Why Occidental Petroleum Stock Slumped 17% in 2024 but Could Rally in 2025
Occidental Petroleum (NYSE: OXY) -- the oil and gas stock lost 17.3% value in the year, according to data provided by S&P Global Market Intelligence. Occidental was, in fact, one of the worst-performing large-cap energy stocks of 2024,
Occidental Petroleum: New Sanctions To Boost Oil Markets In 2025
Occidental Petroleum is poised for long-term growth and potential outperformance in 2025 due to stricter oil sanctions. Read more on OXY stock here.
Occidental Petroleum Just Paid Investors: Here’s How Much They Got
Occidental Petroleum Corp. (NYSE: OXY) is rewarding its shareholders once again with a quarterly dividend of $0.22, payable on Wednesday, Jan. 15. That is in line with the prior payout. This is Warren Buffett's favorite energy stock,
Occidental Petroleum says it realized lower prices for oil in fourth quarter
U.S. shale producer Occidental Petroleum said the prices received for oil production during the fourth quarter were lower than the preceding three months, as global demand for the commodity weakened.
Occidental Petroleum Corp. stock rises Wednesday, still underperforms market
Occidental Petroleum Corp. closed 25.97% short of its 52-week high of $71.19, which the company reached on April 12th.
Occidental Petroleum (OXY) Rises But Trails Market: What Investors Should Know
Occidental Petroleum (OXY) closed the latest trading day at $52.70, indicating a +1.19% change from the previous session's end. The stock's performance was behind the S&P 500's daily gain of 1.83%. At the same time,
Nymex Overview: Petroleum Futures Down, But Remain on Track for Weekly Gains -- OPIS
Retailers are also being impacted by the higher futures prices, with the national average rack-to-retail margin for gasoline at 31.7cts/gal, according to OPIS MarginPro data. While that is 1.8cts ...
Marathon Petroleum's MPLX Bluestone Plant Marks a First for U.S. Midstream Natural Gas Processing Sector
NORTHAMPTON, MA / ACCESS Newswire / January 16, 2025 / Key Points The Bluestone natural gas plant has become the only ...
Biden Administration Creates Final Limits for Oil Drillers in Alaska
Republicans said they were seeking ways to quickly reverse the restrictions in the state’s North Slope region.
Here's what Trump could do to boost the oil and gas industry on day one of his new term
President-elect Trump is gearing up to support the oil and gas industry by directing agencies to unwind climate rules ...
Petroleum exploration licence cancelled after years of community opposition
A controversial offshore petroleum exploration licence has been cancelled by the federal government, citing reasons of public interest.
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In its final days, Biden administration pitches sweeping subsistence protections in National Petroleum Reserve-Alaska
The announcement comes just four days before President-elect Donald Trump is set to take office. Trump has said he plans to ...
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Mahama appoints Edward Bawa as acting CEO of Ghana National Petroleum Corporation
President John Mahama has appointed Edward Bawa as the Acting Chief Executive Officer for the Ghana National Petroleum ...
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Petroleum imports up 7.1% in April-Dec FY25, ethanol blending hits 18.2% in Dec 2024
Crude oil imports during the nine-month period grew by 3.2%, with December showing a marginal 1.0% increase year-on-year.
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Nigeria’s local petroleum oil consumption hits 54.6% – RMRDC
Nigeria’s reliance on locally sourced petroleum oil has reached 54.6 per cent, according to recent data released by the Raw ...