Occidental Petroleum Stock News

Picking through the proverbial haystacks to find the needles smart-money investors are targeting is a difficult task to do on one's own.

Warren Buffett was once again a net seller of stocks in the first quarter of 2025. This marked the 10th consecutive quarter that the legendary investor sold more than he bought.

Occidental Petroleum (OXY -1.74%) believes carbon capture and storage (CCS) will eventually become a massive market. The oil company estimates it could be a $3 trillion to $5 trillion global industry in the future.

HOUSTON, May 16, 2025 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) and its subsidiary 1PointFive today announced an agreement with XRG, ADNOC's investment company, to evaluate a potential joint venture to develop a Direct Air Capture (DAC) facility in South Texas. As part of the joint venture, XRG will consider investing up to $500 million for the development of a DAC facility designed to capture...

Occidental's 2025 plan shows rig reductions are driven by efficiency, not production cuts, with volumes maintained and well costs declining. Despite improved free cash flow prospects from non-oil projects in 2026, meaningful shareholder returns are unlikely before 2027. Occidental's balance sheet and shareholder returns lag peers, making it less attractive than majors like Chevron, Exxon, or Sh...

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.