Occidental (OXY) Climbs 5.7% in 2024: Is Warren Buffet Right?
OXYOXY(OXY) ZACKS·2024-07-18 21:06

Occidental Petroleum Corporation (OXY) is an integrated oil and gas company that has positioned itself well to play a major role in unlatching America's vast shale reserves. It has recently been in the news for Warren Buffet raising his stake in it.While the TX-based company missed its revenue targets for first-quarter 2024, it came out with earnings of 65 cents per share, beating the Zacks Consensus Estimate of 56 cents. Interestingly, OXY has been able to reward its shareholders while taking part in the m ...