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Stock impact report

Is Occidental Petroleum (OXY) The Best Energy Stock to Buy Now? [Yahoo! Finance]

Occidental Petroleum Corporation (OXY) 
Last occidental petroleum corporation earnings: 2/27 04:13 pm Check Earnings Report
US:NYSE Investor Relations: oxy.com/investors/pages/default.aspx
Company Research Source: Yahoo! Finance
Berkshire owns about 29% of OXY and bought its chemicals business for $9.7 billion. This provides a strong vote of confidence for the company and strengthens the long-term bull case for the stock. But beyond the Berkshire angle, why should one buy Occidental Petroleum Corp (NYSE:OXY) stock? Occidental Petroleum Corp (NYSE:OXY) is quickly transitioning away from a traditional oil producer to a carbon-removal giant. Its Direct Air Capture (DAC) facility, STRATOS, is set to start operations this year. The company already has high-margin carbon removal credit deals with major firms like Microsoft and BlackRock. Occidental Petroleum Corp (NYSE:OXY) can produce net-zero oil with higher profit margins and lower decline rates than its competitors. This provides it with a unique hedge against the global energy transition. Mott Capital Management in their investor letter explained in detail why they decided to buy OXY shares in 2026. Read the letter here While we acknowledge the potentia Show less Read more
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