Occidental Petroleum: Record accumulation after strategic billion-dollar deal
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Operational breakthrough: Occidental Petroleum significantly exceeds expectations with an EPS of $0.31 and uses the high cash flow for debt reduction. Strategic portfolio restructuring: The sale of OxyChem for $9.7 billion to Berkshire Hathaway leads to massive trading volume and a fundamental re-evaluation. Future bet on carbon: Market leadership in Direct Air Capture (DAC) transforms the oil giant into a technology pioneer under the megatrend of decarbonization. Occidental Petroleum (OXY) operates as one of the leading players in...
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