting a long-term buying opportunity amid oil and gas market volatility. Q3 FY2024 earnings beat expectations with strong production levels, cost control, and debt management, leading to solid cash flow and FCF. Analysts' lower Q4 EPS should be offset by increased production and CrownRock acquisition benefits, suggesting potential EPS beat for Q4.
In the closing of the recent trading day, Occidental Petroleum (OXY) stood at $49.56, denoting a +0.55% change from the preceding trading day.
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 (OXY) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Occidental Petroleum (OXY) closed at $50.20 in the latest trading session, marking a -0.69% move from the prior day.
Investors often turn to Warren Buffett for advice for one good reason: He's proven his ability to navigate any investing waters -- from moments of euphoria to the doldrums -- and win over time. Buffett doesn't rush to buy the hottest stocks as markets soar and doesn't panic-sell during difficult periods.