CapWealth Advisors LLC,
Mattson Financial Services LLC,
MGO One Seven LLC, and
Turtle Creek Wealth Advisors LLC are among the firms that have increased their positions in
Occidental Petroleum Corporation (OXY), signaling institutional investors' faith in the company. Further, Occidental is reportedly in talks to offload its chemicals unit, OxyChem, in a
$9.7 billion deal to
Berkshire Hathaway aimed at debt reduction. The potential divestiture of OxyChem raises questions for the future of Occidental's energy empire. Investors should note the stock suffered a larger drop than the general market recently but there has been a trend upsurge suggesting greater investor attention. Wells Fargo, although initiating coverage on OXY with an Underweight recommendation, later upgraded it. Expected
FY2025 EPS were raised by Capital One Financial, evidence of a generally positive performance trend in OXY. Despite possible concerns about Occidental's debt burden and potential overcapacity in China's plastic industry, stock valuation reassessment has been encouraged following recent key developments.
Occidental Petroleum Corporation OXY News Analytics from Tue, 29 Apr 2025 07:00:00 GMT to Sat, 18 Oct 2025 12:44:19 GMT -
Rating 3
- Innovation -2
- Information 8
- Rumor 1
