On April 10, 2023, reports emerged that Mizuho had lowered the target price for Occidental Petroleum (NYSE:OXY) from $83.00 to $79.00. This move comes as the oil and gas producer has recently announced quarterly earnings […]
KEY POINTS Oxy CEO Vicki Hollub oversaw the No. 1-performing stock in the S&P 500 in 2022. The White House has pressured oil companies to produce more but Hollub says its capital spending plan will […]
Chevron Corp. posted disappointing fourth-quarter results, just days after surprising investors with a mammoth $75 billion share-buyback program, as the oil giat disclosed a surprise jump in corporate costs.Profit excluding one-time items was $4.09 a […]
In this piece, we will take a look at the 17 biggest energy companies in the U.S. For more companies, head on over to 5 Biggest Energy Companies in the U.S. America is one of the […]
Good economic data was bad for energy stocks today. What happened The energy industry was hit hard on Thursday by a number of factors from falling prices to a speculation about higher interest rates. Markets […]
Occidental Petroleum may be one of the dominant oil and gas producers in the Permian Basin, but the company envisions a low-carbon future. The company has established a low-carbon business unit and is investing heavily […]
HOUSTON, Oct. 03 /BusinessWire/ — Western Midstream Partners, LP (NYSE:WES) (“WES” or the “Partnership”) today announced that it executed a letter of intent (“LOI”) with a subsidiary of Occidental Petroleum Corporation (NYSE:OXY) (“Oxy”), with the […]
Johnathan R. Grammer, CEO of U.S. Carbon Capture, stopped by the podcast, and we talked about one of the key elements in supplying low-cost energy to the world’s population: reducing the environmental impact of fossil […]
A recent SEC filing has revealed that Warren Buffett’s Berkshire Hathaway acquired just under seven million more Occidental Petroleum shares for a price of over $390 million. According to the filing, on August 4, 2,231,566 […]
Occidental Petroleum reported a net profit of $3.6 billion for the second quarter of the year, down from $4.7 billion for the first quarter, boasting the highest quarterly free cash flow. The adjusted income attributable […]
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