Warren Buffett, the CEO of Berkshire Hathaway, is followed with almost religious zeal on Wall Street. When he openly backs a ...

Occidental Petroleum (NYSE: OXY) is a major player in the energy sector and is one of the United States' top oil and gas producers. After a banner year in 2022, Occidental strengthened its balance ...

Oklahoma assets, which comprise operations in the Anadarko basin that spans about 300,000 net acres, could fetch more than $1 ...

Validus Energy, Denver, an Elliott Investment Management portfolio company, has agreed to acquire the Anadarko basin business of 89 Energy, Oklahoma City, in a transaction ...

Buffett first invested in Occidental in 2019 through preferred shares to support its acquisition of Anadarko Petroleum and began aggressively buying its common stock in early 2022. Since then ...

It may seem like a lifetime ago at this point, but in 2019 Chevron (NYSE: CVX) was attempting to buy Anadarko Petroleum. Occidental Petroleum, often just known as Oxy, stepped in with a counteroffer.

Berkshire Hathaway was a key player in helping Occidental finance its acquisition of Anadarko Petroleum in 2019, outbidding Chevron in the process. As part of the deal, Berkshire provided $10 ...