Occidental Petroleum Corporation (OXY)
Should You Buy Warren Buffett's Favorite Oil Stock at Its 52-Week Low?
Warren Buffett is often hailed as the world's greatest investor.
Occidental Petroleum's Weakness Is Your Opportunity
Occidental Petroleum's 2024 performance showcased record U.S. oil production, reduced operating expenses, and strong free cash flow, enhancing shareholder returns and balance sheet health. The company aims to improve its balance sheet and focus on shareholder returns, with strategic divestitures and modernization projects, including the STRATOS carbon capture initiative. Despite flat production expectations for 2025, Occidental's low breakeven costs and efficient operations position it for substantial returns, assuming stable oil prices.
Occidental's Q4 Earnings Beat Estimates: Time to Buy the Stock?
OXY's strong position in the Permian Basin and free cash generation capabilities will allow it to strengthen its balance sheet, but its exposure to commodity price fluctuation is a headwind.
Occidental Petroleum Corporation (OXY) Is a Trending Stock: Facts to Know Before Betting on It
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: Carbon Capture Is Where It's At
Warren Buffett's significant investment in Occidental Petroleum highlights its strong market position and potential for growth, especially in domestic energy production. OXY's diverse operations, including oil, gas, chemicals, and midstream marketing, generate substantial revenue, predominantly from U.S. oil production. The company's carbon capture initiatives, particularly DAC projects, promise future revenue streams and support dividend growth, despite high initial costs.
Here's Why Occidental Petroleum (OXY) is a Strong Momentum Stock
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
This Warren Buffett stock bet is on fire—and Wall Street is taking notice
Warren Buffett, the ‘Oracle of Omaha', is one of the most renowned investors to ever live. Through judicious stock picks based on a philosophy of value investing, the billionaire and his company, Berkshire Hathaway, have managed to beat the market consistently.
Occidental Petroleum Q4 Earnings Beat Estimates, Revenues Dip Y/Y
OXY's fourth-quarter earnings are better than expected. Strong volumes from the Permian region continue to boost the overall production of the company.
Occidental Petroleum Continues to Demonstrate Why Warren Buffett's Company Sees So Much Value in the Oil Stock
Occidental Petroleum (OXY 4.40%) has grabbed the attention of Warren Buffett's company, Berkshire Hathaway (BRK.A 0.12%) (BRK.B 0.20%). That's abundantly clear in Berkshire's buying binge of Occidental's stock.
3 Reasons Occidental Petroleum Will Gush Higher in 2025
Occidental's NYSE: OXY stock price struggles are over. The market corrected to long-term lows, aligning with Warren Buffet's initial entries into the stock and is set up for a strong rebound.
Why Does Warren Buffett Keep Piling Into 2 Beaten-Down Stocks That Have Plunged More Than 30%?
We now know what Warren Buffett was up to during the fourth quarter of 2024. Berkshire Hathaway (BRK.A 0.12%) (BRK.B 0.20%) submitted its 13F filing to the U.S. Securities and Exchange Commission (SEC) last week.
Occidental Petroleum: Building Momentum Into 2025 (Rating Upgrade)
Oxy's Q4 delivered a solid 11% beat on EPS and record US production, continuing strong recent momentum. Unit LOE continues to improve with Q4 LOE/boe, down 6% q/q and almost 30% vs its Q4 23 peak, yet Oxy remains one of the highest-cost E&Ps and more work. While debt and low distributions remain a headwind, we believe shares now look more attractive at ~11% fwd FCF yield and ~5x 2025 EBITDA.
