Occidental Petroleum is an international oil and gas exploration and production company that focuses on the development of hydrocarbon resources. With operations spanning various regions around the globe, Occidental engages in the extraction of oil and natural gas, and is also involved in the chemical manufacturing sector, producing products used in a variety of industries. The company emphasizes sustainable practices and innovation in its operations, aiming to enhance environmental stewardship while delivering energy solutions to meet global demands. Read More
The Oracle of Omaha has long favored concentrating capital in his best ideas, which is a belief that will continue under Berkshire's new CEO, Greg Abel.
The global energy landscape shifted dramatically on January 7, 2026, as West Texas Intermediate (WTI) crude oil prices plummeted to $56.92 per barrel. This sharp decline, representing a multi-year low, was triggered by a sudden and massive influx of Venezuelan supply following a historic geopolitical upheaval in South America.
As of January 6, 2026, the American financial landscape presents a startling paradox. The S&P 500 has surged to a historic milestone, closing at an all-time high of 6,944.82, fueled by a relentless "Phase 2" AI revolution that has redefined market leadership. Yet, while tech giants and
As of January 6, 2026, the strategic landscape for North American midstream energy has shifted decisively toward the U.S. Gulf Coast, with Gibson Energy (TSX: GEI) emerging as a primary architect of this transition. Once heavily reliant on the volatile swings of its marketing segment, the Calgary-based energy infrastructure
HOUSTON, Jan. 05, 2026 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) will announce its fourth quarter 2025 financial results after close of market on Wednesday, February 18, 2026, and will hold a conference call to discuss the results on Thursday, February 19, 2026, at 1 p.m. Eastern/12 p.m. Central.
As the opening bells of 2026 ring across Wall Street, a profound shift in market leadership is unfolding. The long-standing dominance of "Big Tech" and the "Magnificent 7" has hit a significant wall, giving way to a robust resurgence in the so-called "Old Economy." In the first trading sessions of
As of December 23, 2025, Berkshire Hathaway (NYSE: BRK.A, BRK.B) stands as a monument to financial discipline and a harbinger of structural transformation. Long regarded as the ultimate "safe haven" for retail and institutional investors alike, the Omaha-based conglomerate is currently at its most pivotal crossroads since Warren Buffett took control in 1965. With a [...]
HOUSTON, Jan. 02, 2026 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) announced today it has completed the sale of its chemical business, OxyChem, to Berkshire Hathaway (NYSE: BRK.A, BRK.B) for $9.7 billion in cash, subject to customary purchase price adjustments.
I discussed Occidental Petroleum's possible dividend hike next month in my Dec. 23, 2025, Barchart article. I showed that OXY stock could be worth $50. Investors are now piling into January 16, 2026, expiry call options.
The clock ticks toward midnight on December 31, 2025, and the global financial community is preparing to bid farewell to the most storied career in the history of modern investing. Warren Buffett, the 95-year-old "Oracle of Omaha," will officially retire as Chairman and CEO of Berkshire Hathaway (NYSE:BRK.A
As the final trading days of 2025 unfold, a stark divergence has emerged on Wall Street: energy prices are climbing steadily while the broader equity markets succumb to a wave of year-end selling. While the S&P 500 and Nasdaq Composite have retreated from their autumn highs, crude oil has
