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Origis Energy fully commissions 500MWdc Swift Air Solar complex
Yahoo Finance· 2026-02-20 10:35
US-based Origis Energy has announced that the 500MW-direct current (MWdc) three-phased Swift Air Solar complex in Texas, US, is fully commissioned and operational. The three solar power facilities will provide support to oil and gas company Occidental's operations in West Texas, including the STRATOS Direct Air Capture facility. The entire project represents an investment exceeding $650m in Ector County and the broader West Texas region. Oxy Low Carbon Ventures vice-president Joe Lavoy said: “New power ...
Occidental Petroleum (OXY) Climbs 9% on Dividend Hike
Yahoo Finance· 2026-02-20 09:32
We recently published 10 Firms Outperform Wall Street With Surprising Gains. Occidental Petroleum Corp. (NYSE:OXY) was one of the best performers on Thursday. Occidental Petroleum rallied for a second day on Thursday, jumping 9.38 percent to close at $51.53 apiece as investors took heart from an 8-percent increase in its quarterly dividends. In an updated report, Occidental Petroleum Corp. (NYSE:OXY) said that it has raised its dividends to $0.26 per share—already double the figure in the past four year ...
Market Wrap: HSBC Shuffles Retail and Energy Ratings as Air Liquide Posts FY Results
Stock Market News· 2026-02-20 07:08
Key TakeawaysAir Liquide (AI) reported full-year revenue of €26.94 billion, narrowly missing analyst estimates of €27.07 billion, but significantly increased its dividend to €3.70 per share.HSBC issued a series of high-profile rating changes, downgrading Walmart (WMT) to Hold while raising price targets for Merck & Co (MRK) and Occidental Petroleum (OXY).Hungary’s MOL (MOL) has been granted priority access to national strategic crude oil reserves to ensure supply stability following the total halt of delive ...
Why Occidental Stock Popped Today
The Motley Fool· 2026-02-20 03:45
Core Viewpoint - Occidental Petroleum's strong fourth-quarter earnings report has led to a significant increase in its stock price, reflecting positive investor sentiment and confidence in the company's financial health [1]. Financial Performance - Occidental's stock price increased by over 9% following the earnings report, closing at $51.57 with a market capitalization of $46 billion [4]. - The company produced an average of 1,481 thousand barrels of oil equivalent per day in the fourth quarter, supported by robust performance in its Permian and Rockies operations [5]. - Despite a decline in realized crude oil and natural gas prices, Occidental generated substantial cash flow, with operating cash flow at $2.6 billion and free cash flow at $1 billion [6]. Strategic Actions - Occidental completed the sale of its chemical manufacturing business, OxyChem, on January 2, which allowed the company to reduce its debt by $5.8 billion since mid-December [3]. - The company has increased its quarterly dividend by 8% to $0.26 per share, with the dividend payable on April 15 to shareholders of record as of March 10 [3]. Market Metrics - The stock's trading range for the day was between $49.67 and $52.22, with a 52-week range of $34.78 to $52.58 [5]. - The company has a gross margin of 33.46% and a dividend yield of 2.04% [5].
深夜,集体拉升!美军,大规模集结!
