There's arguably no company in the world that's better at marketing and branding than Coca-Cola. Occidental Petroleum looks like most of its peers on the surface.
The oil market continues to look for direction. After running up above $85 a barrel to start the year, West Texas Intermediate crude oil, the American standard, is back below $80 as tensions in the Mi
Lower oil and gas prices weighed on Occidental Petroleum's first-quarter results. The company sees several catalysts driving free-cash-flow growth in the future.
Blue-chip stocks are generally associated with slow and steady returns. However, there can be exceptions when blue-chip stocks move like growth stocks.
Occidental Petroleum Chief Executive Vicki Hollub on Wednesday said the company hopes to close the acquisition of shale oil producer CrownRock before the second-quarter earnings call, which typically

The 3 Best Oil & Gas Stocks to Buy in May 2024

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Amidst the volatility, crude oil has mainly remained sideways in the last 12 months. The reason is macroeconomic headwinds.
Occidental's (OXY) first-quarter earnings are better than expected. Total production volumes are within guidance.
Occidental Petroleum (OXY) came out with quarterly earnings of $0.65 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $1.09 per share a year ago.
Occidental Petroleum beat estimates for first-quarter profit on Tuesday as the oil-and-gas firm benefited from higher oil prices.

Occidental Announces First Quarter 2024 Results

04:15pm, Tuesday, 07'th May 2024
HOUSTON, May 07, 2024 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced its first quarter 2024 financial results. The earnings release and accompanying financial schedules can be accessed via
Investors are continuously searching for undervalued asset classes and investment ideas. This translates into a quick money flow between asset classes and stocks toward value.
Occidental's (OXY) first-quarter earnings are likely to have benefited from stable production volumes, an improvement in oil price and zero-routine flaring.
Analysts predict Occidental Petroleum earnings and revenue declines in the first quarter.
Occidental Petroleum has put some of its assets in the Permian Basin up for sale. The oil company plans to sell up to $6 billion in assets following its pending acquisition of CrownRock.
Berkshire has amassed a substantial position in Occidental Petroleum. Despite huge unrealized gains, Berkshire has retained its position.
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