Vicki Hollub

Despite reporting a mixed fourth quarter, Occidental Petroleum Corp. (NYSE:OXY) reduced its near-term debt seven months ahead of schedule during the period. The company also set an ambitious target of further debt reduction during the first quarter of 2025. What Happened: The president and CEO of...

Warren Buffet has said he and Berkshire Hathaway would not take a controlling interest in Occidental Petroleum (NYSE: OXY), and that's smart. Oxy has a capable CEO who has the company on the right track. That is evidenced by Buffet's remarks, specifically his comments about preferred stock...

Occidental Petroleum Corp (NYSE: OXY) shares are trading lower in Monday’s after-hours session after the company reported worse-than-expected earnings results. What Happened: Occidental reported fourth-quarter revenue of $8.33 billion and adjusted earnings per share of $1.61,...

Anadarko Petroleum Corporation (NYSE: APC) soared 11 percent Wednesday morning after finding itself back in a bidding war. What Happened Occidental Petroleum Corporation (NYSE: OXY) raised its offer from $70 to $76 per share to compete with Chevron Corporation (NYSE: CVX)’s $65 per share,...

JPMorgan’s Phil Gresh likes Occidental Petroleum Corporation (NYSE: OXY)'s “combination of offense and defense,” and mentioned that the stock valuation currently prices in the medium-term expectations. Gresh downgraded the rating on the company from Overweight to Neutral, while...