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Occidental Petroleum Value Stock - Dividend - Research Selection

Occidental petroleum

ISIN: US6745991058 , WKN: 851921

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Description of the company

Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States and internationally. The company operates through three segments: Oil and Gas, Chemical, and Midstream and Marketing. The Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. The Chemical segment manufactures and markets basic chemicals, including chlorine, caustic soda, chlorinated organics, potassium chemicals, ethylene dichloride, chlorinated isocyanurates, sodium silicates, and calcium chloride; vinyls comprising vinyl chloride monomer, polyvinyl chloride, and ethylene. The Midstream and Marketing segment gathers, processes, transports, stores, purchases, and markets oil, condensate, NGLs, natural gas, carbon dioxide, and power. This segment also trades around its assets consisting of transportation and storage capacity; operates a crude oil export terminal; and invests in entities. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas.

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NEWS


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2024-06-28
Recently, Zacks.com users have been paying close attention to Occidental (OXY). This makes it worthwhile to examine what the stock has in store.

Occidental Petroleum: Berkshire Could Buy More And You Should, Too

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2024-06-27
Investing in Chevron (CVX) and Occidental Petroleum (OXY) likely reflects Buffett's strong preference for companies with robust balance sheets.

Is Occidental Petroleum (NYSE:OXY) A Risky Investment?

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David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

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Buffett, Slim and Tepper are making major bets on energy companies such as Occidental, PBF and Energy Transfer LP

Analysis-A mountain of asset sales loom after oil megamerger era

2024-06-26
U.S. oil and gas companies could face an uphill struggle to sell about $27 billion of assets to fund investor payouts over the next few years as the biggest wave of energy megamergers in 25 years nears the end of regulatory reviews. Energy stocks represent just 4.1% by weight of the S&P 500, a third of their 2011 share as tech and health care investments took off. There are fewer institutional and European oil buyers interested, and a lack of ready cash to finance these deals.

Warren Buffett Just Bought $435 Million of This Stock and Plans to Hold It Forever

2024-06-26
Buffett keeps adding to this position and it's now the sixth-largest in Berkshire Hathaway's portfolio.