Oxy to sell Colombia assets for $825 million

04:04pm, Thursday, 01'st Oct 2020
The $825 million sale will be a boon for the debt-laden Houston oil and gas company.
HOUSTON, Oct 01, 2020 (GLOBE NEWSWIRE via COMTEX) -- HOUSTON, Oct. 01, 2020 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced it has signed an...
HOUSTON, Oct 01, 2020 (GLOBE NEWSWIRE via COMTEX) -- Occidental (NYSE: OXY) today announced it has signed an agreement to sell its onshore assets in Colombia...
Gains were spread across tech, materials, industrials and retailers.
With so much uncertainty in the economy, it's highly unlikely that OXY stock will be viable until some next year at the earliest.
Occidental Petroleum will pay a $200 million quarterly dividend due to Berkshire Hathaway in cash instead of common stock on October 15, 2020.
The energy sector was taking a broad beating, enough to pace all of the S&P 500's undefined sectors in declines, amid a sharp drop in crude oil and natural...
Most of the oil patch is probably a "sell" and that's true of OXY stock.
The next phase of a carbon capture project feasibility study to commence following DOE funding.

Energy stocks see broad rally as oil prices jump

05:57pm, Wednesday, 16'th Sep 2020
Energy stocks enjoyed a broad rally Wednesday, with the sector posting the biggest gains among the S&P 500 undefined 11 key sectors, as oil prices jumped...
Many investors have gotten burned trying to buy energy too early. But now, a turnaround is finally coming for OXY stock.
With legendary investor Warren Buffett selling oil-market underperformer OXY stock, there's little incentive for anyone else to own it.
Stryker has revealed through regulatory filings that it has reached an agreement to sell its very competitive STAR total ankle portfolio to Colfax, but no financial terms have been revealed.
These oil companies are already fighting to survive.

4 Energy Stocks to Buy That Truly Stand Out

02:31pm, Friday, 11'th Sep 2020
Energy stocks continue to disappoint. But for investors still interested in the space, these four stocks have distinctive bull cases.
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