bjdlzx Occidental Petroleum (NYSE:OXY) earnings elicited a big yawn from the market. Then again, many times, cost-cutting when commodity (and corresponding stock) prices are in the “yawn” range does not get a reaction from Mr. Market until they head back up again. For investors, doing your homework now on the long-term cost progress is likely…
nielubieklonu Occidental Petroleum (NYSE:OXY) is making strides in positioning itself for strength as a carbon-friendly oil producer as the firm further develops its full-cycle well enhancements through CO2 direct air capture and EOR for well enhancements. As the oil industry faces a flat-to-down oil market for eFY24 paired with easing inflationary pressures relating to production,…
CreativeNature_nl The only oil name Berkshire seems to love I haven’t delved into oil and gas names seriously for quite some time. I had been tricked in the past investing at the top of the cycle when Warren Buffett and Bill Gates both were buying Exxon (XOM) hand over fist. Oil was supposed to be…
Brandon Bell Investment Thesis As we enter 2024, Occidental Petroleum Corporation (NYSE:OXY) finds itself at a critical juncture, particularly after its momentous recent decision to acquire CrownRock. This move, a strategic expansion in the Permian basin, significantly shifts OXY’s operational dynamics. In our previous analysis, we explored why it’s worth waiting for a better entry…
imaginima Introduction The Houston-based EOG Resources, Inc. (EOG) announced its third quarter results on November 2, 2023, while Occidental Petroleum Corporation (OXY) released their Q3 on November 7, 2023. Note: I am a long-term EOG and OXY shareholder and have followed EOG and OXY on Seeking Alpha since 2016. As someone who invests in oil,…
Brandon Bell/Getty Images News December 11 ended up being a very interesting day for shareholders of energy giant Occidental Petroleum (NYSE:OXY). Shares of the company closed up about 1% after news broke that the company entered into an agreement to acquire privately owned CrownRock in a deal valued at $12 billion. According to management, this…
grandriver The pricing environment for energy producers like Occidental Petroleum (NYSE:OXY) has strengthened in recent months, in part because OPEC+ member countries like Saudi Arabia and Russia have extended significant oil production cuts until the end of the year. Higher petroleum prices are obviously a favorable development that is set to benefit Occidental Petroleum as…
imaginima Occidental Petroleum (NYSE:OXY) took full advantage of financial leverage through the acquisition of Anadarko. At first, this looked like an unmitigated disaster in fiscal year 2020 as oil prices went negative. Then it looked absolutely brilliant as oil prices careened past $100 a barrel. Now it is time to look at the long-term knowing…
Dimitrios Kambouris Investment Thesis Despite a Q2 2023 earnings slump attributed to market headwinds, Occidental Petroleum Corporation (NYSE:OXY) has positioned itself for a long-term solid performance by leveraging its diverse portfolio of assets and operational efficiency. The article explores the company’s strategic fundamentals (trifecta strategy), encompassing diverse assets, steady production climb, operational excellence, and commitment…