Occidental Petroleum Stock News

Well, we finally got the news everyone was kind of half-expecting (and half-hoping wouldn't be true for a long time to come).

The world of energy is changing. Electrification is in, and gas engines are on the way out.

Occidental Petroleum (OXY 1.69%) and Energy Transfer (ET 1.01%) are popular income stocks for energy-focused investors. Occidental, also known as Oxy, is a leading oil and gas producer.

Occidental Petroleum reported strong Q1 results. Acquisitions are made to improve results. However, benefits may take time to materialize. Effective management sets and often exceeds goals.

Warren Buffett's company, Berkshire Hathaway (BRK.A 0.18%) (BRK.B 0.09%), has invested nearly $280 billion into other publicly traded companies. One of its top holdings is Occidental Petroleum (OXY 1.69%).

These 10% yielders combine safety, growth, and big upside potential—perfect for living off dividends in retirement. Both are fully covering their dividends with cash flow and trade at attractive valuations—grab them while they're cheap. We also look at the risks facing each of them.

Occidental Petroleum's NYSE: OXY stock price correction hit bottom in April, and the rebound gained momentum in May after a solid earnings beat. Headwinds exist for this and other energy companies, but their leaning into increased production and operational quality is paying off.

Occidental Petroleum Corporation, Inc. (NYSE:OXY ) Q1 2025 Earnings Conference Call May 8, 2025 1:00 PM ET Company Participants Jordan Tanner - VP, IR Vicki Hollub - President, CEO & Director Sunil Mathew - SVP & CFO Richard Jackson - SVP & President, Operations, U.S. Onshore Resources & Carbon Management Kenneth Dillon - SVP & President, International Oil & Gas Operations Conference Call Parti...