Workflow
OXY(OXY)
icon
Search documents
Energy Transfer: When It Rains Gold, Put Out The Bucket
Seeking Alpha· 2025-10-13 15:25
Core Insights - Warren Buffett's recent acquisition of OxyChem from Occidental Petroleum signifies his long-term bullish outlook on the company and the industry [2] Group 1: Investment Strategy - iREIT+HOYA Capital focuses on income-producing asset classes that provide sustainable portfolio income, diversification, and inflation hedging [1] Group 2: Analyst Position - The analyst has a beneficial long position in the shares of ET, indicating confidence in the stock's performance [3]
What Will Warren Buffett's Last Deal Mean for the Future of Berkshire Hathaway?
The Motley Fool· 2025-10-13 07:35
Core Insights - Warren Buffett's likely final acquisition is the purchase of Occidental Petroleum's petrochemical unit, OxyChem, for $9.7 billion, marking his first major deal since 2022 [1][3] - The acquisition is seen as a win-win for both Berkshire Hathaway and Occidental Petroleum, enhancing Berkshire's portfolio while aiding Occidental in its debt reduction efforts [2][6] Company Overview - OxyChem is a leader in its sector, producing essential commodity chemicals for various industries, which positions it for steady cash flows even in volatile markets [4] - The acquisition is expected to contribute approximately $325 million in annual EBITDA starting next year due to recent investments in facility upgrades [4] Financial Position - Berkshire Hathaway holds nearly 265 million shares of Occidental Petroleum, valued at over $11 billion, making it a significant part of its investment portfolio [5] - The cash position of Berkshire Hathaway reached nearly $344 billion by the end of the second quarter, providing ample resources for future acquisitions [7][8] Future Strategy - Incoming CEO Greg Abel will inherit a strong cash position, allowing for potential large-scale acquisitions or shareholder returns [9][10] - The company has not returned cash to investors this year, maintaining its focus on strategic acquisitions rather than dividends or share repurchases [8] Long-term Outlook - The acquisition of OxyChem strengthens Berkshire Hathaway's financial foundation and positions it for future growth under new leadership [11][12] - Buffett's disciplined cash management has left the company well-prepared for future opportunities, ensuring flexibility in its strategic direction [12]
97亿美元!巴菲特再度收购化工资产
Zhong Guo Hua Gong Bao· 2025-10-13 02:13
西方石油表示,计划将交易所得中的65亿美元用于偿债,目标将债务降至150亿美元以下。西方石油在 2024年结束时负债约240亿美元,并在2025年上半年宣布了近40亿美元的资产剥离计划。 这是巴菲特第二次对化工行业押下重注。早在2011年,伯克希尔就以近百亿美元收购了特种化学品生产 商路博润。 10月2日,巴菲特旗下伯克希尔-哈撒韦宣布,将以97亿美元的现金收购西方石油公司化工子公司 OxyChem。该交易预计将在第四季度完成。 OxyChem几乎所有的生产资产都位于北美,是北美最大的氯碱和聚氯乙烯生产商之一。2024年, OxyChem收益为11亿美元,销售额为49亿美元。 伯克希尔自2019年起多次投资西方石油,当前持股约28%,是其最大股东。此次收购被视为其帮助西方 石油缓解债务压力的举措,同时扩展伯克希尔在化工领域的布局。 ...
OXY to Sell OxyChem to Berkshire for $9.7B, Utilize Funds to Cut Debts
ZACKS· 2025-10-10 17:16
Key Takeaways Occidental signed a $9.7B deal to sell OxyChem to Berkshire, expected to close in Q4 2025.OXY plans to use $6.5B from the sale to cut debt below $15B, easing interest expenses.The company has already repaid $7.5B in 13 months, reducing annual interest costs by $410M.Occidental Petroleum ((OXY) recently signed a definitive agreement with Berkshire Hathaway ((BRK.B) to sell its chemical business, OxyChem, for $9.7 billion. OxyChem is a global producer of essential commodity chemicals used in a w ...
