OXY - Occidental Petroleum Corporation
After hours:
| Previous Close | 58.81 |
| Open | 59.12 |
| Bid | 58.82 x 1200 |
| Ask | 58.94 x 1100 |
| Day's Range | 58.56 - 59.23 |
| 52 Week Range | 54.30 - 77.13 |
| Volume | |
| Avg. Volume | 12,923,801 |
| Market Cap | 52.559B |
| Beta (5Y Monthly) | 1.81 |
| PE Ratio (TTM) | 6.74 |
| EPS (TTM) | 8.75 |
| Earnings Date | Jul 31, 2023 - Aug 04, 2023 |
| Forward Dividend & Yield | 0.72 (1.22%) |
| Ex-Dividend Date | Jun 08, 2023 |
| 1y Target Est | 71.30 |
Simply Wall St.A Look At The Fair Value Of Occidental Petroleum Corporation (NYSE:OXY)
Key Insights Using the 2 Stage Free Cash Flow to Equity, Occidental Petroleum fair value estimate is US$68.60 Current...
Motley Fool93% of Warren Buffett's Portfolio Is Invested in These 4 Sectors
There aren't many people that can captivate the attention of new and tenured investors quite like Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett. Since taking over as CEO of Berkshire in 1965, he's doubled up the average annualized total return, including dividends paid, of the broad-based S&P 500 (19.8% vs. 9.9%). Books can be, and have been, written about Warren Buffett's not-so-secret formula for success.
Motley Fool3 Oil Stocks You Can Buy Right Now Before They Surge Even Higher
Oil prices cratered during the early days of the pandemic, taking oil stocks with them. Crude prices and oil stocks have cooled off over the past several months on macroeconomic concerns. Three that stand out are Devon Energy (NYSE: DVN), Occidental Petroleum (NYSE: OXY), and Marathon Oil (NYSE: MRO).
ZacksIs Trending Stock Occidental Petroleum Corporation (OXY) a Buy Now?
Occidental (OXY) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Motley Fool84% of Warren Buffett's Portfolio Is Invested in These 7 Stocks
In the Oracle of Omaha's view, diversification is only necessary if you don't know what you're doing.
- Investing.com
Warren Buffett increases his Occidental Petroleum stake: Does it have potential?
Buffett took advantage of that earnings presentation, which was worse than the market expected, sending the stock down. Buffett bought cheaper. He paid about $201 million for 3.46M shares of Occidental between May 16 and 18. Buffett's purchases helped raise the share price or at least stabilize it. That week, they rose almost 2%.
- Investing.com
4 hot insider trades & hedge fund hits: Berkshire ramps up Occidental stake
Here is your Pro Recap of the biggest insider trades and institutional investor headlines you may have missed this week: news out of Berkshire Hathaway and Occidental, and Elliott and NRG Energy, and top brass buys at Luminar and Skillz. Occidental Petroleum (NYSE:OXY) announced that Berkshire Hathaway (NYSE:BRKb) increased its ownership in the oil company, as InvestingPro reported in real time.
Motley Fool2 Big Reasons (Other Than Oil) to Follow Warren Buffett and Buy Occidental Petroleum
Warren Buffett's Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) has been buying shares of Occidental Petroleum (NYSE: OXY) hand over fist. Berkshire Hathaway now owns nearly 24% of the oil company's outstanding shares. While Buffett recently dismissed the idea of acquiring Occidental, his company has the approval to boost that position up to 50%.
Motley FoolWhy Has Warren Buffett Invested 18% of His Portfolio in These 3 Beaten-Down Stocks?
Why has Buffett invested over 18% of Berkshire Hathaway's (NYSE: BRK.A) (NYSE: BRK.B) in these three recently underperforming stocks? The main U.S. stock market indexes are up so far in 2023, as is Berkshire Hathaway's share price.
Yahoo Finance VideoMarket rally faces dark cloud of debt ceiling debate
Wall Street is keeping a close eye on debt ceiling negotiation updates ahead of the weekend. The major equity averages posted two consecutive sessions of gains, lifting the Nasdaq and S&P 500 to the best weekly performance since March. Fed Reserve Chair Jerome Powell says interest rates may not have to climb as much as expected to keep inflation in check. Powell’s comments come on the heels of recent indicators from Fed officials that the June rate decision could point to more of a cliffhanger than initially anticipated. In a week full of earnings from U.S. retailers that showed a pullback of discretionary consumer spending, Farfetch Limited (NYSE: FTCH) reported an increase of 8% in revenue for fiscal Q1 2023. The London-based luxury fashion retailer posted a narrower-than-expected quarterly loss and reiterated its gross merchandise volume outlook for the full-year. Shares soared above $15 a share in Friday morning trade. Berkshire Hathaway upped its stake in Occidental Petroleum Corp. (NYSE: OXY), raising its total stake above $12 billion to over 20% of the energy producer. At Berkshire’s annual shareholder meeting, Warren Buffett made clear that the Nebraska-based conglomerate has no intention of taking control of the company. Occidental shares hovered right below $60 a share ahead of the weekend.
