Occidental Petroleum Corporation’s price rose close to $60, & Berkshire Hathaway now owns 22% of the company and is growing. They are working hard to realign themselves to a carbon-free future goa...
Tag: oxy
Oil and gas stocks suffer broad selloff as crude prices drop in wake of SVB collapse
The energy sector was suffering a broad selloff Monday, as worries that the recent bank failures will trigger an economic slowdown which saps demand for crude oil. The Energy Select Sector SPDR exchan...
Warren Buffett’s Berkshire Hathaway Buys More Occidental Stock. How Much It Owns Now.
Berkshire Hathaway bought almost 6 million shares of Occidental Petroleum in recent days, bringing its stake in the big energy company to 200.2 million shares worth $12.2 billion, according to a filin...
Buffett’s Berkshire Buys More Occidental Stock. How Much It Owns Now.
Berkshire Hathaway bought almost 6 million shares of Occidental Petroleum in recent days, bringing its stake in the big energy company to 200.2 million shares worth $12.2 billion, according to a filin...
Warren Buffett’s Berkshire Hathaway boosts its stake in Occidental Petroleum
Warren Buffett’s Berkshire Hathaway increased its stake in Occidental Petroleum Corp. in recent days. Berkshire bought about 5.8 million shares of Occidental in a series of purchases Friday, Monday an...
Occidental raises dividend by 38%, announces $3B share buyback program
Shares of Occidental Petroleum Corp. OXY, -0.03% fell in the after-hours session Monday after the energy company reported profit and revenue below Wall Street expectations. Occidental also announced a...
Stocks moving big after hours: ZM, OXY, WDAY
Eric Yuan, founder and CEO of Zoom Video Communications, stands before the opening bell during the company’s initial public offering at the Nasdaq MarketSite in New York on April 18, 2019. Victo...
Oxy and Anadarko: how the ‘dumbest deal in history’ paid off for Vicki Hollub
When Vicki Hollub flew Occidental Petroleum’s Gulfstream V jet to Omaha for a meeting with billionaire investor Warren Buffett in April 2019, she needed cash to place a bet. The $10bn cheque with whic...
Warren Buffett’s Berkshire Hathaway Could Get an Occidental Stock Payoff
One of Berkshire Hathaway’s best investments in the past five years was its purchase of $10 billion of Occidental Petroleum preferred stock paying an 8% dividend yield. Occidental Petroleum (ticker: O...
Occidental Petroleum stock surges after Warren Buffett’s Berkshire Hathaway discloses boosting stake to 28%
Shares of Occidental Petroleum Corp. OXY, +2.44% rallied 1.8% in afternoon trading Tuesday, after Warren Buffett’s Berkshire Hathaway Inc. BRK.B, -0.94% BRK.A, -0.84% disclosed that it increased its s...
Berkshire Hathaway’s Buy in Truck-Stop Operator Pays Off
Berkshire Hathaway investors may soon get a read on one of the company’s better deals in the past decade—a 2017 purchase for nearly $3 billion of a 38.6% interest in Pilot Flying J, the country’s lead...
Occidental Petroleum (OXY) Among Top Investments of 2023! – OXY Stock Price Inside an Interesting Channel
Occidental petroleum (OXY) stock is among top investments of 2023 and OXY stock price may recover maximum providing maximum returns during 2023, reports highlighted. OXY stock had also been preferred ...
OXY Stock Down by 0.82% on Intraday Basic
Occidental Petroleum Corporation (NYSE: OXY) is an American company founded in 1920 by Armand Hammer. The company is headquartered in Houston, Texas, United States. OXY stock prices are down by 0.82%...
Energy Earnings Could Drop 11%
After two years of skyrocketing growth, oil and gas earnings are now past their peak. The good thing for the stocks is that the peak was remarkably high, and the decline is likely to be very gradual. ...
OXY Stock At Lowest Implied Volatility In 2 Years: Time To Buy Volalitity?
Occidental Petroleum (OXY) is showing the lowest level of implied volatility in two years. That could mean it’s a good time to be a buyer of volatility in OXY stock. X We can do this via a strat...
Berkshire Hathaway Had a Strong 2022. What to Watch in 2023.
Berkshire Hathaway is coming off a strong year, one in which operating earnings climbed, investment activity picked up sharply, and the stock handily outperformed the S&P 500 The outlook for 2023 ...
Developer Of Revolutionary Carbon-Capturing Power Plant To Go Public Via SPAC With Gas-Fracking Rice Bros
Rodney Allam at NET Power’s pilot plant in La Porte, Texas, 2017. Michael Thad Carter, for Forbes The Rice Brothers — Danny, Toby and Derek — have made a fortune in the business of fracking shal...
‘Decentralized’ Oxygen Protocol Has 95% of OXY Tokens on FTX
Oxygen Protocol, a DeFi brokerage protocol, published a statement claiming that it had locked 95% of its ecosystem tokens in FTX. The exchange can do little to recover them at the moment. The Oxygen p...
A Berkshire Hathaway Bright Spot: Energy. Here Are the Numbers.
Warren Buffett likes energy. Berkshire Hathaway now owns some $58 billion of Chevron and Occidental Petroleum securities. It isn’t Berkshire’s largest holding; that would be insurance, led by auto ins...
Bonds Look Attractive Now. Why Warren Buffett Doesn’t Like Them.
Text size Berkshire Hathaway CEO Warren Buffett. Alex Wong/Getty Images Bonds don’t excite Warren Buffett even after the sharp rise in yields this year. The Berkshire Hathaway (ticker: BRK/A, BRK/B) C...
Warren Buffett’s chip-stock purchase is a classic example of why you want to be ‘greedy only when others are fearful’
This has been quite a year for Berkshire Hathaway and CEO Warren Buffett. The conglomerate just disclosed its investments in other companies as of the end of the third quarter, and one name — and one ...