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Occidental Petroleum

Occidental Petroleum’s Big Deal with Berkshire & What’s Ahead: Stock Performance, News and Analysts’ View (October 2 2025)

Occidental Petroleum Primed for Action Monday: Berkshire Deal, Oil Trends & Analyst Outlook Unpacked

Latest Stock Price & Premarket Movement Friday’s close at $41.20 stockanalysis.com left Occidental near the lower end of its recent trading range (roughly $40–46 in the past month chartmill.com). In technical terms, the stock is hovering just above a chart support zone around $40.8–41.1 chartmill.com. On that basis, Monday’s premarket session showed OXY little changed, following a flat oil-futures overnight. By contrast, broad markets (Dow, S&P) were expected to open modestly higher on the heels of the Fed decision and mixed economic cues. Given OXY’s recent vol and current price, any meaningful gap either way could be triggered by oil
Occidental Petroleum’s Big Deal with Berkshire & What’s Ahead: Stock Performance, News and Analysts’ View (October 2 2025)

Occidental Petroleum’s Big Deal with Berkshire & What’s Ahead: Stock Performance, News and Analysts’ View (October 2 2025)

Stock Performance and Market Trends Current stock price and recent trend Occidental’s stock closed at ≈US$47.72 on 1 Oct 2025, slightly down from US$48.10 at the start of the week (29 Sept) occidentalpetroleum.gcs-web.com. Within this period, daily volume ranged between roughly six and eight million shares, showing moderate trading interest occidentalpetroleum.gcs-web.com. Over the past month, OXY has traded in the mid‑40s to upper‑40s, reflecting volatility driven by oil price swings and speculation about the OxyChem sale. For context, the stock’s 52‑week high is US$56.49 and the low US$34.78 benzinga.com. The one‑month performance is essentially flat to modestly negative as the market digested the prospective
Warren Buffett’s $10B Oil Bet: Could Berkshire’s OxyChem Deal Supercharge Occidental (OXY)?

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 Buffett’s Berkshire) and the CrownRock shale deal in 2024 reuters.com tipranks.com. These moves boosted production but also piled on debt. As of June 30, 2025, Occidental’s long-term debt stood around $23.3 billion reuters.com, well above its management’s comfort zone (a stated target near $15 billion) seekingalpha.com. To address this, Occidental has been selling non-core assets. In 2024–2025 it divested about $4 billion worth
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