Occidental Petroleum Corp (NYSE:OXY)

Short Sellers Don’t Believe Low Crude Prices Will Last

Posted: June 12, 2019 at 8:35 am

Crude oil traded at around $52 a barrel early Wednesday. Over the past month, the price of West Texas Intermediate (WTI) crude for July delivery has dropped from a high ...
Read Full Story »

As Yields Plunge to Lows, 4 Blue Chips Sport Incredible 6% Dividends

Posted: May 30, 2019 at 7:00 am

For the first time in a very long time, the federal funds rate of 2.5% is higher than the yield on the 10-year Treasury, which is at a 20-month low ...
Read Full Story »

Short Sellers Double Their Positions in One Energy Stock

Posted: May 28, 2019 at 8:15 am

Crude oil traded at around $59 a barrel early Tuesday. Over the past month, the price of West Texas Intermediate (WTI) crude for July delivery has dropped from around $64 ...
Read Full Story »

Top Analyst Upgrades and Downgrades: Cisco, Deere, Dillard’s, J&J, L3, Macy’s, Occidental Petroleum, SunRun, Valero and More

Posted: May 16, 2019 at 8:54 am

Stocks have continued to firm up after Monday's big sell-off as trade war tensions continue to escalate with China. Stocks were indicated to open slightly higher on Thursday as well, ...
Read Full Story »

Warren Buffett & Berkshire Hathaway Make Key Changes to 2019 Stock Picks

Posted: May 15, 2019 at 5:19 pm

Berkshire Hathaway Inc. (NYSE: BRK-A) has released its public equity holdings as of March 31, 2019. Warren Buffett still runs Berkshire Hathaway and, as he is one of the richest ...
Read Full Story »

Why Short Sellers Jumped on 2 Energy Stocks

Posted: May 10, 2019 at 8:10 am

Crude oil traded at around $61.98 a barrel early Friday. Over the past month, the price of West Texas Intermediate (WTI) crude has dipped from about $64 to around $62 ...
Read Full Story »

Why Chevron Let Anadarko Get Away

Posted: May 9, 2019 at 1:10 pm

In an announcement that should have surprised no one, Chevron Corp. (NYSE: CVX) said Thursday it would not counter a proposal from Occidental Petroleum Corp. (NYSE: OXY) to acquire Anadarko ...
Read Full Story »

Why Chevron Could Be Eyeing These 4 Companies After Losing Anadarko Bid

Posted: May 8, 2019 at 7:15 am

It’s all but a given now that Anadarko Petroleum Corp. (NYSE: APC) will accept the takeout offer from Occidental Petroleum Corp. (NYSE: OXY) and with good reason. The cash portion ...
Read Full Story »

Clock Now Ticking on Chevron’s Offer for Anadarko

Posted: May 7, 2019 at 10:10 am

After markets closed Monday, the Anadarko Petroleum Corp. (NYSE: APC) announced that it had determined that the acquisition offer it had received on Sunday from Occidental Petroleum Corp. (NYSE: OXY) ...
Read Full Story »

Why Occidental Added More Cash to Offer for Anadarko

Posted: May 6, 2019 at 8:30 am

The board of directors of Occidental Petroleum Corp. (NYSE: OXY) on Sunday announced that it had revised its offer to acquire Anadarko Petroleum Corp. (NYSE: APC) by boosting the cash ...
Read Full Story »

With $21.66 Billion in Q1 Net Income, Berkshire Hathaway’s Share Buybacks Remain Muted

Posted: May 4, 2019 at 10:35 am

This weekend marked the "Stockpalooza" event for investors, which of course is the annual meeting for Berkshire Hathaway Inc. (NYSE: BRK-A). Warren Buffett and team had reported a dismal fourth ...
Read Full Story »

Berkshire Hathaway Jumps Into Occidental-Chevron Battle to Acquire Anadarko, With Caveats

Posted: April 30, 2019 at 9:55 am

The fight between Occidental Petroleum Corp. (NYSE: OXY) and Chevron Corp. (NYSE: CVX) to acquire Anadarko Petroleum Corp. (NYSE: APC) just took a serious turn. Warren Buffett and Berkshire Hathaway ...
Read Full Story »

Top Analyst Upgrades and Downgrades: AbbVie, Adobe, Amex, Intel, 3M, Microsoft, SAP, Shopify, Sprint, Target and More

Posted: April 29, 2019 at 8:50 am

Stocks were indicated to open mildly lower on Monday, but no direction seems clear because the losses were less than 0.1% on all three major index futures. The S&P 500 ...
Read Full Story »

Why Is Anadarko Talking to Occidental Again?

Posted: April 29, 2019 at 8:20 am

Anadarko Petroleum Corp. (NYSE: APC) said Monday morning that it intends to resume negotiations with Occidental Petroleum Corp. (NYSE: OXY) as a result of Oxy's offer to pay more for ...
Read Full Story »

Short Sellers Remain Cool to Energy Stocks

Posted: April 26, 2019 at 10:45 am

Crude oil traded at around $64.05 a barrel early Friday. Over the past month, the price of West Texas Intermediate (WTI) crude has risen from about $60 to around $64 ...
Read Full Story »