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Occidental Chemical plant in Kansas. Occidental Petroleum Corporation (often abbreviated Oxy in reference to its ticker symbol and logo) is an American company engaged in hydrocarbon exploration in the United States and the Middle East as well as petrochemical manufacturing in the United States, Canada, and Chile.
What does Oxy do? Occidental Petroleum is an integrated energy company. That means that it owns assets in the upstream (oil and natural gas production), midstream ( pipelines ), and downstream ...
Occidental Petroleum will partly finance the acquisition by selling off some of its assets. The company's priority will be getting its debt level down to $15 billion.
Warren Buffett hasn't said much about Occidental Petroleum in recent months.But Berkshire Hathaway's (BRK-A, BRK-B) actions have indicated plenty.The conglomerate has continued its steady buying ...
Occidental Petroleum produced $977 million, or $1 per share, of adjusted net income during the third quarter. Occidental Petroleum (NYSE: OXY) expected its acquisition of CrownRock to move the ...
Company Sector Ownership % Acquisition Date (YYYY/MM/DD) Acquisition Price Notes Acme Brick Company: Materials and Construction 100% 2000/08/01 [2] ~$600 Million ($4,392.65 Million 2017) [3] [4] Alleghany Corporation: Insurance 100% 2022/10/19 [5] $11.6 billion [5] Included Alleghany subsidiary Kentucky Trailer, which designs and manufacturers ...
Occidental (OXY) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Feb. 15—The Occidental Petroleum Corp.'s fourth quarter was highlighted by the acquisition of the Midland-based CrownRock Inc. for $12 billion and the $1.1-billion purchase of the Carbon ...