Occidental Petroleum is undervalued, with Berkshire Hathaway steadily increasing its stake, signaling confidence despite ...

Debt has been an issue for Occidental Petroleum over the years. It borrowed a boatload of money in 2019 to buy Anadarko Petroleum, but that move backfired the next year when crude prices crashed.

Occidental Petroleum (OXY 0.15%) has a multitude of potential upside catalysts. From higher oil prices to Warren Buffett's buying to its non-oil growth drivers, the oil company has a lot of positives.

Benzinga's options scanner has just identified more than 10 option transactions on Occidental Petroleum (NYSE:OXY), with a cumulative value of $369,390. Concurrently, our algorithms picked up 6 ...

Occidental Petroleum produced solid first-quarter results. The oil company continues to repay debt. It will deliver significantly more free cash flow from non-oil and gas sources starting next year.

Occidental Petroleum is one of Berkshire's top holdings. Buffett's company owns nearly 265 million shares of the oil giant, or a full 28.2% of its outstanding shares, worth $10.5 billion.