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Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States, the Middle East, Africa, and Latin America. It operates through three segments: Oil and Gas, Chemical, and Midstream and Marketing. The company's Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. Its 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; and invests in entities. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas.
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The Latest News section aggregates recent news posts from various news outlets, offering a comprehensive overview of the most recent developments related to the topic.
The numbers are in, and they do all the talking....
Warren Buffett has been hard-pressed to find many stocks he thinks are worth buying recently. One of his favorite energy companies went on sale when oil prices dipped earlier this month....
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Betting on Warren Buffett stocks to buy now is the kick your portfolio needs ahead of a broader rally. Popularly known as the “Oracle of Omaha,” Buffett's investing acumen is second to none, takin...
Over the past few weeks, Warren Buffett has been buying shares of Occidental Petroleum Co. NYSE: OXY to bring his net stake up to 29%, which is not Buffett's usual behavior. When the Oracle of Omaha i...
The Oracle of Omaha and his team have amassed more than 255 million shares of Occidental Petroleum stock since the start of 2022. The bull thesis for Occidental includes macro factors working in the o...
24/7 Insights Warren Buffett has purchased more of his favorite energy stock....
Billionaire investors are among the most influential market drivers. That's especially rue in the case of those who have control over massive investment entities....
