Berkshire Hathaway is in talks to buy Occidental Petroleum's petrochemical unit for about $10 billion, the Wall Street Journal reported on Tuesday citing people familiar with the matter.
Warren Buffett's sprawling conglomerate could unveil its largest deal in years in the coming days.
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
In the most recent trading session, Occidental Petroleum (OXY) closed at $48.1, indicating a +1.33% shift from the previous trading day.
The oil and gas producer is in talks to sell its OxyChem business for at least $10 billion, says a report.
Occidental Petroleum is negotiating the sale of its OxyChem division, a transaction that could value the unit at a minimum of $10 billion, the Financial Times reported on Sunday.
Softer crude prices, slowing production growth and mounting renewable demand are making the prospects for the Zacks Oil & Gas US Integrated industry gloomy. ConocoPhillips (COP), Occidental (OXY) and
Occidental Petroleum (OXY) closed at $46.42 in the latest trading session, marking a +1.44% move from the prior day.

Thoughts On Midstream Energy Firms

07:15am, Tuesday, 23'rd Sep 2025
Midstream energy firms offer attractive income investments, with business models and financial structures impacting growth, valuation, and yield opportunities. MLPs like EPD and MPLX are discounted ve
DVN and OXY remain strong performers in the oil and gas sector, with a significant position in the Permian Basin.
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.
Occidental Petroleum (OXY) reached $47.19 at the closing of the latest trading day, reflecting a -1.19% change compared to its last close.
Shares of Occidental Petroleum (OXY 4.93%) rallied 5% on Tuesday as oil prices rose.

The Turnaround Powering Occidental Petroleum

12:18pm, Tuesday, 16'th Sep 2025
Occidental Petroleum Corporation boosted production 14.8% YoY to 1.395 million BOE/day while keeping absolute operating costs unchanged. Per-barrel domestic lease operating costs fell to $8.55 in Q2-F
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