Warren Buffett's Berkshire Hathaway Inc. will buy Occidental Petroleum Corp.'s petrochemical business for about $9.7 billion in cash in a transaction expected to close in the fourth quarter. Matthew P
Vicki Hollub, Occidental Petroleum CEO, joins 'Squawk Box' to discuss Berkshire Hathaway's $9.7 billion deal to acquire the company's chemical business OxyChem, what the company plans to do with $9.7B
Warren Buffett may be signing off as CEO, but not before inking his largest deal in years. Berkshire Hathaway Inc (NYSE:BRK.A) is buying Occidental Petroleum Corp's (NYSE:OXY) chemical unit, OxyChem,
CNBC's Becky Quick reports on the latest news.
Berkshire will acquire the chemical business in an all-cash transaction.
HOUSTON, Oct. 02, 2025 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) announced today that its Board of Directors has promoted Richard A. Jackson to Senior Vice President and Chief Operating Officer, over
Occidental Petroleum said on Thursday it would sell its petrochemical division to Warren Buffett's Berkshire Hathaway for $9.7 billion, as the U.S. oil and gas producer looks to pare debt.
Warren Buffett is staying active even as he gets ready to hand over the CEO reins at the end of this year.

Berkshire Hathaway Inc. to Acquire OxyChem

07:00am, Thursday, 02'nd Oct 2025
OMAHA, Neb. & HOUSTON--(BUSINESS WIRE)--Berkshire Hathaway (NYSE: BRK) and Occidental (NYSE: OXY) today announced a definitive agreement for Berkshire Hathaway to acquire Occidental's chemical busines
Rob Thummel, Tortoise Capital senior portfolio manager, joins 'Power Lunch' to discuss a potential deal for Occidental, why Buffett doesn't ouright buy the company and much more.
Warren Buffett's Berkshire Hathaway Inc (NYSE:BRK.B) is nearing an agreement to buy OxyChem, a division of Occidental Petroleum Corp (NYSE:OXY), for about $10 billion, The Wall Street Journal rep
Berkshire Hathaway (BRK.A, BRK.B) is reportedly close to a $10 billion deal to buy the petrochemical division of Occidental Petroleum (OXY), in what would be the largest deal by Warren Buffett's cong
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.
CNBC's Becky Quick reports on the latest news.

Occidental Petroleum: Opportunity Knocks

01:44am, Wednesday, 01'st Oct 2025
Occidental Petroleum is considering selling its petrochemicals business if offered the right price. OXY has been steadily raising cash through asset sales. Rumors suggest Berkshire Hathaway may be the
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