Occidental Petroleum Corporation has agreed to sell its OxyChem division to Berkshire Hathaway for $9.7 billion, a move aimed at streamlining operations and improving financial leverage, while Berkshire Hathaway gains a stable, cash-generating busin…
Occidental Petroleum’s stock price has plummeted due to analyst downgrades, prompting investors to reassess their investment strategy and review the company’s fundamentals.
Occidental Petroleum Corp’s stock price has been on a wild ride due to fluctuating oil prices and investor interest, with key players like Francis Chou and Berkshire Hathaway’s Warren Buffett taking bold bets on the company’s future.
Occidental Petroleum Corp reported a revenue of $646 million and exceeded earnings estimates in its second quarter 2025 financial results, while also making progress in reducing its debt through asset sales.
Occidental Petroleum exceeded analyst expectations in its Q2 2025 earnings report, with adjusted earnings of $396 million and revenue of $646 million, despite a decline in profit from the previous year.