My last article on Occidental Petroleum Corporation (NYSE: OXY ) stock was published two months ago by Seeking Alpha. More specifically, on February 18, 2025, I wrote an As you can tell, our core style is to provide actionable and unambiguous ideas from our independent research. If your share this investment style, check out Envision Early Retirement. It provides at least 1x in-depth articles per week on such ideas.We have helped our members not only to beat S&P 500 but also avoid heavy drawdowns despite th ...

Occidental Petroleum’s (OXY) share price has dropped 19.8% in the past month compared with its industry’s decline of 12.7%. In the same period, the Zacks Oil & Energy sector has declined 11.9%.OXY’s exposure to fluctuating commodity prices remains a concern. As of Dec. 31, 2024, there were no active commodity hedges in place, so if the commodity prices drop substantially, it can adversely impact Occidental’s performance.Price Performance (One Month)Image Source: Zacks Investment ResearchOther operators in t ...

Core Viewpoint - Warren Buffett's investment in Occidental Petroleum (OXY) is under significant pressure as the stock has dropped to its lowest level since February 2022, currently trading at $36.26, down 26% year-to-date, and underperforming the broader energy sector which is down about 12% [1][5]. Company Performance - Occidental Petroleum's stock has seen a decline from earlier 2025 highs above $50, marking a significant reversal in its performance [1]. - Berkshire Hathaway owns nearly 265 million shares of Occidental at an average cost of $54.20, resulting in an estimated paper loss of $4.7 billion, making it one of the most challenged equity holdings in Buffett's portfolio [4]. Market Conditions - The recent downturn in OXY is attributed to West Texas Intermediate (WTI) crude prices falling below $60 per barrel, influenced by fears of a global recession and new trade tensions due to U.S. tariffs on China [5]. - Despite stronger pricing reported in Q1, with Occidental realizing $71.07 per barrel for oil and a 92% surge in natural gas prices to $2.42 per Mcf, these gains have not alleviated market concerns [6]. Competitive Position - Analysts express caution regarding Occidental's performance, noting that the company lags behind industry peers in several areas, including a heavier debt burden, slower production growth, and significant spending on carbon-capture technology, which is capital-intensive [7]. - Occidental remains a focal point in Berkshire Hathaway's equity portfolio, with investors closely monitoring the upcoming earnings report scheduled for May 8 [8].

The Warren Buffett-owned oil stock's plunge presents an opportunity to buy.Shares of Occidental Petroleum (OXY -9.52%) crashed today and were trading 10% lower as of 12:20 p.m. ET.Ironically, Occidental Petroleum just revealed that it realized higher average prices for oil and gas in its first quarter versus the fourth quarter, which is good news for the company and its investors. Why did the stock then crash today? There are three things to keep in mind.Oil prices are fallingFirst, Occidental Petroleum's w ...

Group 1 - The company reported preliminary data indicating an average oil price of $71.01 per barrel for the first quarter, surpassing analyst expectations of $70.58 per barrel [1]

It’s no secret that Warren Buffett has a penchant for Occidental Petroleum Co. NYSE: OXY stock. But Buffett wasn't always a fan of oil & energy sector stocks. In fact, his high-profile foray into oil domestic oil stocks with ConocoPhillips NYSE: COP was personally proclaimed to be a “major mistake” by the Oracle of Omaha himself. In a move that underscores how much his perspective on the sector has shifted, Buffett’s Berkshire Hathaway Inc. NYSE: BRK.A bought OXY stock when it was down 30% from its highs in ...

Core Points - The U.S. Environmental Protection Agency has approved Occidental and 1PointFive's Class VI permits for carbon dioxide sequestration from the STRATOS Direct Air Capture facility in Texas, marking a significant milestone for the company [1][2][3] - The permits are essential for Occidental's strategy to securely store CO2 captured from the atmosphere, demonstrating compliance with federal and state requirements during the EPA's review process [2][3] - STRATOS is designed to capture up to 500,000 tonnes of CO2 annually and is expected to commence commercial operations in 2025, contributing to U.S. energy security and economic growth [3] Company Overview - Occidental is a major international energy company with significant assets in the U.S., Middle East, and North Africa, recognized as one of the largest oil and gas producers in the U.S. [4] - The company is involved in various segments, including midstream and marketing, and is committed to advancing carbon management technologies through its Oxy Low Carbon Ventures subsidiary [4] - 1PointFive focuses on Carbon Capture, Utilization, and Sequestration (CCUS) solutions, aiming to mitigate global temperature rise through innovative decarbonization technologies [5]

HOUSTON, April 02, 2025 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) will announce its first quarter 2025 financial results after close of market on Wednesday, May 7, 2025, and will hold a conference call to discuss the results on Thursday, May 8, 2025, at 1 p.m. Eastern/12 p.m. Central. The conference call may be accessed by calling 1-866-871-6512 (international callers dial 1-412-317-5417) or via webcast at oxy.com/investors. Participants may pre-register for the conference call at https://dpregister.com/sr ...

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Core Viewpoint - Occidental Petroleum Corporation announced the results of its warrant exercise offer, which expired on March 31, 2025, at a reduced price of $21.30 per warrant [1][2]. Group 1: Warrant Exercise Results - A total of 41,941,075 warrants were tendered, resulting in the issuance of 41,871,909 shares of common stock and generating $891.9 million in proceeds [2]. - If all guaranteed deliveries are completed, an additional 69,166 shares will be issued, bringing in an extra $1.5 million [2]. - The remaining warrants not exercised will continue to be valid at an exercise price of $22.00 per warrant [2]. Group 2: Company Overview - Occidental is a major international energy company with significant assets in the U.S., Middle East, and North Africa, and is one of the largest oil and gas producers in the U.S. [4]. - The company operates in various segments, including midstream and marketing, and is focused on advancing technologies for carbon management through its Oxy Low Carbon Ventures subsidiary [4].