Warren Buffett’s $10B Oil Bet: Could Berkshire’s OxyChem Deal Supercharge Occidental (OXY)?
Occidental’s Background and Debt Burden Occidental Petroleum (ticker OXY) is a Houston-based oil & gas company with large Permian Basin and Gulf of Mexico production. It has grown aggressively through acquisitions, notably Anadarko Petroleum in 2019 (financed with $10 billion from