Vancouver, British Columbia – TheNewswire - September 15, 2025 - Element79 Gold Corp. (CSE: ELEM) (FSE: 7YS0) (OTC: ELMGF) (the "Company" or “Element79”) announces that its Board of Directors has accepted the resignation of Ms. Zara Kanji as Director of the Company, effective immediately. The Board and management thank Ms. Kanji for her valuable contributions to the Company and wish her the very best in her current and future endeavors.At the same time, the Board is pleased to announce the appointment of M ...

CHONGQING, CHINA - JULY 31: In this photo illustration, a person holds a smartphone displaying the logo of Occidental Petroleum Corporation (NYSE: OXY), a major American oil and gas exploration and production company, in front of a screen showing the company's emblem on July 31, 2025 in Chongqing, China. (Photo illustration by Cheng Xin/Getty Images)Getty Images Occidental Petroleum stock (NYSE: OXY) has faced challenges this year. The stock has declined by 9%, while the S&P 500 rose by 18%. This stark diff ...

Core Insights - The analyst has over 10 years of experience researching more than 1000 companies across various sectors including commodities and technology [1] - The focus has shifted from blogging to a value investing-oriented YouTube channel, emphasizing research on hundreds of companies [1] - The analyst shows a particular interest in metals and mining stocks, while also being knowledgeable in consumer discretionary, staples, REITs, and utilities [1]

Core Insights - The analyst has over 10 years of experience researching more than 1000 companies across various sectors, including commodities and technology [1] - The focus has shifted to a value investing-oriented YouTube channel, emphasizing metals and mining stocks while also covering other industries like consumer discretionary, REITs, and utilities [1] Company and Industry Summary - The analyst expresses a preference for covering metals and mining stocks, indicating a strong interest in this sector [1] - The research includes a wide range of industries, showcasing versatility in analyzing different market segments [1]

Core Insights - Occidental Petroleum stands out in Warren Buffett's portfolio due to its solid management, competitive profit margins, and reliable dividend yield of 2.1% [3][14] - Despite challenges in the oil industry, including falling oil prices, Occidental continues to attract investment from Berkshire Hathaway, which holds a 26.9% stake and has regulatory approval to increase its ownership to 50% [3][11] Company Overview - Occidental Petroleum is one of the largest gas and oil producers in the U.S., with operations in the Denver-Julesberg and Permian basins, as well as offshore in the Gulf of Mexico, North Africa, and the Middle East [5] - The company operates across upstream energy production, midstream pipelines, and downstream chemicals and refining, maintaining competitive profit margins compared to larger rivals like ExxonMobil and Chevron [6] Financial Performance - In the second quarter, Occidental reported a net income of $288 million, or $0.26 per share, down from $992 million and $1.03 per share a year ago [9] - The company produced 604 million barrels of oil in the quarter, an increase from 553 million a year ago, but the average price per barrel fell 9% to $63.76 [9] Investment Strategy - Buffett's interest in Occidental began in 2019 with a $10 billion investment in preferred stock to finance the acquisition of Anadarko Petroleum, despite the need to cut dividends at that time [10] - Berkshire Hathaway has been steadily acquiring shares of Occidental, with significant purchases made in 2022 and 2023, reflecting confidence in the company's management and long-term prospects [11][13] Market Context - The oil industry is facing challenges, with oil prices dropping from over $110 per barrel in 2022 to around $65 currently, with expectations of further declines [8] - Despite the current downturn, Occidental's long-term investment narrative remains strong, supported by its growing dividend and effective management [14]

Group 1 - WTI and Brent crude oil futures both fell by approximately 2%, leading to a decline in oil and gas stocks [1] - Companies such as ConocoPhillips and Devon Energy dropped over 2%, while Western Oil, Murphy Oil, ExxonMobil, and Chevron fell by more than 1% [1] - OPEC+ is expected to consider further increasing oil production in their upcoming meeting, potentially lifting an additional 1.65 million barrels per day, which represents 1.6% of global demand, ahead of the original schedule by more than a year [1]

Group 1 - Raymond James raised the target price for Occidental Petroleum from $50 to $58, maintaining an "Outperform" rating [1]

Industry Overview - The Zacks Oil-Energy sector presents a strong long-term investment case due to vast shale reserves, advanced extraction methods, and resilient global energy demand [1] - Breakthroughs like hydraulic fracturing and horizontal drilling have established the U.S. as a global leader in oil and natural gas production and exports [1][2] Company Analysis: Occidental Petroleum (OXY) - Occidental Petroleum is supported by a diversified portfolio, solid free cash flow generation, and a strategic focus on low-carbon solutions [4] - The company benefits from its dominant position in the Permian Basin and international assets, delivering consistent production and reliable earnings [4] - OXY's capital management, ongoing debt reduction, and commitments to carbon capture initiatives enhance its long-term growth potential [4] - The current ROE for OXY is 13.78%, outperforming FANG's ROE of 9.48% [14] - OXY plans to invest between $7.1 billion and $7.3 billion in 2025 to strengthen operations [13] - OXY's stock gained 16.4% in the past three months, outperforming FANG's 10.9% and the sector's 8.8% [8][17] Company Analysis: Diamondback Energy (FANG) - Diamondback Energy is positioned as a leading independent producer with a high-quality asset base and efficient operations [5] - The company maintains a disciplined capital strategy that prioritizes shareholder returns through dividends and share repurchases [5] - FANG's debt to capital stands at 26.09%, lower than OXY's 39.22% and better than the S&P 500 level of 38.33% [11] - The dividend yield for Diamondback is currently 2.72%, higher than OXY's 2.05% and the S&P 500's yield of 1.48% [16] Comparative Analysis - Both companies are leveraging technology and operational efficiencies to maximize recovery and reduce emissions [3] - OXY appears to have a marginal edge over FANG due to its wider capital expenditure plan, cheaper valuation (5.56X EV/EBITDA compared to FANG's 6.62X), better ROE, and stronger share price return [15][21] - The Zacks Consensus Estimate indicates a decline in earnings for both companies, with OXY projected to decline by 3.48% for 2025 and 10.32% for 2026, while FANG is expected to decline by 2.14% for 2025 and increase by 0.35% for 2026 [7][9]

Core Insights - Occidental Petroleum Corporation (OXY) has significantly reduced its debt by $7.5 billion over the past 13 months, resulting in annual interest expense savings of $410 million, which enhances its financial health and flexibility [1][8] - The company is focusing on a leaner capital structure to better manage commodity price volatility and redirect capital towards high-return projects, thereby boosting investor confidence [2][5] - Management plans to continue this strategy with a $950 million sale of non-core assets, which will further reduce obligations and strengthen the company's long-term financial foundation [3][4] Financial Performance - Occidental's shares have increased by 14.1% in the past three months, outperforming the Zacks Oil and Gas-Integrated-United States industry's growth of 10.3% [7][8] - The current trailing 12-month Enterprise Value/Earnings before Interest Tax Depreciation and Amortization (EV/EBITDA TTM) for Occidental is 5.52X, which is higher than the industry average of 4.71X, indicating that the shares are trading at a premium [10] Sales Estimates - The Zacks Consensus Estimate for Occidental's 2025 sales indicates a year-over-year decline of 0.86%, while the 2026 estimate suggests a slight increase of 1% [12] - Current sales estimates for the upcoming quarters and years are as follows: - Q3 2025: $6.64 billion - Q4 2025: $6.71 billion - Full Year 2025: $26.65 billion - Full Year 2026: $26.92 billion [13]

Group 1 - Citigroup raised the target price for shale oil producer Occidental Petroleum from $44 to $49 while maintaining a "Neutral" rating [1]