US6745991058 - Common Stock
OCCIDENTAL PETROLEUM CORP
NYSE:OXY (12/20/2024, 8:04:00 PM)
After market: 47.65 +0.52 (+1.1%)47.13
+1.77 (+3.9%)
Occidental Petroleum Corp. engages in the exploration and production of oil and natural gas. The company is headquartered in Houston, Texas and currently employs 12,570 full-time employees. The firm is an oil and gas producer in the United States, including a producer in the Permian and DJ basins, and the offshore Gulf of Mexico. The company operates through three segments: oil and gas, chemical and midstream and marketing. The oil and gas segment explores for, develops, and produces oil (which includes condensate), natural gas liquids (NGL) and natural gas. The chemical segment primarily manufactures and markets basic chemicals and vinyls. The midstream and marketing segment purchases, markets, gathers, processes, transports, and stores oil (which includes condensate), NGL, natural gas, carbon dioxide (CO2) and power. The midstream and marketing segment provides flow assurance and maximizes the value of its oil and gas. The company also optimizes its transportation and storage capacity and invests in entities that conduct similar activities.
OCCIDENTAL PETROLEUM CORP
5 Greenway Plaza, Suite 110
Houston TEXAS 77046
P: 17132157000
CEO: Vicki Hollub
Employees: 12570
Website: https://www.oxy.com/
Berkshire Hathaway Inc. purchased Occidental Petroleum Corp. shares for the first time in six months, adding to a bet that has billionaire investor Warren Buffett nursing a rare loss since first buying common stock two years ago.
Major U.S. indexes gained at midday Friday after the Federal Reserve’s favored measure of inflation came in below estimates.
Unusual volume S&P500 stocks in Friday's session
These are the stocks posting the largest moves in midday trading.
Warren Buffett's Berkshire Hathaway has added to its holdings of Occidental Petroleum and SiriusXM, sending shares of both companies higher Friday.
Wall Street was back in the soup Friday morning but trimming some losses on a cooler inflation reading.
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