Occidental Financial News

05.10 / 12:09

COST ExxonMobil Chevron Clorox Occidental reports Stocks making the biggest moves premarket: Rivian, Clorox, Vestis, Chevron and more

In this article

02.10 / 19:19

Occidental Shell country Oil prices ‘too high’, India calls for higher production by Opec+

But this year, climate is looming large over the forum. Delegates at the annual Adipec summit in Abu Dhabi, which has been dominated by oil in its longrunning history, will devote a lot of their time to the energy transition. Chief executive officers of Shell Plc, TotalEnergies SE and Occidental Petroleum Corp., among others, will later Monday discuss plans for the energy transition.

02.10 / 09:59

CEO Occidental President Shell Watch live: Top oil CEOs join CNBC at ADIPEC to discuss the energy transition

In this article

16.09 / 18:47

Career CEO Mobile Chevron Occidental Shell BP CEO search is big oil's best chance to fix its gender problem

Exxon Mobil, Chevron, Shell, and BP have successfully adapted to countless societal changes over the last century — war, nationalisations, even the climate movement. But a major hurdle remains: Big oil has yet to appoint its first-ever female chief executive — something BP could soon change. This week, the 114-year old British oil company parted ways with its CEO Bernard Looney after multiple investigations found he failed to disclose several workplace relationships.

14.09 / 18:02

Extreme Career Apple Remark Occidental track Warren Buffett's company trims its investment in printer maker HP by selling 5.5 million shares

Warren Buffett's company sold off 5.5 million HP Inc. shares this week to trim a stake that it established just last year

07.09 / 12:31

COST UPS Microsoft Occidental rock Microsoft Will Use Carbon-Absorbing Rocks to Meet Climate Goals

Most of the world’s efforts to remove carbon from the atmosphere use giant, vacuum-like devices that suck in air and isolate the carbon. Microsoft is funding a new approach that uses crushed-up limestone to achieve the same result. The tech company said Thursday it agreed to buy credits from startup Heirloom Carbon for the removal of up to 315,000 metric tons of carbon dioxide over 10 years.

05.09 / 20:23

NASDAQ DOW Occidental EOG Stock Market Today: Dow ends lower as Treasury yields surge, but energy jumps

Investing.com — The Dow closed lower Tuesday, weighed down by rising Treasury yields, but a rally in energy stocks kept a lid on losses as oil prices climbed after major oil producers agreed to extend their oil production cuts.

05.09 / 19:47

NASDAQ DOW Occidental EOG 500 S&P 500 slips, but energy rally keeps lid on losses

Investing.com — The S&P 500 slipped Tuesday, but downside momentum was kept in check by a rally in energy stocks after major oil producers agreed to extend their oil production cuts offsetting China-fueled concerns about timid demand.

05.09 / 17:57

Oracle Occidental Halliburton PulteGroup Warner Bros EOG Stocks making the biggest moves midday: Halliburton, Warner Bros. Discovery, Oracle and more

Occidental Petroleum, Halliburton, EOG Resources — Shares of oil and gas companies were higher Tuesday after Saudi Arabia earlier extended its one million barrel per day voluntary crude oil production cut until the end of the year. Occidental Petroleum gained about 3.3%. Halliburton added 2.8% and EOG Resources rose 3.1%. The cut, which led oil prices higher during the day, adds to other voluntary crude output declines that some members of OPEC have put in place until the end of 2024.

20.08 / 02:37

COST Provident FIVE Extreme Occidental Celebrity BHP makes seven times its money on early carbon capture bet

BHP is set to bank a handy windfall on the back of Occidental Petroleum’s $US1.1 billion ($1.72 billion) acquisition of a Canadian carbon capture pioneer, but it won’t be enough to prevent Australia’s biggest company from reporting a substantial profit decline on Tuesday.

17.08 / 00:35

COST Occidental fall Colombia's Grupo Aval posts 75% fall in profit as bank margins fall

(Reuters) — Colombian financial conglomerate Grupo Aval reported a 75.4% year-over-year fall in net profit in the second quarter, according to a securities filing on Wednesday, despite a strong boost in interest income.