Xin Lang Cai Jing· 2026-02-19 23:28
Group 1: Oil Prices and Market Reactions - Oil prices experienced a significant increase, with WTI crude oil and ICE Brent crude both rising over 2% during trading, closing at a 1.9% increase for WTI and 1.86% for Brent [1][9] - The rise in oil prices is attributed to concerns over potential military conflict between the US and Iran, with WTI crude reaching a high of $66.70 per barrel, the highest since August of the previous year [9] - Oil stocks surged in the US market, with Occidental Petroleum rising nearly 10%, Murphy Oil and EQT Energy increasing by nearly 4%, and ExxonMobil gaining over 1.5% [3][9] Group 2: Company Performance - Occidental Petroleum's stock surge was not only due to rising oil prices but also because its fourth-quarter earnings exceeded market expectations, reporting revenues of $5.42 billion, a 5.2% year-over-year decline, and an adjusted profit of $315 million, significantly higher than the expected $180 million [10]
Markets Retreat as Walmart’s Outlook Shadows Strong Jobs Data; Deere and Etsy Surge
Stock Market News· 2026-02-19 22:07
Core Viewpoint - U.S. equity markets faced volatility as resilient labor market data contrasted with a cautious outlook from Walmart, leading to concerns over consumer spending and geopolitical tensions impacting risk appetite [1]. Major Market Indexes Performance Recap - Major benchmarks ended in negative territory, with the S&P 500 declining 0.28% to 6,861.89, the Nasdaq Composite slipping 0.31% to 22,682.73, and the Dow Jones Industrial Average falling 267 points, or 0.54%, to close at 49,395.16 [2]. Small-Cap vs. Large-Cap Performance - The small-cap Russell 2000 managed a late-day recovery, finishing up 0.25%, indicating that smaller domestic-focused firms found support despite headwinds faced by larger retail and tech companies [3]. Economic Data Insights - Initial jobless claims fell to 206,000, significantly lower than the projected 223,000, marking the lowest level since early January, complicating the Federal Reserve's interest rate cut path [4]. - The U.S. trade deficit unexpectedly widened to -$70.3 billion in December, exceeding the forecasted -$56 billion, while the Philadelphia Fed Manufacturing Index rose to 16.3 in February from 12.6 the previous month, indicating strength in the industrial sector [5]. Corporate News and Stock Movements - Walmart reported better-than-expected fourth-quarter earnings and revenue but saw its stock fall 1.4% due to a disappointing profit forecast, overshadowing a $30 billion share buyback announcement [6]. - Deere & Company shares surged 11.6% after reporting higher-than-expected quarterly profits and raising full-year net income guidance to $4.5 billion to $5.0 billion [7]. - Etsy's stock increased by 21.2% following a significant earnings beat, while Booking Holdings dropped 7.1% amid competition concerns [8]. - Other notable stock movements included Occidental Petroleum rising 9.4%, Blue Owl Capital falling 5.9%, Robinhood Markets tumbling 11.3%, and Nvidia edging higher due to a partnership with Meta Platforms [8]. Upcoming Market Events - Investors are focused on upcoming corporate reports from Newmont Corp. and Consolidated Edison, as well as monitoring Live Nation Entertainment, Texas Roadhouse, and Sprouts Farmers Market for insights into consumer spending [9]. - Nvidia's earnings report is highly anticipated on February 25th, with geopolitical developments in Iran supporting oil prices, which rose 2.6% to $66.71 per barrel [10].
These Stocks Are Today’s Movers: Walmart, Occidental, Klarna, Wayfair, Deere, Omnicom, EPAM, and More


Barrons· 2026-02-19 21:37
Walmart, Occidental, Klarna, Wayfair, Deere, Omnicom, and More Stock Movers - Barron'sSkip to Main ContentThis copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.# These Stocks Are Today's Movers: Walmart, Occidental, Klarna, Wayfair, Deere, Omnicom, EPAM, and MoreBy [Mackenzie T ...
OXY-Clean: Buffett's Favourite Oil Rig Scrubs $6 Billion In Debt Off The Books
Benzinga· 2026-02-19 19:33
• Occidental Petroleum stock is among today’s top performers. Why are OXY shares rallying?Occidental shares surged in investor attention after the company completed the sale of its OxyChem division to Berkshire Hathaway for $9.7 billion. As it reported its fourth quarter earnings, Occidental revealed it used the proceeds to cut roughly $5.8 billion in debt, bringing its principal debt down to about $15 billion and materially strengthening its balance sheet.Occidental Slashes Debt With Berkshire DealThe cle ...
OXY(OXY) - 2025 Q4 - Earnings Call Transcript
2026-02-19 19:02
Occidental Petroleum (NYSE:OXY) Q4 2025 Earnings call February 19, 2026 01:00 PM ET Company ParticipantsJordan Tanner - Vice President of Investor RelationsKen Dillon - SVP and President of International Oil and Gas OperationsRichard Jackson - SVP and COOSunil Mathew - SVP and CFOVicki Hollub - President and CEOConference Call ParticipantsArun Jayaram - Equity Research AnalystBetty Jiang - Equity Research AnalystDoug Leggate - Equity Research AnalystNeil Mehta - Equity Research AnalystNitin Kumar - Equity R ...