New OXY stake represents 7.37% of total 13F AUM, placing it outside the fund’s top five holdings The total shares bought include 221,760 shares of OXY. The estimated transaction value is $10.31 ...

Occidental Petroleum stock (NYSE: OXY) has faced a challenging period. The stock has decreased approximately 20% in the last year, while the S&P 500 has risen 18%. This underperformance raises a ...

Houston-based company Occidental Petroleum will sell its chemical business, OxyChem, for $9.7 billion to Berkshire Hathaway, Warren Buffett's holding company. Oxychem produces chemicals used in water ...

Warren Buffett said in May that he recommended Berkshire Hathaway’s Vice Chairman Greg Abel to become the CEO in 2026. Photo: Scott Morgan/Reuters Berkshire’s all-cash $9.7 billion acquisition of ...

Occidental Petroleum will sell its chemicals arm OxyChem to Warren Buffett's Berkshire Hathaway for $9.7 billion, the company said on Thursday, marking its biggest divestment yet to slash debt after ...

Warren Buffett's Berkshire Hathaway is in advanced talks to purchase Occidental Petroleum's petrochemical business, OxyChem, for about $10 billion. This potential acquisition would be Berkshire's ...

Occidental Petroleum Corporation (NYSE:OXY) shares are trading lower on Thursday. Berkshire Hathaway, Inc. (NYSE:BRK) (NYSE:BRK) agreed to acquire its OxyChem business for $9.7 billion in an all-cash ...

Warren Buffett's Berkshire Hathaway will acquire Occidental Petroleum's chemical division, OxyChem, for $9.7 billion, the companies announced on Thursday. The all-cash transaction is material for ...

Occidental Petroleum Corporation (NYSE: OXY) shares are trading higher on Monday after reports emerged that the company is in advanced talks to sell its OxyChem petrochemicals division for ...

Patton Fund Management Inc. acquired a new position in shares of Occidental Petroleum Corporation (NYSE:OXY – Free Report) during the 2nd quarter, Holdings Channel reports. The firm acquired 5,457 ...

Occidental Petroleum Corp. is in talks to sell its OxyChem petrochemical unit in a deal worth at least $10 billion, the Financial Times reported Sunday. The divestment would be the US company’s ...

Occidental Petroleum remains financially resilient, with strong cash flow and ongoing debt reduction, but faces significant exposure to oil price volatility. The company's lack of hedging, high debt ...