OXY(OXY) - 2025 Q3 - Quarterly Results
2025-10-10 11:15
[FORM 8-K Filing Details](index=1&type=section&id=FORM%208-K%20Filing%20Details) This section provides an overview of the Form 8-K filing, including registrant identification, registered securities, and emerging growth company status [Registrant and Filing Information](index=1&type=section&id=Registrant%20and%20Filing%20Information) This section provides the core identification details for the registrant, Occidental Petroleum Corporation, including its jurisdiction, address, and the date of the current report filing - The filing is a **Form 8-K Current Report** for Occidental Petroleum Corporation, filed on **October 10, 2025**[1](index=1&type=chunk) - The registrant's principal executive offices are located at **5 Greenway Plaza, Suite 110, Houston, Texas 77046**, with a telephone number of **(713) 215-7000**[1](index=1&type=chunk) [Securities Registered](index=1&type=section&id=Securities%20Registered) This part details the specific classes of securities registered by Occidental Petroleum Corporation under Section 12(b) of the Securities Exchange Act of 1934, along with their trading symbols and the exchanges on which they are registered Securities Registered Pursuant to Section 12(b) of the Act | Title of Each Class | Trading Symbol(s) | Name of Each Exchange on Which Registered | | :------------------ | :---------------- | :---------------------------------------- | | Common Stock, $0.20 par value | OXY | New York Stock Exchange | | Warrants to Purchase Common Stock, $0.20 par value | OXY WS | New York Stock Exchange | [Emerging Growth Company Status](index=1&type=section&id=Emerging%20Growth%20Company%20Status) This section clarifies Occidental Petroleum Corporation's status regarding the 'emerging growth company' definition as per the Securities Act of 1933 and the Securities Exchange Act of 1934 - Occidental Petroleum Corporation is **not an emerging growth company**[3](index=3&type=chunk) [Reported Events](index=3&type=section&id=Reported%20Events) This section details significant events, including the release of earnings considerations and a list of accompanying financial statements and exhibits [Item 2.02 Results of Operations and Financial Condition](index=3&type=section&id=Item%202.02%20Results%20of%20Operations%20and%20Financial%20Condition) Occidental Petroleum Corporation announced the release of 'Earnings Considerations' on October 10, 2025, which summarize factors management believes will impact the company's third quarter 2025 results. This information is furnished as Exhibit 99.1 and is not considered 'filed' for certain legal purposes - On **October 10, 2025**, Occidental Petroleum Corporation provided **'Earnings Considerations'** outlining factors expected to impact its **third quarter 2025 results**[4](index=4&type=chunk) - The 'Earnings Considerations' are furnished as **Exhibit 99.1** to this Current Report on Form 8-K[4](index=4&type=chunk) - The information in this report and Exhibit 99.1 is **not deemed 'filed'** for purposes of Section 18 of the Securities Exchange Act of 1934[5](index=5&type=chunk) [Item 9.01 Financial Statements and Exhibits](index=3&type=section&id=Item%209.01%20Financial%20Statements%20and%20Exhibits) This section lists the exhibits included with the Form 8-K filing, specifically identifying the Third Quarter 2025 Earnings Considerations and the Cover Page Interactive Data File Exhibits to Form 8-K | Exhibit No. | Description | | :---------- | :---------- | | 99.1 | Occidental Petroleum Corporation Third Quarter 2025 Earnings Considerations | | 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | [Signature](index=4&type=section&id=Signature) This section confirms the official signing of the report by an authorized officer of Occidental Petroleum Corporation [Authorized Signatory](index=4&type=section&id=Authorized%20Signatory) This section confirms the official signing of the report on behalf of Occidental Petroleum Corporation by an authorized officer, including their name, title, and the date of signing - The report was signed on **October 10, 2025**, by **Christopher O. Champion**[10](index=10&type=chunk) - Christopher O. Champion holds the titles of **Vice President, Chief Accounting Officer and Controller** for Occidental Petroleum Corporation[10](index=10&type=chunk)
Occidental to Announce Third Quarter Results Monday, November 10, 2025; Hold Conference Call Tuesday, November 11, 2025
Globenewswire· 2025-10-09 20:15
HOUSTON, Oct. 09, 2025 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) will announce its third quarter 2025 financial results after close of market on Monday, November 10, 2025, and will hold a conference call to discuss the results on Tuesday, November 11, 2025, at 1 p.m. Eastern/12 p.m. Central. The conference call may be accessed by calling 1-866-871-6512 (international callers dial 1-412-317-5417) or via webcast at oxy.com/investors. Participants may pre-register for the conference call at https://dpregister ...
Occidental Petroleum Corporation's Strategic Moves and Market Outlook
Financial Modeling Prep· 2025-10-09 19:10
Core Insights - Occidental Petroleum Corporation is focusing on its core operations by selling its chemical division, OxyChem, for $9.7 billion [1][5] - Scotiabank has set a price target of $47 for Occidental's stock, indicating a potential increase of about 5.16% from its current price [2][5] - The company plans to utilize $6.5 billion from the OxyChem sale to pay off debt, which is aimed at strengthening its financial position and enhancing shareholder returns [3][5] Financial Overview - The market capitalization of Occidental stands at approximately $44.08 billion, indicating its significant presence in the oil and gas industry [4] - The trading volume for the stock today is 4,251,557 shares, reflecting strong investor interest [4] - The stock has experienced fluctuations, with a yearly high of $55.24 and a low of $34.78, showing volatility in its market performance [2]
We Disagree With Mr. Market On Occidental Petroleum
Seeking Alpha· 2025-10-09 14:21
Retirement is complicated and you only get one chance to do it right. Don't miss out because you didn't know what was out there.The Retirement Forum provides actionable ideas, a high-yield safe retirement portfolio, and macroeconomic outlooks, all to help you maximize your capital and your income. We search the entire market to help you maximize returns.Occidental Petroleum Corporation (NYSE: NYSE: OXY ) is a major petrochemical firm, with an almost $45 billion market capitalization. That's after the major ...
Occidental Petroleum: My Take On The OxyChem Deal (NYSE:OXY)
Seeking Alpha· 2025-10-09 14:15
Are you an investor looking for quality research within the oil and gas industry? Energy Investing Authority is the source. While commodity prices are up and so too are shareholder dividends, it can be easy to chase yield and buy the wrong firms. Income investors cannot afford those mistakes.Deep dive analysis forms the foundation of the platform. Hundreds of companies fall under the coverage universe, from pipelines to renewables to producers. Receive actionable research to keep your portfolio outperformin ...
3 Values In An Overbought Market
Seeking Alpha· 2025-10-08 16:18
Live Chat on The Biotech Forum sees frequent discussion of specific covered call trades. To see what covered call trades I am currently executing along with a model portfolio of attractive biotech stocks, just initiate your free trial into The Biotech Forum by clicking HERE .My regular readers know I believe the overall market is in extremely overbought territory. That said, the market indexes continue to trade at/near all-time highs and are showing resiliency despite a current government shutdown and a cle ...