14.08 / 20:45

Waves SEC Occidental Lennar COF show Warren Buffett's Berkshire Hathaway buys 3 homebuilders in Q2

Warren Buffett's Berkshire Hathaway (NYSE:BRKa) made a few interesting moves in the second quarter, according to the firm's 13F with the SEC after the close of trading Monday. The most interesting trade was adding new positions in three homebuilders.

07.08 / 14:01

UPS Manufacturing Occidental performer Holdings Profits at Warren Buffett's firm reach $36B as stocks surge and its insurance holdings perform well

Profits rebounded at Warren Buffett’s conglomerate along with the value of its $353 billion stock portfolio in the second quarter to hit $35.9 billion

03.08 / 14:39

Chevron Occidental ConocoPhillips ConocoPhillips misses on quarterly profit, hikes full-year output forecast marginally

By Arathy Somasekhar and Mrinalika Roy

27.07 / 13:49

Provident Aware Action Mobile Occidental stage track Decarbonization in the Oil and Gas Sector: What Investors Should Know

Author's Publications

26.07 / 12:57

UPS FIVE Chevron Oracle Occidental love Warren Buffett lifts fossil fuel bets as global ESG push mints bargains

Warren Buffett’s multibillion-dollar purchases of oil and gas investments early in the pandemic paid off when the sector cranked out record earnings in 2022. But instead of selling out for a huge profit this year, the Oracle of Omaha wants more.

25.07 / 08:43

COST UPS Microsoft ExxonMobil Occidental show Can carbon removal become a trillion-dollar business?

Climeworks, a Swiss firm, Global Thermostat, a Californian one, and myriad startups worldwide, are attracting capital. Occidental plans to build 100 large-scale DAC facilities by 2035. Others are trying to mop up CO2 produced by power plants and industrial processes before it enters the atmosphere, an approach known as carbon capture and storage (CCS).

14.07 / 03:53

Provident Target ETF Cisco Occidental AT&T end 3 Underperforming Stocks That Could Stage an Impressive Year-End Comeback

State Street Global Advisors recently reported a staggering inflow of approximately $53 billion into equity ETFs during June. This influx represents the highest amount of money flowing into these funds since October of the previous year.

13.07 / 17:31

UPS Target Manufacturing Mobile Nucor Occidental Exxon Buys Pipeline Operator, Making Big Bet on Carbon

Exxon Mobil is paying almost $5 billion to buy Denbury, a pipeline operator that moves carbon dioxide, increasing its bet that it can make money collecting other companies’ emissions. The deal represents a slight premium for Dallas-based Denbury, which was valued at around $4.4 billion Wednesday. The company emerged from bankruptcy in 2020 and has benefited from the Biden administration’s signature climate bill by expanding its foothold in carbon capture and tapping into billions in government tax credits.

11.07 / 15:55

UPS CEO Chevron Occidental Berkshire Hathaway takes control of LNG facility as Buffett ups bet on energy infrastructure

Berkshire Hathaway Energy has agreed to purchase a 50% stake in the Cove Point liquefied natural gas facility for $3.3 billion in cash.

03.07 / 12:25

Progressive Manufacturing Airlines Apple Citigroup Tesla Occidental AstraZeneca fall Tesla, XPeng, Nio rise premarket; AstraZeneca, AMC Entertainment fall

Investing.com — U.S. futures inched lower at the start of a holiday-shortened week that includes the release of some key economic data, including the monthly employment report.

frequently asked questions about Occidental

What is Occidental and why is it relevant?

Occidental is a trending topic that is in the spotlight. On our site, we regularly publish articles related to this subject.

Where can I find the latest updates on Occidental?

All latest articles about Occidental can be found in the highlighted block. We publish information in a timely manner.

How can I verify the accuracy of information on Occidental?

We rely on trusted sources to ensure that the information about Occidental is reliable and valuable for our readers.