$OXY

OCCIDENTAL PETROLEUM CORP /DE/

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4
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No SEC Form 4 filings for $OXY in the last 30 days.

See all $OXY insider activity →
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Why Berkshire Hathaway sold oil and bought Delta Air Lines

Berkshire Hathaway reduced its Chevron stake by 1/3 in Q1 2024, then acquired a $2.6B stake in Delta Air Lines, adding 44% more in Q2. Delta now represents 1% of Berkshire's portfolio, valued at $5.4B. Berkshire still holds over $30B in Chevron and Occidental.

Here Are Tuesday’s Top Wall Street Analyst Research Calls: Broadcom, Conoco Phillips, HubSpot, MercadoLibre, Moderna, Occidental Petroleum, PNC Financial, Trimble, and More

Wall Street analysts updated ratings for several companies. Broadcom (AVGO) was upgraded to Buy with a $400 target. HubSpot (HUBS) was downgraded to Neutral with a $310 target. EQT (EQT) announced a $13B acquisition of Range Resources (RRC). Bitcoin (BTC) traded at $79,830, Ethereum (ETH) at $2,313. Fed meeting awaited for rate decisions.

OXY sentiment & insider activity

Over the past 7 days, AlphAI's AI scored 7 news stories mentioning OXY (OCCIDENTAL PETROLEUM CORP /DE/). Coverage has skewed bullish: 3 bullish, 4 neutral, and 0 bearish.

Recent OXY coverage spans financial news, market movers and corporate actions.

What's driving OXY

AlphAI scores every news story that mentions OXY with an AI model for sentiment and relevance, and aggregates insider trades from OCCIDENTAL PETROLEUM CORP /DE/'s SEC EDGAR Form 4 filings. Figures refresh continuously.

News on $OXY

Score
$DALMed

Why Berkshire Hathaway sold oil and bought Delta Air Lines

Berkshire Hathaway reduced its Chevron stake by 1/3 in Q1 2024, then acquired a $2.6B stake in Delta Air Lines, adding 44% more in Q2. Delta now represents 1% of Berkshire's portfolio, valued at $5.4B. Berkshire still holds over $30B in Chevron and Occidental.

$AVGOLow

Here Are Tuesday’s Top Wall Street Analyst Research Calls: Broadcom, Conoco Phillips, HubSpot, MercadoLibre, Moderna, Occidental Petroleum, PNC Financial, Trimble, and More

Wall Street analysts updated ratings for several companies. Broadcom (AVGO) was upgraded to Buy with a $400 target. HubSpot (HUBS) was downgraded to Neutral with a $310 target. EQT (EQT) announced a $13B acquisition of Range Resources (RRC). Bitcoin (BTC) traded at $79,830, Ethereum (ETH) at $2,313. Fed meeting awaited for rate decisions.

$DVNHigh

Oil Stocks Rally as WTI Crude Price Tops $103: Devon Energy and Diamondback Energy Gain 5%, Occidental Petroleum Rises 3%

Devon Energy (DVN) and Diamondback Energy (FANG) shares rose 5% each, while Occidental Petroleum (OXY) gained 3% as WTI crude oil prices topped $103 due to Middle East tensions. Devon's Q2 oil realizations averaged $88.09 per barrel, with Q3 guidance at 550,000-560,000 barrels per day. Diamondback's CEO linked oil outlook to depleted global inventories, while OXY's CEO highlighted opportunities at higher prices. Oil volatility and service-cost inflation pose risks.

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