Yahoo Finance VideoBerkshire Hathaway raises stake in Occidental Petroleum, Farfetch stock surges
Yahoo Finance markets contributor Remy Blaire takes a look at stocks to watch, including Occidental Petroleum after Berkshire Hathaway raises its stake in the company, as well as Farfetch Limited.
Motley Fool3 Stocks Warren Buffett Is Most Likely to Buy If a Recession Comes
Many economists predict that a U.S. recession is on the way. What does Warren Buffett think? Buffett firmly believes that his own Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) is "more broadly aligned with the country's economic future than is the case at any other U.S. company."
ReutersBerkshire Hathaway boosts stake in Occidental Petroleum to 24.4%
Berkshire Hathaway Inc said on Thursday it had acquired more shares of Occidental Petroleum Corp, boosting its stake in the oil company to 24.4%. In a regulatory filing, the conglomerate controlled by billionaire Warren Buffett said it paid about $201 million for 3.46 million Occidental shares between May 16 and 18. Berkshire has bought Occidental shares on each of the last six trading days, paying about $327 million for 5.62 million shares.
Motley FoolThe Best Warren Buffett Stocks to Buy With $300 Right Now
You don't have to be a billionaire to invest like Warren Buffett. Sure, one Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) Class A share costs nearly $500,000. Here are the three best Buffett stocks to buy with $300 right now.
Yahoo FinanceStocks moving in after-hours: Berkshire Hathaway, Capital One, Beam, Tesla
Stocks moving in after-hours: Berkshire Hathaway, Capital One, Beam, Tesla
- Simply Wall St.
Is Occidental Petroleum (NYSE:OXY) Using Too Much Debt?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
ZacksIs Most-Watched Stock Occidental Petroleum Corporation (OXY) Worth Betting on Now?
Occidental (OXY) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Motley FoolCould Occidental Petroleum Really Become the Next ExxonMobil?
ExxonMobil (NYSE: XOM) is a global oil and gas industry behemoth. It also boasts a globally integrated business, enabling it to maximize the value of the hydrocarbons it produces. Meanwhile, Exxon has an emerging low-carbon business.
Motley FoolBetter Warren Buffett Energy Stock: Chevron or Oxy?
One of the biggest headlines from the 2023 Berkshire Hathaway annual meeting was that the company continued to sell Chevron (NYSE: CVX) stock in Q1 2023. In fact, Chevron has now slipped to its fifth-largest public equity holding, down from its previous rank at number three. Occidental Petroleum (NYSE: OXY), an oil and gas exploration and production company, is Berkshire's seventh-largest holding with a fair value of of $13.2 billion.
Motley FoolOccidental Petroleum: Buy, Sell, or Hold?
Don't get distracted by the carbon capture hype -- Occidental Petroleum is still very much an energy company.
Motley FoolWarren Buffett's Latest $4.4 Billion Buy Brings His Total Investment in This Stock to $70 Billion in Under 5 Years
The Oracle of Omaha has spent more of his company's cash buying shares of this stock than Apple, Chevron, and Occidental Petroleum combined!
Motley FoolOccidental Petroleum (OXY) Q1 2023 Earnings Call Transcript
On the call with us today are Vicki Hollub, president and chief executive officer; Rob Peterson, senior vice president and chief financial officer; and Richard Jackson, president, operations, U.S. onshore resources and carbon management. Vicki, please go ahead.
- Reuters
US STOCKS-Nasdaq rallies as investors cheer inflation data, Alphabet
The Nasdaq ended Wednesday at its highest intraday level in more than eight months, boosted by a slightly lower-than-expected increase in April inflation and Alphabet Inc's latest artificial intelligence rollout. The Labor Department's Consumer Price Index (CPI) rose 4.9% in April from a year ago, compared with expectations of a 5% increase, raising hopes that the Federal Reserve's interest rate hiking cycle is close to an end.
- Reuters
US STOCKS-U.S. stocks end mixed as investors cheer inflation data, Alphabet
The S&P 500 and Nasdaq indexes rose on Wednesday, helped by a slightly lower-than-expected increase in April inflation and Alphabet Inc's latest artificial intelligence rollout. The Labor Department's Consumer Price Index (CPI) rose 4.9% in April from a year ago, compared with expectations of a 5% increase, raising hopes that the Federal Reserve's interest rate hiking cycle is close to an end. Month-over-month CPI in April rose 0.4% after gaining 0.1% in March.
ReutersOccidental to favor buybacks over funding direct air capture plants
HOUSTON (Reuters) -Occidental Petroleum Corp on Wednesday said it will distribute any excess cash from high oil prices to shareholders instead of funding direct air capture (DAC) plants. The U.S. oil producer has the most ambitious plan in the industry to bring to scale a decarbonization technology that removes carbon dioxide from the air and buries it underground. It is building its first large scale DAC plant in Texas.
