Marathon Petroleum’s refinery in Los Angeles. The oil company has benefited from the increase in demand for petroleum products like diesel fuel. Robyn Beck/AFP/Getty Images Text size Some energy...
Tag: Occidental Petroleum
Warren Buffett’s Berkshire Hathaway Takes 11% Stake in HP
Text size Warren Buffett Paul Morigi/Getty Images for Fortune/Time Inc. Berkshire Hathaway has accumulated an 11.4% stake worth $4.2 billion in HP Inc. , the maker of personal computers and printers, ...
Buffett Buys More Occidental Shares—Here’s How His Top Holdings Have Fared In This Year’s Brutal Market
Topline Billionaire investor Warren Buffett continues to see opportunities in the stock market despite a sell-off in recent months, recently snapping up more shares of energy company Occidental Petrol...
Buy Whiting Petroleum And Occidental Petroleum
Photo by Joe Raedle/Getty Images Getty Images Here is a screen of energy stocks that have performed best in the coming week. To select some shares for short-term trades, the following strategy is empl...
These Energy Stocks Are Surging As Oil And Gas Prices Keep Climbing With No Relief In Sight
Topline While Russia’s invasion of Ukraine sparked a surge in oil prices that has roiled markets, energy stocks like Occidental Petroleum, Chevron and Exxon Mobil have widely outperformed the rest of ...
Occidental Petroleum Stock Spikes. 3 Reasons for the Jump.
Text size Shares of Occidental Petroleum are up nearly 90% over the past 12 months. Spencer Platt/Getty Images Occidental Petroleum stock was rising sharply Monday. There are three reasons for the mov...
Occidental Petroleum Stock Spikes. Here Are the Reasons Why.
Text size Spencer Platt/Getty Images Occidental Petroleum stock was rising sharply Monday. There are three reasons why. First, oil prices were surging Monday on supply fears as the U.S. and its allies...
Warren Buffett’s Berkshire Hathaway Has $5 Billion Stake in Occidental Petroleum
Text size Warren Buffett, CEO of Berkshire Hathaway. Johannes Eisele/AFP/Getty Images Berkshire Hathaway owns a 9.8% stake in Occidental Petroleum worth $5.1 billion after furious buying activity in s...
Carl Icahn Slashes Stake in Occidental Petroleum
Text size These disclosures are from 13Ds filed with the Securities and Exchange Commission. 13Ds are filed within 10 days of an entity’s attaining more than 5% in any class of a company’s securities....
With Chevron Stock Near Record Highs, Analysts Are Divided
Text size A Chevron petroleum storage tank in Fort Lauderdale, Fla. The oil giant missed analysts’ earnings estimates when it reported fourth-quarter results on Friday. Joe Raedle/Getty Images C...
Cash-Rich Berkshire Hathaway, Apple, and Alphabet Should Gain From Higher Rates
Text size Apple could be earning $4 billion more on its cash by 2023 Sean Gallup/Getty Images With its enormous cash reserves now earning next to nothing, Berkshire Hathaway could be one of the bigger...