Occidental Petroleum (NYSE: OXY) is a prominent international energy company currently undergoing a significant strategic transformation, with its recent activities and future direction heavily in focus as of October 2, 2025. Headquartered in Houston, Texas, Occidental is primarily engaged in the acquisition, exploration, and development of oil and gas properties across the United States, including [...]
Berkshire Hathaway's multi-billion-dollar acquisition of OxyChem signals a strategic deployment of cash into a stable, long-term industrial earnings engine.
October 2, 2025 – While the broader U.S. stock market has recently celebrated record highs, propelled by fervent optimism in artificial intelligence (AI) innovation and the anticipation of forthcoming interest rate cuts by the Federal Reserve, a contrasting narrative is unfolding for a significant number of public companies. Across diverse
Occidental Petroleum Corporation (NYSE:OXY) shares are trading lower on Thursday. Berkshire Hathaway, Inc. (NYSE:BRK-A) (NYSE:BRK-B) agreed to acquire its OxyChem business for $9.7 billion in an all-cash deal.
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As the calendar turns to October 2025, a palpable sense of unease permeates global financial markets, fueled by dire predictions from renowned financial educator Robert Kiyosaki. The author of "Rich Dad Poor Dad" has consistently sounded the alarm, forecasting an impending "super-crash" that he warns could be the most catastrophic
JPMorgan analyst weighs in on reports of Occidental Petroleum discussing $10 billion sale of OxyChem to Berkshire Hathaway. Potential tradeoffs and impact on leverage ratio noted.
