UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K ☑ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31, 2023 For the transition period from to ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission File Number 1-9210 Occidental Petroleum Corporation (Exact name of registrant as specified in its charter) | State or other jurisdiction of incorporation or organi ...

Occidental Petroleum Corp (NYSE:OXY) is set to report fourth-quarter earnings after the close on Thursday, Feb. 15. The equity was last seen up 1.1% to trade at $58.09 at last check, but is still under the 60-day moving average, despite a brief foray above the trendline in December. Shares are down 11.6% in the last 12 months, and also carry a slim year-to-date deficit.As far as as post-earnings reactions are concerned, OXY's history is less than stellar. The stock finished five of the past eight next-day s ...

Warren Buffett doesn't mind sitting on the sidelines. That's what he's doing for the most part these days. In 2023, he was a net seller of stocks.However, the legendary investor has added a few stocks to Berkshire Hathaway's portfolio in recent months. There's one that he seems to be especially excited about -- Occidental Petroleum (OXY -1.00%). Buffett is buying this dividend stock hand over fist. Should you?Aggressive buyingBuffett first initiated a position in Occidental in the third quarter of 2019. He ...

Berkshire Hathaway's (BRK.A 0.35%) (BRK.B 0.22%) 2022 re-entry into a position in oil giant Occidental Petroleum (OXY -1.00%) wasn't exactly expected. But investors didn't balk, either. Warren Buffett's owned plenty of energy stocks in the past, after all, and there's no denying the world remains dependent on crude oil.Buffett and his acolytes' decision to reopen an Occidental Petroleum trade -- and add to it in the meantime -- is looking increasingly brilliant. Demand for oil continues to grow despite the ...

As someone who has dabbled with high-stakes assets like cryptocurrencies or options trading, I can tell you that there’s a certain feeling of confidence with long-term stocks to buy that you just don’t get through extreme speculation.Recently, I shared my step-by-step account of trading Biomea Fusion (NASDAQ:BMEA) options. One element that I discovered was the intense emotions that are part and parcel of involvement in the derivatives market. Glued to the trading desk, I was zeroed in on every blip and ever ...

HOUSTON, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Occidental (NYSE:OXY) announced today that its Board of Directors declared a regular quarterly dividend of $0.22 per share on common stock, payable on April 15, 2024, to stockholders of record as of the close of business on March 8, 2024. On an annual basis, the dividend is $0.88 per share at the new rate, compared to the previous annual rate of $0.72 per share. About Occidental Occidental is an international energy company with assets primarily in the United Stat ...

Occidental Petroleum (OXY) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Fe ...

The esteemed investor Warren Buffett, serving as Chairman of Berkshire Hathaway (NYSE: BRKA, BRKB), has significantly broadened the company’s extensive portfolio through the acquisition of further shares in the Occidental Petroleum Corp (NYSE: OXY).Executed on February 5, the transaction involved acquiring 4,302,324 shares at a trading price of $57.29 each, amounting to $245.9 million. This led to Berkshire Hathaway’s total holdings in the company reaching 248,018,128 shares, filed with SEC.Berkshire Hathaw ...

Occidental CEO Vicki Hollub speaks at the panel dicscussion during the Abu Dhabi International Petroleum Exhibition and Conference held at ADNEC Exhibition Center on October 2, 2023.The oil market will face a supply shortage by the end of 2025 as the world fails to replace current crude reserves fast enough, Occidental CEO Vicki Hollub told CNBC Monday.About 97% of the oil produced today was discovered in the 20th century, she said. The world has replaced less than 50% of the crude produced over the last de ...

Occidental Petroleum (OXY) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this oil and gas exploration and production company have returned -1.9%, compared to the Zacks S&P 500 composite's +3.3% change. During this period, the Zacks Oil and Gas - Integrated - United States industry, which Occidental falls in, has lost 1.2%. The key question now is: What ...