Occidental Petroleum is selling off non-core assets and pushing forward in its debt reduction plan, with four Permian Basin deals valued at $950 million during the second and early third quarters.

The bank forecast OXY could restart buybacks in 2026, retiring about 10% of shares outstanding while maintaining its dividend. HSBC added that aligning Oil & Gas with Midstream could “unlock value ...

Ector County, Texas — Occidental Petroleum’s energy transition strategy came into sharper focus Friday as it kicked off construction of its first direct-air carbon capture hub in West Texas. The ...

Occidental Petroleum Corporation remains a Buy, supported by strong free cash flow and resilient low-cost Permian operations despite industry headwinds. OXY's potential sale of its OxyChem division is ...

Vicki Hollub ran operations in the Permian basin for Oxy before becoming CEO. She posed for Forbes in 2017. Occidental Petroleum’s conventional oilfields in the Permian basin of west Texas have been ...