Berkshire Hathaway to take Occidental shares instead of cash dividends [Yahoo! Finance News]
Occidental Petroleum Corporation (OXY)
Last occidental petroleum corporation earnings: 2/27 04:13 pm
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US:NYSE Investor Relations:
oxy.com/investors/pages/default.aspx
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Source: Yahoo! Finance News
FILE PHOTO: The logo for Occidental Petroleum is displayed on a screen on the floor at the NYSE in New YorkHOUSTON ) - Warren Buffett's Berkshire Hathaway Inc agreed to take Occidental Petroleum Corp common shares in lieu of a first quarter cash dividend, helping relieve the strain on the trouble oil giant's balance sheet.However, Berkshire can immediately sell the shares, according to a regulatory filing on Wednesday, but has not indicated its intent. A sale would bring in less than $250 million at Occidental's current price.The stock was off 8% at $13.67 in early trading on Wednesday and are trading 68% below where they sold at the start of the year. Occidental's market value is about $12.24 billion, a fraction of what it paid for Anadarko.Berkshire last year bought $10 billion worth of Occidental's preferred shares to help finance its $38 billion acquisition of Anadarko Petroleum.A bet on rising shale oil prices, the deal came just months ahead of the worst oil-price crash in dec
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OXY
News
- Occidental Petroleum Corporation (OXY): A Bull Case Theory [Yahoo! Finance]Yahoo! Finance
- Occidental Petroleum (NYSE:OXY) had its price target lowered by analysts at BMO Capital Markets from $50.00 to $48.00. They now have a "market perform" rating on the stock.MarketBeat
- Balance Point Announces Investment Team Promotions [Yahoo! Finance]Yahoo! Finance
- 1PointFive and Bain & Company Announce Agreement for Direct Air Capture Carbon Removal CreditsGlobeNewswire
- Is Occidental Petroleum (NYSE:OXY) Using Too Much Debt? [Yahoo! Finance]Yahoo! Finance
OXY
Earnings
- 11/10/25 - Beat
OXY
Sec Filings
- 1/2/26 - Form 8-K
- 12/17/25 - Form 4
- 11/10/25 - Form 10-Q
- OXY's page on the SEC website