OXY - OXY オキシデンタル・ペトロリアム （）

Picking up Occidental Petroleum at current prices should yield long-term gains. Click here to read my analysis of OXY stock.

Occidental Petroleum (NYSE: OXY) unveiled a deal with football''s Houston Texans where the NFL team agreed to buy carbon dioxide removal credits to offset the impacts of the team''s air travel

https://www.investing.com/news/pro/bofa-securities-upgrades-occidental-petroleum-to-buy-432SI-2974782

Occidental Petroleum (OXY) disclosed Wednesday that last month''s Winter Storm Elliott caused downtime that cut Q4 Permian and Rockies production by 10K boe/day.

Warren Buffett''s Berkshire Hathaway wasn''t immune from the 20% stock market sell-off in 2022. The conglomerate''s 48-stock portfolio only had 10 companies that saw gains in 2022. These were Buffett''s 10 best performing stocks owned by Berkshire Hathaway in 2022. Warren Buffett''s Berkshire Hathaway was by no means immune to the stock market''s crushing sell-off in 2022. Berkshire Hathaway did see its own stock gain in 2022, rising 3% compared to the S&P 500''s near-20% decline as the conglomerate''s oil and gas investments benefited from surging commodity prices. But Berkshire also owns a 48-stock portfolio that was worth just under $300 billion as of September 30. Of those 48 stocks, only 10 names saw gains in 2022. Meanwhile, its largest position, Apple , fell 27%. The worst performing stocks owned by Berkshire Hathaway in 2022 included Nu Holdings and Snowflake , which both sank 57%. Despite the losers, Buffett still saw some big gains in Berkshire''s stock portfolio. Some of the best performers have been owned by Buffett for decades, like Coca-Cola , while others were added to the portfolio in recent years, like T-Mobile.

Occidental reported very strong free cash flow for Q3’22, however, the pricing environment is deteriorating. Click here to read my analysis of OXY stock.

Occidental Petroleum''s (NYSE: OXY ) short percent of float has risen 4.77% since its last report. The company recently reported that it has 52.54 million shares sold short , which is 10.99% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.3 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price … Full story available on Benzinga.com

Oil companies outperformed in 2022 as the prices of oil remained elevated: Occidental Petroleum, EQT Corporation, and Hess Corporation.

Energy and allied stocks are pulling back sharply on Monday, as oil languishes at near a one-year low. What Happened: The WTI grade crude oil traded down 3.15% at $73.88-a-barrel, having dropped to an intra-day low of $73.61 earlier in the session. The black gold is now trading at its worst level since Dec. 27, 2021. The immediate downside catalyst is the situation in China , which has tempered the demand outlook … Full story available on Benzinga.com

Berkshire Hathaway now owns so much Occidental Petroleum that it includes OXY''s earnings in its own. Read to know why I''m still bullish on BRK.B stock.

https://www.investing.com/news/pro/popular-stocks-with-increasing-volume-hood-amc-nvda-coin-lcid-roku-mara-nflx-sofi-nkla-nio-oxy-432SI-2863794

https://www.investing.com/news/pro/active-options-meta-roku-mara-nflx-sofi-nkla-nio-googl-f-oxy-432SI-2863793

Warren Buffett’s favorite oil and gas pick for 2022 has turned many heads with its latest results. Occidental Petroleum (NYSE: OXY) posted second-quarter earnings of $3.16 per share, outpacing analyst estimates by 13 cents and much better than Q2FY21''s earnings of $2.12 per share. Furthermore, the company even paid back $4.8 billion of debt and activated its share buyback program in the quarter. Happy with the progress on debt reduction, President and CEO, Vicki Hollub, said, “Our ongoing efforts to improve the balance sheet remain in place, but we are pleased that our deleveraging progress has reached a stage where our focus can expand to additional cash flow priorities.

OXY earnings call for the period ending June 30, 2022.

Occidental Petroleum Corporation (NYSE:NYSE:OXY) Q2 2022 Results Conference Call August 03, 2022 01:00 PM ET Company Participants Jeff Alvarez - Vice President of Investor Relations Vicki…