Friday, 10 Oct 2025
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
logo logo
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
  • 🔥
  • Trump
  • VIDEO
  • House
  • White
  • ScienceAlert
  • Trumps
  • Watch
  • man
  • Health
  • Season
Font ResizerAa
American FocusAmerican Focus
Search
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
Follow US
© 2024 americanfocus.online – All Rights Reserved.
American Focus > Blog > Economy > Warren Buffett Just Give Occidental Petroleum a HUGE $10 Billion Boost. Should You Buy OXY Stock Here?
Economy

Warren Buffett Just Give Occidental Petroleum a HUGE $10 Billion Boost. Should You Buy OXY Stock Here?

Last updated: October 5, 2025 7:45 am
Share
Warren Buffett Just Give Occidental Petroleum a HUGE  Billion Boost. Should You Buy OXY Stock Here?
SHARE

Occidental Petroleum (OXY) has finalized its largest divestment to date, transferring its chemical division, OxyChem, to Warren Buffett’s Berkshire Hathaway (BRK.A) (BRK.B) for an impressive $9.7 billion. This transaction marks a significant shift for Occidental as it continues to work through its debt-laden balance sheet following substantial acquisitions.

With $6.5 billion of the proceeds earmarked for debt reduction, Occidental aims to reduce its principal debt below the $15 billion threshold set after last year’s $12 billion CrownRock acquisition. This represents a crucial milestone for a company that had $23.3 billion in debt as of June.

  • Stay informed with our FREE Barchart Brief newsletter! Sign up today!

The divestiture further strengthens Berkshire’s influence over Occidental. Already its largest shareholder with a 27% stake, Buffett is now incorporating a chemicals segment into his portfolio, enhancing his holdings beyond just oil and gas. For Occidental, the sale illustrates a refined focus on oil and gas production, which accounted for 75% of earnings in 2024. CEO Vicki Hollub characterized the agreement as a means to “unlock over 20 years of low-cost resource potential” within their core upstream operations.

Occidental Petroleum Corporation, valued at $43 billion in market capitalization, operates as a global energy enterprise, with activities spanning the U.S., the Middle East, and North Africa. OXY’s operations encompass Oil and Gas, Chemical (OxyChem), and Midstream segments, in addition to investments in low-carbon initiatives. The firm effectively merges traditional energy production with carbon management to foster sustainable growth.

On October 2, Occidental Petroleum (OXY) shares fell by over 6% following the news of the deal, reflecting persistent investor apprehension regarding the Berkshire Hathaway agreement. As of early October 2025, the stock has remained in the mid-$40s range, resulting in a 10% dip year-to-date (YTD). This trend mirrors wider challenges within the energy sector, as oil prices reached four-month lows in September amid concerns of oversupply.

See also  Best Dyson Cordless Vacuum 2025: Which Dyson Should You Buy?

The valuation of OXY appears elevated, with a forward P/E ratio of 20, significantly above the sector average of 13, indicating potential overvaluation compared to rivals. On the other hand, its price-to-cash-flow ratio of 4 is below the sector’s median of 5, hinting at some undervaluation.

Occidental Petroleum continues to provide shares holders with a quarterly dividend of $0.24 per share, yielding roughly 2% forward. While the company has seen varied growth over the past five years, it has sustained dividend payments for three consecutive years, maintaining a modest payout ratio of 30%.

TAGGED:billionboostBuffettBuyGivehugeOccidentalOXYPetroleumStockWarren
Share This Article
Twitter Email Copy Link Print
Previous Article JB Pritzker Destroys Kristi Noem’s Lies About ICE In Chicago
Next Article Florida man blames haircut appointment after getting clocked going more than 100 mph Florida man blames haircut appointment after getting clocked going more than 100 mph
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Posts

Jennifer Lawrence, Robert Pattinson Stun on Cannes Film Festival Red Carpet

The 78th Cannes Film Festival is currently in full swing, with big stars gracing the…

May 17, 2025

9 Vogue Editors on the Luggage They Rely on for Every Trip

All items highlighted in Vogue are curated independently by our editorial team. That said, we…

October 2, 2025

Emergency Posters for Kids Bundle (Free Printables)

Emergencies can happen at any time, so it's important to be prepared and ensure that…

February 20, 2025

Tracy Morgan Paramount+ Comedy Series ‘Crutch’ Casts Adrianna Mitchell

Adrianna Mitchell has landed a role in the highly anticipated Tracy Morgan comedy series "Crutch,"…

September 9, 2024

Cambodia makes 1,000 arrests in latest cybercrime crackdown

Cambodia has recently taken a strong stance against criminal cybercrime operations in the country, resulting…

July 19, 2025

You Might Also Like

When Godzilla Breaks Windows
Economy

When Godzilla Breaks Windows

October 10, 2025
Peter Schiff Describes Bitcoin’s Jump Over 6,000 As ‘Bear Market Rally’: ‘Too Early For Bitcoiners To Get Excited…’
Economy

Peter Schiff Describes Bitcoin’s Jump Over $126,000 As ‘Bear Market Rally’: ‘Too Early For Bitcoiners To Get Excited…’

October 10, 2025
Veteran analyst drops sharp take on GTA 6 hype
Economy

Veteran analyst drops sharp take on GTA 6 hype

October 10, 2025
Nvidia’s Jensen Huang Says AI Demand Is Up ‘Substantially’ This Year, and Still Growing
Economy

Nvidia’s Jensen Huang Says AI Demand Is Up ‘Substantially’ This Year, and Still Growing

October 10, 2025
logo logo
Facebook Twitter Youtube

About US


Explore global affairs, political insights, and linguistic origins. Stay informed with our comprehensive coverage of world news, politics, and Lifestyle.

Top Categories
  • Crime
  • Environment
  • Sports
  • Tech and Science
Usefull Links
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA

© 2024 americanfocus.online –  All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?